Every cooperation is usually guided by a set of individual the board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders’ best interests.
<h3>Who are board of directors?</h3>
They are individuals that are elected by the shareholders of a company usually to govern and oversee the affairs of the cooperation.
They make decisions on behalf of the stakeholders.
Therefore, board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders.
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Answer:
The correct answer is b. Direct.
Explanation:
The computer is considered a direct cost because it is essential in the development of the project. For each phase of the same it is required to analyze the information in order to outline the study, and for this reason it is considered as a resource that will be used directly until the completion of the project.
Answer:
$5,000
Explanation:
Calculation for what the Sales Tax Payable will be:
Sales Tax Payable=5% sales tax*Account balance $100,000
Sales Tax Payable=$5,000
Therefore the Sales Tax Payable will be: $5,000
Answer: 0.67
Explanation:
From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.
The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:
= 10/15
= 0.67
