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3 years ago

You and two partners who invented and patented a Gidgit decide to form a corporation. You determine who will be the president,

Business

1 answer:

WITCHER [35]3 years ago

5 0

Answer: True

Explanation:

Under normal circumstances, it should be noted that the boards of directors are in charge of decision making and making strategic plans for organizations.

The truth is that most times, the board of directors aren't always available to take vital actions and in such cases, the executive committee will be formed to address the vital issues that needed to be discussed in the organization.

The executive committee simply represents the board and they are made up of the chairperson which is the president; sometimes a vice-chairperson or vice president; the secretary, and lastly the treasurer.

Therefore, the statement in the question is true.

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Guaranteeing furutre dividneds is considered to be an unfair or deceptive act known as?

White raven [17]

Guaranteeing future dividends is considered to be an unfair or deceptive act known as misrepresentation.

Misrepresentation is a false or misleading statement of fact made by one party to another party during a negotiation that misleads the other party into entering into a contract.

Misrepresentation means making a false or misleading statement or any other misleading statement with the intent to mislead. It's a serious omission. Misrepresentation is one component of common law fraud and one source of fraud, including: B. Securities Fraud.

Learn more about misrepresentation here:brainly.com/question/5792449

#SPJ4

8 0

2 years ago

A(n) ________ performs and records the daily activities of a firm necessary to conduct business.

gtnhenbr [62]

Answer: Transaction processing systems

Explanation:

The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.

It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.

The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.

Therefore, Transaction processing system is the correct answer.

6 0

3 years ago

Are these true or false ????

Lemur [1.5K]

Answer:

10. true

11. false

12.false

13.true

14.false

15.false

5 0

3 years ago

Boston Pizza wants to determine how effective its retail space is compared to other pizza establishments in the local area. The

Sidana [21]

Answer:

Answer to this question is 'Sales per square foot'.

Explanation:

To determine the effectiveness of any retail space, the sale per square foot is to be calculated. Sales per square foot is a measure that is used to calculate the revenue that any retail store is able to generate for each foot in their given retail space. Sales per square foot is calculated by dividing 'Total Net Sales' with the 'Total Floor Area' of the given retail store. Therefore, the calculation of the indicator is arrived at by determining the Sales per square foot for its store.

5 0

3 years ago

Jammer Company uses a weighted average perpetual inventory system that reports the following August 2 purchase 19 units at $16 p

Readme [11.4K]

Answer:

$23.19

Explanation:

The the weighted average perpetual inventory system recalculates a new unit cost whenever a new purchase is made. This unit cost is used to value cost of sales and inventory balance.

<em>Unit Cost = Total Cost of units available for sale ÷ Total units available for sale</em>

August 18

Unit Cost = [(19 units x $16) + (21 units x $15)] ÷ 40 units

= $15.475

August 31

Unit Cost = [(2 units x $15.475 ) + (24 units x $19)] ÷ 21 units

= $23.1880 or $23.19

therefore,

The per-unit value of ending inventory on August 31 is $23.19.

4 0

3 years ago