Answer:
Spelling and Grammar check.
Explanation:
Answer:
The business judgement rule states that if the board takes decision in good faith and in best interest of the corporation considering the information available then its decision is not to be questioned by the courts. The courts can intervene only if there is any breach of good faith, due care or loyalty.
The above case is similar in facts with another case paramount vs time. In that case Time decided to merge with another company named Warner. Paramount also started bidding for Time but the directors of Time rejected their bid offer citing that warner merger would be more suitable for the company strategy.
Paramount then brought the case against Time in court.The court stated that the instant case was different from another case (REVLON VS MacAndrews) where Revlon was up for sale and hence it was necessary for the board to sell its assets to the highest bidder.
Answer:
The answer is 51,500 units
Explanation:
Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.
Break-even sales is:
Fixed cost/contribution margin.
Where contribution margin is sales price per unit minus variable cost per unit.
In the question, variable cost are decreased by $3.
So the new variable cost is $21 - $3
=$18.
Contribution margin is $24 -$18
$6
Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:
$309,000/$6
=51,500 units
Answer: Heyaa! :)
→ income not spent, or deferred consumption. Methods of saving include putting money aside in
- <em>Checking Account</em>
Offers easy access to your money for your daily needs ←
<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.
Hopefully this helps <em>you !</em>
- Matthew ~~
The answer would be a legal price above which a good/service cannot be sold at.