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Aliun [14]
3 years ago
6

A corporation's legal capital:

Business
2 answers:
kotegsom [21]3 years ago
8 0

Answer:

The correct answer is Option D.

Explanation:

Corporation legal capital is the amount of equity that cannot legally be allowed to leave the company's books. The company cannot pay out dividends or any other thing from the legal capital. The legal capital is always regulated by the regulators e.g., central banks, Securities and Exchange Commission (SEC), insurance commission, etc.

The objective of having a legal capital is to protect the company's creditors in the event of default, however, this intent is being negated by companies as they issue low par values of stock.

Some states do not require any par value, meaning the companies in those states have no capital requirement.

Fantom [35]3 years ago
3 0

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

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Miguel was asked to improve his company's report format. Many employees and clients found the reports hard
VLD [36.1K]

In order to increase the readability, Miguel can use:

  • Shorter lines.
  • Columns.
  • Boxes.

<h3>Improving readability </h3>

Miguel can use shorter lines so that the chances of people getting lost when reading a sentence is reduced. He can also present the information in different columns for more organization.

Another way to organize the information can be in boxes. These can explain concepts away from the text so that the report is less cluttered.

In conclusion, there are several ways to increase readability.

Find out more on readability at brainly.com/question/3923453.

7 0
2 years ago
During the middle years of last decade, the exchange rate of the U.S. dollar has declined against the currencies of its major tr
Aleks04 [339]

Answer:

Because there are other factors that influence the weakening or strengthening of the dollar, not just the dollar exchange rate in relation to the exchange rates of other countries' currencies.

Explanation:

Although the United States has registered increases in the trade deficit, that is, when the country imports more goods and services from abroad than it exports, there are other factors that determine whether the country's currency is valued or not. In the case of the dollar, its value has not decreased despite the fall in the exchange rate of the dollar in relation to the currencies of its main trading partners due to the fact that the dollar is the main reserve currency in the world, which means that the dollar is the fashion of commercial transaction in the world, therefore its value is not lost in relation to other currencies, since several important transactions in the world such as gold and oil commodities are traded in dollars.

There is also the fact that the US attracts a lot of international investment for US Treasury bills, which helps to strengthen the dollar.

6 0
3 years ago
Michael is the CEO of a multidivisional company who has determined that it is time for his company to revisit its Strategic Plan
Bezzdna [24]

Answer: An "Ivory Tower" approach could lead the executive team to a plan created in a vacuum without an understanding of current operating realities

Explanation:

Based on the information given in the question, the potential pitfall that could impact the strategic plan for this company will be an "Ivory Tower" approach could lead the executive team to a plan created in a vacuum without an understanding of current operating realities.

It should be noted that when a strategy is being designed by an organization, everyone in the organization has to be carried along and the current happenings in the company and its environment has to be taken into account. When these are ignored, it may lead to a negative impact on the organization.

4 0
4 years ago
An increase in the demand for movies also increases the salaries of actors and actresses. Is the​ long-run supply curve for movi
olchik [2.2K]

Answer:

Upward sloping because increases in output raise input prices.

Explanation:

If an increase in the demand for movies also increases the salaries of actors and​ actresses, then the​ long-run supply curve for movies is likely to be upward sloping because increases in output raise input prices.

4 0
3 years ago
A volunteer has been working at a very physical job for 10 hours. At the end of his shift, he said he was fine and continued wor
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B it will show that he is actually in need of a break instead of him saying that he is tiered and getting a break 
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