1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eddi Din [679]
3 years ago
14

Item 5Item 5 Internationally, legislators and professional bodies have focused on corporate governance issues in making recommen

dations for restoring investor confidence, and auditing is an essential part of corporate governance. Required: What is not an objective of good corporate governance? Multiple Choice Providing proper incentives for the employees to work more efficiently. Providing proper incentives for the board to pursue objectives that are in the interests of the company and shareholders. Providing proper incentives for the management to pursue objectives that are in the interests of the company and shareholders. Facilitate effective monitorin
Business
1 answer:
Mashcka [7]3 years ago
3 0

Answer:

Providing proper incentives for the employees to work more efficiently.

Explanation:

The objective of a good corporate governance is mainly in the interest of the company's shareholders. The shareholders should be able to see through (transparency) the activities of the company.

You might be interested in
A company has a capital structure that includes 30% debts, 10% preferred stock, and 60% common stock. The before-tax cost of deb
Alexxandr [17]

Answer:

option (C) 11.8%

Explanation:

Debts = 30%

Preferred stock = 10%

Common stock = 60%

before-tax cost of debt = 11%

cost of preferred stock = 10.3%

cost of common stock = 14.7%

New common stock sales cost = 16%

The weighted average cost of capital for the company

marginal tax rate = 40%

= Debt × before-tax cost of debt × (1 - tax)) + (Common stock × cost of common stock ) + (Preferred stock × cost of preferred stock )

= 0.30 × 0.11 × (1 - 0.40) + (0.60 × 0.147 ) + ( 0.10 × 0.103 )

= 0.0198 + 0.0882 + 0.0103

= 0.1183

Or

= 0.1183 × 100% = 11.83% ≈ 11.8%

Hence.

The correct answer is option (C) 11.8%

7 0
3 years ago
On January 1, 2021, Red Flash Photography had the following balances: Cash, $19,000; Supplies, $8,700; Land, $67,000; Deferred R
ira [324]

Answer:

<u> Red Flash Photography </u>  

<u>Balance Sheet as at January 1, 2018,</u>

<u>     Assets </u>

Cash,............... $26,000  

Supplies,........... $9,400

Land, ........ .......<u>$74,000</u>  

Total..................<u>109, 400</u>  

<u>Capital and Liabilities</u>

Deferred Revenue... $6,400

Common Stock..... ..$64,000  

Retained Earnings...<u>$39,000.</u>  

Total............................<u>109,400 </u>

<u> Red Flash Photography </u>  

Balance Sheet as at 31st December 2018

Revised Balance Sheet on 31st December 2018  

<u>Assets</u>

Cash..........................................42,600

Account Receivable............ 44,000  

Supplies....................................15,800  

Land..........................................74,000  

Prepaid Rent............................<u>19,500 </u>

Total...........................................<u> 195,900</u>  

<u>Capital & Liabilities</u>

Common Stock ......................98,000  

Retained Earnings.................56,500  

Accrued Wages........................5,400  

Accounts Payable...................<u>36,000</u>  

Total........................................... <u>195,900</u>

Explanation:

1. February 15 Issue additional shares of common stock, $34,000.  

ADD 34,000 TO EQUITY, AND TO CASH

2. May 20 Provide services to customers for cash, $49,000, and on account, $44,000.  

LESS 49,000 FROM CASH AND ADD TO RETAINED EARNINGS AS INCOME, ADD 44,000 AS ACCOUNT RECEIVABLES AND ADD TO INCOME IN RETAINED EARNINGS  

3. August 31 Pay salaries to employees for work in 2018, $37,000.  

LESS 37,000 FROM CASH AND FROM RETAINED EARNINGS

4. October 1 Purchase rental space for one year, $26,000.  

LESS FROM CASH AND FROM RETAINED EARNINGS

5. November 17 Purchase supplies on account, $36,000.  

ADD TO STOCK, ADD TO ACCOUNTS PAYABLES

6. December 30 Pay dividends, $3,400.  

LESS FROM CASH AND FROM RETAINED EARNINGS

The following information is available on December 31, 2018:  

1. Employees are owed an additional $5,400 in salaries.  

ADD TO ACCRUED SALARIES,LESS FROM RETAINED EARNINGS AS EXPENSES INCURRED IN THE PERIOD

2. Three months of the rental space has expired.  

CREATE PREPAID RENT FOR 3/4 OF RENT (19,500) AND LESS 6500 FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

3. Supplies of $6,400 remain on hand.  

LESS 19600 (26,000-6400) FROM SUPPLIES AND FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

4. All of the services associated with the beginning deferred revenue have been performed.  

DELETE DEFERRED REVENUE OF 6,400 AND ADD SAME AMOUNT TO RETAINED EARNINGS AS INCOME EARNED

7 0
3 years ago
An interview begins _____.
Zina [86]
When the first question is asked. Up until then you could decide to walk away.
7 0
2 years ago
Read 2 more answers
Sarah can study 20 pages per night. each page has three homework problems. if she studies for 3 nights how many homework problem
ss7ja [257]
20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.

20*3=60
60*3=180
7 0
3 years ago
On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 77,000 shares of $10 par common stock at $11, and on Nove
kkurt [141]

Answer:

i am sorry i do not know

Explanation:

sorry

3 0
3 years ago
Other questions:
  • A premium is _____.
    10·2 answers
  • A Chapter 7 bankruptcy proceeding is formally commenced by the _____.
    7·1 answer
  • Quantitatively, how important is international trade to the United States relative to the importance of trade to other nations?
    6·1 answer
  • Why is investing important in an economy?
    12·2 answers
  • Bob DeSlob, CEO of Westlake Inc., had supported the development and distribution of the Super Widget, a product that is expensiv
    6·1 answer
  • Wilturner Company incurs $74,000 of labor related directly to the product in the Assembly Department, $23,000 of labor not direc
    15·1 answer
  • Company Baldwin invested $50,460,000 in plant and equipment last year. The plant investment was funded with bonds at a face valu
    8·1 answer
  • Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
    6·1 answer
  • You need to answer all questions about the case "IKEA Entering India, Finally" Make sure that your submission (paper) should ref
    6·1 answer
  • Under mechanism of scientific management scientific task setting include?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!