Answer:
D) the company does not have a legal obligation to pay dividends when promised.
Explanation:
No corporation has a legal obligation to distribute dividends to common stock shareholders, even if they make a lot of money, or they have a lot of cash available. The only thing shareholders can do to change a corporation's dividend distribution policy is to elect a new board of directors.
In Mirembe's case I doubt that she has enough money for to board to pay attention to her. If Mirembe really needs an annual return, then she should invest her money in bonds.
Answer:
The equation for Edmund's budget line is 6C - 24G = 48
Explanation:
A budget line shows all possible combinations of two commodities that a consumer can buy at a given income level and at given market prices of commodities. The equation of the budget line is as follows.
M = (Px).X + {Py).Y where
M = Income
Px = Price of commodity X
X = Units of commodity X purchased
Py = Price of commodity Y
Y = Units of commodity Y purchased
In this question, Edmund's income is $48. Let C represent the units of punk rock video cassettes that he buys. Each one costs $6.
In addition, rather than spending on another commodity, he earns $24 per sack for accepting garbage. Let G represent the number of garbage sacks he accepts. Putting these values in the above equation, we have:
48 = 6C - 24G
Rearranging the equation, we have the final answer, which is:
6C - 24G = 48
Answer:
$880
Explanation:
Sales excluding sales tax
11880/(1+0.08)
11880/1.08
= $11,000
Sales tax payable =
Total sales including sales tax - Sales excluding sales tax
= $11,880 - $11,000
= $880
Therefore, sales tax payable is $880
<span>The Hyattsville country club requires that an applicant's grandfather be a member of the club in order to qualify for membership. because blacks were not allowed to join the club in the 1960s and 1970s, there are no black members today. this rule, which maintains the advantage for the dominant group, while providing the appearance of fairness to all is an example of: </span>Institutional Discrimination.
Answer:
Transaction cost
Explanation:
Transaction cost is the cost that is typically in money or time format. It is the cost involved in the context of time or money when a decision is made or an agreement has been reached.
So according to the given situation, there is an excessive amount of time or money spent on parties so that it could be reached to an agreement
Therefore it represents the transaction cost
