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Alina [70]
3 years ago
14

What are the board directors in charge of

Business
1 answer:
Mama L [17]3 years ago
7 0

Answer:

The board of directors is elected to represent shareholders' interests

Explanation:

Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation. hope this helps you :)

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What does respecting people’s privacy mean?<br> Which factor is a component of verbal communication?
Firdavs [7]
Sound is the most important part of verbal communication
8 0
2 years ago
you lend a friend 10,000 dollars for which your friend will repay you 27,027 dollars at the end of 5 years. What interest rate a
Step2247 [10]

Answer:

The interest rate is "21.999%".

Explanation:

The given values are:

Amount lent,

= 10,000

Amount repaid,

= 27,027

Years (n),

= 5

As we know,

⇒  Amount \ repaid = Amount \ lent\times (1+r)^n

On substituting the given values, we get

⇒                27,027=10,000\times (1+r)^5

⇒                  \frac{27,027}{10,000}=(1+r)^5

⇒                 2.7027=(1+r)^5

⇒                 1+r = (2.7027)^{(1/5)}

⇒                 1+r=1.21999

On subtracting "1" from both sides, we get

⇒          1+r-1=1.21999-1  

⇒                      r=0.21999

i.e.,

⇒                      r=21.999 \ percent

5 0
3 years ago
B
ludmilkaskok [199]

Answer:

1)decrease 2)increase

Explanation:

Because the money come in the business

5 0
2 years ago
Which statement is false?
Llana [10]

Answer:

The statement which is false is the no matter that whether perpetual inventory system or periodic system is used by company, but all the companies require to evaluate inventory quantities at the end of the accounting period.

Explanation:

The statement is false because the companies does not require to determine or assess the inventory quantities at each accounting period.

Therefore, the correct option is C.

5 0
2 years ago
The Cutting Department of Sheridan Company has the following production and cost data for July.
alina1380 [7]

Answer:

1.                                                                   Materials       Conversion Costs

Total equivalent units of production        17,200                  15,800  

2. Cost per Equivalent Unit                    $ 4.05                           $ 2.6

Explanation:

Cutting Department

Weighted-Average Method

1. Equivalent Units

Particulars              Units       % of Completion       Equivalent Units

                                     Materials Conversion   Materials Conversion

Transferred Out    13,700     100         100             13,700      13,700

<u>Ending Inventory     3500      100          60             3500        2100    </u>

<u>Total Equivalent Units                                             17,200      15,800  </u>

<em>The Ending Inventory  units are 3500 which are not yet complete. </em>

                                                                   Materials       Conversion Costs

Total equivalent units of production        17,200                  15,800  

2. Cost Per Equivalent Units

                                                    Materials         Conversion

Cost Added                               69,660                18,480 + 22,600

                             

Total Costs                                69,660                  41,080

Equivalent Units                       <u> 17,200                    15,800 </u>

Cost per Equivalent Unit             69,660 / 17,200         41,080/ 15,800  

                                                    $ 4.05                           $ 2.6

Cost of Ending Work In Process  $ 19635

Materials = 3500 * $ 4.05= $ 14175

Conversion = 2100 * $ 2.6=  $ 5460

We multiply the equivalent number of units with the cost per unit to find the cost.

Cost Of Units Transferred Out = $ 91,105

Materials = 13,700 * $ 4.05= $ 55,485

Conversion = 13,700 * $ 2.6 =  $ 35620

B. A Cost Reconciliation Report

                                    Materials              Conversion

Ending WIP                     $ 14175                  $ 5460

<u>Transferred Out             $ 55,485              $ 35620</u>

<u />

<u>Total                                 $ 69660                 41080   </u>

These calculated costs reconcile with the costs given in the above data.

                                                  Materials              Conversion

<u>Cost Added                               69,660                18,480 + 22,600</u>

<u>Total Costs                                69,660                  41,080</u>

<u></u>

These costs reconcile with the given costs.

5 0
3 years ago
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