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
Sunny_sXe [5.5K]
3 years ago
5

Corporate governance is defined as _____. a. the memos sent out by upper management on appropriate conduct b. formal systems of

accountability, oversight, and control c. the members of the Board of Directors d. classic economic precepts, including the goal of maximizing wealth e. the management style of the firm's CEO
Business
1 answer:
igor_vitrenko [27]3 years ago
6 0

Answer:

The answer is: B) formal systems of accountability, oversight and control

Explanation:

Corporate governance is the system by which companies are operated and controlled. It includes the rules, control systems, policies and resolutions that  dictate corporate behavior.

Corporate governance is needed in order to address the possibility of conflicts of interests between stakeholders (mostly between shareholders and management).

You might be interested in
True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true
frozen [14]

The answer in the given statement above is false because Gross Domestic Product has the capability of providing measurement when it comes to the economy’s income. It measures the goods that are produced and the services that are given in the course of one year where in it is concluded that it has the capability of measuring the economy’s income.

5 0
4 years ago
Are the costs related to the product that have to be paid regardless of the amount you sell.
coldgirl [10]

Answer:

C) Variable costs

Explanation:

7 0
3 years ago
Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $207,000 but h
vovikov84 [41]

Answer:

A. $549000

Explanation:

Given information

Number of outstanding stock of Sherry, Inc = 60%

The cost of the land = $207,000

Fair value at the acquisition date = $549,000

By considering the above information, the value reflected in a consolidated balance sheet is $549,000.

The historical principle says that the fixed assets should be recorded at the purchase price or acquisition cost only and the same is to be considered

8 0
3 years ago
NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $61 and has variable costs of $43. Mo
Minchanka [31]

Answer:

See explanation

Explanation:

We first calculate weighted avg total break even point.

The formula or this is,

Total Break even = Total fixed costs / Weighted avg contribution

Weighted avg contribution = (Contribution of A12 * Weight of A12) + (Contribution of B22 * Weight of B22) + (Contribution of C124 * Weight of C124)

Contribution/ Product =

A12 = 61 - 43 = $18

B22 = 108 - 78 = $30

C124 = 413 - 316 = $97

Thus,

Weighted avg Contribution = (18*0.56) + (30*0.27) + (97*0.17) = $34.67

Total Break even = 249624/ 34.67 = 10085 units in total

Simply multiply total break even units with each products weight to calculate qty for each product to b produced.

A12 = 10085*0.56 = 5647.6 units

B22 = 10085*0.27 = 2722.94 units

C124 = 10085*0.17 = 1714.45 units

as per the sales mix.

We can also calculate how many units of each individual product are required for break even as,

A12 = 249624/18 = 13868 units

B22 = 249624/30 = 8320.8 units

C124 = 249624/97 = 2573.44 units

Hope that helps.

7 0
4 years ago
The principal difference between objectives and goals is that
Rudik [331]
<span>An objective is a subset of the overall goal. The goal is the final accomplishment.The objective is to complete each step leading toward the ultimate goal. Ghant charts were designed with this premise in mind.</span>
4 0
3 years ago
Other questions:
  • PBJ Corporation issued bonds on January 1, 2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face
    9·1 answer
  • An effective minimum wagea. imposes a price ceiling on the wages of various categories of low-skill workers.b. increases the dem
    14·1 answer
  • What unfair business practice do cartels use?
    13·2 answers
  • Expanding businesses often centralize distribution to create more efficient processes.
    6·1 answer
  • If you worked as an employee, where can you find the information about how much money your employer withheld for federal income
    5·2 answers
  • Pinder Co. produces and sells high-quality video equipment. To finance its operations, Pinder issued $25,000,000 of five-year, 7
    9·1 answer
  • What are the forces that together comprise the invisible hand?
    12·2 answers
  • Patrice and Patrick are twins. They sit down to discuss their college plans with their parents. If both choose an in-state schoo
    6·2 answers
  • What are the reasons for different communication methods?​
    7·1 answer
  • During its first year of operations, Mack's Plumbing Supply Co. had sales of $6,740,000, wrote off $48,600 of accounts as uncoll
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!