As a result of Institutional Investors having so many shares, they are able to <u>remove some </u><u>or even </u><u>all </u><u>of the </u><u>members </u><u>of the </u><u>Board</u><u>. </u>
<h3>Who are Board members?</h3>
- People chosen to represent the shareholders by overseeing the affairs of management.
- They are voted in by shareholders.
Institutional Investors such as Mutual Funds, own so much stock in companies that their vote can remove board members. With enough influence and voting strategy, they could even remove the entire Board.
Find out more on Board of Directors at brainly.com/question/728335.
Answer:
peter druker and write about him and the stuff he did write that he is the person u look up for
Answer:
$790
Explanation:
<em>$300 --- ($40 * 9 hours) + 130</em>
<em>Add </em>
<em>300 + 130</em>
<em>430 </em>
<em>Then, multiply </em>
<em>40 and 9</em>
<em>= 360.</em>
<em>Therefore, Add the results together to get your answer, which is </em><em>$790</em>
Answer:
Covered Interest Arbitrage
Explanation:
The Covered Interest Arbitrage is a term that refers to arbitrage trading approach in which a stockholder take the chance to gain advantage from the disparity in interest rate between two nations.
The trading strategy helps in its verifiability, quantifiability, consistency, and objectivity
It is designed to profit the investor from the differences in interest rates between two countries, when buying and selling foreign currencies.
When a market is small or there's a high level of competition, there's a possibility that the earnings on covered interest rate arbitrage won't yield much.
Answer:
The expenses can be recorded as follows;
Debit to the expenses of $33,000 and a credit to the cash account of $33,000.
Explanation:
The accounting equation is an equation that tends to balance a company's assets on one side and the sum of its liabilities and shareholders equity on the opposite side of the equation. It form the basis for the double-entry system in accounting that includes an accounts debit and credit. The debit is a sum to an amount that is owed, it is usually listed on the left hand-side of an account while the credit is a listing of a sum that is received usually on the right hand side of an account.
In the case of Michael Barry, the accounting equation;
Assets=liabilities+stockholders equity
Assets=$126,000
Liabilities=$74,000
Stockholders equity=$52,000
liabilities+stockholders equity=74,000+52,000=$126,000
The assets equals the sum of the liabilities and stockholders equity.
To record expenses paid of $33,000;
Debit Credit
Expenses $33,000
Cash $33,000
