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saul85 [17]
3 years ago
15

Which of the following is a true statement?

Business
1 answer:
Ipatiy [6.2K]3 years ago
3 0

Answer:

b) Stockholders receive their proportionate share of any assets remaining after the corporation pays its debts and liquidates.

Explanation:

Stockholders are the persons who have shares in the company. Or the people who hold the stock in the company is known as the stockholders

After paying off all the liabilities, the payment that made at last is paid to the stockholders according to their share part in the company out of the balances of the asset left

Therefore the option B is correct

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4 years ago
Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisio
abruzzese [7]

Answer:

Please check the info below

Explanation:

1. For Osaka

Margin =  Net Operating Income / Sales *100

= $ 792000 / $9900000 *100

= 8.00%

Turnover = Sales / Average Operating Assets * 100

= $ 9900000 / $ 2475000 * 100

= 4.00%

ROI =  Margin * Turnover

= 8% *4 %

= 32.00%

Hence the correct answer is 32.00%

For Yokohama :

Margin =  Net Operating Income / Sales *100

= $ 2900000 / $ 29000000*100

= 10.00%

Turnover = Sales / Average Operating Assets * 100

= $ 29000000 / $ 14500000* 100

= 2.00%

ROI =  Margin * Turnover

= 10% *2 %

= 20.00%

Hence the correct answer is 20.00%

2. The correct answer is  

Osaka = $ 371,250

Yokohama = $ 435,000

3. The correct answer is No

This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed

4 0
3 years ago
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