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).
Answer:
The answer is $230,000
Explanation:
Net sales is the sum of a company's gross(total) sales minus any returned goods, sales allowances and/or discounts. The total amount of revenue on a company's income statement is the net sales.
Gross sales - $240,000
Merchandise returned - $10,000
Net sales = Gross sales - goods returned
$240,000 - $10,000
= $230,000
The statement that is false is When the marginal product of labor is upward-sloping, the marginal cost curve (MC) is upward-sloping.
<h3>What is the relationship between marginal product and cost?</h3>
The two measures have an inverse relationship. This means that when one is increasing, the other is increasing.
When marginal product of labor is increasing, the marginal cost curve decreases so this statement is false.
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Answer:
regressive
Explanation:
A regressive tax is basically a tax whose rate increases as your income decreases. Generally you do not need to increase the marginal tax rate of lower income levels, all you need to do is have a flat tax that taxes everyone with the same amount. E.g. everyone pays $2,000 as income taxes. $2,000 per person represents 10% of the first household's income, but it only represents 2.7% of the fourth household's income.
On the other hand, progressive taxes increase as the income level of the taxpayers increases.