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3 years ago

Which of the following groups decides who sits on the board of directors of a corporation?

Business

2 answers:

Fittoniya [83]3 years ago

7 0

It is the share holder because they own the company

Darina [25.2K]3 years ago

3 0

D. the shareholders decide who sits on the board of directors

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The lack of a national law requiring seat belts on school buses is a serious problem in the united states. last year alone, 437

yan [13]

By enforcement the safety in the schools

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3 years ago

A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a pri

Elena-2011 [213]

A. 6%

Calculator entries are N = 10, PV = -1,055.84, PMT = 60, FV = 1,100, CPT I/Y 6

5 0

3 years ago

Sunland, Inc., has issued a three-year bond that pays a coupon rate of 7.5 percent. Coupon payments are made semiannually. Given

diamong [38]

Answer:

$1086 approx.

Explanation:

<u>Given</u>: Coupon rate 7.5 % per annum i.e 3.75% semi annually

YTM = 4.4% per annum i.e 2.2% semi annually

Face value: $1000 (assumed)

No of periods to maturity = 3 years × 2 half years = 6 periods

Value of a bond is given by the following equation

$B_{0} = \frac{C}{(1\ +\ YTM)^{1} } \ +\ \frac{C}{(1\ +\ YTM)^{2} } \ +.....+ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ +\ YTM)^{n} }$

where $B_{0}$ = Market value of bond

C= Coupon payment each period

YTM = Yield to maturity rate

n= no of periods

Hence, $B_{0} = \frac{37.5}{(1\ +\ .022)^{1} } \ +\ \frac{37.5}{(1\ +\ .022)^{2} } \ +.....+ \frac{37.5}{(1\ +\ .022)^{6} } \ +\ \frac{1000}{(1\ +\ .022)^{6} }$

= 5.5638 × 37.5 + 1000 × .8776

= 208.64 + 877.60

= 1086.24

Market value of the bond is $1086 approx

This means, the bond is valued above par or priced at a premium. The reason being, it's rate of coupon payments being higher than it's yield to maturity rate.

8 0

3 years ago

The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to

nydimaria [60]

Answer:

c) labor shortages

Explanation:

In the early 20's when companies and various other organisations faced the problem of labor shortages, that is labor was less than the requirement the companies came up with the scientific approach to management.

Scientific management aims at efficiency and with that greater management of labor productivity.

The early practice of applying the science behind management was started with this, and the observed results were so emphasising, that the practice is followed even now.

7 0

3 years ago

At times, businesses require advance payments from customers that will be applied to the purchase price when goods are delivered

ser-zykov [4K]

Answer:

Liabilities until the product or service is provided

Explanation:

The accrual principle of accounting implies that cash received in advance will be treated as liability until its earned in form of cash

Accounting treatment of advance payments is: Cash Dr and Liability Cr

The cash received from customer in advance would not be treated as revenue until the goods are delivered or services are rendered to the customer.

3 0

3 years ago