<span>Should focus on finding opportunity instead of accepting security, getting results instead of following routines, earning a profit instead of earning a paycheck, trying new ideas instead of avoiding mistakes, and creating a long- term vision instead of seeking a short term payoff.
(Put in your own words)</span>
Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
<h3>What is
Corporate governance?</h3>
Corporate governance can be described as the system whereby a companies are been directed and controlled.
It should be noted that the Boards of directors are responsible for the governance of their companies, however the shareholders' role that can be associated to this governance help to appoint the directors and the auditors .
Hence,Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
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Answer:
$236,900
Explanation:
Computation for net cash provided by operating activities using the indirect method
Net income $228,900
Add : Account receivables $80,000
Less: Prepaid expenses ($28,500)
Less :Inventories ($43,500)
NET CASH by OPERATING ACTIVITIES $236,900
Therefore net cash provided by operating activities using the indirect method is $236,900
Answer:
See the journal entry below
Explanation:
Retained earnings A/c Dr $500,000
Dividends payable A/c Cr $500,000
Here, cash dividend is being declared by the board on 100,000 shares hence the account of retained earnings is debited and account of dividends payable is credited.
NB.
Amount = Share × Price per share
Given that;
Share = 100,000
Price per share = $5
Amount
= 100,000 × $5
= $500,000
