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chubhunter [2.5K]
3 years ago
5

The CEO of Skyco, a publicly-traded company that has been earning below-average returns, has been publicly criticized by shareho

lders for persuading the board of directors to give her interest-free loans, for having the company purchase and furnish a lavish apartment in Paris for her personal use on her twice-yearly trips there, and for excessive stock options. The CEO's behavior may be indication of
A) reasonably compensating a CEO.
B) a weak board of directors.
C) the laxity of institutional investors.
D) the difference in risk propensity between owners and managers.
Business
1 answer:
Rasek [7]3 years ago
4 0

Answer:

B) a weak board of directors

Explanation:

The board of directors of a company are elected group of people that represents the interest of shareholders of a company.

They provide oversight by meeting at intervals to set policies that will govern the company.

In the given scenario the CEO got interest-free loans, for having the company purchase and furnish a lavish apartment in Paris for her personal use on her twice-yearly trips there, and for excessive stock options.

This is with the consent of the board of directors and despite the company earning below-average returns.

It is a sign that the board of directors is weak and are not adequately representating the wishes of the shareholders.

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I need help on this please…
krok68 [10]

Answer:

D: "Track his expenses for a month"

Explanation:

If he ends up tracking his expenses for a month he'll know what to spend his money on and what not to. (Need or Want)

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3 years ago
Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expe
yulyashka [42]

Answer:

See bekow

Explanation:

Number of direct labor hours = 555,000 / 15 = 37,000

Overhead cost = $57,000 + $158,500 + $28,800 + $22,100

3 0
3 years ago
An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying
Nadusha1986 [10]

The type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>

Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.

  • Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.

Hence, the type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>

<em />

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Read more about this here

<em>brainly.com/question/17246519</em>

8 0
3 years ago
The federal income tax is described as a progressive tax system because
Yakvenalex [24]
The federal income tax is described as a progressive tax system because: <span>individuals who make more money, pay more taxes.
With this taxation income, the government are planning to spread the wealth in the country and used the excess of money from the upper income bracket to support those in the lower bracket</span>
7 0
3 years ago
Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400
OverLord2011 [107]

Answer:  $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

                                 = $362,000 - $46,400 + $42,000 + $30,000

                                 = $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

                                          = $200,000 - $38,600 + $28,100 + $2,700 + $9,900

                                          = $202,100

Ending cash balance = Total cash received - Total cash disbursement

                                   = $387,600 - $202,100

                                   = $185,500

8 0
3 years ago
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