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3 years ago

Lisa is the CEO of a corporation. As such, she is authorized to make daily operating decisions for

Business

1 answer:

IrinaK [193]3 years ago

5 0

Answer:

Principal-agent relationship

Explanation:

The principal Agent relationship is where a person or group of persons duly authorizes another to act on their behalf. Usually, the principal has more authority or is more senior and instructs the agent to represent them in certain aspects. The principle Agency relationship empowers the agent to act on behalf of the principal.

Lisa and the shareholders are a good example of a principal-agent relationship. Lisa, the CEO, should act in the best interests of the shareholder. Here, Linda is the agent who has been authorized to act on behalf of the shareholders, the principal.

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Scenario : The average total cost to produce 100 cookies is $0.25 per cookie. The marginal cost is constant at $0.10 for all

nika2105 [10]

Answer: D. $20

Explanation:

Total cost to produce 50 cookies = Total cost to produce 100 cookies - Marginal cost to produce 50 cookies

Total cost to produce 100 cookies is:

= Average total cost * number of cookies

= 0.25 * 100

= $25

Marginal cost to produce 50 cookies is:

= Constant marginal cost * number of cookies

= 0.10 * 5

= $5.00

Total cost to produce 50 cookies = 25 - 5

= $20.00

8 0

3 years ago

The master budget of Sheridan Company shows that the planned activity level for next year is expected to be 50000 machine hours.

barxatty [35]

Answer:

$1,350,000

Explanation:

Calculation to determine the total manufacturing overhead costs

First step is to calculate the Variable overhead

Variable overhead= $720,000 + $180,000 +$150,000

Variable overhead=$1,050,000

Second step is to calculate Unitary variable overhead

Unitary variable overhead= $1,050,000/50,000

Unitary variable overhead= 21

Now let calculate the total manufacturing overhead costs

For 60,000 units:

Total Manufacturing Overhead Costs = 21*60,000 + 90,000

Total Manufacturing Overhead Costs= $1,350,000

Therefore the total manufacturing overhead costs is $1,350,000

6 0

3 years ago

A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be

Galina-37 [17]

Answer:

Culture.

Explanation:

A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be short. Executives choose the most important values. Therefore, the clue to <u>Culture</u> is in what is chosen.

Companies recruit candidates who are most likely to fit their culture. Studies have found that a good fit between a candidate's personality and the company's culture leads to better retention. Companies can also use hiring decisions and training to maintain their culture.

6 0

3 years ago

Mama L [17]

Answer:

The correct answer to this IMPOSSIBLE question is the correct answer to this is the right one is B. I hOpE yOu EnJoY tHe ReSt Of YoUr DaY;)

6 0

3 years ago

Read 2 more answers

Stoneheart Group is expected to pay a dividend of $3.11 next year. The company's dividend growth rate is expected to be 4.2 perc

lukranit [14]

Answer:

$43.19

Explanation:

Use dividend discount model(DDM) to solve this question; specifically constant dividend growth model.

P0 = D1/(r-g)

P0 = Current price

D1 = Next year's dividend = $3.11

r = investors' required return = 11.4% or 0.114 as a decimal

g = dividend growth rate = 4.2% or 0.042 as a decimal

P0 = 3.11/(0.114 - 0.042)

P0 = $43.19

Therefore, this stock price is $43.19

8 0

3 years ago