Answer:
Please find the detailed answer below
Explanation:
1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:
Appointment of auditors (if there are any)
Appointment or re-appointment of directors.
Removal of a director or the auditor etc.
2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.
3. This is known as proxy solicits
4. A QUORUM must be present, either in person or through proxies
5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote
Answer:
Partnership
Explanation:
When you share ownership of a company, you are partnering with someone.
Answer and Explanation:
The computation is shown below:
a) Liabilities to equity ratio is
= $200 ÷ ($500 - $200)
= 0.667
Times interest earned ratio is
= EBIT ÷ Interest expense
= $120 ÷ $28
= 4.285
Times burden covered is
= EBIT ÷ (Interest +Principal repayment ÷ ( 1 -tax rate))
= 120 ÷ (28+24 ÷ (1-0.4))
= 1.764
b)
Interest paying requirements
= ($128 - $20) ÷ 120
= 76.7%
Principal and interest requirements
= [$120 - ($28 + $24 ÷ (1-0.4))] ÷ 120
= 0.433 or 43.3%
Principal, Interest and Common dividend payments -
= [$120 - ($28 + (($24 + 0.3 × 20) ÷ (1 - 0.4))] ÷ 120
= 0.35 or 35%
Answer:
The correct answer is $176.
Explanation:
Giving the following information:
The following cost data per television are based on full capacity of 12,000 televisions produced each period:* Direct materials = $75* Direct labor = $55* Manufacturing overhead (75% variable and 25% unavoidable fixed) $48.
The only selling costs that would be incurred on this order would be $10 per television for shipping.
Because it is a special offer and there is unused capacity we will not have into account the fixed costs.
Unitary costs= 75 + 55 + (48*0.75) + 10= $176
The minimum price is the one that covers the variable cost. In this case $176.
Minimum price= $176
Answer:
20
Explanation:
The computation of the increase in the government spending is shown below:
= (Economy is at equilibrium point - potential output) ÷ (Multiplier)
= ($1,000 billion - $1,200 billion) ÷ (10)
= $200 billion ÷ 10
= $20 billion
The multiplier is computed below:
= (1) ÷ (1 - MPC)
= (1) ÷ (1 - 0.9)
= 1 ÷ 0.1
= 10
We simply first apply the multiplier formula, than calculate the government spending increment
