This assertion is accurate. A cash dividend or other cash payment to investors is approved by the board of directors.
<h3>Is the board of directors involved in the decision to distribute dividends?</h3>
Before a cash dividend is announced and later delivered to shareholders, a company's board of directors must determine whether to pay one and how much. The Board shall determine the amount of cash to be delivered to the Shareholders, both individually and collectively.
<h3>Dividends have been announced by the board of directors.</h3>
A company's interim dividend is the sum that the board of directors declares between two annual general meetings. Interim dividend is included in the definition of dividend under Section 2(35) of the Companies Act. It is at the board of directors' discretion to declare an interim dividend.
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Answer:
Fixed costs = $13,000
Variable costs = $450,000
Explanation:
Fixed costs are costs that do not vary with production. In this question, they are rent payments and monthly payments on meat packaging equipment.
Fixed cost = $10,000 + $3,000 = $13,000
Variable costs are costs that vary with production. In this question, they are the cost of purchase of raw meat, wages and fuel costs.
Variable costs = ($20 + $90 + $40) × 3000 = $450,000
I hope my answer helps you.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
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<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: the one that is false is A. Emergency plans ensure that all resources can be obtained through internal sources within the jurisdiction.