Maximize shareholder value.
Answer:
A. Buy a call
Explanation:
In the case when the investor purchase a call on the stock so the investor has the right to purchase for repurchase for a fixed price
Also the right way is to hedge a non-realized profit for a stock position i.e. short for purchasing a call
Therefore in the given situation, the correct option is A.
Answer:
The correct answer is letter "B": engage in risky business endeavors in order to accumulate future wealth.
Explanation:
Property rights represent the ownership individuals and organizations have on determined goods. In the case of businesses, the firm must know what assets, trademarks, and patents it has to project the profits that can be made and find out the resources that might be necessary to hit those goals. As long as the property of a company is wider, the institution could take more risk since it will have a cushion in case the venture does not provide the returns expected.
Answer:
$51
Explanation:
Given that,
Total estimated overhead = $240,300
Estimated direct labor hours = 4,690
Actual manufacturing overhead = $243,000
Actual direct labor-hours = 4,640
Hence,
Predetermined overhead rate:
= Total budgeted overhead cost for the year ÷ Total budgeted direct labor hours
= $240,300 ÷ 4,690 estimated direct labor hours
= $51.2367
Therefore, the predetermined overhead rate for the year was closest to $51.
