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N76 [4]
3 years ago
10

Founders' shares are a type of classified stock where the shares are owned by the firm's founders, and they generally have more

votes per share than the other classes of common stock. True False
Business
1 answer:
LuckyWell [14K]3 years ago
4 0

Answer:

TRUE

Explanation:

This is True because Founders are usually the first to get shares of a company, hence they will have more votes per share than the other classes of common stock.

Founder's shares are a type of classified stock.

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Describe a communication situation with all the elements of communication​
Mariana [72]

Explanation:

Simply, we can define communication as “sharing of ideas or feelings with others.” Communication takes places when one person transmits information and understanding to another person. There is a communication when you respond or listen to someone. Movements of lips, the wave of hands or the wink of an eye may convey more meaning than even written or spoken words. The basic elements of communication process include communicator, communicatee, message, channel and feedback.

- Communicator is the sender, speaker, issuer or writer, who intends to express or send out a message.

- Communicatee is the receiver of the message for whom the communication is meant. The communicatee receives the information, order or message.

- Message, which is also known as the subject matter of this process, i.e., the content of the letter, speech, order, information, idea, or suggestion.

- Communication channel or the media through which the sender passes the information and understanding to the receiver. It acts as a connection between the communicator and the communicatee, i.e., the levels of communication or relationships that exist between different individuals or departments of an organization.

- Feedback, which is essential to make communication, a successful one. It is the effect, reply or reaction of the information transmitted to the communicatee.

Firstly, the communicator develops an exact idea about concepts, beliefs or data that he wants to convey. Then he translates the idea into words, symbols or some other form of message which he expects the receiver to understand. The communicator picks out an appropriate medium for transmitting the message. The message is then received by the communicate. The communicate acts upon the message as he has understood it. Finally, the effectualness of communication is assessed through response or feedback. If the communication brings in the desired changes in the actions, it is said to be successful communication.

Hope It Helps Pls Mark BranLiest

8 0
3 years ago
During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 R
7nadin3 [17]

Answer:

April 1

DR Treasury Stock <u>$7,800</u>

CR Cash <u>$7,800</u>

(<em>To record purchase of Treasury Stock</em>)

Working

Treasury Stock = 260 shares * $30

= $7,800

June 14

DR Cash <u>$4,550</u>

CR Treasury Stock <u>$ 3,900</u>

CR Additional Paid-in Capital <u>$ 650</u>

(<em>To record sale of Treasury Stock</em>)

Working

When the stock sold is higher or lower than the price it was purchased or issued for, it is credited or debited to the Additional Paid-in Capital account respectively.

As the price it was sold for here was higher than what it was purchased for, the balance is credited.

Cash = 130 shares * $35

= $4,550

Treasury Stock = 130 * $30 (original price)

= $3,900

Additional Paid-in Capital = 4,550 - 3,900

= $650

Sept 1.

DR Cash <u>$3,000</u>

DR Additional Paid-in Capital <u>$600</u>

CR Treasury Stock <u>$3,600</u>

(<em>To record sale of Treasury Stock</em>)

Working

Price stock was sold for is less than the amount it was purchased so the balance will be debited to the Additional Paid-in Capital account.

Cash = 120 * 25

= $3,000

Treasury Stock = 120 * 30

= $3,600

Additional Paid-in Capital = 3,600 - 3,000

= $600

7 0
3 years ago
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estim
Jlenok [28]

Answer:

Budgeted sales:

Product XXX= $2,630,000

Product ZZZ= $6,304,000

Total sales= $8,934,000

Explanation:

Giving the following information:

Product XXX Sales in units:

Region I= 336,000 units

Region II= 190,000

Selling price per unit= $5

Product ZZZ Sales in units:

Region I= 254,000 units

Region II= 140,000 units

Selling price= $16.

<u>The budget sales for the period is simply a multiplication of the number of units to de sold and the selling price per unit.</u>

<u></u>

Budgeted sales:

Product XXX= (336,000 + 190,000)*5= $2,630,000

Product ZZZ= (254,000 + 140,000)*16= $6,304,000

Total sales= $8,934,000

7 0
3 years ago
Which of these career positions typically advise customers of the amount of money they need to support their families in case of
LiRa [457]

Answer:

its d

Explanation:

6 0
3 years ago
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Which of the following describes intellectual property
Jet001 [13]
Invention or discovery that have significant educational or scientific value such as literary and artistic work
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