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Arada [10]
3 years ago
9

Why it is important for shareholders to elect a suitable board of directors to control the business and make important decisions

Business
1 answer:
Mashutka [201]3 years ago
7 0

Answer:

without them the business would be out of control and  it wouldn't have different point of views which will change peoples opinions on it point of view

Explanation:

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A. store supplies still available at fiscal year-end amount to $1,750.b. expired insurance, an administrative expense, for the f
Pavlova-9 [17]

Answer:

The answer is $1600.

Explanation:

Depreciation Expense store equipment = $1525

accumulated depreciation = $1525

Costs of goods sold = $1600

So, Merchandise Inventory = $1600.

3 0
4 years ago
Robertson Corporationâs inventory balance was $22,000 at the beginning of the year and $20,000 at the end. The inventory turnove
Bad White [126]

Answer:

D. $210000

Explanation:

Given that

Inventory balance at the beginning = 22000

Inventory balance at the end = 20000

Inventory turnover = 6.0

Gross profit ratio = 40%

Average inventory = balance at beginning + balance at end / 2

= 22000 + 20000/2

= 21000

Recall that

Inventory turnover = cost of good sold/average inventory

Thus,

Cost of good sold = inventory turnover × average inventory

= 6.0 × 21000

= $126000

Therefore

Net sales = cost of good/ 1 - gross profit ratio

= 126000/1 - 0.4

= 126000/0.6

= $210,000

4 0
3 years ago
Why would the threat of a takeover motivate a manager to act in stockholders' interest?
777dan777 [17]

Running the firm well and acting in the stockholders' interest makes the firm a less attractive takeover target, to begin with.

<h3>Who are Stockholders?</h3>
  • A shareholder of a corporation is an individual or legal entity that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation.
  • Shareholders may be referred to as members of a corporation.
  • As noted above, a shareholder is an entity that owns one or more shares in a company's stock or mutual fund.
  • Being a shareholder (or a stockholder as they're also often called) comes with certain rights and responsibilities.
<h3>Which of the following mechanisms is used to motivate managers to act in the interests of shareholders? </h3>
  • The threat of a takeover

To learn more about it, refer

to brainly.com/question/24448358

#SPJ4

3 0
2 years ago
Kyei weighed half the total weight of his two brothers. his two brothers be weighed 44 1/2kg and 32 1/2kg.what was kyei's weight
inessss [21]

Answer:

Kyei's weight = 38.5 kg

Explanation:

Given:

Kyei's brother's weight = 44.55 kg and 32.5 kg

Find:

Kyei's weight.

Computation:

⇒ Kyei's weight = Sum of Kyei's brother's weight / 2

⇒ Kyei's weight = [44.5 + 32.5] / 2

⇒ Kyei's weight = [77] / 2

⇒ Kyei's weight = 38.5 kg

5 0
4 years ago
Assume that product Alpha and product Beta are both priced at $1 per unit and that Ellie has $20 to spend on Alpha and Beta. She
Yanka [14]

Answer: In order to maximize utility, Ellie should buy more of Alpha and less of Beta

Explanation: Marginal utility is the quantity of added satisfaction that a consumer enjoyed from consuming additional units of goods or services. Marginal utility is the additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service. However, in determining how much of an item consumers are willing to purchase marginal utility is used.

5 0
4 years ago
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