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alexandr1967 [171]
2 years ago
10

In addition to an annual base salary of $1.3 million, Heather Bresch, CEO of Mylan Pharmaceuticals, also received 6.4 million US

D in other compensation. This included $19,200 for the use of a company car and $310,000 in personal use of the company jet. Which of the following statements is most true regarding this situation?
a. Top level managers always act in the shareholder interest.
b. Shareholders favor diversification.
c. Top level managers may pursue their own interests over that of the company.
d. Executives favor diversification.
Business
1 answer:
Viefleur [7K]2 years ago
6 0

Answer: C. Top level managers may pursue their own interests over that of the company.

Explanation:

The scenario given in the question explains that top level managers may pursue their own interests over that of the company.

In the case of sole proprietorship or partnership business, the revenue generated by the firm or the profit made belongs to the owners. In the case of of a Corporation, this isn't the case as the revenue should be used for Shareholders benefits. Sometimes, there may be a conflict of interest which may then bring about a situation whereby the top level managers pursue their own interests over that of the company.

Hence, the correct option is C.

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Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
gayaneshka [121]

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

4 0
3 years ago
The matching principle:
KengaRu [80]

Answer: Option D

Explanation: Matching principle is an accounting standard which states that the expenses incurred in a period should be recognized in the period in which the revenue relating to that expense is earned regardless of the fact when the cash exchange has been done.

.

So, as per the given problem option D is the right answer.

8 0
3 years ago
Which career cluster is the job of Elementary School Principal most likely a part of?
JulijaS [17]

Answer:

the Education and Training cluster

Explanation:

The Education and Training career cluster comprises of tutors, teachers, and instructor professionals. The Elementary School Principal is a trained teacher. He or she has specialized in elementary education, besides the normal teacher training.

The education cluster also employs school counselors and psychologists who offer support, guidance, and counseling services to students.

5 0
3 years ago
Read 2 more answers
The U.S. stock market has returned an average of about 9% per year since 1900. This return works out to a real return (i.e., adj
taurus [48]

Answer:

Final value= $242,726.24

Explanation:

Giving the following information:

The U.S. stock market has returned an average of about 9% per year since 1900.

This return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year.

If you invest $100,000 and you earn 6% a year on it for 30 years.

We know inflation is 3% (average), so our real interest rate is approximately 3%.

We need the final value formula:

FV= PV*(1+i)^n

FV= 100000*(1.03)^30= $242,726.24

3 0
3 years ago
Far Horizons, Inc. has experienced a lot of absenteeism and turnover among employees, particularly among ethnic and religious mi
ycow [4]

Answer:

Option D. Adjust working hours to accommodate workers' personal needs.

Explanation:

The reason is that discrimination is treating an employee unfairly on basis of employee's religion, color, etc. and treating them by implementation of policies would not make it violate the discrimination act if the company is already struggling hard to better manage the people by adjusting worker's personal needs which means now if they still are absent then they are accountable for their unethical deeds.

3 0
2 years ago
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