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ArbitrLikvidat [17]
3 years ago
10

A company has two open seats, Seat A and Seat B, on its board of directors. There are 6 candidates vying for these 2 positions.

There will be a single election to determine the winner of both open seats. As the owner of 100 shares of stock, you will receive one vote per share for each open seat. You decide to cast all 200 of your votes for a single candidate. What is this type of voting called?
a. democratic
b. cumulative
c. straight
d. deferred
e. proxy
Business
1 answer:
Jet001 [13]3 years ago
5 0

Answer:

b. cumulative

Explanation:

Cumulative voting is a type of voting in which more than one vote is placed to the desired candidate. The voters possess the right to extend more than one vote. All the votes in the hand of the voter can be entitled to any particular candidate as decided by the voter.  

In the given situation, cumulative voting system has been used. The voter gives all the 200 votes to the single candidate.

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How are bonds payable usually classified on the balance sheet?
earnstyle [38]

Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.

<h3><u>How do long-term liabilities work?</u></h3>

Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.

Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.

Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.

Learn more about long-term liabilities  with the help of the given link:

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7 0
1 year ago
Movie tickets and film streaming services are substitutes. If the price of film streaming increases, what happens in the market
alexdok [17]

Answer:

Since no one would be buying the movie tickets then the market would go down and probably crash. hope this helps!

6 0
2 years ago
Which of the following describes the effect of the business cycle on the inflation rate and the unemployment rate? A. The unempl
Pani-rosa [81]

Answer:

The correct answer are option D for both questions.

Explanation:

Recessions is characterized with decrease in consumer and investment spending. During recessions there is a decline in inflation rate and the unemployment rate increases.

While during expansion, there is a boost in economy. So, with increase in investment and production, the unemployment rate falls. There is a rise in inflation rate as well.

Though even in the stages of recovery, the unemployment rate continues to increase because some firms are pessimistic and are operating below their capacity. Also, the rate of growth of labor force is higher than rate of employment growth, which leads to increase in unemployment.  

7 0
2 years ago
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Piedmont Hotels is an all-equity company. Its stock has a beta of .87. The market risk premium is 7.4 percent and the risk-free
vovikov84 [41]

Answer:

12.64%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4% + 0.87 × 7.4%

= 4% + 6.438%

= 10.438%

The Market rate of return - Risk-free rate of return)  is also known as the market risk premium and the same is applied.

Now the required rate of return would be

= 10.438% + 2.2%

= 12.64%

7 0
3 years ago
How do decisions concerning the span of management and the use of committees affect organizational structure?
nevsk [136]

Answer:

Explanation:

Decisions about the span of management and committees affects how decisions are made in the organization. These choices determine if there is an authoritarian structure or more of a democratic structure. Flatter structures give employees more decision-making authority.

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2 years ago
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