Answer:
Stockholder theory
Explanation:
Stockholder theory
This theory was introduced in 1960's by Milton Friedman ,
According to this theory , The managers of the corporation have a duty to maximize the returns of the shareholder .
Therefore , due to the cyclic nature of the business hierarchy , the corporation is mainly responsible to its stockholders .
Answer:
the investment advisor should do nothing
Explanation:
In the scenario that is being described, the investment advisor should do nothing. This is because the investment advisor did nothing wrong or illegal, he simply followed the instructions that were strictly provided by the clients, therefore acting in accordance with the customers' wishes. Meaning that he has nothing to fear from the client's being accept because they have no standing to take legal action against the advisor.
<span>Cash conversion cycle is an efficiency ratio which measures the number of days for which a company’s cash is tied up in inventories and accounts receivable. It is aimed at assessing how effectively a company is managing its working capital.
Formula
Cash Conversion Cycle = DSO + DIO – DPO
Where,
DSO is days sales outstanding = Average Accounts Receivable Ă— 365 Ă· Credit Sales
DIO is days inventory outstanding = Average Inventories Ă— 365 Ă· Cost of Goods Sold
DPO is days payables outstanding = Average Accounts Payable Ă— 365 Ă· Cost of Goods Sold
DSO=(97,900*365)/324,000=110.2
DIO=(126,300*365)/282,000=163.5
DPO=(115,100*365)/282,000=149
Cash Conversion Cycle = DSO + DIO – DPO
Cash Conversion Cycle = 110.2+163.5-149=125(Approx)</span>
Answer:
19%
Explanation:
Given that,
Nominal GDP in 2010 = $200 billion
Nominal GDP in 2009 = $180 billion
GDP deflator in 2010 = 125
GDP deflator in 2009 = 105
Percentage change in prices:
= Percentage change in GDP deflator
= (Change in GDP deflator ÷ GDP deflator in 2009) × 100
= [(125 - 105) ÷ 105] × 100
= (20 ÷ 105) × 100
= 0.19 × 100
= 19%
Therefore, the prices increases by 19%.