the answer i prefer is either A OR E ...cause without identifying the costs of a business u can't really run a bs successfully
Answer:
Net operating income= 565,000
Explanation:
Giving the following information:
Krazy Kayaks sells its entry-level kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per month for volumes up to 1,100 kayaks. Above 1,100 kayaks, monthly fixed costs are $60,000.
Sales= 2,500*750= 1,875,000
COGS= (500*2,500)= (1,250,000)
Gross profit= 625,000
Fixed costs= (60,000)
Net operating income= 565,000
Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
- The Board of directors first have to propose a resolution regarding disposition which has to be approved
- Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
- Such approval must be obtained by majority of the votes cast in it's favor.
In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
Answer:
c. Cultural differences, government demands, and local competitors
Explanation:
Philips organization is multinational organization and it encounters the forces of local responsiveness as follows:
Cultural differences: As it is selling electronics it will remove cultural differences as that arise, because each person irrespective of its culture will use electronics.
Government demands of the country in which the organization is set up has to be met in order to thrive and find extra support from government.
As the company is an outsider to the states it needs to evaluate the local competitors properly in order to thrive and lead in the state of Netherlands.
