Answer: A. Kingston may be held liable to Remstat because he usurped a corporate opportunity.
Explanation:
Based on the information given in the question, the correct option is that Kingston may be held liable to Remstat because he usurped a corporate opportunity.
Usurpation of a corporate opportunity is typically regarded as a form of breach of duty and it arises when a worker in a particular company uses the information that he has for his own personal gain.
In this case, Kingston is the 100 percent shareholder of KKIM and uses the information that he has regarding the sabres to his benefit.
Therefore, the correct option is A.
Answer:
Total cash disbursement= $40,210
Explanation:
Giving the following information:
The sales budget shows 2,700 units are planned to be sold in March. The variable selling and administrative expense are $3.20 per unit.
The budgeted fixed selling and administrative expense are $35,770 per month, which includes depreciation of $4,200 per month.
Th<u>e depreciation expense is not a cash disbursement. </u>
Total cash disbursement= total variable cost + total fixed cost
Total cash disbursement= 2,700*3.2 + (35,770 - 4,200)
Total cash disbursement= $40,210
Explanation:
The production system consists of all integrated activities and operations for the production of goods and services.
Organizational capacity is measured by the set of effective actions of coordination and control of the production system. Therefore, active management of systems monitoring will determine key factors for better meeting consumer demands and needs through continuous improvement in the quality of manufacturing processes, innovations, reduction of waste and unnecessary spending, which enables greater transfer to the customer a product with quality and low cost and represents for the organization gains of competitive and strategic advantages.
Answer:
3.33%; 9%
Explanation:
Given that,
Expected dividend next year = $1.50
Trading at = $45
Expected growth rate per year = 9 percent
Dividend yield = (Expected dividend next year ÷ Trading amount) × 100
= ($1.50 ÷ $45) × 100
= 0.0333 × 100
= 3.33%
The capital gain of JUJU is same as the expected growth rate i.e 9 percent.
Answer:
Limited liability company
Explanation:
A limited liability company is one that the owners are not personally liable for the business. Rather the company is a legal entity on its own and can be sued legally as a sepearte entity from its owners.
It combines features of a corporation and a partnership or sole proprietorship.
This will be the best type of business given that the business will not be expected to earn for the first two years. The sisters will not be personally liable for any debt incurred.
Also the business will continue even if only one of the sisters remains.
So an LLC is the best option for them.
