Answer:
III) Increase its gross margin
Explanation:
If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.
The only option that increases the value of the company is to increase its net profit, since:
- an increase in inventory will result in a lower stock price
- a decrease in the asset turnover ratio will result in a lower stock price
- the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower
In the joint planning process, A Planning Order
(PLANORD) <span>is a planning directive providing
essential planning guidance and directs the initiation of plan development
before the directing authority approves a military COA. It saves times by
allowing planning activities to begin in advance of a formal decision.</span>
Answer:
2,000,001 shares
Explanation:
To solve this question, we need to use the cumulative voting formula:
X = [(S x N) / (D + 1)] + 1
-
X = minimum number of shares that must be owned = ?
-
S = total outstanding shares = 10,000,000
-
N = number of directors we want to elect = 1
-
D = total number of directors to be elected = 4
X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001
There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.
- The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
- Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.
Answer: $1,355.41
Explanation:
Business expense deductible:
= Adjusted Cost of gasoline + Depreciation
As Ryan can only provide documentation for 1,300 miles, this is what the deductible will be based on:
= (Cost of gasoline * Documented miles for business / Estimated miles for business) + (Depreciation * Documented miles for business / Total miles travelled)
= (1,920 * 1,300 / 2,260) + (3,900 * 1,300 / 20,200)
= $1,355.41
