A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be 120,000 shares.
Stocks are gadgets of fair ownership in an agency. For a few businesses, shares exist as an economic asset providing for an identical distribution of any residual profits, if any are declared, in the shape of dividends.
In monetary markets, a share is a unit used in mutual finances, limited partnerships, and real estate funding trusts. Percentage capital refers to all of the stocks of an agency. The owner of shares within the agency is a shareholder of the business enterprise.
A share is referred to as a unit of possession that represents the same share of a business enterprise's capital. A percentage entitles the shareholders to an equal declaration of earnings and losses of the employer. There are majorly sorts of shares i.e. equity stocks and desire stocks.
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To minimize disruptions in brokerage operations stemming from an unexpected event a broker should have a succession plan in place before the unexpected event occurs.
For succession plan a broker can consider the following points:
Check the governing documents of the entity to see who has authority to appoint a new designated broker.
If it is seen the same person as the designated broker, an attorney should be contacted to amend the governing documents so that another person could be added to the ownership and governance of the entity.
If it requires the unanimous consent of all of the directors, members, or partners, and the designated broker is member of one of those parties, attorney is contacted to amend the governing documents to allow the remaining directors, members, or partners to appoint a new designated broker.
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Answer:
autocratic
Explanation:
Autocratic decision-making style is one in which single person takes the whole decision and impresses it upon other. This single person analyses the conditions, plan the solution and then gets it implemented in the organization. No other person is involved in this decision-making process.
While this decision making is fast and faces less impediments, such decision solely depends on the wisdom and expertise of one person. It lacks the collective the intelligence which is brought upon when group works in making the decision.
Since in the problem stated above Percy has built this company and is solely involved in decision making by imposing her decision on others, This is trait of autocratic decision making style
Answer:
$17,820,000
Explanation:
The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period
Taxable income for 2021 = $66million
Enacted or current tax rate for 2021 = 27%
Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million
Hence Current portion of income tax expense = $18 million
Answer:
create a relevant agenda for every meeting and stay on point by re-directing non-work related topics back to agenda items.
Explanation:
Fin is the manager, he might be new at the job but it is his responsibility to direct and control his subordinates. Managing isn't easy and maybe some of his staff will not like him directing and controlling what is said during the meetings, but it is his job. If he is not fit to do it, then he should have chosen another job or another career.
Every career and job has its own level of difficulty and things getting tough or difficult is no excuse. Just like a firefighter rushes into a burning house because it is his/her job, controlling the meeting is Fin's job.