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2 years ago

What is meant by goal maximization of the shareholders' wealth?

Business

1 answer:

shepuryov [24]2 years ago

4 0

Answer:

the objective of all corporate activity is called goal maximization of the shareholders' wealth.

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A fish cannot survive without water and a profession cannot exist without education. Justify this statement logically.

Misha Larkins [42]

Water is the home of fish. If there won't be water then there won't be fish as fish can't survive without water. Similarly, education is like the water and profession is like the fish. Education makes a person skilled, trained, capable to perform a job. If someone tries to do a job without gaining some sort of education then it will be very hard for them to do that particular job properly. Education provides us knowledge and skill to perform any task in a job efficiently and effectively. Education helps to develop one's confidence, knowledge, skills and makes one ready to do any type of job. Education makes a direct contribution to the production of skilled manpower. So without education there won't be any profession.

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3 years ago

Despite the doctors gloomy prognosis when i entered the hospital, i was up and about

aksik [14]

Despite the doctors gloomy prognosis when i entered the hospital, i was up and about "in a matter of days".

Prognosis refers to medical term which is used for foreseeing the probability of a man's survival. When connected to substantial factual populations, prognostic evaluations can be extremely exact: for instance the statement "40% of patients with serious septic shock will die in 30 days" can be made with some certainty, on the grounds that past research found that this extent of patients passed on. This factual data does not make a difference to the anticipation for every individual patient: extra data is expected to decide if a patient has a place with the 40% who will die, or to the 60% who will survive.

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3 years ago

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and

Trava [24]

Answer:

37.9%, lower

Explanation:

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is 37.9%, which is lower than that for the highest quintile of the U.S. income distribution in 2005.

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3 years ago

Solid Oak Bureau Company uses job costing. Solid Oak Bureau Company has two departments, Trimming and Finishing. Manufacturing o

Rom4ik [11]

Answer:

c. 130% of direct labor cost

Explanation:

Note : Manufacturing overhead is allocated based on direct labor cost in the Trimming Department.

Where,

Budgeted Overheads are $416,000

Total Direct Labor Cost are $320,000

Therefore,

Predetermined Overhead Rate = Budgeted Overheads ÷ Total Direct Labor Cost

= $416,000 ÷ $320,000

= $1.30 or 130 %

The predetermined manufacturing overhead rate for the Trimming Department is 130 %

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2 years ago

What does productivity measure for a business?

Sphinxa [80]

Answer:

A. Its efficiency in creating its product

Explanation:

Productivity describes various measures of the efficiency of production. Often, a productivity measure is expressed as the ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time

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2 years ago

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What is meant by goal maximization of the shareholders' wealth?​

What is meant by goal maximization of the shareholders' wealth?