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2 years ago

As it applies to corporations, employee-owner separation means that many employees

1 answer:

4 0

As it applies to corporations, employee-owner separation means that many employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirement and they as employee are not stockholders of the company for which they work.

For better understanding, lets explain ownership and control in firms

Separation of Ownership and Control in firm is done by Shareholders. They hire managers to manage the firm on their behalf. Employee only work for shareholders. Employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirement

From the above, we can therefore say that the answer that as it applies to corporations, employee-owner separation means that many employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirement and they as employee are not stockholders of the company for which they work is true

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lesantik [10]

Answer:

It's Best to Pay Your Credit Card Balance in Full Each Month

Explanation:

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3 years ago

J Crane, Ltd. is a local coat retailer. The store’s accountant prepared the following income statement for the month ended Janua

kari74 [83]

Answer:

J Crane, Ltd

Contribution Margin Income Statement

For the Month ended January 31 YY

$ $

Sales revenue 750,000

Less Variable cost :

Cost of goods sold 300,000

Selling expenses 19,500

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357,000

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Less Fixed cost :

Selling expense 4,060

Administrative expense 12,000

16,060

Net income 376,940

Working:

Number of Coat sold = 750,000/250 = 3000 coats

Variable costs:

Selling expenses = 6.5 x 3000 = 19500

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Fixed cost:

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3 years ago

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the f

Fiesta28 [93]

Answer:

Contribute to the firm's strategic position as either low-cost leader or differentiator.

Explanation:

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the firm's strategic position as either low-cost leader or differentiator. In order to achieve a sustainable competitive advantage, a firm must either perform its activities in a different way or it should perform totally different activities as compared to their competitors. This is the basic essence and logic behind getting a sustainable competitive advantage. In order to do it, a firm must perform each activity which should contribute to the firm's position in making it either a cost effective producer of the products or making entirely different products. In this way, by either becoming cost-effective leader or differentiator in the market, a firm must gain very strong strategic position in gaining sustainable competitive advantage which will be very hard for the competitors to compete with.

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3 years ago

Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in.

Novosadov [1.4K]

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3 years ago

Calculate the modified duration for a 10-year, 12 percent coupon rate, and semi-annual coupon payment bond with a yield to matur

Andru [333]

Answer:

Missing question "If the interest rates increase by 50 basis points, What will be the percent change in price for the bond? Why? "

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Thus, the Interest rates and bond prices are inversely related. Hence, increase in interest rates would lead to decline in bond prices.

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3 years ago