Answer:
True
Explanation:
The reason is that all the management owe fiduciary duties towards the shareholders and the corporation as well because the managers are acting as an agent and their principal is shareholders are principal so the agent must act in the best interest of the principal and shareholder's best interest here is long term success of the company with no fraudulent activities in the company. This law protects the shareholders by stating that management owe fiduciary duty to shareholders which is a true statement.
Pretty sure it's false because there is some competition between electric and gas companies.
The best answer is "C" or demand. Consumers will buy more or less depending on the demand.
I hope this helps!
<em>~cupcake</em>
Answer:
FV= $17,701.6
Explanation:
Giving the following information:
Annual deposit (A)= $5,800
Interest rate (i)= 5.2%
<u>To calculate the future value after the third deposit, we need to use the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,800*[(1.052^2) - 1]} / 0.052 + 5,800
FV= $17,701.6
