<span>This means shareholders own the corporation, but it is controlled by managers.</span>
The value of current stock price is equal to $57.93
<u>Explanation:</u>
Given dividend = $20 per year
The calculation of current stock price is as follows:
The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250
Current stock price ( present value ) = 
After calculating, we get, 57.92801
Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).
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Explanation:
Answer:
Sales volume variance $26,250 Favorable
Explanation:
<em>The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard contribution per unit</em>
Units
Budgeted sales units 225,000
Actual sales units <u> 230,000</u>
Sales volume 5,000 favorable
Standard contribution(9-3.75) <u> × $5.25</u>
Sales volume variance <u> $ 26,250 </u>
Sales volume variance $26,250 Favorable
<em>Note standard contribution = standard selling price - standard variable cost</em>
<span>william's company was using the principles of </span><span>scientific management
</span><span>scientific management is a management practice which rely on scientific finding in order to improve the productivity in the company.
</span>In scientific management mindset, each company need to implement a specific method completely to the letter without any form of flexibility.
This form of management started to fade away by the end of 20th century.
