In a board of directors election for five directors and straight voting, a majority group of shareholders will elect a. four directors. b. five directors. c. four or five depending on how the cumulative voters vote. d. the same proportional share of directors as their ownership share.

Answers

Answer 1

Answer: b. five directors

Explanation:

Straight voting refers to a voting convention where shareholders are allowed to cast a single vote towards each director seat for each share they own. This is in contrast to cumulative voting where a single shareholder can decide to cast all their votes to one director.

In such a convention therefore, the majority will elect all five seats because the majority that voted for each seat will decide which director will be elected.


Related Questions

Denny works for Engineers, P.A. While working on an Engineers project, Denny is injured. Under state workers' compensation laws, he will be compensated only if the injury was:________.
a. incidental
b. material
c. accidental
d. intentional

Answers

Answer:

c. Accidental

Explanation:

Since in the given situation it is mentioned that denny worked for enginners and at the time of working on an engineer project denny is injured so as per the state worker compensation loan he would be compensated only when the injury is to be considered as an accidental as the compensation is only to be provided when there is an accidental injuries

Therefore the option c is correct

Jeffrey Dean, a Master's Degree candidate at North State Central University, was awarded a $15,000 scholarship from North State Central in the current year. During the current year, he paid the following expenses: Tuition $12,000 Books 1,000 Fees 500 Room and Board 1,500 In addition, he received $6,000 for teaching two undergraduate accounting courses. What amount must be included in Dean's gross income

Answers

Answer: $7500

Explanation:

It should be noted that the gross income exclusion towards a scholarship will consist of the education related expense and the tuition only.

In this case, the income that was earned which is $6000 and the room and board expense of $1500 will be added which makes $7500. Therefore, the amount that must be included in Dean's gross income is $7500.

Question 6 of 10
How does a low credit score affect a person who applies for a loan?
O A. It causes banks to charge the person higher interest rates on the
loan.
B. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
C. It allows banks to give the person a loan without checking his or
her tax records.
D. It makes banks more likely to give the person a large, long-term
loan.
SUBMIT.

Answers

Answer:

A. it causes Banks to charge the person higher interest rates on the loan

A business school has 15 full-time faculty and seven of them have tenure. A random sample of six faculty are randomly selected to form a committee. What is the probability that exactly three of the faculty on the committee have tenure?

Answers

The probability where exactly three of the faculty have tenure is 0.3916.

The computation of the probability where exactly three of the faculty have tenure is given below:

Since there are 6 faculty from 15 should be chosen so it should be [tex]^{15}C_6[/tex]

Now there are 3 faculty from 7 should be chosen so it should be [tex]^{7}C_3[/tex]  

Now the probability is

[tex]= \frac{^7C_3 \times ^8C_3}{^{15}C_6}[/tex]

= 0.3916

Therefore we can conclude that the probability where exactly three of the faculty have tenure is 0.3916.

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One large bakery still receives flour in 25-pound bags from their own company's warehouse. They use an average of 5500 bags a year. The production step that uses these bags use 35 bags per day while the usage is 16 bags per day. It costs $12.00 to configure the machines for each run. Annual carrying costs are $7.50 per bag. What will be their average number of bags on hand if they request the EPQ bags in each order

Answers

Answer:

48.87 bags

Explanation:

First, we need to calculate the EPQ as follow

EPQ = [tex]\sqrt{\frac{2 D S }{H(1-d/p)}}[/tex]

Where

D = Annual Demand = 5500

S = Setup cost = $12

H = Carrying cost = $7.5

d = Daily usage = 16

p = Daily production = 35

Placing value sinthe formula

EPQ = [tex]\sqrt{\frac{2 X 5500 X 12 }{7.5(1-16/35)}}[/tex]

EPQ = [tex]\sqrt{\frac{132000 }{4.07142857}}[/tex]

EPQ = [tex]\sqrt{32421.05}[/tex]

EPQ = 180.06

Now Calculate the average number of bags in hand as follow

Average Number of Bags = [tex]\frac{EPQ}{2} X ( 1 - d/p )\\[/tex]

Placing values in the formula

Average Number of Bags = [tex]\frac{180.06}{2} X ( 1 - 16/35 )\\[/tex]

Average Number of Bags = 48.87

1. Managerial Internal (Inside) accounting information reports are generally prepared for A) Stockholders or Shareholders B) Creditors, Lenders, or Banks C) Managers. D) Regulatory Agencies, like the IRS or SEC

Answers

Answer:

C) Managers

Explanation:

Managerial accounting is the accounting that concern with the information received via financial accounting inside the organization. The accouting reports that could be applied for planning, decision making and measuring the performance of the company

So if the managerial accounting information reports are prepared internally so it is for the managers to analyze the overall performance of the organization

Hence, the option c is correct

Long-term disability insurance _____. a. pays for temporary living expenses and moving expenses incurred by disabled employees b. pays a flat fee for a fixed number of hours of legal assistance each month for disabled employees c. provides continuing income protection for employees who become disabled and are unable to work

Answers

Answer: c. provides continuing income protection for employees who become disabled and are unable to work

Explanation:

Disability insurance is very helpful to people who get injured on the job and so are unable to work. The insurance would provide them with an income for a time so that they do not become destitute.

There are different types of disability insurance with varying lengths and long-term disability insurance is one of them. This one provides income protection for a longer time period and is very useful when the injury in question is quite serious or permanently disables the affected person.

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return 12% Return on investment (ROI) 15% Sales $ 900,000 Turnover (on operating assets) 3 times What was the Legume Division's net operating income last year

Answers

Answer: $45000

Explanation:

Firstly, the operating asset will be calculated which will be:

Operating asset = Sales / Turnover

= 900,000/3

Operating assets = $300,000

Then, the net operating income will be: Return on investment × Operating assets

Net operating income = 300,000 × 15%

= 300,000*0.15

= $45,000

Therefore, Legume Division's net operating income last year is $45000

The purpose of an analysis of an account is to illustrate - in the account for the period under audit

Answers

Answer:

all changes

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

The purpose of an analysis of an account is to illustrate all changes in the account for the period under audit. Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

There are two (2) main types of financial analysis;

I. Vertical analysis.

II. Horizontal analysis.

In Financial accounting, Horizontal analysis can be defined as an analysis and evaluation of a financial statement which illustrates or gives information about changes in the amount of corresponding financial statement items, benchmarks or financial ratio over a specific period of time. It is one of the most important technique that is used to measure how a business is doing financially. Hence, it is also referred to as the trend analysis.

Under the horizontal analysis of financial statement, we use the financial statements of two or more periods; earliest and latter periods.

Generally, the earliest is chosen as the base period while all other items on the statement for a latter period will be compared with the items on the statement of the base period.

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $100, holding cost is $24 per unit per year, the daily demand rate is 20 and the daily production rate is 100. What is the production order quantity for this problem

Answers

Answer:

Explanation:

Calculation to determine the production order quantity for this problem

Sqrt [ (2*3650*100)/ (24*(1-20/100)) ] = 500

Sqrt [ (2*50000*20)/ (10*(1-20/100)) ] = 500

=√200,000/(10*0.8)

=200,000/8

=250000

b) Assume you are a brand manager of a clothing brand that offers formal clothing for
gents in mid-tier market segment. The brand is constantly experiencing low sales
for last six months. Being the brand manager you are given a task of carrying out
the research to identify the problem.

Answers

Answer:

Fashion industry is very dynamic. The reason for low sales is due to change is customer preference for certain type of clothing.

Explanation:

As a brand manager, we need to understand markets trends and then analyse sales. The main reason for constant low sales is mainly due to change in fashion sense of customer. There can be some seasonal effect which cause decline in sales. Normally gents wear t.shirts and formal shirts because they are office going people. They will require formal suiting which will make them feel gentlemen and decent clothing. They will require consistent quality products and if there is any issue with the cloth stuff, they will move to another brand.

If the price of a haircut is $15, the number of haircuts provided is 100. If the price rises to $30 per haircut, barbers will work much longer hours, and the supply of haircuts will increase to 300.
Instructions: Round your answers to two decimal places.
The price elasticity of supply for haircuts between $15 and $30 using the mid-point method is:________.

Answers

Answer:

1.5

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = midpoint change in quantity supplied / midpoint change in price  

Midpoint change in quantity supplied = change in quantity supplied / average of both supply

change in quantity supplied = 300 - 100 = 200

average of both supply = (300 + 100) / 2 = 200

200 / 200 = 1

midpoint change in price = change in price / average of both price

change in price = $30 - $15 = $15

average of both price = ($30 + $15) / 2 = $22.50

15 / 22.5 = 0.67

1 / 0.67 = 1.5

If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.  

explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and triple bottom line​

Answers

When people loot shops it shows that they are irresponsible and it goes on to destroy the image of the society they live, destroys a business by taking away their means of making profit.

Social responsibility can be described as the civic and ethical duties that citizens of a country owe to the nation they live.

The three bottom principle has the profit, people and the planet. The looting of shops draws a line between consumers relationships and their social responsibility.

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If you are interested in working for a specific company, what type of job site should you look at for opening?
a. Geographic specific site
b. Industry specific site
C. Company site
d. General job site
Please select the best answer from the choices provided
A
B
0 0 0 0
C
D
Save and Exit
Next
Submit
retum

Answers

Answer:

c

Explanation:

if you got to the company site and go under careers, it will show you the jobs with descriptions they have available

You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in dividends and $32 from the sale of the stock at the end of the year. The maximum price you would pay for the stock today is _____ if you wanted to earn at least a 10% return. A. $30.23 B. $24.11 C. $26.52 D. $27.50 E. None of the options are correct.

Answers

The answer is A ! Hopefully this help!

When the value of a currency A reduces as a result of an increase in the value of another currency B, then currency A would be said to have Select one O a, Arranged b. Depreciated OC Devalued O d. Denominated​

Answers

the answer is not here the answer is deficit but I will pick depreciated

The first step in creating your personal marketing plan is to conduct a career audit.
Apply the "Evaluate your abilities" step in career audit on yourself including your work (if working), a
specific project you did, your academic progress or any major event(s) on your career path.

Answers

Answer:Personal marketing plan 1. Outline your distinctive price proposition. In selling, a press release that addresses distinctive variations between like product is thought as a “value proposition”. Triple-crown sales individuals knowledge to elucidate w

Explanation:

Articles of the code of ethics are broad statements of ethical principles and the standards of practice support, interpret and amplify the respective articles

Answers

Answer: True

Explanation:

The Code of Ethics is the detailed document where the professional responsibilities of every professional is written. It should be noted that the Code of Ethics is made up of seventeen Articles and their related Standards of Practice.

The Articles of the code of ethics are broad statements of ethical principles while the standards of practice support, interpret and amplify the respective articles. Therefore, the Statement is true.

The statement given in the query holds true and the code of ethics are a set code of instructions that are to be followed by the business professionals in the manner as prescribed.

The code of ethics are a set manner of instructions that are like a law book to be followed by the different kinds of businessmen and professionals of their field.

Code of ethics are given by the respective authoritative institutes of which such businessmen or professionals are the members. it implies the way in which the practice can be done.

Code of ethics contain respective articles for communication, outfit and attire, verbal and written communication and all such other fields which contribute to the maintained decency in the professional conduct.

They are generally different for professionals of different streams. Like they are different for superiors and subordinates of the same organization as well given their subjective roles.

Hence, the statement given about the code of ethics above holds true that they must be followed and acted accordingly and implied at each stage of practice.

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Administrative:

A client named Sarah sent you an email regarding an error on
their invoice. You are not sure what went wrong, but you have to respond. What
would you say? *

Your answer

Answers

Answer:

Can you say what is the error

hope that helps you

please mark brainliest

please follow

Oriental Foods Inc. is a multinational food and beverage company. Its product labels focus on being foods that are easy to make in 5 minutes or less for a complete meal that's great for lunch or a snack. In this case, Oriental Foods is using _______.

Answers

Answer:

Persuasive labelling

Explanation:

Persuasive labelling is a type of product packaging or appearance that focuses on a promotional theme.

The aim is to increase consumer loyalty and ultimately increase sales.

I'm the given scenario Oriental Foods Inc. uses product labels that informs consumers that the foods are easy to make in 5 minutes or less for a complete meal that's great for lunch or a snack.

This is persuasive labelling

Match each example to the appropriate term.

a. Trees used to make paper
1. Human capital
2. Technological knowledge
3. Physical capital

b. A printing press used to make books.
1. Human capital
2. Technological knowledge
3. Physical capital

c. A method of organizing workers to increase production per hour.
1. Human capital
2. Technological knowledge
3. Physical capital

d. The skills workers learn during a training session.
1. Human capital
2. Technological knowledge
3. Physical capital

Answers

Answer:

a equals 3

b equals 3

c equals 1

d equals 2

Fruit Car Company manufactures 10 fruit themed cars per month. A compact media center is included in each car. Fruit Car Company manufactures the media center in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $275, and the fixed costs are $39,000 per month. The CEO, wishes to increase operating income by $5000. He has an offer from a foreign producer to provide the media centers at a contract cost of $325 per unit. The required savings in fixed costs in order to achieve his objective would be ________.
a. 52800.
b. $200.
c. 51200.
d. $1000.

Answers

The answer for this isss c

What are products that consumers had not planned to buy but are persuaded to buy at the very last minute to pick up and put in
their trolley or basket.
A
Staple products
B
o
Impulse products
С
Emergency products
D
0
Specialty

Answers

Answer:

A new coffee shop is being built. Its location is the reflection of the arcade's coordinates across

the y-axis. Which procedure will find the correct distance between the arcade and the new coffee shop

The products that consumers had not planned to buy but are persuaded to buy at the very last minute to pick up and put in are called Impulse products. Therefore, option B is correct.

What are the Impulse products?

The term "Impulse products" generally refers to consumer products that are purchased on a whim, often at the point of sale, without much prior planning or consideration. These products are typically low-cost, easily consumable, and marketed in a way that appeals to consumers' emotions or desires in the moment.

Examples of Impulse products can include candy, gum, magazines, small accessories, and other items that are often found near the cash register in stores. These products are often placed in prominent displays or packaging designed to catch the shopper's eye and generate an impulse purchase.

In addition to traditional retail settings, Impulse products can also be sold online or through mobile apps, where they may be advertised as "flash sales," limited-time offers, or one-time deals that create a sense of urgency and encourage immediate action.

Overall, Impulse products can be a lucrative sales category for retailers, as they capitalize on the emotional and spontaneous nature of consumer behavior.

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Paris Summer 20 Company sells small laptops. Based on the information below, calculate the Break even point in sales dollars for the year.

Selling price per unit $150
Variable cost per unit $60
Fixed Costs per year $21,000

Answers

Answer:

boijfadjjjawiodjAIOWjiJAWOIjoiaesjoisejoijeicjjls

Explanation:

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $136,400 and expected direct labor hours of 12,400 for the current fiscal year. If Job 117 incurs 1,110 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$12,210 b.$136,400 c.$68,200 d.$1,110

Answers

Jdhdhdhdjsuushdbdbdbudufjrjifufjfjfkfkfkididududjejdjdjfkkfjfjrufifiir

Shanghai Company sells glasses, fine china, and everyday dinnerware. It uses activity-based costing to determine the cost of the shipping and handling activity. The shipping and handling activity has an activity rate of $8 per pound. A box of glasses weighs 2 pounds, a box of fine china weighs 4 pounds, and a box of everyday dinnerware weighs 6 pounds. Round answers to the nearest whole dollar.
a. Determine the shipping and handling activity for each product.
Glasses $
China $
Everyday dinnerware $
b. Determine the total shipping and receiving costs for the china if 3,500 boxes are shipped.
$

Answers

Answer and Explanation:

The computation is shown below:

a. For shipping and handling activity for each product is

For Glasses

= $8 × 2

= $12

For China

= $8 × 4

= $32

And, for Everyday dinner ware

= $8 × 6

= $48

b. the total shipping and receiving costs for the china is

= 3,500 × $32

= $112,000

Hence, in this way the parts could be determined

The records of Pippins, Inc., included the following information: Net sales $ 1,000,000 Gross margin 475,000 Interest expense 50,000 Income tax expense 80,000 Net income 240,000 Compute the times interest earned ratio, rounded to the nearest decimal.

Answers

Answer:

the times interest earned ratio is 7.4 times

Explanation:

The computation of the times interest earned ratio is given below/;

Times interest earned ratio is

= EBIT ÷ interest expense

where

EBIT = Net Income + Interest Expense + Income tax Expense

= 240,000 + 50,000 + 80,000

= 370,000

Now the times interest earned ratio is

= $370,000 ÷ $50,000

= 7.4 times

Hence, the times interest earned ratio is 7.4 times

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30.

Required:
Write down journal entry.

Answers

Answer: please see explanation column for answers.

Explanation:

The journal entry is as follows:

To record the bonds payable and retirement

Date                   Account titles and explanation    Debit           Credit

Sept 30,       Bonds payable                            $1,000,000

Loss on bonds retirement                              $20,000

             To Discount on bond                                                   $10,000

                To cash                                                                      $1,010,000

Calculation:

Loss on bonds retirement:Total Cash disbursements - carrying value  

= (par value of the bonds+ call premium) -carrying value

= ($1,000,000 + $10,000) - $990,000

= $1,010,000 - $990,000

= $20,000

Chad is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Chad favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario

Answers

Answer:

a. The self-driving vehicle industry is changing too much for the top- down approach to be effective.

Explanation:

The top-down strategic planning approach involves the company goals and their subdivisions. The aim is to gradually move from the top to down in a specific hierarchy. This approach lies on higher authority and in contrast the bottom-up strategy favors decision making that gives complete staff a voice.

At the end of 2010 Jarrett Corp. developed the following forecasts of net income:

Year Forecasted Net Income
2011 $20,856
2012 $22,733
2013 $24,552
2014 $27,252
2015 $29,978

Management believes that after 2015 Jarrett will grow at a rate of 7% each year. Total common shareholders' equity was $112,768 on December 31, 2010. Jarrett has not established a dividend and does not plan to paying dividends during 2011 to 2015. Its cost of equity capital is 12%.

Required:
Compute the value of Jarrett Corp. on January 1, 2011, using the residual income valuation model.

Answers

Answer:

$83,057.11  

Explanation:

The value of the company is the present value of its residual income where the residual income is the net income in each year minus the implicit cost of capital

residual income=net income-(cost of equity capital*beginning shareholders' equity)

2011:

residual income=$20,856-( $112,768*12%)

residual income=$7323.84

stockholders' equity at the end of 2011=$112,768+$20,856=$133,624  

2012

residual income=$22733-( $133624 *12%)

residual income=$6,698.12  

stockholders' equity at the end of 2012=$133,624+$22733=$156,357  

2013:

residual income=$24552-(12%*$156357)

residual income=$5,789.16  

stockholders' equity at the end of 2013=$156,357+$24552=$180,909

2014;

residual income= $27252-(12%*$180909)

residual income=$5,542.92

stockholders' equity at the end of 2014=$180,909+$27252=$208,161

2015:

residual income=$29,978-(12%*$208161)

residual income=$4,998.68  

Terminal value of residual income=2015 residual income*(1+terminal growth rate)/(cost of equity-terminal growth rate)

Terminal value of residual income=$4,998.68*(1+7%)/(12%-7%)=$106,971.75  

value of the company=$7323.84/(1+12%)^1+$6,698.12/(1+12%)^2+$5,789.16 /(1+12%)^3+$5,542.92/(1+12%)^4+$4,998.68/(1+12%)^5+$106,971.75/(1+12%)^5

value of the company=$83,057.11

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