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frosja888
4 days ago
9

True or False: To segment the rights to which certain common shareholders are entitled, companies often separate common equity i

nto more than one class of shares called classified stock.
Business
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Old Man Smith died owning a property with an estimated value of $500,000. He never married and died without leaving a will. Smit
Scilla [3833]

Response:

The property will go to the nearest direct heir, which is his sister. This is because property is typically divided among siblings. Therefore, since Smith's sister qualifies as one of the siblings, she is entitled to inherit the property.

Clarification:

7 0
3 months ago
Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? Assume there
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Answer:

I'm not entirely sure, maybe ccccccc, but what’s your take on this?

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1 month ago
A company has only two divisions: division a and division
stepan [3596]

Solution – Division A

Explanation:

Last year's data shows that Division A contributed 60% of total revenue.

Let total revenue for the company last year be x.

Therefore, Division A earned 0.6x.

Similarly, Division B generated 40% of total revenue last year.

This means Division B’s income was 0.4x.

For the current year, Division A’s earnings have dropped by 35%.

Since last year was 0.6x, the amount lost is 35% of 0.6x.

So this year’s revenue: 0.6x - 0.35(0.6x) = (1 - 0.35) * 0.6x = 0.65 * 0.6x = 0.39x.

Division B’s revenue declined by 5% this year.

Last year’s revenue was 0.4x, so this year it is 0.4x - 0.05(0.4x) = 0.95 * 0.4x = 0.38x.

Comparing both, Division A’s revenue (0.39x) exceeds Division B’s (0.38x) this year.

4 0
3 months ago
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