A proxy is best described as:
a. an elaborate audited report b. a registration statement
c. permission by a stockholder to someone else to vote their shares a certain way
d. permission for a stockholder to file a proposal with the board at the annual meeting e. none of the other choices
c
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If a company retires preferred stock, ________.
A) total stockholders' equity will decrease B) total stockholders' equity will increase C) the company can record a gain or loss on retirement of stock D) the number of outstanding shares will increase
The segment margin of a profit or investment center does not include allocated common costs
Indicate whether the statement is true or false
If an investor-owned hospital receives donations whose use is restricted, the cash must be reported as a restricted item on the balance sheet in the equity section.
Answer the following statement true (T) or false (F)
Joe's Camera shop has a favorite model that has annual sales of 145. The cost to place an order to replenish inventory is $25 per order, and annual inventory holding cost per unit is $20. Assume the store is open 350 days per year
a. What is the optimal order size? b. What is the optimal number of orders per year? c. What is the optimal number of days between orders? d. What is the annual holding and setup cost?