A shareholder derivative suit is a lawsuit by:

a. shareholders on behalf of the corporation.
b. the shareholders directly.
c. the controlling shareholders on behalf of the majority shareholder.
d. the corporation.


a

Business

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The market price per share of Zinc Corporation is $145, and earnings per share is $20. What is the price/earnings ratio of Zinc Corporation?

A. 10.25 B. 7.25 C. 2.25 D. 12.36 E. 15.00

Business

The budget director of Mandy's Kitchen Shop has prepared the following sales budget. The company had $50,000 of accounts receivable at January 1. The company normally collects 100 percent of its accounts receivable in the month following the sale.Required:(a) Complete the schedule of cash receipts by filling in the missing amounts. What are the total budgeted cash receipts for the first quarter.(b) Determine the amount of accounts receivable that Mandy's should report on the first quarter pro forma balance sheet.

What will be an ideal response?

Business

Josiah enjoys his job as a regional sales manager because he has a lot of discretion in how he runs the regional office. No one is looking over his shoulder and making him follow policies and procedures. According to the job characteristics model, Josiah likes the ______ of his job.

A. skill variety B. task significance C. task identity D. autonomy

Business

A(n) ________ contract is a contract that has not been fully performed by either or both sides.

A. formal B. executory C. auction D. implied-in-fact

Business