A proxy authorizes someone else to vote in place of the shareholder

Indicate whether the statement is true or false


True

Business

You might also like to view...

What is the meaning of "short sell"?

a. Buy shares from a brokerage firm and enter into a forward transaction to sell the shares at today's price on a future date. b. Sell the shares at today's price to an investor and enter into an option agreement to buy the shares back in near future. c. Buy shares from one brokerage firm and sell the shares to another brokerage firm with a view to make quick money. d. Borrow shares from a brokerage and sell the shares at today's price with the intention to repay the borrowed stock they sold at some future time when the stock is trading for a lower price.

Business

The histogram is a horizontal bar chart in which the width of the bars represents the relative or cumulative frequency of occurrence of a specific variable

Indicate whether the statement is true or false

Business

Aqua? Primavera, Inc. has provided the following information for the year. What is the unit product cost using variable? costing?

Aqua? Primavera, Inc. has provided the following information for the year.
Units produced
14,000 units
Sales price
$300 per unit
Direct materials
$20 per unit
Direct labor
$30 per unit
Variable manufacturing overhead
$50 per unit
Fixed manufacturing overhead
$470,000 per year
Variable selling and administration costs
$70 per unit
Fixed selling and administration costs
$260,000 per year
What is the unit product cost using variable? costing?
A) $134
B) $100
C) $80
D) $50

Business

Raoul is an illiterate who does not have proper skills for any job. As a result, he is unable to find permanent employment. As a last resort, Raoul starts a diner in his home to earn a regular income for his family. In the given scenario, Raoul most likely started the diner because it offered _____.

A. greater flexibility B. a challenge C. a chance of survival D. independence

Business