Business, 25.11.2021 08:30 zabomoxx5ll
Assume that the question of whether to rebuild the plant in Miami or in China came to a vote by the board of directors. The board voted to move the plant to China. Dawson thought that this was in violation of the duty of care. He was the only director to vote against the move. It turns out that he was correct and the shareholders decide to sue the directors. Which of the following is true?
a. Dawson would be protected from a suit by the shareholders since he voted against the move.
b. Dawson would be protected since the rest of the shareholders voted in favor of the move.
c. The best protection Dawson would have is if he was identified as a dissenting director in the company's minutes.
d. The only protection that Dawson would have is if he had resigned from the board of directors.
Answers: 2
Business, 21.06.2019 19:20
Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes
Answers: 2
Business, 22.06.2019 04:50
Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.
Answers: 1
Business, 22.06.2019 05:30
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
Answers: 2
Business, 22.06.2019 09:30
Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?
Answers: 1
Assume that the question of whether to rebuild the plant in Miami or in China came to a vote by the...
English, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
History, 20.11.2020 06:10
History, 20.11.2020 06:10
History, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
Biology, 20.11.2020 06:10
English, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10
Mathematics, 20.11.2020 06:10