The board of directors is interested in investing in a new technology. Appropriating existing retained earnings is
Question:
The board of directors is interested in investing in a new technology. Appropriating existing retained earnings is a choice for funding the new technology. You are a consultant to the board. How would you explain this option to the board members so that they could make an educated decision?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (8 reviews)
I would explain by using an example of how retained earni...View the full answer
Answered By
Brian Otieno
I'm Brian , an experienced professional freelancer with countless hours of success in freelancing many subjects in different disciplines. Specifically, I have handled many subjects and excelled in many disciplines. I have worked on many Computer Science projects and have been able to achieve a lot in that field. Additionally, I have handled other disciplines like History, Humanities, Social Sciences, Political science, Health care and life science, and Religion / Theology. My experience generally in these subjects has made me able to deliver high-quality projects in a very timely fashion. I am very reliable at my job and will get the work done in time, no matter what. In Addition, I have managed to ensure that the work meets my client's expectations and does not cause an error. I am a hard-working and diligent person who is highly responsible for everything I do. Generally, Freelancing has made me more accountable for doing my job. Additionally, I have had a passion for writing for the last seven years in this field.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
The board of directors is considering either a stock split or a stock dividend. They understand that total stockholders equity will remain the same under either action. However, they are not sure of...
-
Members of the board of directors of Safe Zone have received the following operating income data for the year ended May 31, 2012: Members of the board are surprised that the industrial systems...
-
Members of the board of directors of Control One have received the following operating income data for the year ended March 31, 2012: Members of the board are surprised that the industrial systems...
-
If a particular glucose fermentation process is 87.0% efficient, how many grams of glucose would be required for the production of 51.0 g of ethyl alcohol (C 2 H 5 OH)? C 6 H 12 O 6 2C 2 H 5 OH +...
-
Scott and Dave each invested $100,000 cash when they formed the SD Partnership and became equal partners. They agreed that the partnership would pay each partner a 5% guaranteed payment on his...
-
You are considering a project that has an initial outlay of $1 million. The profitability index of the project is 2.24. What is the NPV of the project?
-
Football and Brain Size A recent study examined the relationship of football and concussions on hippocampus volume in the brain. The study included three groups with $n=25$ in each group: heathy...
-
Hathaway Manufacturing issues long-term debt on January 1, 2011. The debt has a face value of $300,000 and an annual stated interest rate of 10 percent. The debt matures on January 1, 2016. (a)...
-
What has happened if the selling price has increased but the gross profit percentage remains the same?
-
Refer to Figure 2-30 and the discussion about updating master files from transaction files. The discussion presents the record structures for a sales transaction. Prepare a diagram (similar to Figure...
-
Nutritious Pet Food Companys board of directors declares a cash dividend of $1.00 per common share on November 12. On this date, the company has issued 12,000 shares but 2,000 shares are held as...
-
This chapter explained two methods to evaluate investments using recovery time, the payback period and break-even time (BET). Refer to QS 25-14 and (1) compute the recovery time for both the payback...
-
Describe how weighting functions can be used to improve the resolution in a spectrum. In practice, what sets the limit on the improvement that can be obtained? Will zero filling improve the...
-
What is the best way for an organization to issue an apology? Public speech? Tweet? Press conference? How can an organization appear authentic while also addressing CRR?
-
Update the chapter to identify other NBA teams that have faced similar racial incidents. Given the context of each situation, including the political and demographics of the home state, prescribe a...
-
Should the NFL have seen this coming? That is, should they have foreseen the practice of racial norming as being a problematic outcome of the concussion settlement or was it an unintended...
-
Touitou (2020) suggests that researchers look at communication, conflict and crisis management with a view to reducing or resolving conflicts and crises through effective and efficient communication....
-
If you were the public relations professional for an NFL team searching for aa head coach, how would you address questions about the NFLs policy of race-norming players and how that might impact the...
-
Write the structure for a. 3-hydroxyhexanoic acid b. 2-iodo-2-methyloctanoic acid c. 2-butynoic acid d. 5-ethyl-6-oxoheptanoic acid
-
Suppose that you are part of a virtual team and must persuade other team members on an important matter (such as switching suppliers or altering the project deadline). Assuming that you cannot visit...
-
Delta Corporation made an S election on January 1 of the current year. Delta had been a C corporation since its inception in 2001. The corporation has the following operating results during the...
-
Charles is a 60% partner in CD Partnership, a calendar year partnership. For 2016, Charles received a Schedule K-1 that reported his share of partnership items as follows: Partnership ordinary...
-
Joann and Bob, both single taxpayers in their mid-40s, own an employment business. The firm finds temporary employment for students in the college town of Gainesville, Florida. They have operated the...
-
2. What are the over-arching objectives of the budgeting process at Codman and Shurtleff
-
Date Accounts Debit Credit 30-Jun Service Revenue 5,525.00 5,525.00 Close revenues 30-Jun Rent Expense 1,195.00 Business License Expense 250.00 Telephone Expense 155.00 Repairs and Maintenance...
-
ABC Company is experiencing financial difficulties due to a down economy. As a result, XYZ Bank requested that ABC Company pledge additional collateral to secure a line of credit necessary to fund...
Study smarter with the SolutionInn App