Presented Below Are the Comparative Balance Sheets of Big Apple

question 3

Essay

Presented below are the comparative balance sheets of Big Apple, Inc., at December 31, 2014, and 2013. Sales for the year ended December 31, 2014, totaled $890,000. Required:
A) Calculate ROI for 2014.
B) Calculate ROE for 2014.
C) Calculate working capital at December 31, 2014.
D) Calculate the current ratio at December 31, 2014.
E) Calculate the acid-test ratio at December 31, 2014.

• A) Calculate ROI for 2014.
• B) Calculate ROE for 2014.
• C) Calculate working capital at December 31, 2014.
• D) Calculate the current ratio at December 31, 2014.
• E) Calculate the acid-test ratio at December 31, 2014.

Comprehend the role of the board of directors in decisions about dividends and the election of directors.

Describe the concept of derivative actions and the scenarios in which they might be appropriate.

Understand shareholder rights, including preemptive and dissenters' rights, under the Model Business Corporation Act.

Identify the processes and approvals required for corporate actions like mergers, share repurchases, and dissolution.

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Definitions:

Structural Therapist

A mental health professional specialized in structural family therapy, working to identify and alter dysfunctional family structures and dynamics.

Therapeutic System

A coordinated method or approach to healing or treatment, which might include principles, practices, and modalities aimed at facilitating psychological wellness.

Subsystem Boundaries

The conceptual limits that define subsystems within a larger system, particularly in the context of family therapy, determining levels of autonomy and dependence.

Structural Theory

A theory in psychology that understands the mind's structure through analyzing its components and the relationships between them, often linked with Freud's theories.