Question

The president of southern semi conductor corporation made the statement and the companies annual report see primary goal is to increase the value of our common stockholders equity later in the port the following announcements were made the company contributed 1.5 million to the symphony orchestra in Birmingham Alabama it’s headquarter city the company is spending 500 million to open a new plant and asked me an operations in China. The profits will be produced by Chinese operations for four years so earnings will be depressed during this period versus what they would have been had the decision been made not to expand in China the company holds about half of his assets in the form of US treasury bonds and it keeps these funds available for use in emergencies

Answer 1