The board of directions of a corporation: group of answer choices are elected by the corporate registrar. may not also be executive officers of the corporation, due to the separate entity principle. are responsible for and have final authority for managing corporate activities. are responsible for day-to-day operations of the business

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is