Answer:
Not build the fence
Explanation:
If Will decides to build the fence, then Grace will earn a higher payoff by not helping to build the fence, and if Will decides to not build the fence, then Grace will earn a higher payoff by also not building the fence.
Equilibrium = No fence
Final answer:
Will's dominant strategy is not to build the fence.
Explanation:
In this game, Will and Grace have two strategies: either build the fence or not build the fence. Will's dominant strategy is to not build the fence. This is because if he chooses to build the fence, he would have to pay $150 (half of the total cost) and his payoff would be -$100 (his valuation of the fence is -$250).
On the other hand, if he chooses not to build the fence, he would have a payoff of $0 (his valuation of the fence is $0). Grace will receive a larger payout if Will chooses to build the fence rather than assist with its construction, and she will receive a bigger payout if Will chooses not to build the barrier. Therefore, his dominant strategy is to not build the fence.
Which of the following is defined as a contract which prescribes the technical support or business parameters that a provider will bestow to its client?
1. Final audit report
2. Mutual aid agreement
3. Service level agreement
4. Certificate practice statement
Answer:
Service level agreement.
Explanation:
Service level agreement is a contract between a service provider and a client. Agreement is made on the quality and availability. What is expected by the client should be rendered as it is agreed upon on the contract.
A sales manager at SFB Industries would like to import leads from a recent event. To ensure efficiency, she would like these to be automatically assigned to the relevant sales rep based on the state field. How can you set this up?
Answer:
3) Create a lead assignment rule
Explanation:
Salesforce uses lead assignment rules to define which sales rep is responsible for generating and supporting a sales lead (potential sale). Each organization is responsible for setting up the specific criteria used to assign sales leads. By using assignment rules this process can be automated.
For example, your lead assignment rule may be based on territory or sales status.
An investor believes that interest rates will be flat or falling into the future; and that prices may deflate. The MOST appropriate investment is:________A. Long term U.S. Government bondsB. Real estateC. GoldD. Large Capitalization stocks
Answer:
A. Long term U.S. Government bonds
Explanation:
A. Long term U.S. Government bonds
For this case that's the best option since by a general rule when we have a deflation the interest rates tend to decrease. Usually the long term investments have fixed rates and fixed payments that can be accumulated over the time.
B. Real estate
Not a good option since when we have deflation the real state prices tend to decrease as the good and services in order to mantain the sales.
C. Gold
No possible when we have deflation all the prices of good and services tend to decrease and the gold is an example of this. So is not a good option to invest.
D. Large Capitalization stocks
When we have stocks and we have a deflation we will have a depreciation of the stocks since the companies due to the deflation need to cut the prices to mantain the sales and make profits. So this one is not a good option for this case.
Falls River Bank receives a check drawn on the account of Get-Rich Industries, Inc., one of the bank’s customers, at 3 p.m. Friday. Hildy, the presenter of the check, is not one of the bank’s customers. The bank uses deferred posting with a 2 p.m. cutoff hour. If it decides to dishonor the check, it must do so by midnight:____________
Answer:
Tuesday
Explanation:
In order for a bank to pay a check, it must be passed on before receipt. Since Falls River Bank uses deferred posting, and the check was presented after the cutoff hour, it will be considered received the next business day. in this case the next business day is Monday. Then the bank has two business days to return a check.
If the bank is not going to pay the check and return it, it must do it before Tuesday at midnight.
1. Do you see Sony as an innovator in its industries of electronics, semiconductors, computers, video games, and telecommunications equipment? Why or why not?
2. Sony has a vision of "using our unlimited passion for technology, content and services to deliver groundbreaking new excitement and entertainment." The mission is even clearer. Sony is "a company that inspires and fulfills your curiosity." Does Sony inspire and fulfill your curiosity? Why or why not? Explain.
Answer: Question 1: I do see Sony as an innovator in its industries of electronics, semiconductors, computers, video games, and telecommunications because they have created several products in all of these industries.
Question 2: Sony is a company that inspires and fulfills my curiosity because they have made significant leeway in the world of technology and have created amazing and useful technical products.
Hope this helps! :)
Explanation:
Sony is an innovator in its technology sectors because it is always developing new products and adding new features to them.
Through innovation, Sony achieves the goal of attracting and retaining its consumers, through products and services aligned with the highest technological standards.
An example that Sony has innovation as one of its main missions, is its Playstation video game, which is the best-selling console in the world, and always updates itself to models with more functionality and cutting-edge technology.
Therefore, innovation is a competitive differential for the Sony company, which keeps it as the sales leader in its products and makes it more valued by consumers and consequently more profitable.
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https://brainly.com/question/1008019
8 fuel efficiency of prius: fueleconomy.gov, the official us government source for fuel economy information, allows users to share gas mileage information on their vehicles. the histogram below shows the distribution of gas mileage in miles per gallon (mpg) from 14 users who drive a 2012 toyota prius. the sample mean is 53.3 mpg and the sample standard deviation is 5.2 mpg. (note that these data are user estimates and since the source data cannot be verified, the accuracy of these estimates is not guaranteed.) use your ti calculator.
Answer:
a) We assume that the plot is given on the figure attached. The total sample size is 1+2+7+2+2= 14 and for this case we can conduct a test since we assume normality and we can use the t distribution in order to work with a sample size less than 30.
b) [tex]p_v =2*P(t_{(13)}>2.375)=0.0336[/tex]
If we compare the p value and the significance level assumed [tex]\alpha=0.01[/tex] we see that [tex]p_v>\alpha[/tex] so we can conclude that we have enough evidence to fail reject the null hypothesis, so we can't conclude that the height of men actually its significant different from 50 at 1% of signficance.
c) The 95% confidence interval would be given by (50.298;56.302)
Explanation:
(a) We would like to use these data to evaluate the average gas mileage of all 2012 Prius drivers. Do you think this is reasonable? Why or why not?
We assume that the plot is given on the figure attached. The total sample size is 1+2+7+2+2= 14 and for this case we can conduct a test since we assume normality and we can use the t distribution in order to work with a sample size less than 30.
(b) The EPA claims that a 2012 Prius gets 50 MPG (city and highway mileage combined). Do these data provide strong evidence against this estimate for drivers who participate on fueleconomy.gov? Note any assumptions you must make as you proceed with the test.
Data given and notation
[tex]\bar X=53.3[/tex] represent the sample mean
[tex]s=5.2[/tex] represent the sample standard deviation
[tex]n=14[/tex] sample size
[tex]\mu_o =50[/tex] represent the value that we want to test
[tex]\alpha[/tex] represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
[tex]p_v[/tex] represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the mean is actually 50 or different, the system of hypothesis would be:
Null hypothesis:[tex]\mu = 50[/tex]
Alternative hypothesis:[tex]\mu \neq 50[/tex]
If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
[tex]t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}[/tex] (1)
t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
[tex]t=\frac{53.3-50}{\frac{5.2}{\sqrt{14}}}=2.375[/tex]
P-value
The first step is calculate the degrees of freedom, on this case:
[tex]df=n-1=14-1=13[/tex]
Since is a one side test the p value would be:
[tex]p_v =2*P(t_{(13)}>2.375)=0.0336[/tex]
Conclusion
If we compare the p value and the significance level assumed [tex]\alpha=0.01[/tex] we see that [tex]p_v>\alpha[/tex] so we can conclude that we have enough evidence to fail reject the null hypothesis, so we can't conclude that the height of men actually its significant different from 50 at 1% of signficance.
(c) Calculate a 95% confidence interval for the average gas mileage of a 2012 Prius by drivers who participate on fueleconomy.gov.
The confidence interval for the mean is given by the following formula:
[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
In order to calculate the mean and the sample deviation we can use the following formulas:
In order to calculate the critical value [tex]t_{\alpha/2}[/tex] we need to find first the degrees of freedom, given by:
[tex]df=n-1=14-1=13[/tex]
Since the Confidence is 0.95 or 95%, the value of [tex]\alpha=0.05[/tex] and [tex]\alpha/2 =0.025[/tex], and we can use excel, a calculator or a tabel to find the critical value. The excel command would be: "=-T.INV(0.025,13)".And we see that [tex]t_{\alpha/2}=2.16[/tex]
Now we have everything in order to replace into formula (1):
[tex]53.3-2.16\frac{5.2}{\sqrt{14}}=50.298[/tex]
[tex]53.3+2.16\frac{5.2}{\sqrt{14}}=56.302[/tex]
So on this case the 95% confidence interval would be given by (50.298;56.302)
Given the provided user-estimated data of gas mileage for a 2012 Toyota Prius, you could use your TI calculator to perform various statistical calculations. This could involve deriving a z-score or a t-score and comparing it to a critical value from the respective distribution. Note that the accuracy of your results will be dependent on the reliability of the user-reported data.
Explanation:The task asked in the question requires you to use the data supplied, along with your TI calculator, to perform statistical computations associated with the fuel economy or miles per gallon (mpg) of a 2012 Toyota Prius. This could involve computing a confidence interval, performing a hypothesis test, or calculating other statistics such as the median or mode. For instance, you might be asked to confirm if the sample mean of 53.3 mpg could have arisen by chance given the user-reported data. This would involve calculating a z-score or a t-score (depending on the size of your sample and whether you know the population standard deviation) and comparing it to a critical value from the z-distribution or t-distribution respectively.
It is important to note that your calculation results would only be as accurate as the user-reported data permits: inaccuracies or inconsistencies in the reported mpg values could affect the results of your analysis.
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Key considerations involved in planning and conducting multinational operations are affected by:
Answer:
Values and motives of members of the organization or firm
Explanation:
Planning is the procedure or the process regarding the activities needed to accomplish the desired objective or goals of the firm or business. It is very first and foremost or important activity in order to accomplish the desired results.
The key and main considerations involve in the planning process, while conducting or performing the operations of the multinational are affected through the motives and the values of the organization or firm members.
(Scenario: Sugar Trade in Birdonia) In autarky, suppose that equilibrium sugar price is $100 per ton in Birdonia, a small agricultural nation. Now, suppose Birdonia engages in free trade with the rest of the world. The world price of sugar is $125 per ton. What action must the government of Birdonia take to ensure that Birdonians do not import sugar at the world price of $125?
Final answer:
To prevent imports of sugar at a higher world price, the government of Birdonia may use trade barriers such as tariffs, quotas, or an import ban to protect its domestic market.
Explanation:
To prevent Birdonians from importing sugar at the world price of $125, which is higher than the autarky price of $100, the government of Birdonia could implement trade barriers such as tariffs, quotas, or even an import ban. A tariff would increase the cost of imported sugar, making it more expensive than local sugar, while a quota would limit the amount of sugar that could be imported, thereby limiting the supply and keeping prices at a desirable level. An import ban would disallow the import of sugar outright, ensuring that the domestic market is reliant on locally produced sugar.
Considering the provided reference information, if free international trade between Brazil and the United States takes place, it could lead to an equilibrium in both countries' sugar prices due to the influence of exports and imports. The scenario described involves Brazil potentially exporting sugar to the United States, which could similarly impact the situation in Birdonia if they were to engage in free trade without protections.
Government intervention is sometimes necessary in maintaining the domestic market's stability and can be done through various methods as mentioned, according to the specific needs and policies of the nation.
Time series data gathered monthly for the last 48 months produced the following trend equation: Sales 7380- 33t, where t is the numerical value for the next month. As national sales director you Select one:
a. should congratulate your sales force at the next meeting.
b. expect a raise
c. start looking for a new job.
d. ask for a raise
Answer:
c. start looking for a new job.
Explanation:
c. start looking for a new job.
It is C because with each increasing month the sales revenue would decrease indicating a continuous loss in income. Therefore it is better to look for a new job as the authorities would be firing the sales director who has given a continuous decrease of sales in the past four years (48 months)
The trend equation indicates a negative sales trend, which suggests the sales director should consider strategic actions rather than celebratory or optimistic choices based on the current sales trajectory.
The question pertains to interpreting a trend equation in the context of time series data for sales. Given the trend equation Sales = 7380 - 33t, where 't' stands for the month number, we can deduce that this is a decreasing trend. The coefficient for 't' is negative, which implies that sales are predicted to decrease by 33 units each month. Therefore, options a, b, and d, which suggest celebrating or expecting a raise, may not be appropriate given the decline in sales. Option c, 'start looking for a new job,' could be considered a somewhat pessimistic reaction, but it implies that action may need to be taken due to the negative sales trend.
When analyzing time series data, it is crucial to understand the direction of the trend and the rate of change. A negative trend indicates that sales are going down, which could require strategic interventions to reverse. This understanding allows a national sales director to make informed decisions moving forward.
Maker-Bot Corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. No dividends were declared in the first two years. If the company pays $400,000 of dividends in the third year, how much will common stockholders receive?A. $355,000B. $270,000C. $0D. $130,000E. $140,000
Answer:
D) $130,000
Explanation:
We can compute this by calculating the total dividends payable to preferred stock holders each year.
Dividends payable = 10,000 * 90 * 0.10 = $90,000
Since the shares are cumulative, the total preferred dividend payable at the end of third year is = $90,000 * 3 = $270,000
So common share in dividend = Total paid - Preferred dividend cumulative
Common Dividend share = 400,000 - 270,000 = $130,000
Hope that helps.
Entrepreneurs need to know the basics of accounting even if they hire a professional because _________.A) the entrepreneur will be able to have the same level of expertise
B) they no longer need to pay attention to accounting
C) they will need to understand the financial reports
D) they will need to tell the accountant what information is required.
Answer:
C) they will need to understand the financial reports
Explanation:
Accounting reports communicate business performance in a period. They show the financial strength or weakness of a business. The accounting report indicates whether a company is growing or declining.
An entrepreneur will be at an advantage if they can understand and interpret accounting reports. He or she will tell how the business is faring. The entrepreneur will be in a better position to make decisions if they understand the content of an account
Far Side Corporation is expected to pay the following dividends over the next four years: $11, $8, $5, and $2.
Afterward, the company pledges to maintain a constant growth rate in dividends forever. If the required rate of return on the stock is 12 percent, what is the current share price?
Answer:
Current price of share=40.1
Explanation:
The current value of a share is the present value of future dividends in perpetuity, discounted at the cost of equity (i.e. the return required by the providers of equity capital).
Based on the above discussion the share price shall be calculated as:
Present value of year 1 dividend=11(1+12%)^-1=9.82
Present value of year 2 dividend=8(1+12%)^-2=6.38
Present value of year 1 dividend=5(1+12%)^-3=3.56
Present value of year 1 dividend=2(1+12%)^-4=1.27
Present value of dividend after year 4=(d(1+g)/ke-g)(1+ke)^-4=(2(1+5%)/12%-5%)(1+12%)^-4=19.07
(Assuming that dividend growth rate is 5% after year 4)
Current price of share=40.1
(9.82+6.38+3.56+1.27+19.07)
The 80–20 principle and the concept of the ""heavy half"" are most closely associated with the _________________ method of segmenting and positioning to target markets
The 80-20 principle and the concept of the heavy half are most closely associated with the usage rate method of segmenting and positioning to target markets
Explanation:
In the 80-20 principles the concept is that the eighty percent of the effect are due to the twenty percent of causes and this concept was developed by Pareto and it also states that 20 percent of the activities can also cause to 80 percent of your success
Heavy half concept is also like the 80-20 principle and it states that the that 80 percent of the volume will be consumed by 20 percent of the customers and hence both the principles uses the usage concept
In Year 1, Costello Company performed work for a customer and billed the customer $10,000. In Year 2, the customer pays Costello Company for the services it rendered in Year 1. In Year 1, the company incurred $3,000 of wage expense, but it did not pay the employees until Year 2. If Costello Company uses the cash-basis of accounting, then it will report
Answer:
$7000
Explanation:
Date transaction Amount$
Yr 1. Revenue. 00000
Yr 1. Wages. - 0000
Yr2. Revenue. 10000
Yr2. Wages. 3000
Yr2. Ending bal. 7000
Token Inc.is an envelope manufacturer based in Dallas. The employees of the organization receive incentive pay based on the amount of work produced. If the output of an employee is more than the average production volume, then the organization pays an incentive in addition to wages and salaries. In this case, which of the following incentives is offered by Token Inc.?
A. Piecework rate
B. Minimum wage
C. Employee labor
D. Training stipend
E. Group bonus
Answer:
The correct answer is A
Explanation:
Piece work rate is the system of the pay in which the workers or the employees of the company are paid per unit of the creation or the production.
In short, it means that they are being paid on the per piece or unit is produced by the employee or worker.
So, in this case, Token company pays the employees as per the piece work rate as it is grounded on the amount of the work produced.
The project plan is supported by:
1. The work breakdown structure, the budget, and the work packages.
2. The work breakdown structure, the budget, and the schedule.
3. The work breakdown structure, the work packages, and the schedule.
4. The work breakdown structure, the schedule, and the contingency plan.
Answer:
3. The work breakdown structure, the work packages, the budget and the schedule.
Explanation:
Supporting plans for the Project plan includes:
Resource plansCommunication PlansRisk management plans Quality plansBudget Procurement plans ScopeDelivery scheduleBased on this we can say that option 3 is correct since it includes budget & schedules.
Sally has seen such great interest in her scented candles that she has decided to start her own small business selling them. Sally's company can use the Internet and the World Wide Web to operate globally, helping her get a global business started more easily because she can put products on a website and sell worldwide. So, in a sense, the Internet wipes out the former advantages of distribution and scope that large companies used to have.
A. True
B. False
Answer: True
Explanation:
Sally by taking her business to the internet can now be able to reach a global customer base, therefore this increases her business scope.
This implies she can now reach the same wide range of distribution of customers with a her small business as large companies could, by simply creating a website for her business and placing it on the world wide web.
When an insurer relies on the prior claims history of the group to be insured in determining the rate to be charged, it is called:______
Answer:
experience rating
Explanation:
When an insurer relies on the prior claims history of the group to be insured in determining the rate to be charged, it is called experience rating. Like mentioned in the question this refers to the amount of loss that the insured party would receive in comparison to other similar cases. Which is why prior claims history is investigated when determining the amount.
For an institutional investor to qualify as a "QIB" under Rule 144A, the institution must have at least: A $1,000,000 of assets that it invests on a discretionary basis B $10,000,000 of assets that it invests on a discretionary basis C $100,000,000 of assets that it invests on a discretionary basis D $1,000,000,000 of assets that it invests on a discretionary basis
Answer:
C) $100,000,000 of assets that it invests on a discretionary basis
Explanation:
For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:
manage at least $100 million worth of securitiesthe securities must come from issuers that are not affiliated with the institutional investorIn case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.
sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among co-workers and emphasizes "giving back" through community service in the neighborhood. Based on this information, you would conclude that Sharice is employed
Question: Sharice just accepted a job offer from an intriguing company. It encourages video game play on breaks to build camaraderie among co-workers, happy hours to get to know team members, and emphasizes "giving back" through community service once a month in their neighborhood. Based on this information, and what you know from this chapter, you would conclude that Sharice is employed ___________.
a. at a great workplace
b. at a positive institution
c. in her career
d. at a job
Answer: At a positive institution.
ky wants to buy 3 shirts, which were originally priced $49.96 each. The store will discount the pirce of the third shirt and then apply a 7.1% tax to the total cost of all three shirts. Including the tax, what will be the total cost? Round to the nearest hundredth.
The total cost of three shirts, originally priced at $49.96 each with a third shirt discounted and a 7.1% sales tax applied, is $160.52.
Ky wants to buy 3 shirts, which were originally priced at $49.96 each. The store will discount the price of the third shirt and then apply a 7.1% tax to the total cost of all three shirts. Including the tax, what will be the total cost? Round to the nearest hundredth.
First, calculate the cost of the three shirts without any discounts or tax:
Cost of two shirts: 2 × $49.96 = $99.92
Cost of the discounted third shirt: $49.96 (assuming no discount or specified discount percentage was given)
Total cost before tax: $99.92 + $49.96 = $149.88
Next, calculate the total amount with the 7.1% sales tax:
Total tax: 0.071 × $149.88 ≈ $10.64
Total cost including tax: $149.88 + $10.64 = $160.52
Therefore, the total cost of the shirts including tax is $160.52.
If the economy is in a recession and prices are relatively stable, then the discretionary fiscal policy or policies that would most likely be recommended to correct this macroeconomic problem would be
Answer:
The government can decide to increase their spending in an attempt to boost private consumption and investment, or the government can decide to lower taxes which usually does increase private consumption and investment.
The government can also decide to carry out a combination of both policies, but the problem with that dual approach is that it will increase the government's deficit and national debt.
Demand curves intersect the quantity axis due to ________ and intersect the price axis due to ________.
Answer:
time limitations in limited marginal utility; limited income and wealth
Explanation:
Demand curves intersect the quantity axis due to time limitations in limited marginal utility, which explains the second law of demand – the lower the price, the higher the quantity demanded. While it intersects the price axis due to limited income and wealth, which also explains the second law of demand – the higher the price, the lower the quantity demanded.
The marginal utility of a consumer is limited, because, the more of the goods consumed, the amount of satisfaction derived decreases. Hence, the demand curve intersects the quantity axis, indicating the point when the consumer derives no more satisfaction from the consumption of that good.
On the other hand, as a result of limited income of the consumer, it would come to a point when the consumer will not be able to purchase any quantity of the goods as the price increases. The point at which the demand curve intersects the price axis, indicates he point where the consumer income cannot purchase any quantity of the goods.
Final answer:
Demand curves intersect the quantity axis when the price is zero, suggesting consumers would demand a large quantity, while they intersect the price axis at a very high price indicating a quantity demanded of zero.
Explanation:
Demand curves intersect the quantity axis due to zero price and intersect the price axis due to infinite price.
In the context of a demand curve, intersection with the quantity axis occurs when the price of the good is zero, implying consumers will demand a theoretically infinite quantity, limited only by their consumption capacity or desire. On the other hand, intersection with the price axis happens when the price is so high that the quantity demanded falls to zero, as consumers are not willing or able to purchase the product at such prices.
Together, demand and supply determine the price and the quantity that will be bought and sold in a market. The equilibrium price and quantity are where the demand curve intersects the supply curve.
In our macro Circular Flow, the Businesses are choosing to invest _____________ billion dollars..
Answer:
Total invest in macro circular flow is 3500 billion dollar.
Explanation:
Total invest in macro circular flow is 3500 billion dollar.
circular flow of economics is representation of circle which explain the economy condition of the market. it explain the inflow and outflow in economy. it keeps the record of money outflow and inflow.
It represent the basic relation that exist between the government, manufacturer and households. How money exchange through all these above stages.
What are the approximate dimensions of a township in the rectangular survey system.
Answer:
Six miles by six miles
Explanation:
Survey township, seldom known as Congressional township, essentially been utilized by the US Public Land Survey System, which is nominally by the U.S. review it was been approximately estimated that it is "six miles by six miles" aside. The precincts are referenced by a valuation method that determines the township in association to a chief meridian (north-south) furthermore, the baseline (east-west). The estimated dimensions of a township in the rectangular review system are six miles by six miles.
Money-creating transactions of a bank ( _________________ ) directly impact the money supply..
Answer:
Loans
Explanation:
The money-creating transactions of a bank that directly impact the money supply are loans.
We can illustrate why with this simple example:
Suppose Bank of America gets a deposit of $800 and the reserve requirement is 20%, thus, it will keep $160 in reserve and loan out the remaining $640.
Bank of America Balance Sheet
Assets Liabilities
Reserves $160 Deposits $800
Loans $640
The $640 that is loaned out is money that is in the hands of a person other than the one who deposited the $800 in the first place. In other words it is new money that Bank of America has created when it made the loan.
What is the account that shows the difference between the stock's par value and what new stockholders paid when they bought newly issued shares?
Share Premium Account that shows the difference between the stock's par value and what new stockholders paid when they bought newly issued shares.
Explanation:
Share premium has been the difference between the nominal value of shares of an undertaking and the total number that the undertaking receives for shares issued recently.
For example, Company ABC has released 300 shareholdings.
The stock is given a par value or is worth $10, but $15 is paid out per share.
So the company's debt is $4,500. The share capital is just $3,000 of that $4,500. The leftover $1,500 is an equity premium, which is a reward for partial company ownership for funds raised by shareholders. In the equity premium account, $1,500 is reported on the balance sheet for the corporation.
Silics Inc., a software firm, decided to hire a technical expert. The company conducted an aptitude test followed by structured interviews for candidates. David, an African American, did exceptionally well in all the assessments, but Silics Inc., known for discriminating against African Americans, rejected him. David then filed a case against Silics Inc. on charges of racial discrimination. In the context of affirmative action, the company will most likely be required to:
Answer:
D) pay attorney's fees and court costs for David.
Explanation:
This is something the company would only start with when it comes to affirmative action. It is essential to cover David's court costs, as he is the discriminated party in this case.
Afterward, the company would most probably give David a job offer, reflecting on his exceptional assessment.
Since this is an individual case (only David has sued the company), this will not affect other minorities already working in the company.
A broker allowed her license to expire and renewed it 32 days after the expiration date. What does she need to do to reinstate her license?A. Pay the renewal feeB. Pay the renewal fee, and pay half the renewal fee for it being over 30 daysC. Pay the renewal fee and retake the state examinationD. Pay the renewal fee and take 8 credit hours of continuing education
Answer:
B
Explanation:
she has to do the following to reinstate her license - Makes a proper application within thirty-one days after the date of expiration, by payment of the regular three-year renewal fee.
Chipper's Golf Resort has learned that Rory McIlroy is interested in putting his name on golf course designs; however, in order for any golf course to be acceptable to him, it will cost a minimum of $20 million to build. Chipper's owners want an international presence, and they believe that "just the way golf club companies became publicly traded corporations, it may be time for golf courses to do the same." The plan is to begin to purchase real estate for four new golf resorts. Proceeding with their venture, the owners have calculated that they will need approximately $100 million. But putting together an IPO is another matter. After meeting with their investment banker, they believe that investors will be willing to pay $16/share for the IPO. As the ___________ for this issue, the investment bank requires 3% of the revenues generated by the sale. Chipper's will need to issue _______ shares in order to have the $100 million they need to proceed with their plan.
Answer:
As the underwriter for this issue, the investment bank requires 3% of the revenues generated by the sale. Chipper's will need to issue more than 6,443,299 shares shares in order to have the $100 million they need to proceed with their plan.
Explanation:
Chipper's Golf Resort should sell $103,092,784 worth of stocks in order to get $100 million after they pay the underwriter's fees (= $100 million / 97%). If they plan to sell each stock at $16, then they will need to sell 6,443,299 stocks (= $103,092,784 / $16).