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galina1969 [7]
3 years ago
8

The article mentions that the storm's timing was important. Sandy struck on a Choose one: A. Monday B. Tuesday C. Wednesday D. S

aturday so that workers were out of work for many days. If, instead, the storm had hit the coast on a weekend, people would have missed fewer work days
Business
1 answer:
alex41 [277]3 years ago
8 0

Answer: A. Monday

Explanation:

In the article, <em>Storm keeping Millions From Work May Slow Economic Growth</em> by <em>Jeff Kearns</em>, he notes that the timing of Hurricane Sandy was important because Hurricane Sandy struck on a Monday which is the first day of work in the week for many. As a result they had to miss work for most working days which definitely had an impact on Economic output.

Had the Hurricane struck on the weekend then people would have missed less working days and so the effect on the Economy would have been less.

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Material participation standards for shareholders of Subchapter S corporations, who are individuals, include those who during th
Liono4ka [1.6K]

Answer:

The correct answer is letter "D": participated in business activities for more than 100 hours during the tax year and the participation was not less than the activity of any other individual's during the tax year.

Explanation:

Material Participation Tests are principles the Internal Revenue Service (IRS) considers at the moment of qualifying an individual as being part of an income-producing activity. There are seven (7) tests taken into consideration by the IRS but only one requirement is necessary for qualification. Among them, test three (3) states that <em>an individual qualifies if that person was involved for more than 100 hours and not less than any other individual in the firm</em>.

8 0
3 years ago
Milton Corporation gives the preferred stockholders an annual dividend of $5 per share. Each share of stock sells for $100 and s
LuckyWell [14K]

Answer:

Milton Corporation

The company's cost of preferred stock is:

= 5.2%.

Explanation:

a) Data and Calculations:

Annual dividend per share = $5

Selling price of preferred stock = $100

Flotation cost per share = $3

The Company's cost of preferred stock, using the flotation cost is = Dividend per share/(Selling price - Flotation cost per share)

= $5/($100 - $3)

= $5/$97

= 0.052

= 5.2%

If the flotation cost was not incurred in the current period, the cost of preferred stock will be = $5/$100 = 0.05 = 5%

5 0
3 years ago
A chocolate store that sells hand-painted chocolate charges artificially high prices for its chocolates because customers associ
ella [17]

When the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.

Prestige pricing refers to a pricing strategy where prices are set high because people believed that high product price is related to superior quality.

Example of product where prestige pricing is applied includes luxury phones, watches, perfumes, luxury automobiles etc.

Therefore, when the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.

Learn more about this here

<em>brainly.com/question/15577913</em>

4 0
3 years ago
You are trying to estimate the value of the XYZ Inc. company, as of the end of 2018. The after-tax cashflow from assets (FCFF) f
cricket20 [7]

Answer: $1,849 million.

Explanation:

From the question above, we are given that; The after-tax cashflow from assets (FCFF) for the year ending 2018 = $145 million and the estimated WACC = 10%.

Then, if the Growth rate = 2%, the value of the firm can be calculated as below;

The value of the form can be determined or calculated by using the formula below;

XYZ Inc. company(value of the firm) =(Cash flow) × (1+ Growth rate)/(WACC-Growth rate).

XYZ Inc. company value (value of the firm) = ( 145 ) × ( 1 + 2% )/( 10% - 2% ).

XYZ Inc. company value (value of the firm) =147.9/0.08.

XYZ Inc. company value (value of the firm) =1848.75. = 1849.

7 0
3 years ago
During Vincent van Gogh's lifetime he sold thousands of artworks. In fact, his brother Theo depended on him for financial suppor
mina [271]

Answer:

During Vincent van Gogh's lifetime he sold thousands of artworks. In fact, his brother Theo depended on him for financial support.

False

Explanation:

Vincent van Gogh was one of the most influential and prolific painters of western art. He was a dutch painter born on March 30, 1853 in Zundert, Netherlands. His skill in striking colors, brushwork and forms formed the foundation for modern expressionism. Vincent van Gogh was for the better part of his life not wealthy. After failing in his pursuits, he began taking painting seriously. In 1880, he discovered that he had a true passion for painting, and that he would dedicate the rest of his life as an artist. His major goal as an artist was to console the miserable in the society. “I want to give the wretched a brotherly message,” he mentioned to his bother Theo. Theo was Vincent's brother who an art dealer.

Most of Vincent's work although prolific gained momentum well after his death especially in the late twentieth century. The statement that he sold thousands of artworks during his lifetime and that Theo depended on him for financial support is false since he died penniless.

6 0
3 years ago
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