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mart [117]
3 years ago
5

Paul loved to party at mardi gras, even if he was not involved in making a float or anything else. the atmosphere on the street

was just so different, so easy. he had a great time. at such a(n) _____, the rules were loosened
Business
1 answer:
Mashutka [201]3 years ago
3 0

The answer is moral holiday. Taking a moral holiday means temporarily loosening up and taking it easy, not carrying the heaviness of the world on your shoulders, not being despairingly depressed by depressing realities. In other words, there are specified times when people are allowed to break norms. The best example is during Mardi gras.

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Rudy bought 10 shares of fat cat, inc. stock on january 1,2017. rudy paid $20 for each share. at first, it appeared that rudy ha
stiv31 [10]

He would would have a short term capital loss of $200 (10 shares at $20 each)

Short term losses are considered losses on assets that have been held for less than 1 year.

6 0
2 years ago
You are considering the purchase of an office building for $1.5 million today. Your expectations include the following: first-ye
ddd [48]

Answer:

$289000

Explanation:

Effective Gross Income (EGI): Effective Gross Income is calculated by deducting the Vacancy and collection (V&C) loss from Gross Potential Income (GPI).

First year gross potential income (PGI) is $340,000

Vacancy and collection (V&C) loss is 15% of gross potential income

Therefore, (V&C) allowance = [$340,000 15%]

= $51,000

Calculate Effective Gross Income (EGI) for the first year of operations:

Item

Amount

Potential gross income (PGI)

$340,000

Less: V&C allowance (at 15% of PGI)

($51,000)

Effective Gross Income ( EGI )

$289,000

Hence the EGI is $289,000

7 0
3 years ago
What financial behaviors will typically lead to a low credit score everfi?
Arisa [49]
Maxed out credit cards
7 0
3 years ago
The firm's tax rate is 34 percent. The firm's pre-tax cost of debt is 8 percent; the firm's debt-to-equity ratio is 3; the risk-
MAVERICK [17]

Answer:

WACC = 0.08085  or  8.085% rounded off to 8.09%

Option c is the correct answer.

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure that can contain one or more of the following components, namely debt, preferred stock and common equity. The formula to calculate the WACC is as follows,

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

Where,

  • w represents the weight of each component
  • D, P and E represents debt, preferred stock and common equity respectively
  • r represents the cost of each component

We first need to calculate the weight of each stock. We know the basic accounting equation is,

Assets = Debt + Equity

We know the debt to equity ratio is 3. Then total assets will be,

Assets = 3 + 1

Assets = 4

Using the CAPM equation, we can calculate the cost of equity.

r = risk free rate  +  Beta  *  Market risk premium

r = 0.03  +  1.5  *  0.09

r = 0.165  or  16.5%

WACC = 3/4  *  0.08  *  (1 - 0.34)  +  1/4  *  0.165

WACC = 0.08085  or  8.085% rounded off to 8.09%

4 0
2 years ago
The 151 member governments of the World Bank are expected to increase the bank's funding by $75 billion, though some United Stat
Sonja [21]

Answer:

The correct option is option C from the below options.

Explanation:

As the question was not complete, the complete question is found online and is attached here with.

Also the options are not given which are as below:

(A) an obstacle to Congressional passage being the concern

(B) a concern as an obstacle to Congressional passage

(C) as an obstacle to Congressional passage the concern

(D) the concern, an obstacle to Congressional passage,

(E) as an obstacle for Congress to pass it the concern

Option A is incorrect as it is not an obstacle.

Option B is incorrect as it is not a concern to an obstacle

Option C is correct as the issue is acting as an obstacle.

Option D is incorrect as the two phrases are not being related.

Option E is incorrect as the concern and obstacle are not correlated.

6 0
3 years ago
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