Answer:
E. Thompson memo
Explanation:
The name 'Thompson Memo' was used to honor the Deputy attorney General that first issued the memo in 2003. His name is Larry Thompson.
The memo was created to distinguished the line between the 'honest mistake' that the company might do and an actual wrongdoings that must be punished by law.
The memo consist of several criteria that future prosecutors can use to determine whether a company should be punished or not. Those criterias are:
- The nature/seriousness of the offense
- Whether they did a similar 'mistake in the past
- Whether the company admit the mistake by their own or whether it's exposed by other people
- Whether the company proposed a remedial action.
Answer:
a. 3.58
Explanation:
the price earning ratio is obtain with the following formula:
We are given with the market price, now we need to solve for the EPS
with sales and profit margin we solve for net income. then we divide by the shares outstanding to get the EPS
823,000 sales x 4.2 profit margin = 34.566 net income
now we solve for EPS Earning per share:
Now we can sovle for price-earnings ratio
16.50/4.61 = 3,5791 = 3.58
Answer:
The correct answer is letter "D": Payments or adjustments to the original obligations.
Explanation:
Research Development Test & Evaluation (RDT&E) funds are dedicated to cover costs of specific research, development, testing and assessment activities. Once deadlines to present the research are due, the funds can be directed to maintenance of laboratories or any other payment or adjustment besides the initial purpose of that money.
Answer:
If inflation is expected to be 7% this next year, your friend will be earning a -2% interest.
Step-by-step explanation:
Real interest rate is the interest rate that takes inflation into account. To calculate for the real interest rate, we have:
<em>Real interest rate = nominal interest rate - inflation rate</em>
<em>Real interest rate = 5% - 7%</em>
<em>Real interest rate = -2%</em>
In this case, the borrower will get paid and your friend will be the one penalized.
Negative interest rates occur infrequently and usually only when a country's central bankers are forced to utilize the monetary policy tool -- where the interest rates are set below zero -- during harsh economic times.
