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3 years ago

true or false: M-3 is money that people can gain access to quickly and easily to pay for goods and services.

1 answer:

6 0

It is false that <span>M-3 is money that people can gain access to quickly and easily to pay for goods and services. That would be M-1.
M-3 refers to stocks, bonds, mutual funds, etc.</span>

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When fraud examiners investigate a bankruptcy or divorce resulting from fraud, where do they focus?

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activity shortly before the bankruptcy filing or divorce

Answer:c

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3 years ago

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However

suter [353]

Answer:

The stock will trade for 4.30 dollars in the market

Explanation:

The stock will be valued at the discounted value of their future cash flow.

w calculate the cas flow by multiplying by the grow rate given.

Then we discount using the present value of a lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $0.5000

time 3.00

rate 0.18

$\frac{0.5}{(1 + 0.18)^{3} } = PV$

PV 0.30

Then, for the entire of the dividend after year 6th we use the gordon model:

dividends / (rate - grow) and then we discount that

$\frac{dividends}{return - growh}$

Y# Cashflow Discounted

0 0

1 0

2 0

3 0.5 0.304315436

4 0.825 0.425525822

5 1.36125 0.595014921

6 1.4565375 2.971555503

Total 4.296411682

8 0

3 years ago

Choose the correct statement. A. Income tax creates a deadweight loss in the markets for capital and labor. B. Income tax is a t

mixer [17]

Answer:

The correct answer is option A.

Explanation:

Income tax is a tax imposed by the government on the income earned by the individuals. This income can be from capital and labor. It creates a deadweight loss in the market for labor and capital.

Deadweight loss is the loss to economic efficiency and production caused by a tax. The imposition of a tax creates a tax wedge, this tax wedge leads to a deadweight loss. Deadweight loss due to income tax is the loss of purchasing power or reductions standard of living due to tax.

The inefficiency or tax burden depends upon the elasticities of demand and supply. Whoever has the least elasticity will share most of the tax burden.

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3 years ago

The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and

Serggg [28]

Full question attached

Answer:

D. Earnings before interest and taxes(EBIT)

Explanation:

Earnings before interest and taxes abbreviated EBIT in the income statement is arrived at by deducting operating expenses from revenue/sales to get operating income. The operating income is earnings before interest and taxes which comes before gross income(subtract other expenses). Operating expenses are the main expenses concerned with operations of the business such as the Sales

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3 years ago

Which would have the smallest effect on the amount of money a candidate spends on a campaign?

Marat540 [252]

The number of opponents a canidate faces

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3 years ago