Is esports better than sports? Explain?

Would you be more or less willing to buy gold under the following circumstances: LOADING... Gold again becomes acceptable as a

Rainbow [258]

You would be more likely too

3 0

4 years ago

"A high-ranking officer of ABC Corporation owns 10,000 shares of ABC Corporation control stock that she wishes to sell under the

LuckyWell [14K]

Answer: $9,000

Explanation:

Rule 144 is a regulation that governs the trading of restricted, unregistered, and control securities and is enforceable by the SEC.

Under the rule, the person, as an officer of the ABC Corporation is limited to selling the higher of 1% of the Outstanding stock the company has or the average weekly trading volume over the preceding 4 weeks.

1% of the outstanding 900,000 shares is;

= 1% * 900,000

= 9,000 shares

This is higher than the average weekly trading volume over the preceding 4 weeks so this is the maximum permitted sales figure.

3 0

4 years ago

Determine the weighted cost of capital for the Mills Company that will finance its optimal capital budget with $120 million of l

g100num [7]

Answer:

The company's weighted cost of capital is 12.6%

Explanation:

Weighted average cost of capital (wacc) is calculated using the following formula:

wacc = [ kd x (1-tax) x weight of debt] + [ke x weight of equity]

in which: kd is the cost of debt = 12.5%

ke is the cost of equity = 16%

Weight of debt = $120m / ($120m+$180m) = 40%

Weight of equity = $180m / ($120m+$180m) = 60%

--> wacc = [0.125 x ( 1-0.4) x 0.4] + [0.16 x 0.6]

= 12.6%

8 0

4 years ago

What is 30,00000 times 40,000000

stellarik [79]

The answer is 120000000000000

7 0

3 years ago

The economy of Baruchville contains 2000 $1 bills. 1. If people hold all money as currency, what is the quantity of money? 2. If

julia-pushkina [17]

Answer:

a) $2000

b) $2000

c) $2000

d) $20000

e) $11000

Explanation:

a) If people hold all money as currency:

Quantity of money = 2000 × $1 bills = $2000

b) If people hold all money as demand deposits and banks maintain 100% reserves:

Quantity of money = 2000 × $1 bills = $2000

c) If people hold equal amounts of currency and demand deposits and banks maintain 100% reserves

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill = $1000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposits = $1000 + $1000 = $2000

d) If people hold all money as demand deposits and banks maintain a reserve ratio of 10%.

Reserve ratio (r) = 10% = 0.1

Since people hold all money as demand deposits:

Therefore, demand deposits = 2000 × $1 bill × 1/r = $2000 × 1/0.1 = $20000

Quantity of money = Demand deposits × 1/r = $2000 × 1/0.1 = $20000

e) . If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10%

Reserve ratio (r) = 10% = 0.1

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill × 1/r = $1000 × 1/0.1 = $10000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposit = $1000 + $10000 = $11000

6 0

4 years ago