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Serggg [28]
3 years ago
9

In one of the cases in the textbook, Michael Weinstein was the head of Coated Sales, Inc., a company that coated fabrics for use

in producing things like parachutes, helmet liners, and camouflage suits. By engaging in financial shenanigans, Coated Sales moved to the top of its industry, but ultimately the good times turned into bad times, and the company declared bankruptcy. What happened to Weinstein
Business
1 answer:
Studentka2010 [4]3 years ago
7 0

Answer:

The remaining part of the question is:

What happened to Weinstein?

A. After the bankruptcy, he raised new capital and started another fabric coating company.

B. He was convicted, sentenced to prison, and ordered to make restitution.

C. He cooperated with the government and became an informant against his partners who had been siphoning cash off of government contracts.

D. He was placed on probation after reimbursing the shareholders with the profits he had made on investments in the stock market.

<u>Correct Answer:</u>

B.<u> He was convicted, sentenced to prison, and ordered to make restitution.</u>

<u></u>

Explanation:

<em>As a result of the frauds which Michael Weinstein committed leading to the failure of the company, he was charged to court based on the evidence gathered. Later, he was found guilty by the court leading to him being jailed.</em>

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The country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturin
ivanzaharov [21]

Answer:

A) Related and supporting industries

Explanation:

Competitive advantage is the edge an entity has over others that results in higher profit margins.

According to Michael Porter there are 4 factors that gives national advantage in the international environment:

- firm strategy' structure and rivalry

- related supporting industries

- demand conditions

- factor conditions.

Related supporting industries refers to the presence of supporting industries that helps a company to thrive.

Forms depend on others for high productivity. When the presence of other supporting companies is adequate production will be maximised.

This is the case in the given instance where the country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturing firms, chemical plants, and leather manufacturing companies, most of which are well reputed and internationally competitive. This has made Arcadia a major force in the global economic market

6 0
3 years ago
In which of the following situation is having a good credit score important
Tema [17]
When trying to purchase an item with a high value
7 0
3 years ago
You purchased six TJH call option contracts with a strike price of $40 when the option was quoted at $1.30. The option expires t
jek_recluse [69]

Answer:

Profit = $0.60

Explanation:

Call option is an option to buy by paying a call premium. The option is exercised when current market price is more than the strike price. In this case, the strike price is $40 and the premium is $1.30, whereas the current market price is $41.90. The option buyer can exercise the contract by purchase the stock at lower price and sell at current market price to gain return. The gain will be calculated as:

Value = Current Price - Strike Price

Value = 41.90 - 40

Value = 1.90

To calculate the profit, we needs to subtract premium cost from value:

Profit = Value - Call Premium

Profit = 1.90 - 1.30

Profit = $0.60

5 0
3 years ago
You own 210 shares of stock in Halestorm, Inc., that currently sells for $82.90 per share. The company has announced a dividend
andreev551 [17]

Answer:

$82.90

Explanation:

Generally, the price of a share will fall by the amount of the dividend on the ex dividend day. The aim is to ensure that the value of the stock is maintained. Therefore, the amount at which the stock will open on the ex dividend day can be calculated as:

Market price per share (MPS) on February 4 = $82.90 - $3.20 = $79.70

With the payment of $3.20 per share, the value of the share will be:

The total value of the stock on February 4 = $79.70 = $3.20 = $82.90

Therefore, the value of the stock on February 4 is $82.90.

Note: There seems to be a typographical error in the option a. in the question. It should be the answer if corrected.

3 0
3 years ago
Maestro Inc has a $1,000, 6% coupon bond with interest payable semiannually and a remaining term of 20 years. The market yield o
Nimfa-mama [501]

Answer:

65.682%

Explanation:

The computation of the percentage is shown below;

But before that first determine the present value i.e.

Given that

Future value = $1,000

PMT = $1,000 × 6% ÷ 2 = $30

RTAE = 10% ÷ 2 = 5%

NPER = 20 × 2= 40

the formula is shown below;

= -PV(RATE,NPER,PMT,FV,TYPE)

After applying the above formula, the present value is $656.82

Now the percentage is

= $656.82 ÷ $1,000

= 65.682%

6 0
3 years ago
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