<h2>Original offer becomes void (nothing).</h2>
Explanation:
Counteroffer: The original offer would have been either rejected or modified with new one.
This gives the original offeror three options:
Example:
When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".
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Explation:
Answer:
RE break point = $24500
Explanation:
21,000 net income
30% OF Earnings as dividends
21,000 x 30% = 6,300 dividends
Retained Earnings (assuming no previous beginning value)
21,000 - 6,300 = 14,700
RE break point = 14,700/0.6 = 24500
What does the $24,500 mean?
This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)
If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change
Answer:
The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account
Explanation:
Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.
Answer:
0.68
Explanation:
A portfolio consists of an investment of $7,500
The amount of common stock is 20
The portfolio beta is 0.65
Suppose one of the stock in the portfolio is sold with a beta of 1.0 for $7,500
The proceeds realized is then used to purchase another stock with a beta of 1.50
The first step is the to calculate the change in beta
Change in beta= 1.50-1
= 0.5
The next step is to divide the change in beta by the number of common stock
= 0.5/20
= 0.025
Therefore, the new beta can be calculated as follows
= 0.65+0.025
= 0.68
Hence the new portfolio's beta is 0.68