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garri49 [273]
3 years ago
15

A key objective of the _____ was to restore public faith and trust in the securities markets battered by the stock market crash

of 1929. question 17 options:
a.securities act of 1933
b.banking act of 1933
c.uniform securities act of 1930
d.stock market protection act of 1931
Business
1 answer:
weeeeeb [17]3 years ago
3 0
It would be the Banking act of 1933; made so that banks would be unable to invest their money so that people would have more faith in them.
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A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m
NARA [144]

Answer:

Kansas city

Explanation:

$-477500

$-310,750

7 0
2 years ago
g Suppose that if GSI drops the price on the Glucoscan 3000 immediately, it can increase sales over the next year by 30% to 130,
Amanda [17]

Complete Question:

Glucose Scan Incorporated (GSI) currently sells its latest glucose monitor, the Glucoscan 3000, to diabetic patients for $129. GSI is considering lowering the sale price to $99 per unit. The cost of goods sold for each Glucoscan unit is $50, and GSI expects to sell 100,000 units over the next year. The marginal corporate tax rate is 40%. Suppose that if GSI drops the price on the Glucoscan 3000 to $99 immediately, it can increase sales over the next year by 30% to 130,000 units.

Also suppose that for each Glucoscan monitor sold, GSI expects additional sales of $100 per year on glucose testing strips and these strips have a gross profit margin of 75%. These strip sales occur on all monitor sales regardless of the price of the monitor. Including the increase in the sale of testing strips, the incremental impact of this price drop on the firms EBIT is closest to:

Answer:

$720,000

Explanation:

Incremental Earnings Before Interest and Tax Analysis  

Details                                         Current price               Reduced price

Units Sold                                        100,000                         130,000

Unit sales price                            <u>       129          </u>                <u>         99        </u>

Sales Revenue                             $12,900,000                 $12,870,000

Cost of Goods sold at $50            <u>5,000,000</u>                  <u>$6,500,000</u>

Gross Profit                                    $7,900,000                  $6,370,000

G. Profit on Strips sold at $75      <u>$7,500,000</u>                  <u>$9,750,000</u>

Total Gross Profit for the year      $15,400,000                $16,120,000

The Net benefit of this price change is increase of Earnings before interest and tax by $720,000.

3 0
2 years ago
Financial markets pay close attention to changes in the federal funds rate because these changes:
Naddik [55]
Financial markets give careful consideration to changes in the government reserve's rate in light of the fact that these progressions .show the Fed's arrangements for money related strategy. Financial markets is a market in which individuals exchange monetary securities, products, and other fungible things of significant worth at low exchange costs and at costs that reflect free market activity.
8 0
3 years ago
A major problem with the implementation of an annually balanced budget is that it?
djyliett [7]

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

3 0
2 years ago
On January 1, 2017, Boston Enterprises issues bonds that have a $1,850,000 par value, mature in 20 years, and pay 7% interest se
ANTONII [103]

Answer:

Interest per six months =$64,750 .

Explanation:

B<em>onds are instruments used by companies, governments and other entries to borrow from the public. </em>

<em>They represent a contractual agreement where  the borrower commits to pay a percentage of the principal amount borrowed plus the principal amount to the lender or investor.</em>

The proportion of the amount borrowed which is paid as interest is called coupon. The interest payment is computed as the the coupon rate in percentage multiplied by the amount borrowed.

Interest payment = Coupon rate (%) × Nominal Value

 Annual interest payment    = 7%  × 1,850,000 =$129,500

Semi-annual interest payment = Annual interest payment/2

Semi-annual interest payment =129,500 /2 =64,750 .

Interest per six months =$64,750 .

Note we had to divide by 2 because they are two six months in a year.

6 0
3 years ago
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