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andreyandreev [35.5K]
4 years ago
9

Galaxy United, Inc. 2009

Business
1 answer:
ANEK [815]4 years ago
7 0

Answer:

13.69%

Explanation:

Return on Equity = Net Income / Shareholder's Equity

<em>All Computations are in millions</em>

Shareholder's Equity = Common Stock + Retained Earnings

Shareholder's Equity = $2960 +$735

Shareholder's Equity = $3,695

Net Income = $506

Return on Equity = $506 / $3,695

Return on Equity = 13.69 %

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A check originally payable to cash, but subsequently indorsed with the words "pay to Li Ping," must be negotiated as:
7nadin3 [17]

Answer:

The correct option is C

Explanation:

Bearer instruments and order instruments are separately negotiated. However, the method of negotiation is highly dependent on the instrument character at the time of negotiation. Indorsement however has the ability to turn an order instrument to a bearer instrument. Like from the example provided in the question, it must be negotiated as an order instrument (via indorsement and must be delivered), although formerly, it was a bearer instrument.

5 0
3 years ago
Under the expectations hypothesis, if the yield curve is upward-sloping, the market must expect an increase in short-term intere
jeyben [28]

Answer:

True

Explanation:

When we apply the expectations theory, we assume that there is no risk premium associated to the securities (this theory applies to government securities). If the yield curve is upward sloping (positive slope), it means that the short term yields are expected to increase. The time value of money applies to all securities, including government securities, i.e. $1 today is worth more than $1 tomorrow.

3 0
3 years ago
Incident Reports, such as Situation Reports and Status Reports enhance situational awareness and ensure that personnel can acces
Irina-Kira [14]

Answer:

The correct answer is True.

Explanation:

An incident report is a tool that records any event that could cause injury to people or damage to company assets. It should include almost accidents, damage to property and equipment, health and safety issues, safety violations and misconduct in the workplace.

Incident reports could be used to discover potential risks and hazards in the workplace and to raise awareness about these problems. That is why it is important to add an analysis of the causes and effects of any incident to avoid similar situations in the future.

7 0
3 years ago
What happens if a product has a negative contribution margin?
saul85 [17]
 Read from this following website this will answer your question it answered mine.
If this is helpful plz tell me it will tell you all about your question.

<span>http://smallbusiness.chron.com/happens-contribution-margin-company-negative-22905.html




</span>
4 0
3 years ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
4 years ago
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