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Eddi Din [679]
3 years ago
8

U.S. laws require equality in the workplace for all employees. U.S. citizens who take a job in Germany cannot sue their German e

mployer under the provisions of U.S. law for failure to provide equal opportunity for them. This exemplifies the:
A. doctrine of comity.
B. act of state doctrine.
C. principle of sovereignty.
D. nationality principle.
Business
1 answer:
Drupady [299]3 years ago
3 0

Answer:  Option C

         

Explanation: Sovereignty is a governing body's absolute right and authority over itself, without intrusion from third party sources or bodies.

Sovereignty is a substantive term in political theory defining supreme authority above a certain polity.Hence any law that is implemented in USA will be followed only by american companies or foreign companies operating there. These laws are not applicable for German firms due to their principle of sovereignty

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You buy a security that will pay you $500 in 1 year. You pay $455 today. If you hold this security to maturity, your yield to ma
Elis [28]

If you hold this security to maturity, your yield to maturity is <u>9.89%</u> while your rate of return is <u>9%</u>.

<h3>What is the yield to maturity?</h3>

The yield to maturity (YTM) refers to the total rate of return earned by a bond when it makes all interest payments and repays the original principal.

YTM is equal to a bond's internal rate of return (IRR) if the bond were held to maturity.

<h3>Data and Calculations;</h3>

Face value of security = $500

Price paid today = $455

Yield to maturity = (Face Value/Current Price) x (1/Years to Maturity) - 1

= $500/$455 x 1/1 - 1

= 0.0989

OR

Yield in dollars = $45 ($500 - $455)

= 0.0989 ($45/$455 x 100)

Rate of return = 9% ($45/$500 x 100)

Thus, if you hold this security to maturity, your yield to maturity is <u>9.89%</u> while your rate of return is <u>9%</u>.

Learn more about yield to maturity and rate of return at brainly.com/question/5524579

3 0
2 years ago
Read 2 more answers
How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the
Andre45 [30]

Answer:

Break-even point in unit = 250 units

Explanation:

Given:

Fixed cost = $500

Variable cost = $2

Number of customer = 325

Sales amount = $4

Find:

Break-even point

Computation:

Break-even point in unit = Fixed cost / (SP - VC)

Break-even point in unit = 500 / ($4 - $2)

Break-even point in unit = 250 units

4 0
3 years ago
Store supplies still available at fiscal year-end amount to $1,900. Expired insurance, an administrative expense, for the fiscal
DaniilM [7]

Answer:

Current Ratio = 1.67:1

Acid Test Ratio = 0.1:1

Gross Profit Margin = 66%

Explanation:

Cash.......1000

Merchandise inventory...12,500

Store supplies....5800

Prepaid Insurance...2400

Accounts Payable...................10,000

Sales..............................111950

Cost of Goods Sold....38,400

Store supplies still available at fiscal year-end amount to $1,900. Expired insurance, an administrative expense, for the fiscal year is $1,650. Depreciation expense on store equipment, a selling expense, is $1,600 for the fiscal year. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $11,000 of inventory is still available at fiscal year-end. 4. Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2018.

Therefore Balance Store supplies = 5800-1900

Prepaid Insurance = 2400-1650

Balance Inventory = 11,000

Current Ratio = Current Assets/ Current liabilities

Current Ratio = (1000 cash + 11,000 inventory + 3,900 Store supplies + 750 prepaid insurance) / 10,000 Accounts payable = 16650/10000 = 1.67

Current Ratio = 1.67:1

Acid test Ratio = Current Asset - inventory / Current Liabilities

(16,650 -  11,000 inventory - 3,900 Store supplies - 750 Prepaid Insurance) /10,000 = 0.1

Acid Test Ratio = 0.1:1

Gross Profit Margin = Gross Profit / Sales x 100

Gross Profit = Sales - Cost of Goods Sold = 111,950 - 38400 = 73550

Therefore Gross profit Margin = 73550/111950 x 100 = 66%

Gross Profit Margin = 66%

3 0
3 years ago
Bond Corporation issues 5,000, 10-year, 8%, $1,000 bonds dated January 1, 2017, at 103. The journal entry to record the issuance
Darya [45]

Answer and Explanation:

The journal entry to record the issuance of the bond is as follows:

Cash Dr (5,000 × 103) $515,000

Discount on bond payable Dr $4,485,000

        To Bond payable (5,000 × $1,000)  $5,000,000

(Being the issuance of the bond is recorded)

Here cash and discount on bond payable is debited and credited the bond payable

5 0
2 years ago
The Wiley Oakly Company has just gone public. Under a firm commitment agreement, Wiley received $21.39 for each of the 7.75 mill
Zarrin [17]
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