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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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The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. true fa
julsineya [31]
FALSE. It is not greater then firms with smaller cash flows.
6 0
3 years ago
You observe a portfolio for five years and determine that its average return is 12.5​% and the standard deviation of its returns
mihalych1998 [28]

Answer:

Yes, you can be confident that the portfolio will not lose more than 30% of its value next year

Explanation:

In this question , the average return of portfolio is 12.5% and the standard deviation is 19.5%. It is estimated that there will be 30% loss next year. The confidence interval is 95%.

Range = Average return ± 2 x Standard deviation Low aid = 12.5% - (2 x19.5%) =12.5% -39% = -26.5%

High end = 12.5% +(2 x19.5%) =12.5%+39% = 51.5%

Thus, the low end is

26.5%

The range of return at 95% confidence interval is -26.5% to 51.5%

8 0
3 years ago
Viserion, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 25 years to maturity that is
Snezhnost [94]

Answer:

Pretax    =  5.61%

After tax = 4.26%

Explanation:

The cost of debt will be the Yield to maturity of the bonds.

91 = present values of the 25 year annuity + present value of the maturity

There is no formula for exact YTM

we can either use excel or calculate by approximation:

In this case we will calcualte the YTM by aprroximation

YTM = 2\times (\frac{C + \frac{F-P}{n }}{\frac{F+P}{2}})

C= 25 cuopon payment 1,000 x 5% / 2 becayse paymenr are semiannually

F= 1000 the face value is 1,000

P= 910  the present value or market value is 91% of the face value

n= 50   25 year at 2 payment per year

YTM = 2 \times (\frac{25 + \frac{1000-910}{50 }}{\frac{1000+910}{2}})

dividend 26.8

divisor 955

YTM 5.6125654%

This will be the pretax cost of debt

then we calculate the after tax cost of debt

pre-tax cost of debt ( 1 - t ) = after-tax

5.61% ( 1 - .24 ) = 4,2636

6 0
3 years ago
A farmer is considering the installation of a fuel storage system that will save $0.065 per gallon because the fuel can be purch
photoshop1234 [79]

Answer:

yes and because yes

Explanation:

5 0
3 years ago
Which one of the following statements regarding disclosure is true?
dybincka [34]

Answer:

4

Explanation:

The death on property must be disclosed to buyers by stateagents or owners if the death has occurred within last three years but the manner of death is not requried to be disclosed unless asked by the buyer.

5 0
3 years ago
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