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SVETLANKA909090 [29]
3 years ago
10

The articles of incorporation are submitted by the incorporators to the ____ for approval a. Irs . B. Office of the Secretary of

State. C. Securities and exchange commission D. Governor of the state.
Business
1 answer:
allsm [11]3 years ago
7 0
By definition, the articles of incorporation are business documents wherein it generally contains the background information of a firm as well as its address, name, and contact information. In addition, it is generally presented to the executives most commonly the Secretary of State for approval.
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Last night 45,000 people bought 6,000 shirts. The shirts cost $8.00 dollars each. How much did they spend all togther?
babymother [125]

shirts \times cost = spending \\ 6000 \times 8 = 48000
6 0
3 years ago
Read 2 more answers
The Dow Jones is currently valued at $24,000 and the 1-year Dow Jones Mini Future contract has a price of $24,750. Note Dow Jone
Svetllana [295]

Answer:

a) 152

b) <em>$15,310,562.50</em>

Explanation:

<u>A) What position in futures contracts on the S & P 500 is it necessary to hedge the portfolio</u>

The position is to short

The number to be shorted  can be calculated using the formula below:

= ( β *  value of portfolio) / (one futures contract size * number of times the value of the contract price)

where ; value of portfolio = $15 million , Beta = 1.25 , one future contract size = $24750,  number of times = 5

= (  1.25 * 15,000,000)   / ( 24,750 * 5)  = 151.5 ≈ 152 contracts

<u>b) What is our portfolio value of your portfolio with the hedge from part a</u>

Given that 6 months has passed

Dow Jones now valued at $24720

Future price now $25,100  

first step : calculate loss from position in part a

= 152 * 5 * ( 24,750 - 25,100 ) = - $266,000

next : calculate Gain on index

=  24,720 - 24,000 / 24,000 = 0.03 = 3.00%

Total gain = Gain on index +  annual dividend / 2

                 = 3% + 0.75 / 2 = 3.375%

where risk free rate ( 6 months ) = gain on index / 2 = 1.5%

Calculate Return with the use of CAPM

= 1.5% + 1.25* ( 3.375% - 1.5% ) = 3.8438%

Hence value of portfolio after 6 months will be calculated as

= Current portfolio value * ( 1 + return )

= 15,576,562.50

Therefore the

Net value = portfolio value - loss from futures position

=<em>$15,310,562.50</em>

6 0
3 years ago
Which of the following statements is a characteristic particular to the postindustrial economy?
jekas [21]
Hello there! 

The answer is B) Specialization characterizes the division of labor

A Post-Industrial economy is characterized by various factors, such as the change from manufacturing to the service sector. You can see examples of Post-Industrial economies in Western Europe, Japan, and the US. 

A key characteristic of Post-Industrial economy is the specialization of labor and the requirement for highly skilled workers, who replace the manual and non-qualified workers in factories. 
7 0
3 years ago
A small businessman tries to buy a computer to help with the job. He needs a small computer, but the expected growth of the busi
Katen [24]

Answer:

The cheapest option would be to purchase the large computer right away at 9,000 pounds. Even though the other options require a lower initial investment, the probability of needing a large computer in the future is very high and the cost of either acquiring a new computer or expanding an existing one is higher.

Explanation:

Since there is not enough room here I attached the decision tree.

Download pdf
6 0
3 years ago
The division of labor is another word for Group of answer choices specialization. taxes. expanding markets. efficiency.g
goldfiish [28.3K]
Division of lab our is the same thing as Specialization.
6 0
3 years ago
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