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yan [13]
2 years ago
11

Security is a financial instrument backed by assets. They give the holder an interest or right in something else. A regulation u

nder state or federal securities laws may apply to which of the following?
a. a speculative purchase of raw land by a doctor as part of a retirement plan
b. a condominium project that includes both residential and retail uses within one structure
c. a resort condominium project in which owners enter their units in a common rental pool to enhance their income
Business
1 answer:
Ksivusya [100]2 years ago
7 0

Answer:

c. a resort condominium project in which owners enter their units in a common rental pool to enhance their income

Explanation:

As provided, the company here aggregates funds to acquire property and then earn rental income. The company can be a combination of many individuals or firms or any other form. But since it is earning an assured income in the form of rentals, it can be categorized as security.

Accordingly if it is a security, the security laws will be applicable on them.

Option a and b do not provide so, as they do not form a security, as in case a there is no definite income attached. In case b there are losses also attached, as it is for residential and retail in the same volume, making it loose its commercial substance.

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During a company's first year, the asset account, Office Supplies, was debited for $3,900 for the purchases of supplies. At year
fiasKO [112]

Answer:

The adjusting entry will be shown below:

Explanation:

The adjusting journal which is to be recorded in the following case will be:

Office Supplies expense A/c..............................Dr  $2,275

          Office Supplies A/c.........................................Cr   $2,275

As the amount $3,900 is already debited and at the year end, the remaining amount of office will be posted to the account of the office supplies expense against the office supplies account.

Working Note:

Amount = Debited amount of office supplies - Offices supplies on hand

= $3,900 - $1,625

= $2,275

5 0
2 years ago
Consider the following cash flows of two projects for Fontana Rubber Parts Company. Assume the discount rate for Fontana Rubber
marta [7]

Answer:

Year           Dry Prepreg          discounted cash flow

0                   -$30,000                -$30,000

1                        10,000                    8,772

2                       10,000                    7,695

3                       10,000                    6,750

4                       10,000                    5,921

5                       10,000                    5,194

Year           Solvent Prepreg.           discounted cash flow

0                         -$90,000                   -$90,000

1                            28,000                       24,561

2                           28,000                       21,545

3                           28,000                       18,899

4                           28,000                       16,578

5                           28,000                      14,542

a. Calculate NPV, IRR, MIRR, payback, and discounted payback for each project

Dry Prepreg

NPV = $4,330

IRR = 19.86%

MIRR = 17.12%

payback = 3 years

discounted payback = 4.17 years

Solvent Prepreg

NPV = $6,130

IRR = 16.80%

MIRR = 15.51%

payback = 3.21 years

discounted payback = 4.58 years

b. Assuming the projects are independent, which one(s) would you recommend?

  • both projects, since their NPV is positive

c. If the projects are mutually exclusive, which would you recommend?

Dry prepreg becuase its IRR, MIRR are higher, and its payback and discounted payback periods are shorter.

7 0
2 years ago
Emily/red sued document security company, alleging he had suffered injuries to his hands as a result of attempting to fix a jam
Darya [45]
<span>Emily has no case as Toyosan's safety equipment (the airbag) deployed correctly. The safety equipment is there to save lives and reduce serious injury, not eliminate damage completely. Emily would need to sue the driver that caused the accident.</span>
5 0
2 years ago
What is the ergonomically optimum body posture for performing all physical jobs?
mojhsa [17]

<u>Answer:</u>

Mid - Range

<u>Explanation:</u>

Ergonomics is the study of correct posture of body. It helps employees to work with ease and comfort. It provides correct chair height, adequate spacing for the legs. Employees feel stressed out by working for hours in the same position, correct posture can help them ease their joints and stretch. It helps in increasing their productivity and also reduces the risk of musculoskeletal  injuries.. An uncomfortable workplace can create health issues, like eye strain and muscle strain.

5 0
3 years ago
A portfolios is composed of two stocks, A and B. Stock A has a standard deviation of return of 19%, while stock B has a standard
Brums [2.3K]

Answer:

0.536

Explanation:

The computation of the correlation coefficient is shown below:-

\sigma^2_A \times w^2_A + \sigma^2_B \times w^2_B + 2\times w_A \times w_B \times \rho_{AB} \times \sigma_A \times \sigma_B = 0.034

0.19^2 \times 0.70^2 + 0.25^2\times 0.30^2 + 2*0.70 \times 0.30 \times \rho_{AB} \times 0.19\times 0.25 = 0.034

0.023314 + 0.01995 \times \rho_{AB} = 0.034

0.01995 \times \rho_{AB} = 0.010686\\\\\rho_{AB} = 0.536

Therefore for computing the correlation coefficient between the returns on A and B we simply applied the above formula.

So, according to the question the option is not available. The right answer is 0.536 and the same is not considered

8 0
3 years ago
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