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Yuki888 [10]
3 years ago
13

CalPERS, the California Public Employees Retirement System, manages over 240 billion dollars in assets. As an example of shared

activism, they review all short- and long-term performance figures for each of the firms in which they invest and then work to ensure shareholder rights by requesting the companies make changes in their governance structure.
a. True
b. False
Business
1 answer:
Sphinxa [80]3 years ago
5 0

Answer:

The correct option is true

Explanation:

Shared activism refers to the use of direct action in achieving a goal as in the case of people refusing to leave a house marked for demolition in order to protect the house from being demolished.

CalPERS as a pension fund manager coupled with being a major shareholder in many of the firms where it holds investment has just employed the strategy of direct intervention known as shared activism in order  that the value of its  portfolio is optimized.

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1. Clean Machines Company (Clean) makes washing machines. Over the phone, Clean offers to sell Dealers Appliance Outlet (Dealers
photoshop1234 [79]

Answer:

Explanation:

In my opinion, I would like to say that Clean Machines Company is correct. If you look at it this way, you'd see that there actually isn't any contract between Clean Machines Company and Dealer. When it came to about offers, the person offering is able to revoke an offer before the offer is even accepted. And he won't be held responsible unless of course, the offer is irrevocable. Then, to make the offer to be irrevocable, the Dealer then would have needed to prove that an option was present, or prove that the offer is was not able to be revoked due to UCC provision.

6 0
3 years ago
Joanie is in her junior year of high school and is planning her future. Based on rent in her city and her new car payment, she n
Simora [160]

She needs a bachelor degree because an associate degree doesn't give her quite $800.

5 0
3 years ago
Green Thumb Nursery has 53,000 shares outstanding at a market price of $63.57 per share. The earnings per share are $3.57. The f
mamaluj [8]

Answer: $3.70

Explanation:

Earnings per share = Net income / Number of shares

Net income = Earnings per share * Number of shares

= 3.57 * 53,000

= $189,210

The number of shares that Green Thumb bought back is:

= Stock repurchase amount / Market price of shares

= 117,000 / 63.57

= 1,840 shares

After the repurchase the number of shares is:

= 53,000 original shares - 1,840

= 51,160 shares

New EPS = 189,210 / 51,160

= $3.70

6 0
3 years ago
Benjamin, a military officer, strongly believes that a soldier has to do whatever it takes to protect his or her country. In the
Nastasia [14]

Answer: Post conventional level

Explanation:

 The Benjamin are at the post conventional level of the moral development  as, the post conventional profound quality is the most worthy phase of profound quality in Kohl berg's model, where people have built up their very own arrangement of morals and ethics that they use to drive their conduct.

Post conventional level is the third and last degree of Kohl berg's ethical improvement scientific categorization where people enter the most abnormal amount of spirit advancement.

Therefore, post conventional level is the correct option.

3 0
3 years ago
Suppose you enter into a 9-month long forward contract on a non-dividend-paying stock when the stock price is S0 = $125 and the
Vladimir79 [104]

Answer:

<u>Future Price</u>

F0: 126.89

F3: 113.13

F4: 113.41

<u>Value of the contract:</u>

a) zero (by definition)

b) -13

c) -13

Explanation:

<em>forward price:</em>

F = S (1+r)^{n}

being S the spot rate

time 9 months and

rate 2% <u>continuous componding</u>

As the rate is continuous we calculate using the e number instead:

F = S e^{rn} +cost

F = 125 e^{0.02 \times 9/12}

F = 125 x 1.015113065

F = 126.8891331 = 126.89

<u>3th month into the contract:</u>

F = 112 e^{0.02 \times 6/12}

F = 113.1256187 = 113.13

<u>4th month</u>

F = 112 e^{0.025 \times 5/12}

F = 113.4087866 = 113.41

<u>value of the contract</u>

at third month:

Vt = St - F0

Vt = 112 - 125 = -13

at fourth month

Vt = 112 - 125 = -13

3 0
3 years ago
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