Garvey purchased BSSC because he wanted to give black people a chance to be employed and make a difference in their world. At the time, many black people were left out of the economy and overlooked. This was a way to give them economic independence and a voice.
Answer:
A. $19,034
Explanation:
The computation of the present value for 20 years cash flow is shown below:
For the First 10 years
Given that
Payment for first 10 years = $2,000
Discount rate = 11%
Now the present value is
= $2000 ÷ 1.11 + $2,000 ÷ 1.11^2 +...........+ $2,000 ÷1.11^10
= 11,778.46402 ..............(1)
For the Next 10 years
Given that
Payment for next 10 years = 3,500
Discount rate = 11%
Now the present value is
= $3,500 ÷ 1.11 + $3,500 ÷ 1.11^2 +...........+ $3,500 ÷ 1.11^10
= 20,612.312
So, today present value is
= $20,612.312 ÷ 1.1110
= 7,259.339 ...........................(2)
Now
Total present value is
= $7,259.339 + $11,778.46402
= $19,034
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
Answer:
The correct option is D,file quarterly and annual financial reports with the SEC
Explanation:
Accredited investor are high net worth businesses or individuals who trade in securities that are not registered with Securities and Exchange Commission,Ellison Fiber Optics does not require accredited investors as it is publicly traded company registered with SEC.
Insider dealing is an offence the world over,hence the company can be condoned by SEC for taking part in insider dealing.
Company like this are mandated to file returns quarterly and annually.