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3 years ago

Consider the following statements:

Business

1 answer:

gavmur [86]3 years ago

4 0

Answer:

B : Department stores take steps to increase security since they believe it is more costly to allow shoplifting than to install expensive security monitoring equipment.

Explanation:

Shoplifting is a major headache to departmental stores and expensive security monitoring equipments may have a higher cost and set up expenses. However, in the long run this cost will justify the investment in controlling shoplifting which could cause losses of unpredicted proportion.

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When housing prices ________ as they did beginning in 2006 following the housing market bubble, most banks and other lenders tig

-Dominant- [34]

Answer:

"Fell" "Harder"

Explanation:

When housing prices fell as they did beginning in 2006 following the housing market bubble, most banks and other lenders tightened the requirement for borrowers, making it harder for potential home buyers to obtain mortgages.

6 0

3 years ago

On december 31, planet company acquired 80% of the voting common stock of star company by issuing 100,000 shares of its own comm

zavuch27 [327]

Answer:

Building with fair value of $150,000

Explanation :

In the consolidation work paper elimination, we eliminate the Equity or Net Identifiable assets that exist in Star Company at the Acquisition Date.

The Building with fair value of $150,000 was the only balance sheet item existing thus this is ultimately the Net Identifiable Assets that would be eliminated.

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3 years ago

A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you w

Semmy [17]

Answer:

9.14%

Explanation:

Tax exempt yield = 6.40% = 0.064

Marginal tax rate = 30% = 0.30

Equivalent taxable yield = Tax exempt yield / (1 - marginal tax rate)

Equivalent taxable yield = 0.064 / (1 - 0.30)

Equivalent taxable yield = 0.064 / 0.70

Equivalent taxable yield = 0.0914286

Equivalent taxable yield = 9.14%

3 0

3 years ago

What is Installment credit? <br> (In your own words, please and thank you!!! :)

QveST [7]

Installment credit is when you borrow a fixed sum of money and agree to make monthly.

5 0

3 years ago

Read 2 more answers

Digital Fruit is financed solely by common stock and has outstanding 37 million shares with a market price of $10 a share. It no

valentinak56 [21]

Answer:

Market price is unaffected by announcement

Explanation:

This question says that the company has announced intentions to issue $289 million of debt with intentions of buying common stock with proceeds

Price per share has been given as $10. The market price of the stock would not get affected by this announcement.

I have gone ahead to help you calculate the buyback, market value and debt ratio.

Buyback= $280/10 = 28 million shares

Market value = (37-28)*10 + 280 = 370 million

Debt ratio = 280/370 = 76%

3 0

3 years ago