Answer:
48.00%
Explanation:
For computing the debt to capital ratio, first we have to determine the equity value and debt value which is shown below:
Equity value = Number of outstanding shares × stock price per share
= 5.2 million shares × $12
= $62.4 million
We know,
Total capital = Debt + equity
$120 million = Debt + $62.4 million
So, the debt would be
= $120 million - $62.4 million
= $57.6 million
Now the debt to capital ratio would be
= $57.6 million ÷ $120 million
= 48.00%
<span>Having a nominal interest rate less than 0 would mean that a depositor pays a bank to hold its money. If the annual nominal interest rate is negative 1 percent, a deposit of $1000 dollar would come out $10 dollar short the following year which is why someone with dollar bills will never agree to loan with a nominal interest rate that is negative percent.
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Answer:
high degree of social stratification
Explanation:
"Individualism" refers to<em> a political philosophy that centers on the worth or importance of an individual rather than the society as a whole.</em>
When it comes to the Western societies, such as <em>the USA</em>, competitive individualism characterizes the structure of their social organization. This results to <u>a high degree of social stratification.</u> This means that people are ranked or grouped according to their power or wealth and classes or ranking. These people in the upper classes have a greater access to many resources compared to those in the lower classes. They believe that people in the upper classes or ranks achieve such economic success because of their diligence and hard work.
Inside.
If the economy is inefficient, its actual output combination will lie inside the production possibilities curve. This curve represents the opportunities for production in a given economy with the most efficiency being gained by producing along the curve. Any points within or inside the curve are considered inefficient, whereas points outside the curve are considered unavailable or inaccessible without changes in technology or innovation.
The policy would be an example of DISPARATE TREATMENT DISCRIMINATION. Disparate treatment discrimination refers to unlawful, intentional employment discrimination as a result of one's race, gender or religion. It involves unequal behaviour toward someone because of a protected feature.