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NeX [460]
3 years ago
13

Because of the housing bubble, many houses are now selling for much less than their selling prices just two to three years ago.

There is evidence that homeowners with virtually identical houses tend to ask for more if they paid more for their houses. True or false: homeowners asking for a higher selling price are committing the sunk-cost fallacy.
Business
1 answer:
Vsevolod [243]3 years ago
8 0
Selling for much less than their selling prices just two to three years ago.
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Shaffer Corporation issued 180, $1,000, 10% convertible bonds in 2019 at face value. Each bond is convertible into 100 shares of
Vlad1618 [11]

Answer:

$1.71 per share

Explanation:

Earning per share is the per share rate of net earning for the period after deducting any preferred dividend. We use average common shares outstanding to calculate the Basic EPS. Formula for the Basic EPS is as follow:

Basic EPS = ( Net Income - Preferred Dividend ) / average common shares outstanding

As we do not have any preferred share, placing value in the formula

Basic EPS = ( $3,100,800 - $0 ) / 1,818,000

Basic EPS = $1.71 per share

The convertible bonds are incorporated in the calculation of diluted earning per share.

7 0
3 years ago
What is the importance of the Transportation sector in the Tourism Industry and it's impact to other industries ?
Strike441 [17]

Explanation:

importance of transport sector in tourism.??

the importance/ I live near GALENA TERRITORY, NW IL..

tourism stop in Galena, il..

many businesses depend on tourism../

downtown galena depends on tourism to make up for lost Income in off months in this area.

downtown Galena, .. advertises, ski areas, & other activities..2 draw in vacationers..

7 0
2 years ago
Refer to the data below to answer the following questions:
IgorLugansk [536]

Answer:

What share of U.S. total income in 2013 consisted of Wages and salaries?

The share = Wages and salaries /Total income * 100

The share = $8,868 / $16,800 * 100

The share = 0.5278571 * 100

The share = 52.79%

What share of U.S. total income in 2013 consisted of Corporate profits?

The share = Corporate profits /Total income * 100

The share = $1,686/$16,800 * 100

The share = 0.100357 * 100

The share = 10.03%

4 0
3 years ago
A Registered Investment Adviser (RIA) is formed as a partnership. The RIA intends to charge an incentive fee that is based on in
hram777 [196]

Answer:

Explanation:

NASSA rules are set of laws enacted to guide the administration of business and trading activities. Some of the NASAA are protection of vulnerable adults from financial exploitation and guides against unethical practices by investment advisers.

NASSA rules does not forbid RIA from charging an incentive fee based on investment performance, however , it must be able to prove that the fee charged is fair , reasonable and affordable by the customer , in as much as the customer is not being financially exploited.

4 0
3 years ago
Read 2 more answers
Debt management ratios measure the extent to which a firm uses financial leverage and the degree of safety afforded to . They in
Ket [755]

Answer:

The 1st ratio examines debt by observing at the company's balance sheet, whereas the other two ratios examine debt by observing at the company's income statement. Thus, debt-to-total-assets ratio processes the %age of assets delivered by debt in order to fund total assets. The computed equation will be: (Total long term debt + Total short term debt) / Total assets). The high debt ratios that overdo the business average might create it expensive for a company to borrow the extra funds without initial raising for more equity. The period’s interest received ratio processes the degree to which the income can fall before the company is incapable to meet its yearly interest expense expenditures. However, the computed equation is EBIT / total interest payable: EBIT is used as the numerator as it is funded with pretax dollars.  The company’s capability to pay will not be affected by the taxes. The EBITDA analysis ratio is EBITDA / total interest: This proportion is more comprehensive than the TIE proportion because it identifies that depreciation and payback are not expenses, so these aggregates are accessible to service debt, and lease expenses and principal refunds are fixed expenses.

8 0
3 years ago
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