Answer:
B. The Sherman Act allows the US government to regulate activities that restrain competition and trade
Explanation:
The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.
The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.
Answer: 1.9%
Explanation:
The risk premium is the return that an investment offers over the risk free rate in the market.
The risk free rate is the return on the U.S. Treasury bill in the same period:
Average risk premium = Return on long term corporate bond - Return on U.S. T-bill
= 6.1% - 4.2%
= 1.9%
Chief operating officers (COO) and chief financial officers (CFO) must verify in writing the accuracy of their corporation's financial statements.
Answer: D)
<span>The total revenue they earned from selling the football tickets is $1,200,000.
As a result, they should debit cash for $1,200,000 and credit for unearned revenue for the same amount.</span>
Answer:
The future price of Silver is $26.14
Explanation:
First we compute Total storage costs(Tsc) in the future given by the equation:
T<em>sc</em> = (S<em>c</em>/4) * [ 1 + exp(-rT<em>1</em>) + exp(-rT<em>2</em>) ]
where Sc is the storage cost today
where r is the rate
S<em>c</em> = $0.24
T<em>1</em> = 3/12
T<em>2</em> = 6/12
r = 5%=5/100
= 0.05
Tsc = (0.24/4) [ 1 + exp(0.05*3/12) + exp(0.05*6/12) ]
Tsc = 0.06 [ 1 + exp(-0.05×0.25) + exp(-0.05×0.5) ]
Tsc = 0.178
The future price( Fv) is given by:
Fv = (Sp+ Tsc) *exp(rt)
where Sp is the spot price of silver
where r is the interest rate
where t is the delivery time ratio (9 months compared to 12 months)
Sp = $25
r = 5%
= 5/100=0.05
t = 9/12
=0.75
Fv = (25. 000+0. 178) * e
xp(0. 05×0 .75
)
Fv = $26. 14
