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2 years ago

According to the Katznelson text, large corporations have disproportionate political power mainly because ___.

Business

1 answer:

sergeinik [125]2 years ago

5 0

Answer:

d. the well-being of everyone as measured by jobs and income depends on the investment decisions and the profits of private firms

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Why would anyone select a bank that has unfavorable overdraft policies

OlgaM077 [116]

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

6 0

2 years ago

The stock of Business Adventures sells for $50 a share. Its likely dividend payout and end-of-year price depend on the state of

Delvig [45]

Answer:

Holding period return = 14.49%, Standard Deviation = 11.08 approx

Explanation:

Eco Scenario Dividend Stock Price HPR Prob Expected HPR

Boom 3 60 26 0.33 8.58

Normal 1.2 58 18.4 0.33 6.072

Recession 0.75 49 (0.5) 0.33 (0.165)

Expected HPR 14.49%

Calculation Of Standard Deviation

(A) (B) (A) - (B)

$P_{1}$ $P_{0}$ $D_{1}$ Given return Exp return d p $p.d^{2}$

60 50 3 26 14.49 11.51 0.33 43.718

58 50 1.2 18.4 14.49 3.91 0.33 5.045

49 50 0.75 (0.5) 14.49 14.99 0.33 74.15

Total $p.d^{2}$ = 122.91

wherein, d = deviation

p = probability

Standard Deviation = $\sqrt{Total\ p.d^{2} }$ = $\sqrt{122.91}$ = 11.08

Working Note:

Holding period return = $\frac{P_{1}\ -\ P_{0} \ +\ D_{1} }{P_{0} }$

Boom = $\frac{60\ -\ 50 \ +\ 3 }{50 }$ = 26%

Similarly, for normal = $\frac{58\ -\ 50 \ +\ 1.2 }{50 }$ = 18.4%

Recession = $\frac{49\ -\ 50 \ +\ 0.75 }{50}$ = (0.5)%

figure in bracket indicates negative return

7 0

3 years ago

Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest

Marizza181 [45]

Answer:

Widmer's Cash Budget for January, February, and March

January:

Opening Balance - $15,000

Cash Receipts - $30,000

Less Payments - $38,500

Difference - $6,500

Loan - $8,500

Closing Balance - $15,000

February:

Opening Balance - $15,000

Cash Receipts - $87,000

Less Payments - $85,000

Less Interest on loan -$85

Difference - $16,915

Loan Repayment- $1,915

Closing Balance - $15,000

March:

Opening Balance - $15,000

Cash Receipts - $85,000

Less Payments - $65,000

Less Interest on loan -$65.85

Difference - $34,934.15

Loan Repayment- $6,585

Closing Balance - $28,349.15

Explanation:

In January, $6,500 cash balance necessitated the taking of a loan of $8,500 in order to bring it to $15,000 required minimum.

In February, 1% interest was paid on $8,500 loan. This gives $85. Part of the loan ($1,915) was repaid to maintain the cash balance at $15,000.

In March, the interest on loan was 1% on $6,585 $(8,500 -1,915) or the loan balance. This gives $65.85 as interest paid. The loan balance was also repaid because of the excess cash balance.

3 0

3 years ago

Unique corp. had 50,000 shares of $5 preferred stock, $100 par, and 100,000 shares of $1 par common stock outstanding throughout

goldenfox [79]

50,000 x 5 = $250,000 Preferred Dividends
(780,000 - 250,000) / 100,000 =
b.$5.30

5 0

3 years ago

According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo

professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

Explanation:

To thrive in the competitive world of business one has to have ethics in doing business. By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues to the investors take taken a dent by doing an unethical thing.

6 0

2 years ago