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3 years ago

Which of the following is an example of a non-profit organization?

Business

1 answer:

never [62]3 years ago

4 0

Answer: Salvation army

Explanation: Non profit organisations are those organisation, which perform their operation with the objective of social welfare or charity.

Salvation army is a charitable organisation having more than 1.7 million members all over the world, whom they refer to as soldiers. This organisation mainly serves to the poor and hungry.

Thus, we can conclude that the right option is D.

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Arthur Rabe is suing Xavier Sanchez for breaching a contract in which Sanchez promised to sell Rabe a Van Gogh painting for $150

OLEGan [10]

Answer:

Remedies

a. The suing party is called the plaintiff. The party being sued is the defendant. Therefore, since Arthur Rabe wants to sue Xavier Sanchez. Rabe is the Plainttiff and Sanchez is the Defendant.

b. If Rabe wants Sanchez to perform the agreement as promised, Rabe would seek remedy of Specific performance of Contract from the Court. Failure to do so will attract charges.

c. If Rabe wants the contract to be cancelled, then Rabe would ask the court for a rescission which is the cancellation of a contractual obligation.

d. The term remedies refers to a legal means to enforce a right or redress a wrong. Remedies of law include land, items of value or money. Remedies in equity includes specific performance, injunction and rescission. Thus, both remedies in part b and c are remedies in equity.

e. The party appealing a case is called the appellant or petitioner while the appellee is the party against whom the appeal is taken. So Sanchez would be the appellant and Rabe would be the respondent.

7 0

3 years ago

A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell f

victus00 [196]

Answer:

Call payoff = Max [0, Stock price - Strike price]

Call payoff = Max[0,25-20]

Call payoff = 5

Put payoff = Max[0, strike price - stock price]

Put payoff = max[0,20-25]

Put payoff = 0

Strike price = K = 20

Stock price = S = 25

interest rate = 10% = 0.1

Time to expiry = T = 3 months = 3/12 = 0.25

Put call parity: C + K*Exp(-r*T) = P + S

C = P + S - K*Exp(-r*T)

Call = 3 + 25 - 20*exp(-0.1*0.25)

Call = 28 - 19.5062 =

Call = 8.4938 > 3

So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.

4 0

3 years ago

Which of the following is not true of P/E ratios? (Ignore option e.) a. It is calculated by dividing the stock price by EPS b. I

Ede4ka [16]

Answer:

The correct answer is letter "D": All of the above are true.

Explanation:

The Price-to-Earnings (P/E) ratio represents the relationship between a company's stock share price related to its earnings per share (EPS). The P/E ratio can give investors an idea if a company's share price is undervalued or overvalued. Besides, P/E ratios of companies with similar businesses can be compared to measure firms' performances.

5 0

3 years ago

Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate

babunello [35]

Full question:

Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate calculations.)

Sales $ 687,900

Costs $442,800

Depreciation $115,400

EBIT $

Taxes (30%)

Net income $

OCF

What is the depreciation tax shield?

Answer:

Operating Cash Flow(OCF)= $206190

Depreciation tax shield = $34620

Explanation:

To calculate Depreciation tax shield:

Depreciation×tax rate= $115400×0.30=$34620

Operating Cash flow(OCF)= Earnings before interest and taxes(EBIT)+depreciation - income tax expense

So we calculate EBIT and Income tax expense

EBIT= Sales - cost of good sold - depreciation expense

= $ 687,900-$442,800-$115,400= $129,700

Income tax expense= (Sales - cost of goods sold - depreciation expense) × tax rate

=($687900-$442800-$115400)×0.30

=$38910

Therefore, Operating Cash flow(OCF)= $129,700+$$115,400-$38910= $206190

3 0

3 years ago

What information should be included in a 60 second interview commercial?

Kipish [7]

In a 60 second interview commercial you should include your strengths and qualifications that are most suited to the position you are pursuing. You should also use positive language and positive body language and behaviors. Personal information on the other hand should be avoided.

7 0

3 years ago