Answer:
Longard Corp.
The money that Longard Corp. receives is:
= $75 million.
Explanation:
a) Data and Calculations:
Number of shares issued = 5 million
Investment bank underwriter pays per share to Longard Corp = $15
Stock price to the public = $20 per share
Total amount received from the underwriter = $75 million ($15 * 5 million)
b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer. It then charges $5 per share (representing a total underwriting fee of $25 million). This is why it remits only $75 million to Longard Corp.
<em><u>The equation shows the relationship between her weekly salary (w), hours per week (h), and rate per hour (r) is:</u></em>
<em><u>Solution:</u></em>
Given that,
Alice earned $12 per hour
1 hour = $ 12
<em><u>Find the number of hours in 1 week</u></em>
1 day = 24 hours
1 week = 7 days
Therefore,
1 week = 7 x 24 = 168 hours
Let "h" be the hours per week
let "r" be the rate per hour
Let "w" be the rate per hour
From given,
r = $ 12
h = 168 hours
weekly salary = hours per week x rate per hour
Thus, she earns $ 2016 for 1 week
Answer: b) peoples' responses to financial incentives.
Explanation:
Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.
Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.
This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.
If Daniel took the cash, he could be found guilty of the crime of embezzlement. Embezzlement is a specific type of theft. It is when someone was entrusted with someone else's property (like an employer) and they steal some/all for their personal benefit.
Hope this helps! :)
