Answer:
13
Explanation:
Modified duration of stock = (1 + Growth rate) / (Effective rate - Growth rate)
Modified duration of stock = (1 + 4%) / (12% - 4%)
Modified duration of stock = (1 + 0.04) / 0.08
Modified duration of stock = 1.04 / 0.08
Modified duration of stock = 13
So, the modified duration of this share of the stock is 13.
Answer:
The direct materials cost variance is $25,900 unfavorable
Explanation:
The formula to compute the direct materials cost variance is shown below:
Direct material cost variance = Standard cost - Actual cost
where,
Standard cost = Number of pounds used for direct material × direct material pound per unit
= 7,000 pounds × $11
= $77,000
And, the actual total material cost is $102,900
Now put these values to the above formula
So, the value would equal to
= $77,000 - $102,900
= $25,900 unfavorable
Answer: prohibits reprisals against whistleblowers by their superiors.
Whistleblowers are persons, who report illegal activities by an employer, government or organization. Since whistleblowers may risk retaliation from these groups for disclosing such information, a state and federal protection act for whistleblowers (WPA) was created to protect them. The act prohibits reprisals against whistleblowers by their superiors.
Answer:
4-Firm Concentration ratio = 20%
Explanation:
Each firm has equal share
That means 100% share of the industry is divided equally among the 20 firm
Share of 1 firm = 100/20 = 5%
4-Firm Concentration ratio = Share of 1 firm * Number of firm
4-Firm Concentration ratio = 0.05 * 4
4-Firm Concentration ratio = 0.2
4-Firm Concentration ratio = 20%
Answer:
Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.
Explanation:
A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.
Examples of venture capitalist are
Investment banks, pension funds, insurance companies etc.
Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.