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3 years ago

Which of the following is likely to occur as a result of new legislation regarding automobile safety

Business

1 answer:

r-ruslan [8.4K]3 years ago

4 0

Answer:

The Department of Transportation will be given discretionary authority to create auto regulations.

Explanation:

The Supreme Court does not have to review legislation annually, they actually only need to review legislation if a case gets there.

Automobile safety standards are set by the federal government, not the state governments, and these type of legislation has nothing to do with the federal budget.

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Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into business for himself as a ce

user100 [1]

Answer:

a. $125 per month

b. $10,300 per month

Explanation:

Data provided in the question

Paid amount as a corporate accountant = $10,000

Renting cost = $300

Purchase of office supplies = $75

Monthly electric bill = $50

The computation is shown below:

a. Explicit cost

Explicit cost = Purchase of office supplies + increase in monthly electric bill

= $75 + $50

= $125 per month

b. Implicit cost

= Paid amount as a corporate accountant + renting cost

= $10,000 + $300

= $10,300 per month

5 0

3 years ago

Jim organized and operates Jim's Landscape Service. Jim did not do anything formal to create his business, but operates the land

Anni [7]

Answer:

sole proprietorship

Explanation:

sole proprietorship is a type of business which is owned and managed by one person and there is no legal difference between owner and business entity itself.

Since in this case business is under the name of Jim, it is sole proprietorship under the law

8 0

3 years ago

Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price

Bad White [126]

Answer:

a. 10.60%

b. 3.53%

Explanation:

a. Calculate the yield on the repo if it has a 5-day maturity.

Profit = $34,000,000 − $33,950,000 = $50,000

Using 360 days a year, we have:

Yield on the repo = ($50,000/$33,950,000)*(360/5) = 0.1060, or 10.60%

b. Calculate the yield on the repo if it has a 15-day maturity.

Using 360 days a year also, we have:

Yield on the repo = ($50,000/$33,950,000)*(360/15) = 0.0353, or 3.53%

3 0

3 years ago

When the price of football tickets increases, the substitution effect decreases the number of tickets bought from?

adell [148]

It will bought from higher quantity to lower quantity
When the price of the tickets increases, a number of people who can buy it will decrease which resulted in lower quantity of the total sales.
The only consumer segments that wouldnt be affected by the price changes probably only the loyal fans that basically will follow their teams wherever they go.

8 0

3 years ago

Assume that you manage a $10.00 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk-free rate is 4

Svetradugi [14.3K]

Answer:

The required rate of return on new portfolio is 8.83%. So, option a is the correct answer.

Explanation:

To use the CAPM approach to calculate the new required rate of return, we first need to determine the beta for the new portfolio.

Portfolio beta is the weighted average of the individual stock betas that form up the portfolio. The weightage is assigned based on the investment in the stocks as a proportion of the total investment.

Total investment in new portfolio = 10 + 5 = 15 million

New portfolio beta = 10/15 * 1.05 + 5/15 * 0.65

New portfolio beta = 0.9167

We need to calculate the market risk premium, using the old required rate of return, to use in CAPM.

r = rRF + Beta * rpM

0.095 = 0.042 + 1.05 * rpM

0.095 -0.042 = 1.05rpM

(0.053) / 1.05 = rpM

rpM = 0.05047 or 5.047% rounded off to 5.05%

The new required rate of return using CAPM,

r = 0.042 + 0.9167 * 0.0505

r = 0.08829 or 8.829% rounded off to 8.83%

5 0

3 years ago