Answer:
The $300 of out of pocket expense exceeds the MSRB political contribution limit and will result in the municipal securities firm being banned as an underwriter for that issuer for 2 years.
Explanation:
The municipal securities firm is is underwriter for municipal issuer. The volunteers have paid $300 out of pocket but they are not entitled to make contribution to the campaign. This will result the firm being banned for two years as an underwriter for the issuer.
The business life cycle corresponds to the stages that a business goes through throughout its existence in the market, which are existence, survival of the fittest, success, take-off and maturity. The correct sequence for this question is C B D A E.
<h3>Maturity</h3>
The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.
<h3>Takeoff</h3>
Expansion strategies are implemented, and investment is balanced with potential.
<h3>Existence</h3>
The business introduces itself to the market and attempts to catch the attention of potential customers.
<h3>Success</h3>
Company is stable and profitable.
<h3>Survival of the Fittest</h3>
Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.
Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.
The correct answer is:
C. Maturity
B. Takeoff
D. Existence
A. Success
E. Survival of the Fittest
Find out more information about business life cycle here:
brainly.com/question/25754149
Answer:
D.administered distribution system.
Explanation:
Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.
So, the dollar price of the jeans is the nominal variable, and the relative price is the real variable. The relative price of the jeans have been adjusted to inflation. The dollar price hasn't been adjusted for inflation, hence why it is the nominal variable (not adjusted for inflation).
Answer:
WACC = 10.868%
Explanation:
The following data table will show the easiest way to calculate weighted average cost of capital.
Capital components Investment ($) Weight
Debt Capital (Wd) 230,000 230,000 ÷ 570,000 = 0.40
Equity Capital (We) 320,000 320,000 ÷ 570,000 = 0.56
Preference capital (Wp) 20,000 20,000 ÷ 570,000 = 0.04
Total Investment $570,000 1.00
We know,
WACC = [Wd × Kd (1 - T)] + [Wp × kp] + [We × ke]
Given,
Kd (1 - T) = 9.6% × (1 - 0.25) = 7.2%
kp = 10.7%
ke = 13.5%
WACC = [0.40 × 7.2%] + [0.04 × 10.7%] + [0.56 × 13.5%]
or, WACC = 2.88% + 0.428% + 7.56%
Therefore, WACC = 10.868%
