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kolbaska11 [484]
3 years ago
13

The illegal and unethical practice of providing old (or early) investors above-average returns on their investment with funds ra

ised from new (or late) investors in the absence of any real business operation to generate profits is referred to as the _____.
Business
1 answer:
Arada [10]3 years ago
6 0

Answer:

Ponzi scheme

Explanation:

Ponzi scheme is a fraud investment strategy that promises to pay a substantial sum of returns. In a Ponzi scheme, generate income for the old investor by using the money of the newest investor and this chain goes on. This is basically a fraudulent scam or investment strategy to get a significant amount of money. Ponzi scheme is similar to pyramid strategy both are based on using new investor’s fund.

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Cushman company, inc. had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods
natka813 [3]
115,000 is your answer all you have to do is take the sales and subtract the expenses 
5 0
3 years ago
Read 2 more answers
If Wesley Corporation has 80,000 shares of common stock authorized. 50,000 shares of common stock issued, and holds 12,000 share
Vesna [10]

Answer: E. 18,000

Explanation:

Wesley Corporation has 80,000 shares of common stock authorized. This the total amount of common stock that is available for sale by the company.

Only 50,000 shares of common stock were issued and 12,000 shares of common stock as held as treasury stock.

Then the total number of outstanding shares of Wesley Corporation amounts to 80,000 - 50,000 - 12,000 = 18,000

5 0
3 years ago
Radio:What is an example of a long-term liability?
Alex Ar [27]
In accounting, the long-term liabilities<span> are shown on the right wing of the balance-sheet representing the sources of funds, which are generally bounded in form of capital assets. Examples of </span>long-term liabilities<span> are debentures, mortgage loans and other bank loans.


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7 0
3 years ago
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Choose all that apply.
denpristay [2]

reasons:

safe

high interest rates

no fees

5 0
3 years ago
Thayer Farms stock has a beta of 1.38. The risk-free rate of return is 3.87 percent, the inflation rate is 3.93 percent, and the
KATRIN_1 [288]

Answer:

Cost of Equity  16.33%

Explanation:

We solve for this using CAMP:

Ke= r_f + \beta (r_m-r_f)

risk free = 0.0387

premium market = (market rate - risk free) 0.0903

beta(non diversifiable risk) = 1.38

Ke= 0.0387 + 1.38 (0.0903)

Ke 0.16331 = 16.33%

We are given with the risk free rate of return and the market premium already so we just need to plug into the formula to solve for the expected return on the stock.

8 0
3 years ago
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