Total cost for the trip = $800.
Let x = original number of friends.
Therefore the equally shared cost of the trip for each friend is $800/x.
After 2 friends drop out, the cost for each friend increases to $800/(x-2).
The increase in cost for each remaining friend is $20, therefore
Divide through by 20.
Cross multiply.
x(x - 2) = 80
x² - 2x - 80 = 0
(x + 8)(x - 10) = 0
x = -8 or 10
Reject x = -8 because we cannot have a negative number for friends.
x = 10
Answer: There were 10 friends in the original group.
Answer:
C.
Explanation:
Economic globalization is a historical process, the result of human innovation and technological progress. It refers to the increasing integrations of the economies arround the world, particularly through the movement of goods, services and capital across borders.
Is foundamentally the integration of various political, economic and cultural systems. The conversion and interconnection of people, places and ideas that collectively transforms the economy and increases the productivity and growth of businesses.
Question Completion with Options:
A) The man is not entitled to a refund, however, he may request that the $200 be applied to his down payment.
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
C) He is entitled to a refund of $100 if requested within 45 days of the contract date.
D) He is entitled to a refund of $150 if requested within 30 days of the contract date.
Answer:
The statement that applies to this situation is:
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
Explanation:
The Florida real estate laws provide that any real estate company that furnishes rental information to a prospective tenant for a fee must provide the prospective tenant with a receipt. The receipt should contain the repayment provision, which can be made under specified conditions. However, the young man is expected to make his demand for a return of any part of the fee within 30 days from the date of the broker/sale contract.
Answer:
The correct answer is E. Initial public offering.
Explanation:
An Initial Public Offering (IPO) is an equity offering where a <u>private company</u> or '<u>issuer</u>' decides to <em>go public for the first time</em>. This is a big step for companies to raise capital through public investors, get access to better and more credit and further grow a company. To go through with an IPO, a company must meet the requirements of the Securities and Exchange Comission (SEC).
The process is made with the help of one or more <u>investment banks</u> that act as <u>underwriters</u>. Underwriters take care of the offering from the beginning to the end of the IPO by preparing documentation, providing proposals on selling price, amount of shares & timeframe for the market offering, marketing campaigns and going through the issuing process.
