Answer:
a. NAV = 8 per share
b. 250.000 shares
c. 7.95
Explanation:
a. NAV = Market value of shares/number of shares = $8m/1m = $8 per share
b. At the current NAV, it can absorb up to $2 million, or 250,000 shares.
c-1. Its loss by selling 25,000 shares of IBM at $34 instead of $36 = -$2 x 25,000 = -$50,000.
New NAV = $7,950,000 /1m = $7.95
An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume must be "4".
<h3>
What do you mean by Marginal Propensity to consume?</h3>
The marginal propensity to consume is refers to as the proportion of any change in income that is spent on consumption.
In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.
Calculation:
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A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a <u>Statutory broker.</u>
<h3>What is a Statutory broker?</h3><h3 />
A statutory broker refers to a broker or a salesperson that is able to assist the parties in a transaction even though they are not an agent for either of the parties in the transaction.
Statutory brokers have regulations that they must follow however and in certain states, they need to be residents of a state.
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IS TRUE ,Title VII of the Civil Rights Act provides employees with a statutory right to complete religious freedom in the workplace.
<h3>Does Title VII apply to religion?</h3>
Title VII of the Civil Rights Act of 1964 prohibits employment discrimination based on religion. This includes refusing to accommodate an employee's sincerely held religious beliefs or practices unless the accommodation would impose an undue hardship (more than a minimal burden on operation of the business)
Title VII also prohibits workplace or job segregation based on religion (including religious garb and grooming practices), such as assigning an employee to a non-customer contact position because of actual or feared customer preference.
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Answer:
$119.97
Explanation:
Given,
The weekend daily rate for the rental cost = $39.99
Total number of days = Friday morning, Saturday, and Sunday = 3 days
The rental cost for renting Cleoca's car for the weekend = Number of weekend days × the weekend daily rate for the rental cost
The rental cost = $39.99 × 3 days
The rental cost = $119.97
Therefore, her rental cost for renting the car is $119.97 for the weekend.
