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gulaghasi [49]
4 years ago
12

The interstate commerce commission was created in 1887, but it was mostly ineffective until the 1900s. what was the main reason

for this?
Business
1 answer:
Vikentia [17]4 years ago
3 0
Interstate Commerce Commission 
* created in 1887.
* its purpose was to regulate railroad by ensuring fair rates and ending rates discrimination

Its initial implementation was not successful because this law was not granted adequate enforcement powers. Its early years were filled with court litigation by parties who challenge its purpose and powers. 
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Dabney Electronics currently has no debt. Its operating income is $20 million and its tax rate is 40%. It pays out all of its ne
ValentinkaMS [17]

Answer:

$29 per stock

Explanation:

WACC=PBIT*(1-tax)/Market value of firm

10%=$20,000,000*(1-40%)/Market Value of the firm

Market Value of the firm=$20,000,000*60%/10%=$120,000,000

Stock price for all shares=$120,000,000*60%=$72,000,000

Stock price per share=$72,000,000/2,500,000=$29 per share

6 0
4 years ago
A sectarian school is
xxMikexx [17]
It is like a Chriatain school or Islamic school.... religious schools
5 0
4 years ago
Closing prices of two stocks are recorded for 50 trading days. The sample standard deviation of stock X is 4.638 and the sample
White raven [17]

Answer:

a) The correlation coeffcient is given by:

r = \frac{Cov(X,Y)}{S_x S_y}

And replacing we got:

r = \frac{-36.111}{4.638 *9.084}= -0.857

b) For this case we can conclude that we have a strong, negative linear association between the two stock prices.

Explanation:

Part a

For this case we have the following info:

s_x = 4.638 represent the sample deviation for the variable X

s_y = 9.084 represent the sample deviation for the variable Y

Cov(X,Y)= -36.111 represent the covariance between the variables X and Y

The correlation coeffcient is given by:

r = \frac{Cov(X,Y)}{S_x S_y}

And replacing we got:

r = \frac{-36.111}{4.638 *9.084}= -0.857

Part b

Describe the relationship between prices of these two stocks.

For this case we can conclude that we have a strong, negative linear association between the two stock prices.

5 0
3 years ago
Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business)
ehidna [41]

Solution :

QBI           300000        W-2 wages      40000

Taxable    3814000      QBP                 10000

income

                                      W-2 limit

Phase                           greater of

out MFJ

Start          315000      50% of W-2       20000

Finish        415000    or 25% of W-2     10250

                                  + 2.5% of QBP

                                  Selected             20000     Being higher      As part 1

Taxable income above phase out

$\frac{381,400-315000}{100000}$        66%

Now applying gross deduction and phase out

Gross deduction        Being 20% of QBI      = 66000

Less : wage limit of QBI                                 - 20000

Phase out %                                                     x 66%

Phase out amount                                           30,360

Final deduction = gross deduction- phase out amount

                         = 66,000 - 30,360

                         = 35,640

8 0
3 years ago
Bruce is considering the purchase of a restaurant named Hard Rock Hollywood. The restaurant is listed for sale at $1,090,000. Wi
patriot [66]

Answer:

$1,048,269.38

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $1-,090,000

Cash flow in year 1 = 89,000

Cash flow in year 2 = 89,000

Cash flow in year 3 = 89,000

Cash flow in year 4 = 89,000

Cash flow in year 5 = 89,000

Cash flow in year 6 = 89,000

Cash flow in year 7 = 99,000

Cash flow in year 8 = 109,000

Cash flow in year 9 = 119,000

Cash flow in year 10 = 129,000 + $1,190,000

I = 10 %

NPV = $1,048,269.38

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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