Because it was high school. Right?
Answer:
outstanding, $1,000 par value, 30 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. Common stock: 440,000 shares outstanding, selling for $62 per share; the beta is 1.05. Market: 11 percent market risk premium and 5.2 percent risk-free rate. What is the company's WACC
Answer: $46666.67
Explanation:
From the question, we are informed that Henri earned a salary of $50,000 in 2001 and $70,000 in 2006 and that the consumer price index was 177 in 2001 and 265.5 in 2006.
For us to calculate Henri's 2006 salary in 2001 dollars, we have to multiply Henri's 2001 real salary by the price in 2001. This will be:
= (70000/265.5) × 177
= $46666.67
Answer: the correct answer is d. Both of theses choices are correct.
Explanation:
Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold is a weighted average of the purchase cost of all units and is costed the same as the ending inventory, that is using a weighted average of the purchase cost of all units.
Answer:
1) Commerce and Due Process Clause
Explanation:
The Commerce Clause is not a law that limits how states can regulate commerce, but a power assigned to Congress so that it can regulate interstate commerce. The Dormant Commerce Clause prohibits states from passing legislation that regulates interstate commerce or international commerce, since only Congress has the power to do so. The dormant clause usually affects legislation that discriminates against out of state businesses in favor of domestic businesses, but if the laws affects equally both domestic and out of state businesses, then there is usually no problem with it.
The Due Process Clause states that government entities must respect all the legal rights of a person or a legal entity (e.g. corporation). It prohibits that any government (federal, state or local) deprives a person of their life, liberty, or property without a due process (the property part applies to legal entities).