Answer:
Rooms will be hard or impossible to find.
Explanation:
Price controls are implemented by government to reduce adverse price increase on the consumer. Suppliers can use situations such as disaster to raise prices and make more profit.
Price gouging occurs when the price of a good is increased as a result of shortage.
If the government implements price controls, suppliers will be unwilling to give out rooms at lower prices. This results in scarcity of rooms.
Eventually because of high demand, some consumers will pay more for rooms using black market channels.
Answer:
Delgado will classify the stock on his balance sheet as a long term investment.
Explanation:
A long term investment is an asset owned by a company and which it hopes to keep for more then a year.
Long term investments are recorded on the asset side of balance sheets and they can be in form of land, bonds, stocks, machinery, and so on.
The opposite of long term investment is short term investment where an asset is kept for less than a year.
Answer:
Sally's act is termed as hacking.
Explanation:
As Sally has accessed the database and used illegal means, this is termed as hacking. As per the Merriam Webster definition of hacking, hacking is the act of gaining illegal access to (a computer network, system, etc.).
Thus the definition of hacking is applicable to Sally's act here.
Answer:
Explanation:
a.)
ROE in full is return on equity. It is used to determine return that investors receive from providing capital in form of shares to a company. In this case, it is calculated by dividing Starbucks' 2015 net income by the total shareholders equity.
ROE = Net income / total equity
ROE = $2,757.4 million / $5,818 million
ROE = 0.4739 or 47.39% as a percentage
Return on equity is therefore 47.4%
b.)
When a company repurchases shares, it means that it is buying back the shares from the shareholders. This can happen when the financial managers think that the company shares are undervalued. The net effect of a buy-back is a reduction in the number of shares outstanding hence in the above formula for ROE, when the denominator (total equity) value is small, the ROE will increase.