Answer:
Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy:
This is just a means of having a copy-write of company's email, it is the responsibility of the company to be liable for any discredit that comes with it
Explanation:
Answer:
$237,855
Explanation:
Opening inventory = $157,000
Purchases = $502,900
Sales revenue = $649,300
gross profit = 35% of sales
= 35% × $649,300
= $227,255
cost of goods sold = $649,300 - $227,255
= $422,045
Opening inventory + purchases - cost of goods sold = closing inventory
$157,000 + $502,900 - $422,045 = closing inventory
closing inventory = $237,855
An estimate of Coronado’s April 30 inventory that was destroyed by fire is $237,855
Answer:
The new price will be $38.57.
Explanation:
The initial price of 120,000 outstanding shares is $54.
There are no market imperfections or taxes.
The firm declares a dividend of 40%.
The new share price will be
= 
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= 
= 
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Answer: a. is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government
Explanation:
Federal income taxes are the taxes that are used in the provision of national programs like settling national debt, infrastructural development, national defense, law enforcement etc.
If an individual owns bonds that are issued by the city of Sacramento, California, it should be noted that the interest that is earned each year on these bonds is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government. Comparable bonds that are being issued by the United States government pay an higher interest.
Answer: 7.922%
Explanation:
Bank 1 lends at nominal rate of 8% and payments made is semiannually,
So,
Semiannual rate of bank 1 = 4%
Effective annual rate of Bank 1:
= 8.16%
If Bank 2 wants to maintain the same level of EAR at quarterly compounding:
Quarterly rate = 1.01980390271 - 1
= 1.980390%
Nominal annual rate for Bank 2 = Quarterly rate × 4
= 1.980390% × 4
= 7.9215% or 7.922%
