Answer: C
Explanation:
dividing a company's current stock price by its earnings per share (EPS)
45/2.25=20
You will need a law degree
Answer:
immediately challenge the rule by filing a complaint with the administrative agency.
Explanation:
Since the new rule is affecting it's business by increasing cost andaking paperwork cumbersome, Al's Car Shack can file a complaint with the administrative agency stating it's case.
There is no dispute yet so there is no need to challenge the rule in court at this time.
If the administrative agency cannot settle with Al's Car Shack the case may go to court.
Answer:
Commercial Paper.
Explanation:
A commercial Paper is an unsecured and negotiable money market instrument issued in the form of a promissory note. Are issued by companies to raise short term funds for meeting working capital requirements.
Benefits to the issuer:
-low interest expenses
-access to short term funding
-flexibility and liquidity
-investor recognition
-ease and low cost of establishment
-no collaterals
Benefits to the investor:
-higher yield
-portfolio diversification
-flexibility
-liquidity