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2 years ago

On Michigan state waters, which power-driven vessels are required to carry a whistle on board?

1 answer:

eduard2 years ago

6 0

In times of less perceptibility or when a vessel operator needs to signal his intention or position a sound producing device is essential. If on state waters, Vessel 16 feet up to 26 feet long and engine power must have a whistle proficient of generating a blast of two seconds or more and audible for at least one half mile is obligatory and vessel 26 feet long or longer and under engine power must have a whistle proficient of making a blast of two seconds or more and audible for at least one mile is obligatory.If on federally controlled water, Vessel less than 65.6 feet long comprise PWCs must have a whistle or horn audible for at minimum one half mile is required and vessel 65.6 feet long or longer must have a whistle or horn and bell audible for at minimum one mile is required.

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Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in this preferred stock have a

umka2103 [35]

Answer: $75

Explanation:

Using the Gordon Growth Model:

Price of stock = Next year dividend / (Required return - growth rate)

Growth rate is 0% as dividend does not change per year.

Price of stock = 6 / 8%

= $75

7 0

2 years ago

Fincher, inc., has a total debt ratio of .82. What is its debt–equity ratio? (do not round intermediate calculations and round y

mario62 [17]

(a) Debt ratio = 0.82

Debt/ Assets = 0.82

Debt/(Debt + Equity) = 0.82

Debt = 0.82Debt + 0.82 Equity

0.18Debt = 0.82 Equity

Equity = 0.18Debt/0.82

Debt/Equity = Debt/(0.18Debt/0.82) = 4.5556

Debt/Equity = 0.82/0.18 =4.5556

Debt-Equity ratio = 4.56 times

(b) Equity Multiple = 1 + Debt-equity ratio

Equity multiplier = 1+4.56 = 5.56

Equity multiplier = 5.56 times

4 0

2 years ago

EcoAthlete determines that the target market for its running shoes is people who are environmentally conscious. It uses only env

Whitepunk [10]

Answer:

C) Lifestyle and Behavior

Explanation:

The reason is that Eco-Athlete is using its customer behavior and lifestyles to target a particular market segment which has common thinking and opinion about a particular item. In this case, Eco-Athlete is using Eco-friendly items because its customer are environmentally conscious which is their behavior that effects their lifestyle. So the company Eco-Athlete is basically using lifestyle and behavior dimension of market segmentation.

3 0

3 years ago

The following table shows the approximate income distribution for Croatia, Nicaragua, and Haiti in 2016. In particular, it shows

Semenov [28]

Based on the income shares of Croatia, Nicaragua, and Haiti, when it come to which nation has the most income, the answer is you cannot tell from this table.

<h3>Which nation has the most income?</h3>

The table simple shows the various percentages of the country's population that are earning a certain amount.

From this table alone, we cannot tell which nation has the most income.

We can infer however, that Croatia has the least income inequality based on the even spread of total income. Haiti then has the most income inequality.

Question is:

Which nation has the most income?

Croatia
Nicaragua
Haiti
You cannot tell from the table

Find out more on income inequality at brainly.com/question/24554155.

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5 0

1 year ago

Distinguish between positive and negative confirmations. Under what circumstances would positive confirmations be more appropria

Serhud [2]

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate.

<h3>What is the difference between negative and positive confirmations?</h3>

Only when the customer disagrees with the amount owed to the client is a negative confirmation requested. When an account has substantial individual balances or when errors are anticipated due to a high control risk, positive confirmations are typically used.

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate. The corporation that receives a negative confirmation is typically thought to have strict internal policies and business procedures. As a result, since auditors typically only need to send out one letter, negative confirmation is far less expensive and time-consuming for them.

Positive confirmation requests, on the other hand, are more complicated since financial documents must be provided, even if the information in the original letter was accurate. Additionally, if there are doubts about the accuracy of the company's books, positive confirmation requests are more likely to be used.

However, because it is more precise and makes sure that everyone is on the same page—or has the same financial information—a positive confirmation letter is more typical in complex transactions. For instance, auditors in lending employ affirmative confirmations from banks and businesses to determine the precise amount of a loan.

Because it is a specific request that the recipient has responded to, a positive confirmation typically represents the financial information better than a negative confirmation. A positive confirmation is tangible proof that the information was confirmed in the event of a disagreement.

To learn more about negative and positive confirmations refer to:

brainly.com/question/15908185

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7 0

1 year ago