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4 years ago

7

Assume you decide that you would like to open a restaurant in your community. Before taking the plunge, you go to work for a com

petitor, gleaning as much information as you can about what works and what doesn't. Is this ethical? Why or why not?

1 answer:

g100num [7]4 years ago

7 0

Answer: it is ethical if the restaurant is to be opened outside the community.

Explanation:

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"A registered representative is approached by the president of an investment club to buy an IPO being offered by the representat

natima [27]

Answer:

The investment club is not a restricted purchaser and may buy the IPO

Explanation:

In the financial market a restricted purchaser is someone that has has direct engagement in a business or who has affiliates that are directly engaged in the business that wants to sell securities.

In this scenario a restricted purchaser will be someone that has direct business engagement in the representative firm. Since this is not so the president of the investment firm is free to purchase the IPO.

An Initial Public Offering is when a companies decides to make its shares available to the public for the first time.

3 0

4 years ago

You are considering purchasing stock. The stock is expected to pay a dividend of $94 per share. The consensus of investors is t

Sliva [168]

Answer:

PV=1,175

Explanation:

this question can be solved thinking as if we have a perpetuity, it is a future infinite payments, but in this particular case we have those payments (dividends) increasing over the time, so we can apply the next formula:

$PV=\frac{94}{i-k}$

where PV is the present value of the future payments, i is the interest rate and k is the annual increasing, so applying to this data we have:

$PV=\frac{94}{0.12-0.04}$

$PV=1,175$

4 0

4 years ago

When pete mills went to withdraw $5,000 from the nationwide fidelity mutual fund, he was informed that the fund would charge 5 p

ki77a [65]

250$ is 5% of $5000
$5000 \times .05 = 250$

3 0

3 years ago

The inflation rate is 12 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 8

Alenkinab [10]

Answer:

False

Explanation:

economist Kenji supports contractionary monetary policy because he believes that expectations adjust quickly in response to changes in policy and the efforts made by fed( an decrease in government spending and/or an increase in taxes) will be worth and the costs of reducing inflation will be less.

Whereas economist Eric, thinks that change in money supply is not a good idea to reduce inflation as it will work very slowly.

8 0

3 years ago

Mint Co.'s cash balance in its balance sheet is $1,300,000, of which $300,000 is identified as a compensating balance. Additiona

Natasha2012 [34]

Answer:

Correct option is B Yes and Yes

Yes - Compensating shall be reported, And Restricted shall also be reported.

Explanation:

Compensating balance is the minimum balance to be maintained in the company's bank account as this is used by bank for offsetting loan, and used by company to set up the loan amount.

Restricted balance is a choice made by the company to not use the funds and use it later for company's growth or future projected, but still since it cannot be used it shall also be reported accordingly.

Therefore the company has the need to report such restricted balance also and compensating balance has to be reported as well.

Therefore correct option is B

Yes - Compensating shall be reported, And Restricted shall also be reported.

7 0

4 years ago