Answer:
Jack
Explanation:
He is the one who twisted his ankle. It was not in the restaurant, so the restaurant is not in charge of it.
Answer:
3.45% (Approx)
Explanation:
Given:
NAV at ending = $14
NAV at starting = $14.50
Capital gain = $1
Computation of net rate of return :
Rate of Return = [(NAV at ending - NAV at starting + Capital gain) / ( NAV at starting)] × 100
= [($14 - $14.50 + $1) / ($14.5)] × 100
= [$0.50 / $14.5] × 100
= [0.0344827586] × 100
= 3.44827586%
= 3.45% (Approx)
Answer: The following statements is correct: <em><u>Bond covenants are designed to protect bondholders and to reduce potential conflicts between stockholders and bondholders.</u></em>
Bond covenants are considered to be part of the judicial bindings that forms up a bond, irrespective of the fact whether it is issued by a institution or the authorities. They are normally supposed to defend capitalist by rendering some certainty on the bond.
Answer: C. No, but he is liable for another $2 per share.
Explanation:
A stock is not to be issued below its par value as this is the lowest price that it is to be issued at. If a par value is $4 for instance, the stock cannot be issued for anything less than this $4.
In this scenario, the par value is $8 per share which means that Globule Inc. cannot issue this share for less than $8. Kirby in paying only $6, is still liable for $2 so that he can at least pay for the stock at its par value.
