Answer:
The correct option is C,the funds have a positive cost that is less than new equity issues.
Explanation:
Retained earnings have costs attached to it because the common stockholders expect that the company would use its retained earnings effectively such that is able to pay dividends at year or in such a way that the company's stock share price appreciates(capital gains yield)
However, the cost of retained earnings is lower when compared with new equity issues since the new issue would require issue costs such as regulatory fees as well as underwriter's commission.
Answer:
Clarity
Explanation:
Employment-at-will is the situation whereby an organization enters into a contractual relationship with an employee stating that they can be dismissed by the organization for any reason even without warning on the condition that the dismissal is not Illegal. Thus, to prove a wrongful dismissal based on public tort exception to employment at will is clarity.
An <u>inferior good.</u>
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For inferior goods, when income rises demand falls.
Answer:
$20.94
Explanation:
first we must determine the present value of the the 3 rent amounts:
PV = $20/1.1 + $21/1.1² + $22/1.1³ = 52.07
then you need to calculate the payment considering the following values:
- principal = $52.07
- n = 3
- i = 10%
using a loan calculator payment = $20.9381 ≈ $20.94
