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madam [21]
3 years ago
13

Mike, an 18 year old male chose not to go to post-secondary school, but found a job working for a local lawn care business. Mike

's employer is a seasonal employer earns $8 an hour and works 40 hours per week. His employer does not provide any type of health insurance coverage. Mike has purchased a nice used truck upon graduation and currently makes payments on the vehicle. Mike has an apartment and lives with three other buddies. Mike was playing a game of pick-up basketball and injured his ankle. He has no insurance and will be unable to work for the next 6 weeks. What do we need to consider in this scenario and what are Mike's options?
Business
1 answer:
sergiy2304 [10]3 years ago
4 0
Mike will not be able to pay his bills. He will not be able to work with an injured ankle. Mike will live in a cycle of poverty at this rate. Mike needs to move back home with his parents & go back to school. While he is in school he will be able to be on his parents insurance while he gets his education. Then when he gets a degree he will be better suited to take care of himself & live on his own.
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Joseph Turner and Sons has 125,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is
Lunna [17]

Answer:

D. Tender offer

Explanation:

A. Rights offer

B. Secondary issue

C. Targeted repurchase

D. Tender offer

E. Private issue

We are informed about Joseph Turner and Sons who has 125,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurchase 25,000 of its shares. In this case the type of offer is the firm making is tender offer. Tender offer can be regarded as a kind of public takeover bid to all shareholders, so that they can sell out their shares at a specific price during a particular time.

It is usually made public, and this time the investors do give out higher price per share compare to the stock price of the company, which give room to shareholders in selling their own share.

5 0
3 years ago
After an analysis of political currents in Central and South America, you conclude that future coffee prices will be lower than
11Alexandr11 [23.1K]

Answer:

a. Short futures

b. $37,500

Explanation:

Since the price of the future coffee would be lower than the future prices so it would reflect the short futures, not the long futures

And, the impact would be

= Number of coffee pounds × number of contract position × coffee price per pound in cents

= 37,500 pounds × 10 × 0.10

= $3,7500

We simply multiply the coffee pounds, contract position and per pounds in cents so that the accurate value can come.

7 0
3 years ago
You are the manager of a small hotel with 40 rooms in Niagara. Your business has dropped almost 90% in recent months. Your cash
slega [8]
I could wearing a black hat
8 0
3 years ago
A(n) ________ performs and records the daily activities of a firm necessary to conduct business.
gtnhenbr [62]

Answer: Transaction processing systems

Explanation:

The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.

 It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.

The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.  

 Therefore, Transaction processing system is the correct answer.

6 0
3 years ago
Jason was conducting an evaluation of a restaurant waitress. he sat at the table with a list of things to observe in front of hi
Advocard [28]
Naturalistic observation would have given him more reliable data
4 0
3 years ago
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