The market prices that Jamie will just break-even on this investment is $23.50. When we ignore all the transaction cost and taxes we will get the market price that she will just break-even on her investment is $23.50. The answer in this question is $23.50
Answer:
b. Completeness
Explanation:
Cut off tests are designed to ensure that transactions which relate to a particular period are reported in that very period.
Assertions refers to the claims made by the management and it's staff relating to various aspects of the business.
Cut off procedures provide an auditor with evidence against management's assertion of completeness and occurrence of a transaction.
Completeness refers to whether transactions pertaining to a period have been recorded.
Occurrence means that recorded transactions ain't fictitious and have actually happened.
Answer:
2041 shares
Explanation:
Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571
maximum number of shares = $ 71428.571 / $ 35 = 2040.812 approx 2041 shares
A worker's success in contributing to the common good is determined by how well one does his or her job. One way is to pay tax contributions properly. Another way is to be proactive and open-minded with regards to work. Lastly, they must also know how to motivate others.
Answer:
b. False
Explanation:
Firms are not in competition with many other firms in every market structure. Some market structures such as monopolies or oligopolies feature either one single firm, or only a few firms, that frequently collude instead of competing.
Not all firms leave the market as soon as they lose profits. Some do, but others stay. A monopoly can survive decades without increasing its profits.
Not all firms will try to maximize profits, some will try to maximize market share instead, especially in perfectly-competitive market structures.
Not all firms face a horizontal demand curve. In some market structures, demand can be very dynamic, either sloping upwards (increasing) or downwards (decreasing).
