All categories

2 years ago

Events concerning the Mi'kmaw self regulated lobster fishrey in relation to the treaties

1 answer:

7 0

On September 17, 2020, on the 21st anniversary of the Supreme Court of Canada's decision in R. v. Marshall, Sipekne'katik First Nation, a Mi'kmaq First Nation, launched a self-regulated commercial lobster fishery in Saulnierville, Nova Scotia.

You might be interested in

All things being equal, which will move more easily; a newly polished car or a car that has never been polished

mestny [16]

The newly polished one as there will be less resistance and will travel faster across it

8 0

3 years ago

You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be

Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = $\frac{\textup{Annual return}}{\textup{Expected rate of return}}$

on substituting the respective values, we get

Present value of perpetuity = $\frac{\textup{50,000}}{\textup{0.0275}}$

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0

3 years ago

Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca

Firdavs [7]

Answer:

13.75%

Explanation:

Calculation for what will be the company's return on equity

First step

Asset Turnover Ratio= Net Sales / Total Assets ------(1)

Given Asset Turnover Ratio =2.7

=> 2.7 = 4,000,000/ Total Assets (from equation 1)

=>Total Assets = 1,481,481 ------(2)

Second step

ROE = Net Income / Equity

Net Income = (EBIT - Interest Charges) *(1-tax rate)

Net Income = (356,000 -168,000) *(1-35%)

Net Income = $122,200 --------(3)

Equity = Total Assets *(1-debt ratio)

Equity = 1,481,481*(1-0.4) = $888,889 --------(4)

From equation 3 and 4

ROE = Net Income / Equity

ROE= 122,200/888,889

ROE =0.1375*100

ROE=13.75%

Therefore ROE will be 13.75%

5 0

2 years ago

What is 44756 ÷167 long divison

Sliva [168]

44756 divided by 167 equals 268 with a remainder of 0

6 0

3 years ago

A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on a stock index to hedge its r

11111nata11111 [884]

Answer: 88.89 or 89

Explanation: Futures contract refers to a legal binding which obligates a buyer and seller to transact about a commodity, good, security or services at a predetermined price but goods are delivered or paid for in the future.

Given the following ;

Portfolio value(p) = $20million

Portfolio Beta (b) = 1.2

Index price (i) = 1080

Multiplier = 250

Future value(A) = index price × multiplier

Future value(A) = 1080 × 250 = 270000

Number of contracts (N) = (portfolio value × portfolio Beta) ÷ future value

N = ($20,000,000×1.2)÷270000

N = 24000000 ÷×270000

N = 88.8888=88.89

N = 89 (NEAREST whole number)

7 0

3 years ago