what is the first step in creating a structured observation
In: Nursing
derive first law of thermodynamics formula with calculus?
In: Physics
In: Biology
a statement of the first law of thermodynamics is that a. in a spontaneous process, the entropy of the universe increases b. there is no disorder in a perfect crystal at 0 k. c. the total energy of the universe is constant. d. the totla energy of the universe is constant. e. mass and energy are conserved in all chemical reactions
In: Chemistry
If the ovaries are removed in the first 6 weeks of pregnancy, there will be a miscarriage and the embryo will be lost. If they are removed later in the pregnancy, the pregnancy can go to full term without the baby being affected. Explain the difference
In: Anatomy and Physiology
14. What are competitive and first-mover advantages?
In: Accounting
First National Bank Balance sheet
Assets Liabilities
Rate-sensitive $20 million $50 million
Fixed-rate $80 million $50 million
4) Given the above table and assuming that the average duration of its assets is four years, while the average duration of its liabilities is three years, then a 5 percentage point increase in interest rates will cause the net worth of First National to ________ (increase/decline) by ________ (5% /10%/ 15%/ 20%) of the total original asset value (use duration analysis).
In: Economics
1.
Which of the following is true?
| a. |
Empirical studies show that stock prices generally decrease following increases in current dividends. According to the signaling theory, this finding is necessarily inconsistent with the indifference proposition. |
|
| b. |
Empirical studies show that stock prices generally decrease following increases in current dividends. According to the signaling theory, this finding is not necessarily inconsistent with indifference proposition. |
|
| c. |
Empirical studies show that stock prices generally increase following increases in current dividends. According to the signaling theory, this finding is necessarily inconsistent with the indifference proposition. |
|
| d. |
Empirical studies show that stock prices generally increase following increases in current dividends. According to the signaling theory, this finding is not necessarily inconsistent with the indifference proposition. |
2
Which of the following statements concerning dividends is not true?
| a. |
Dividends are relevant. |
|
| b. |
Dividend policy is argued to be irrelevant. |
|
| c. |
A key assumption in the dividend irrelevance proposition is that the firm's investment policy is set ahead of time and is not altered by the dividend. |
|
| d. |
None of the above. |
3.
An investor buys a call option to purchase 200 shares. The strike price=$15, Current stock price=$10, Buying price of the call option=$1.5 (per share). At the expiration of the option the price of the share is $17. What is the total gain or loss of the investor?
| a. |
Loss $1 |
|
| b. |
Gain $100 |
|
| c. |
Loss $100 |
|
| d. |
Gain $1 |
4.
Modigliani and Miller argue that the dividend decision __________.
| a. |
is irrelevant as the value of the firm is based on the earning power of its assets |
|
| b. |
is relevant as the value of the firm is not based just on the earning power of its assets |
|
| c. |
is relevant as cash outflow always influences other firm decisions |
|
| d. |
is irrelevant as dividends represent cash leaving the firm to shareholders, who own the firm anyway |
5.
Vertical mergers are those in which the participants are
| a. |
in the same industry. |
|
| b. |
in different industries. |
|
| c. |
in different phases of the value chain. |
|
| d. |
none of the above. |
6.
A merger is a combination of businesses in which
| a. |
two businesses combine to form a new business. |
|
| b. |
the participants are necessarily comparable in size, competitive position, profitability, and market capitalization. |
|
| c. |
one of the two firms becomes a wholly owned subsidiary of the other firm. |
|
| d. |
none of the above. |
7.
Suppose a stock exists with a price of $42, and a call option on the stock exists with an exercise price of $36. What is the approximate minimum value of the call option?
| a. |
$ 6. |
|
| b. |
$ 0. |
|
| c. |
$36. |
|
| d. |
$42 |
8.
Which of the following are commonly cited reasons for Mergers and Acquisitions?
| a. |
Synergy |
|
| b. |
Market power |
|
| c. |
Strategic realignment |
|
| d. |
All of the above |
9.
All of the following are common motives for a merger or acquisition except for
| a. |
financial synergy. |
|
| b. |
operating synergy. |
|
| c. |
raising the cost of capital. |
|
| d. |
buying undervalued assets. |
10.
The cost of debt to a corporation at any point in time is:
| a. |
the stated interest on the debt instrument. |
|
| b. |
equal to the coupon payment. |
|
| c. |
greater than the risk-free rate if the bond beta is negative. |
|
| d. |
the current market borrowing rate. |
In: Accounting
Larry sells three different popular dinner packages at varying price to appeal to a range of guests these are:
| Yellow Rose Package | $29.95 |
| White Rose Package | $39.95 |
| Golden Rose Package | $49.95 |
Help him complete the spreadsheets and then answer the questions that follow:
| Yellow Rose Package | White Rose Package | Golden Rose Package | ||||
| Item | Cost ($) | Item | Cost ($) | Item | Cost ($) | |
| Appetizer | Minestrone | 1.25 | Onion soup | 1.70 | Crab cake | 2.25 |
| Entrée | Roast chicken | 2.25 | Braised beef ribs | 4.25 | Filet mignon | 6.50 |
| Side | Yellow rice | 0.25 | Roasted redskins | 0.65 | Duchesse potatoes | 0.75 |
| Side | Steamed broccoli | 0.50 | Bacon green beans | 0.75 | Béarnaise asparagus | 0.95 |
| Bread | Dinner rolls | 1.00 | Basil loaf | 1.25 | French loaf | 1.55 |
| Dessert | White cake | 0.75 | Almond torte | 1.25 | Poached pears | 1.85 |
| Beverage | Coffee/tea | 1.25 | Coffee/tea | 1.25 | Coffee/tea/house wine | 4.40 |
| Total cost | Total cost | Total cost | ||||
| Food cost % | Food cost % | Food cost % | ||||
a. What would be Larry’s food cost percentage if 100 % of his guests chose the Yellow Rose package?
Answer:
b. What would be Larry’s food cost percentage if 100 % of his guests chose the White Rose package?
Answer:
c. What would be Larry’s food cost percentage if 100 % of his guests chose the Golden Rose package?
Answer:
d. What would be Larry’s total food cost percentage if one-third of his guests chose each of the three different packages he offers?
Answer:
In: Accounting