Condren Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $1,000,000 investment opportunity with the following characteristics: If the company pursues the investment opportunity and otherwise performs the same as last year, the combined Return on investment (ROI) for the entire company will be closest to:
(Table: Cherry Farm) Use Table: Cherry Farm.Suppose there are 100 farms in this industry with identical cost curves,as shown in the table.Which point would fall on the industry short-run supply curve?
A) $2,300 pounds B) $11,200 pounds C) $3,500 pounds D) $8,600 pounds
A constant reward to risk ratio means that the reward for bearing risk, measured as the risk premium, increases as the amount of risk, measured by beta, also increases. Investors who are risk averse will not consider taking additional risk if they expect to receive no additional compensation for doing so. This is an equilibrium concept which essentially restates the axiom that prices observed in efficient markets are considered fair.
IN
Answered
Which of the following should be the result in regard to Isabella's obligation to Credit Card Company B?
A) That the company is not bound by its promise because the debt was liquidated. B) That because Isabella offered and the company accepted a different performance in discharge of the obligation, the company is bound. C) That because the car is worth only $1,000, nowhere near the amount of the debt, the company is released from its promise. D) That under equitable principles, upon disaffirming the agreement, Isabella may keep the car, and the company must take a deduction of 50% on all amounts due. E) That under equitable principles, upon disaffirming the agreement, Isabella must transfer the car to the company, and the company must take a deduction of 50% on all amounts due after sums received from the sale of the car are credited to Isabella's account.
R. Red formed a corporation with an authorization of 20,000 shares of $50 par, 6% non-cumulative preferred stock and 100,000 shares of $10 par common stock. The following selected transactions were completed during the first year of operations. Journalize the transactions omitting explanations. Jan 10 Issued 20,000 shares of common stock at par for cash. 31 Issued 20,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $52,000, $125,000, and $48,000, respectively. Feb 24 Issued 2,000 shares of preferred stock at $54 for cash.