A deed that gives to the buyer whatever title the seller has is a
a. bargain and sale deed.
b. warranty deed.
c. quitclaim deed.
d. mortgage deed.
C
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The required net working capital in the second year for the Sisyphean Corporation's project is closest to ________
The Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated life of three years. The cost of the machine is $30,000 and the machine will be depreciated straight line over its three-year life to a residual value of $0. The cane manufacturing machine will result in sales of 2000 canes in year 1. Sales are estimated to grow by 10% each year through year 3. The price per cane that Sisyphean will charge its customers is $17 each and is to remain constant. The canes have a cost per unit to manufacture of $8 each. Installation of the machine and the resulting increase in manufacturing capacity will require an increase in various net working capital accounts. It is estimated that the Sisyphean Corporation needs to hold 2% of its annual sales in cash, 5% of its annual sales in accounts receivable, 10% of its annual sales in inventory, and 6% of its annual sales in accounts payable. The firm is in the 35% tax bracket and has a cost of capital of 9%. A) $4114 B) $3740 C) -$3366 D) $8602
Louis, who is single, sold his house in St. Louis at a gain of $240,000 on June 8, 2018. He properly excluded the gain. He took another job in Memphis. He purchased a new home in Memphis for $225,000 on August 5, 2018. Louis was transferred by his employer to New Orleans. Louis sold his Memphis house at a $36,000 gain on October 15, 2018. What is Louis's recognized gain on the Memphis house?
What will be an ideal response?
Which of the following is a lifestyle segment of Porsche owners?
A. Enthusiasts B. Fast Forwards C. Traditionalists D. Bon Vivants E. All of these choices are correct.
A leader's control over outcomes that are desirable to followers increases the leader's reward power
a. True b. False Indicate whether the statement is true or false