What proportion of all houses took 30 days or more to sell?
What will be an ideal response?
(128 - 13 - 15 - 7 )/128 = 93/128 = 0.727
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Character is described as an ethical theory domain that ______.
A. includes ethical egoism B. is focused on virtue C. emphasizes what people do D. is a teleological theory
?When employees own the company they work for by virtue of being stockholders this is referred to as
A. ?employee ownership. B. ?Theory X. C. ?empowerment. D. ?entrenchment.
Briefly define boilerplate language in a contract.
What will be an ideal response?
The All-Mine Corporation is deciding whether to invest in a new one-year project. The project would have to be financed by equity, the cost is $2,000, and the return will be a guaranteed $2,500 in one year. The discount rate for both bonds and stock is 15 percent and the tax rate is zero. The predicted cash flows excluding this new project are $4,500 in a good economy, $3,000 in an average economy, and $1,000 in a poor economy. Each economic outcome is equally likely to occur and the promised debt repayment is $3,000. Should the company take the project? What is the value of the firm and its debt and equity components before and after the project addition?
What will be an ideal response?