You deposited ($1,000 ) in a savings account that pays 8 percent interest, compounded quarterly, planning to use it to finish your last year in college
Eighteen months later, you decide to go to the Roshy Mountains to become a ski instructor rather than continue in school, so you close out your account. How much money will you receive? (Round to the nearest whole dollar)
A) $1,171
B) $1,126
C) $1,082
D) $1,163
E) $1,008
B
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A business has 75 million shares and its net marketing contribution is $550 million. The other expenses, including interest and taxes, amount to $280 million. Calculate the earnings per share for the business
A) $2.4 per share B) $6 per share C) $1.2 per share D) $3.6 per share E) $4.8 per share
In Matrixx Initiatives v. Siracusano case referenced in the text, the U.S. Supreme Court analyzed the question of whether an issuer must disclose known information about possible side effects of a drug that could affect the drug's stock price even though no proven statistical link exists between use of the drug and the adverse effect. The Court held:
a. that a bright-line test would be applied requiring at least one civil judgment in favor of a plaintiff before a defendant would be required to disclose allegations of a link between a drug and an adverse effect and that the defendants were entitled to dismissal of the case because no showing of a civil judgment had been introduced. b. that no statistical link between the use of the drug and adverse effects was required but that the defendants were entitled to dismissal of the case because the plaintiffs did not personally suffer adverse health effects from the drug. c. that the defendants were entitled to dismissal of the case because the plaintiffs could not prove a statistical link between use of the drug and adverse effects. d. that the "total mix of information" test applied in regard to the issue of materiality, that statistical proof was unnecessary, and that sufficient evidence existed for the plaintiffs to proceed to trial.
A two-year investment of $200 is made today at an annual interest rate of 6%. Which of the following statements is true?
A) The interest earned in year two is $12.00 and year one is $12.72. B) The interest earned in year one is $12.00 and year two is $12.72. C) The FV is $224.00. D) The future value would be greater if the interest rate were lower.
It is possible to have a different deductible for collision loss than you have for comprehensive physical damages
Indicate whether this statement is true or false.