Sam is charged with the crime of theft and has also had a civil suit filed against him by the
victim. Which of the following could not be a consistent outcome?
A) Not guilty in the criminal case, not liable in the civil case
B) Guilty in the criminal case, not liable in the civil case
C) Not guilty in the criminal case, liable in the civil case
D) Guilty in the criminal case, liable in the civil case
B
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If the market interest rate at the date of issuance of a bond exceeds the face interest rate, the present value of the face value plus the present value of all the future interest payments will equal an amount less than the face value of the bond
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In its 1993 and 1994 interest rate swaps, was P&G speculating or hedging? Explain
What will be an ideal response?
The Carter Corporation makes products A and B in a joint process from a single input, R. During a typical production run, 50,000 units of R yield 20,000 units of A and 30,000 units of B at the split-off point. Joint production costs total $90,000 per production run. The unit selling price for A is $4.00 and for B is $3.80 at the split-off point. However, B can be processed further at a total cost of $60,000 and then sold for $7.00 per unit.If product B is processed beyond the split-off point, the financial advantage (disadvantage) as compared to selling B at the split-off point would be:
A. $96,000 per production run B. ($10,000) per production run C. $36,000 per production run D. ($42,000) per production run