Business, 11.12.2019 19:31, cuppykittyy
What is the likely chain of events if asset prices rise?
a. people feel wealthier, so their spending falls and their saving rises, causing interest rates to fall.
b. people feel wealthier, so their spending rises and their saving falls, causing interest rates to rise.
c. people feel poorer, so their spending falls and their saving rises, causing interest rates to fall.
d. people feel wealthier, so their spending rises and their saving rises, causing interest rates to fall.
Answers: 2
Business, 22.06.2019 11:40, maddied2443
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
Business, 22.06.2019 20:00, princesincer9256
The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:
Answers: 2
What is the likely chain of events if asset prices rise?
a. people feel wealthier, so their...
a. people feel wealthier, so their...
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