Business, 20.12.2019 21:31, rachelsweeney10
Martin corp. permits any of its employees to buy shares directly from the company through payroll deduction. there are no brokerage fees and shares can be purchased at a 10% discount.
during 2013, employees purchased 8 million shares; during this same period, the shares had a market price of $15 per share at the end of the year.
martin's 2013 pretax earnings will be reduced by: a. $0.b. $12 million. c. $108 million. d. $120 million.
Answers: 1
Business, 22.06.2019 12:10, gingerham1
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
Business, 22.06.2019 15:20, sgalvis455
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Martin corp. permits any of its employees to buy shares directly from the company through payroll de...
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