Stock market crash

The M Industries purchased 6 million shares of S House Inc. common on 3rd January, 2013 for $48 million. With the purchase of shares M Industries started holding 30% interest in the net assets of S House Inc. therefore the company will also earn 30% of net income of S House Inc. along with the amount of dividend declared by M Company at the rate of $1.00 per share on 15th December, 2013. The net income of S House as reported for the year ended 31st December, 2013 was $40 million. The M…

Good evening, My name is Francis Sejersted. I’m a Norwegian social and economic history professor. I’ve been on the Nobel Committee since 1982, with this year, 1986, being my fourth year. This year, I have the opportunity to express why Elie Wiesel is deserving of the Nobel Peace Prize. We all know Elie Wiesel as the Holocaust survivor and as the writer of the memorable memoir Night. However, we have yet to recognize him for his other achievements. Elie Wiesel, the Romanian born American-Jewish…

1) Calculate all of the ratios listed in the industry ratios table for East Coast Yachts. Industry Ratios Ratio Formula Values Answer Lower quartile Median Upper quartile Current ratio current assets/Current liabilities 51,123,050/50,584,750 1.01 0.86 1.51 1.97 Quick ratio current assets-Inventory/Current liabilities (51,123,050-20,149,650)/50,584,750 0.61 0.43 0.75 1.01 Total asset turnover sales/total assets 611,582,000/401,558,750 1.52 1.10 1.27 1.46 Inventory turnover cost of goods…

William White Professor Eckstein Public Financial Management August 10, 2015 Privatizing Lotteries - The Advantages and Disadvantages There are many advantages and disadvantages to Privatizing Lotteries. States such as Illinois, Indiana and New Jersey have all privatized their state lotteries. The funds that come from lotteries go towards no particular purpose. For example, the 21 states that participate in Powerball along with the District of Columbia will garner at least $114 million from…

revenue of Disney (Market Realist, 2014). Disney took a $200 million write-down on John Carter, and expected a $190 million on The Lone Ranger (Market Realist, 2014). Nevertheless, outperformance from boosted revenues in network media segments showing an overall revenue increase of 5% successfully compensated for the loss in film market. Simultaneously, such diversification strategy can be seen as a concentric diversification which focuses on penetrating to an existing related market. Disney’s…

been in the business since 1983, in Texas. Wheeler Electrical has four individuals shareholders, Brian and Ashely Clay and their daughters Angela and Kristin, all of them possess the same numbers of share in wheeler’s incorporation qualified as §1244 stock. Angela purchased the 300 outstanding shares of the others for a nominal total price of $1,000 because the company is not doing well and they do not want to be part of it anymore. Angela’s basis in her 100 shares is $5,000. One of the…

Introduction The Objective of making any investment is maximizing income and minimizing expenses. Each individual in the stock market is therefore assumed to behave rationally when pursuing personal benefits. According to Obienugh, when faced with an investment opportunity, each investor in the stock exchange makes a calculated decision on whether to invest in a particular stock or how much to invest . All these decisions are influenced by different factors. The risk assessment is a very…

It is easy to see how siding with Check Investors could have led us down a dangerous slippery slope. With more businesses entering the market of selling debt, the more debt investors will also enter the market to compete for business’ debt. That increase in the number of debt investors will increase the competition for businesses debt. With the high rate of competition, the businesses will demand higher prices for their…

Robert Herjavec was born on September 14, 1962 in Croatia (formerly Yugoslavia). His family left the country when he was eight to escape a communist regime. At the time, he spoke no English. They arrived in Halifax, Nova Scotia, and eventually settled in Toronto, Canada. Robert Herjavec graduated from the University of Toronto with a Bachelor’s in English literature. Robert Herjavec’s first business job was at a company called Logiquest. His first role there was sales, but he rose all the way…

Although the defined-contribution gives more flexibility to the manager to manipulate the expense and liability, it requires lots of long-term complex assumptions and it raises concern that the annual pension expense is not the same as the annual pension funding contribution. For instance, CAM has doubled the pension plan within a year. This raised doubts from the employees on whether or not CAM has an ability to meet the commitment, as well as, it negatively affected the solvency of the entity…