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Bob operated a flower shop as a sole proprietorship and decided to formalize the operation of the flower shop, so he formed a limited liability company (LLC) to own and operate the flower shop.
After the LLC was formed, the LLC hired David to drive the delivery van that was owned by the LLC and that was used to deliver flowers to customers of the LLC. One day when David was delivering flowers for the flower shop using the van, he ran a red light and collided with a car driven by Jan, causing injuries to Jan and damages to her car.
Who can Jan sue for the injuries that she received in that accident?
Are there theories of recovery that Jan can assert that might make Bob liable? What facts would be necessary for Bob to be liable to Jan?
You plan to retire in exactly 20 years. Your goal is to create a fund that will allow you to receive $20,000 at the end of each year for the 30 years between retirement and death (a psychic told you that you’d die exactly 30 years after you retire). ..
You purchased 300 shares of General Electric stock at a price of $75.45 four years ago. You sold all stocks today for $66.45. During that period the stock paid dividends of $2.70 per share. What is your annualized holding period return (annual percen..
Which of the following is not a drawback of the simulation approach? A company's cost of capital is the most appropriate discount rate to use when analyzing which type of project(s)?
Your brokerage has an initial margin of 60%, a maintenance margin of 40%, What is your rate of return on margin position one year after purchasing the share?
BU340- What is the expected return of each asset? What is the variance of each asset? What is the standard deviation of each asset?
What is the equipment's after-tax net salvage value?
Calculate the balance of the fund on July 1, 1999, immediately before the deposit is made
Ahmad Oil Refinery, Inc. owns an crude oil pipeline. The current production of oil is at the rate of 100 million barrels a year. The current price of crude oil is about $100 a barrel and is rising at the rate of 5% per year forever. Oil reserves are..
Your job pays you only once a year for all the work you did over the previous 12 months. However, you want to start saving for retirement beginning next year.
Consider a 4 percent coupon U. S. Treasury note that has a $ 10,000 face value and matures 10 years from today. This note pays interest semiannually. The current market interest rate on this bond is 3 percent. Would you expect the bond to be a discou..
Compare and contrast the academic theories of investing covered in the primary textbook with the philosophies of three of the world’s greatest investors:
Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $200,000 (all on credit), and it earned a net profit of 4%. Calculate Strickler's cash conversion cycle. Calc..
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