Tim Howard Gloves issued 7.25% bonds with a face amount of $34 million, together with 24 million shares of its $1 par common stock, for a combined cash amount of $64 million. The fair value of Howard's stock cannot be determined. The bonds would have sold for $28 million if issued separately. For this transaction, Howard should record paid-in capital—excess of par in the amount of:

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. b. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. c. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. d. the federal reserve bank acts as an insurance company that pays customers if their bank fails. 2b2t

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.