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Louis received a hot tip from a friend about Fine Mine Ltd. He borrowed $10,000 from the bank on April 1, 2018 by signing a 90 day note payable and bought 1,000 common shares in the company for $10 each. His friend was right about the company and on June 30, 2018 Louis sold his shares for $15 each, repaid the bank the total amount owing of $10,148 and pocketed the difference. As a result, Louis taxable income for 2018 increased by:
A. 2352
B. 2426
C. 2500
D. 4852
E. None of the Above
Suppose Winston's loud music externalizes a cost onto his neighbor, Chloe. Suppose Winston and Chloe decide to solve this problem using the Coase theorem.
In a repeated prisoner’s dilemma, a player that is playing tit-for-tat will:
This final case on Theo Chocolate illustrates strategic decision making that begins with the fundamental mission of the enterprise and then continues to permeate decision making throughout the company. How do the theoretical controversies regarding r..
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What is the impact of the trade surplus or trade deficit upon the interest rates and currency exchange rates.
Zack quits his job at a consulting firm, which pays $40,000 a year, to enroll in a two-year graduate program. His annual school expenses are $30,000 for tuition, $2,000 for books, and $600 for food. What is his opportunity cost of attending the two-y..
Please explain and provide examples of companies in your explanation.
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