Business, 24.12.2019 02:31 ekmusicent4028
Automated data processing (adp) provides computer software and services to a host of companies, including automobile dealerships. adp charges dealerships a monthly lease for hardware, software, and support services, but does not charge for training the dealerships’ employees. dealerships need only pay for their employees’ time and travel to adp headquarters, where they attend "software u" at no additional charge.
the time and travel expenses paid by a dealership to train workers is an example of what type of specialized investment? (the part where it mentions the time and travel is throwing me off. because it's for training the answer should be human capital correct. or because the expense is going towards the travel and time should the answer be dedicated asset? i think i'm over thinking it.)
human capital
dedicated asset
site specificity
physical-asset specificity
is the dealership vulnerable to a "hold-up" problem in this instance? yes or no
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Aneighborhood home owners association suspects that the recent appraisal values of the houses in the neighborhood conducted by the county government for taxation purposes is too high. it hired a private company to appraise the values of ten houses in the neighborhood. the results, in thousands of dollars, are?
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Business, 23.06.2019 09:30, skdkdksks
Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. his employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer? a)stocks with high returns have high volatility, and ronald's company may not grow further. b)ronald may be taxed more for capital gains than he would be for employment income. c)stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills. d)ronald would be committing stock fraud if he exercises the options.
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Automated data processing (adp) provides computer software and services to a host of companies, incl...
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