When demand is relatively inelastic:

The St. Helens Insurance Company can maintain its risk-based capital ratio, or improve upon it, if its net income is at least $125 million. If the earnings can fall anywhere from -$50 million to $500 million with equal probability, what is the likelihood they can improve their risk-based capital ratio?

A private investment in public equity allows a private investor to buy shares at a price that is usually
_ ___ the public-quoted market price.

Forest Glen Furniture Company has the following ratios: Days accounts payable outstanding, 55; days inventory held, 50; days receivable outstanding, 65. Which one of the following is the correct number of days that cash inflows and outflows are mismatched (i.e. the cash cycle)?

According to Standards of Professional Conduct, the following are procedures for compliance for one of the Standards of Professional Conduct:
Maintaining current files, of applicable statutes, rules, regulations and important cases in a readily
*
accessible manner.
Keep informed, about any changes of laws.
*
Which Standard of Professional Conduct do these compliance procedures relate to?