$28.26 rounded to the nearest dollar would be $28. This is because the 2 in the tenths place is less than five, therefore the 8 in the ones place would remain the same and .26 would turn into 0s which you don't have to show. Hope this helped!
Answer:
Innovative
Explanation:
To innovate is to develop a new and improved way of doing things. Innovators are people who create new products and services that provide a higher level of satisfaction to customers. Innovation includes developing a brand new product or service and also upgrading or improving existing ones.
Chris has the traits of an innovative entrepreneur. He comes up with products and services that appeal to customers. Chris has the skills to redesign products and services in a way that keeps his customers happy and satisfied.
Answer: (1) 120,675
(2) 60,450
Explanation:
(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price × Year 2 quantity)
= 150 × 4.50 + 1,200 × 100
= 675 + 120,000
= 120,675
(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)
= 3 × 150 + 50 × 1200
= 450 + 60,000
= 60,450
Answer: Company B
Explanation:
From the question, we are informed that Michaela is comparing two companies using three years of financial statement data and that while Company A's net income for the three years was $200 million and its operating cash flows $80 million, Company B's net income for the three years was $120 million and its operating cash flows $110 million.
The company with higher quality net income is company B. This is because the income of Company B backed strongly by the operating cash flows unlike company A which isn't backed strongly.
