If you have contacted a seller to report a problem with a product and you were ignored, what should you do next?

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves

adelina 88 [10]

Answer:

1.74%

Explanation:

17% Debt 50% Debt

Sales $500,000 $500,000

Less: Cost $450,000 $450,000

Less: Interest $5,546 $17,400

Profit before tax $44,454 $32,600

Less: Tax at 35% $15,559 $11,410

Net Income $28,895 $21,190

Equity $361,050 $217,500

Return on Equity 8.00% 9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

Return on Equity = $21,190/$217,500 = 9.74%

7 0

2 years ago

Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i

Mice21 [21]

Answer:

2 years and 6 months

Explanation:

after 6months

$1,000 x 10% = $100

$1,000 + $100 = $1,100

after 1 year

$1,100 x 10% = $110

$1,100 + $110 = $1,210

after 1 year and 6 months

$1,210 x 10% = $121

$1,210 + $121 = $1,331

after 2 years

$1,331 x 10% = $133.10

$1,331 + $133.10 = $1,464.10

after 2 years and 6 months

$1,464.10 x 10% = $146.41

$1,464.10 + $146.41 = $1,610.51

4 0

2 years ago

Consider luxury weekend hotel packages in Las Vegas. When the price is $250, the quantity demanded is 2,000packages per week. Wh

konstantin123 [22]

Answer:

The elasticity is about 1.43, and an increase in the price will cause hotels' total revenue to decrease

Explanation:

The formula of the midpoint for the variation of the quantity is $\frac{Q2-Q1}{(Q2+Q1)/2} *100$ and for the price is $\frac{P2-P1}{(P2+P1)/2} *100$ . With the variation of the price and the quantity the elasticity formula is ΔQ/ΔP. Replacing the elasticity is -1.43

The price elasticity of the demand is bigger than 1, that means that the demand is elastic, every increase of the price will cause a bigger decrease of the quantity, the revenue will drop because the increase of the price do not compansete the decrease of the quantity.

6 0

3 years ago

Under Life Solicitation Rule, the definition that applies to a consumer that is most concerned about death benefit proceeds to b

Fiesta28 [93]

Answer:

life insurance net payment cost index

Explanation:

The accidental death benefit is referred to as a payment due to the sole beneficiary of an accidental death insurance policy. The accidental death benefit mostly is an amount paid which adds to the standard benefit payable if

and only if the insured died of natural causes e.g old age, earthquake or tsunami etc.

Depending on the issuer of the policy, the accidental death benefit may extend up to a year after the initial accident occurred, so long as the accident led to the insured's death.

6 0

3 years ago

Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G

olchik [2.2K]

Answer:

The appropriate answer is "$9,300".

Explanation:

The given values are:

FMV,

= $31,000

Adjusted basis,

= $15,500