Answer:
23.8%
Explanation:
Gates appliances has a return-on-assets(investment) of 19%
The debt-to-total-assets ratio is 20%
Therefore, the return on equity can be calculated as follows
Return on equity= Return on assets(investment)/(1-debt/asset)
= 19/(1-20/100)
= 19/(1-0.2)
= 19/0.8
= 23.8%
Hence the return on equity is 23.8%
<em>I believe the answer to your question is A. The opportunity cost of producing an additional 5 million pounds of food.</em>
Answer:
d) $228,000 outflow
Explanation:
Calculation for the amount that the salaries should be reflected in the analysis
Using this formula
Salaries=Salaries expense-(Salaries expense*Tax rate)
Let plug in the formula
Salaries=$380,000-($380,000*40%)
Salaries=$380,000-$152,000
Salaries=$228,000 Outflow
Therefore salaries should be reflected in the analysis by a: $228,000 outflow
Answer:
The correct option is D: the positive utility Laura received from seeing her portfolio value rise was less than the disutility she felt when its value declined.
Explanation:
Behavioral economics suggests that the pain felt when you lose $1000 is more than the joy you experience when you gain $1000 say in a lottery or any exercise without having to do any work from it. Thus this implies that positive utility is less than disutility in the case of Laura as depicted in the example.
Answer:
cannot sue John for the extra $250 asJohn made the promise to him based on past consideration.
Explanation:
When Gerald was helping John build the garage, there was no agreement between them on payment for services. After the two weeks John made the promise to pay Gerald.
This is not a binding promise as John is paying Gerald at his own discretion as a past consideration, since no contract was agreed between them.
