Answer:
24.91%
Explanation:
The formula for return on investment is given as;
Net operating income / Average operating assets
= $1,071,160 / $4,300,000
= 24.91%
Therefore, return on investment is 24.91%.
Most often, they must balance the needs of the stakeholders with the need to make profits
Answer:
$12714.98
Explanation:
Data provided in the question:
Initial amount invested = $1,500
Simple interest rate = 6.5%
Duration for simple interest = 48 months = 4 years
Now,
Simple interest = Amount × Interest rate × Time
= $1,500 × 0.065 × 4
= $390
Therefore,
Total amount = $1500 + $390
= $1890
Now
The amount = $1890 is invested in mutual fund which is compounded annually at 21% for 10 years
thus,
Final amount = Principle × (1 + r)ⁿ
here, r = 21% = 0.21
n = 10 years
Therefore,
Final amount = $1890 × (1 + 0.21)¹⁰
= $12714.98
Answer:
Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.
Explanation:
The contribution margin is equal to: Revenue - Variable Costs.
We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.
Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.
Steve has used the foot-in-the-door <span>technique to induce compliance.
A foot in the door technique is a persuasion technique that makes a person to agree to do a small favor and asking that person to do a bigger favor after the small favor is done. According to research, </span><span> The foot-in-the-door technique succeeds owing to a basic human reality that social scientists call "</span>successive approximations<span>".</span>
