Answer: 25%
Explanation:
The annual rate of return is calculated by simply dividing the Annual income by the average investment.
Annual Income
Annual revenues of $133,500
Annual expenses of $76,000
Annual Income = Revenues - Expenses
Annual Income = $57,500
Average Investment
Calculated by dividing the Addition of the beginning and ending (salvage value) Investment figure by 2.
= (449,000+11,000)/2
= $230,000
Annual Rate of return is therefore,
= 57,500/230,000
= 0.25
= 25%
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
Tone in my own personal opinion
Is the simple desire to help one another
When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.
Hence, Investment completes the sentence "...limited liability is an investment. "
This is further explained below.
<h3>What is
the investment?</h3>
Generally, When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.
Limited liability is one in which a person's financial obligation is restricted to a certain amount.
This predetermined amount is often equal to the value of the human's stake in a corporation, or firm.
In conclusion, Investing is using money now in the hopes of earning a higher return in the future. The goal of every investment is to provide a return that is higher than the initial outlay of resources
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