Answer:
<u>displaying good customer relations.</u>
Explanation:
Note, we are told that Rekha <em>took the initiative</em> to meet the customer when she noticed that the customer was <em>not</em> comfortable in the coffee shop of the hotel.
It is reasonable to believe that the next the customer visits the hotel she would have formed a good relationship with Rekha because of the way she was treated, or in other words because of the good customer relationship she had experienced.
Answer:
$24,400
Explanation:
The computation of the after tax salvage value at the end of year 4 is shown below:
Before that following calculation need to be determined
Book value = Cost - Accumulated depreciation
= $80,000 - ($16000 × 4 years)
= $16,000
Now gain on sale is
= $30,000 - $16,000
= $14,000
Now
After-tax cash flow is
= Sale proceeds - (Tax rate × Gain on sale)
= $30,000 - ($14000 × 40%)
= $24,400
If three more restaurants opened in a small town where only four restaurants were open for business originally then The Restaurants would form a cartel in the town.
<u>Explanation:</u>
In such a situation the restaurant would preferably form a cartel. A Cartel is an association of various firms. This association is formed to keep the prices at a higher level. When a cartel is formed it restricts competition.
Cartel is formed with the mutual understanding of all the firms. The existence of cartels negatively affects the consumers, as they have to pay higher prices and cannot afford to bargain as the price will be determined by all the concerns collectively. It might result in limited supply and more demand which will result in price to increase.
Answer:
16.16%
Explanation:
The formula to compute the expected rate of return is shown below:
-
Expected rate of return = (Weightage of Stock G × Expected Returns G) + (Weightage of Stock J × Expected Returns J) + (Weightage of Stock K × Expected Returns K)
= (16% × 10%) + (56% × 16%) + (28% × 20%)
= (0.16 × 0.1) + (0.56 × 0.16) + (0.28 × 0.20)
= 0.016 + 0.0896 + 0.056
= 0.1616
= 16.16%
