Inferior good:
Demand for that good decreases of the average income of the population increases.
Demand of that good increases of the average income of the population decreases.
Answer:
Profit Margin = income / sales
45,000 / 1,000,000 = 4.5%
Return on Assets = income / assets
45,000 / 250,000 = 18%
Assets turnover = sales / assets
1,000,000 / 250,000 = 4
Earning per share: income / shares outstanding
45,000 / 40,000 = 1.125
Price- Earning ratio = market price / EPS
28 / 1.125 = 24,89
Return on Equity = income / equity*
45,000 / 120,000 = 37.5%
Debt to Equity ratio liab / equity
130,000 / 120,000 = 1,08
Explanation:
*solving for equity
Assets = laib + equity
250,000 = 130,000 + equity
equity = 120,000
The effective annual rate will be 15.87%.
Suppose that your bank pays you 15% annual interest that is compounded quarterly. What is the effective annual interest rate?
Annual Interest Rate= 〖(1+ r/n)〗^n -1
where:
r=Nominal interest rate
n=Number of periods
=〖(1+0.15/4)〗^4 – 1
= 1.15865 - 1
=0.15865
I = 0.15865 x 100
= 15.865 %
= 15.87%
What is meant by annual interest rate?
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualized.
Which is the definition of an effective annual rate?
The actual return on a deposit after accounting for the number of times interest is paid over the course of a year is known as the effective annual rate. Comparing deposits using the cumulative power of generating interest on interest serves as a benchmark.
Learn more about effective annual rate: brainly.com/question/17088238
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Answer:
Decentralized Control
Explanation:
When the manager allows all employees to monitor product quality, it is because he is giving every employee a bit of control over the production process. This is the definition of decentralized control: instead of having top management oversee all aspects of the company, middle, lower management, and even operating workers are deemed capable enough to excercise control in specific aspects of the company.
Intrinsic and extrinsic rewards also are related to decentralized control because these rewards act as incentives for the employees to take on more responsability, and as the question correctly point out, they also help build commitment to the organization.
