Answer: 11.32%
Explanation:
Given the above variables, the total compound return can be calculated by;
= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1
= (1 + 10%)( 1 + 15%) (1 - 12%) - 1
= 11.32%
Answer:
End of the contract year.
Explanation:
Calendar year deductibles (and refunds) operate on a regular calendar year basis, starting on January 1st and ending on December 31st. Generally refunds should be made during January and February of the next year.
If the policy works on a plan year basis, both the deductibles and the refunds will be based on the renewal date of the policy, and not the calendar year basis.
Answer:
B. It is never possible to have all of the information required to make a 100 percent accurate prediction because achieving perfect information is almost impossible and extremely costly.
Explanation:
No further explanation is needed
Answer:
e
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
If 11 inventories were sold, the inventory left would consist of 13 units purchased on the 2nd and 5 units the company had on the 1st
Inventory value = (13x 26) + (5 x 24) = 458
Answer:
Innovation, job creation, financial independence and financial success
Explanation:
The United State of America is a capitalist state where individuals control the factors of production. Government,s participation is reduced to the minimal which might only be regulation.
Small businesses in America grows to become big companies as time goes on. They contribute in no small way to the economy of the united state in the following ways: innovation, job creation, financial independence and financial success.