Answer:
14.58%
Explanation:
The computation of the simple rate of return is shown below:
As we know that
Simple rate of return = Annual net income ÷ Initial investment
where,
Initial investment is $32,000
And, the annual net income is
= $6,800 - ($32,000 ÷ 15 years)
= $4,667
So, the simple rate of return is
= $4,667 ÷ $32,000
= 14.58%
We simply applied the above formula
Answer:
The correct answer is option C.
Explanation:
Two cities are planning to demolish their old stadiums and build new ones.
Keeping everything else equal, the old stadium cost $5 million to build in one city and $50 million to build in the other.
These construction costs are sunk costs that have been incurred and cannot be recovered. Since these costs cannot be any longer recovered they should not be considered in deciding future investments.
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
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Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: 
Total Commission: 
Required
Find x and y
Equations
--- (1)
--- (2)
Make y the subject of formula in (1)


Substitute this in (2)


Open Bracket

Collect Like Terms


Divide through by -0.03


Recall that



<em>Hence;</em>
<em>He earns $296780 as a Sales Trainee and $377094 as a Sales Associate</em>
Answer:
B)High Power Distance Index
Explanation:
From the question, we are informed about Wayne who is working at the overseas branch of his organization. He needs some clarification about a project. He approaches a senior manager thinking he would get a good explanation. However, he is instructed to follow protocol and sent away. Also, he is informed that only team leads are allowed to approach senior managers. In this case, the organization has a High Power Distance Index score. The power-distance index can be regarded as way to measure acceptance of hierarchy of wealth/power by some people in a nation, business as well as culture. power-distance index helps to know how well citizen can accept authority or challenge authority of those in power.