Answer:
17.64%
Explanation:
Precision aviation has a profit margin of 7%
The total assets turnover is 1.4
The equity multiplier is 1.8
Therefore the ROE can be calculated as follows
= Total assets turnover × equity multiplier × profit margin
= 1.4 × 1.8 × 7
= 17.64%
Hence the ROE is 17.64%
Answer:
5.59%
Explanation:
$1,000 bonds carrying a 4% coupon rate, semiannual coupon $20, matures in 20 years
if you purchase the bonds at $715, the nominal annual rate of return = coupon payments / bond price = ($20 + $20) / $715 = $40 / $715 = 5.59%
The nominal annual rate of return is calculated by dividing the revenue generated by an investment by the cost of the investment.
Complete Question
What is true of representative money? Check all that apply.
A. It can be exchanged for a valuable good.
B. It was once the most common form of money.
C. It was used in systems involving a "gold standard."
D. It can be traded for a commodity such as silver.
E. It is made with precious metals or stones.
Answer to this Question:
A. It can be exchanged for a valuable good.
C. It was used in systems involving a "gold standard."
D. It can be traded for a commodity such as silver.
Yes, it is very much true that money can be exchanged for valuable goods. We can certainly buy goods in return for giving money. Different commodities can be purchased by exchanging it. This is very common method which you can see all around you now-a-days. Money can also be used to buy the gold. It means money's form can be changed in this particular way, the gold then can be traded in the same way as you can use money as we have mentioned in the option A. Money can also be traded directly for a commodity such as sliver or other precious metals as well. Money's main function in all of the valid options here will remain the same; Exchange, used to purchase another commodity by using it in its pure form or trading it indirectly in another form. Whereas it totally different from the Barter trade where people used different commodities as an exchange medium to buy another one.
Answer: For a competitive market, <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>
Explanation:
A perfectly competitive market has the following characteristics:
(a). In this particular market there are many buyers and sellers.
(b). Also each company makes similar product. i.e. the products are identical in nature.
(c). In this market buyers and sellers will have access to perfect information about price. and product.
(d). In a competitive market there are no barriers to entry into or exit from the market.
Therefore , <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>
Answer:
$23
Explanation:
ABC will sell based the lowest bid starting from the highest bid until all the 1,000 shares are allotted downwards as follow:
Number shares to bid of $26 for 100 shares = 100 shares
Number shares to bid pf $25 for 200 shares = 200 shares
Number shares to Alex's bid of $24 for 500 shares = 500 shares
Number shares to bid of $23 for 600 shares = 200 shares
Under Dutch auction, the lowest bid price of all the allotted or successful bidders will be paid by all the successful bidders.
Since the $23 is the lowest successful bid price, Alex ad to pay $23 for each share he obtained
