Answer:
the annual rate of return on the painting was -13.17%
Explanation:
we will construct the equation for future value at the annual rate of return at which a principal of 1,680,000 return 1,100,000 in three years:
Principal 1,680,000
time 3 years
Amount 1,100,000
rate r
![r = \sqrt[3]{ 1,100,000 \div 1,680,000} -1](https://tex.z-dn.net/?f=r%20%3D%20%5Csqrt%5B3%5D%7B%201%2C100%2C000%20%5Cdiv%201%2C680%2C000%7D%20-1)
r = -0.131650681 = -13.17%
As expected, because the amount after three years is lower than the principa the rate of return is negative
They are not a stressed in a good economy and have a clearer mind then in a bad economy
Answer:
The correct answer is a. an inadequate infrastructure.
Explanation:
An infrastructure is the set of elements or services that are considered necessary for an organization to function or for an activity to develop effectively.
On the other hand, the infrastructure is the material basis of a society and the one that will determine the social structure, development and social change of the same, including in these levels the productive forces and the relations of production that occur therein.
Answer:
$387
Explanation:
According to the calendar year, the amount of revenue recognized for the first year would be for 9 months i.e from April 1 to December 31
So, the revenue recognized amount is
= Received amount × number of months ÷ total number of months given
= $1,548 × 9 months ÷ 36 months
= $387
Since the amount is given for 36 months but we have to consider for 9 months only and the same is to calculated above.
Answer:
C) cost-leadership strategy
Explanation:
- The strategy of cost leadership is a business strategy that focuses on having a competitive advantage by the cost values, where the beddings are of unique quality and have a good scale, scope, and size and thus offer a good purchasing approach.
- For example, Walmart has succeeded around the world due to low coast strategy.
