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The true economic yield produced by an asset is summarized by the asset's<u> internal rate of return.</u>
<h3>
What is internal rate of return?</h3>
- In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero.
- The same formula is used for NPV calculations and IRR calculations. Remember that the project's true financial value is not represented by the IRR.
- The annual return is what brings the NPV to a negative value. The more attractive an investment is to make, the greater the internal rate of return.
- IRR can be used to rank numerous potential investments or projects on a pretty even basis because it is consistent for investments of different types.
To learn more about internal rate of return with the given link
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Explanation:
Mass media is considered the reporting and exchange of more general knowledge. It suggests that the same material is being disseminated, without modifications or adjustments, to the people or customers at a time and reaching other people or customers. The samte letter here is only to be sent to an overwhelming number of customers.
Several illustrations are available; books such as THE ALCHEMIST, 7 HABITS OF HIGHLY EFFECTIVE PEOPLE, MY FAITH, ART of WAR, RICH DAD & POOR DAD, etc., and many other books that were sold more than one million copies of their introduction in the market. It is the subject or information that has been published or offered in the books, and many people still have read the books.
In the past, books may be available in limited form, but many of the books can now be purchased in many places. And now, more e-books than physical copies are becoming popular. It requires fewer production costs and is even open to consumers at reasonable prices. We needn't be shipped and stored at various locations. It can be stored in our mobile or system and we can do so whenever we want to read or site.
Answer:
a. iii. Too little
b. i. The industry's supply of cashews will exceed Q1 and the price of cashews will equal P1.
Explanation:
Allocative efficiency refers to the point in production where Marginal Revenue equals Marginal cost. As this is a perfectly competitive market, marginal revenue is the same as price which as shown in the question, exceeds Marginal cost. The firms are therefore producing too little to achieve allocative efficiency and need to produce more to make price and marginal cost equal.
In the long run, the firms will produce more such that supply would exceed the original quantity supplied of Q1. This will lead to the price falling back to P1 as there is now less scarcity.
Answer:
$163,320
Explanation:
The computation of the total cost of units completed is shown below:
The conversion cost is
= Direct labor + factory overhead
= $53,460 + $13,860
= $67,320
Now the total cost of unit completed is
= Direct material + conversion cost
= $96,000 + $67,320
= $163,320
This is the answer but the same is not provided in the given options