Answer:
depends on how much you already have...
Explanation:
Answer:
The appropriate solution is:
(a) $3150
(b) $4200
Explanation:
According to the question,
(a)
The exchange loss will be:
= 
= 
= 
($)
(b)
The exchange loss will be:
= 
= 
= 
($)
Answer:
The answer to this question is b. Yours will be positive and your roommate's would be negative.
Explanation:
Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.
An income elasticity of demand can be positive or negative.
It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.
In the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.
Hence the answer given.
<span>b. companies always carefully test any claims that they make about a product </span>
The owner’s return on equity is 0.111
$40,000 ÷ $360,000 = 0.111 = 11%
In finance, equity is the possession of property that could have money owed or other liabilities attached to them. equity is measured for accounting functions by using subtracting liabilities from the fee of the property.
Equity is described as “the state, first-rate or ideal of being simple, impartial and truthful.” The idea of fairness is synonymous with fairness and justice. it's far helpful to consider fairness as now not genuinely a preferred situation or a lofty value.
Equity may be calculated through subtracting liabilities from property and may be carried out to an unmarried asset, along with actual property, or to a business. as an instance, if someone owns a house worth $400,000 and owes $three hundred,000 on the loan, the difference of $a hundred,000 is fairness.
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