Answer:
10.87%
; 17.95%
Explanation:
Expected return:
= (probability of recession × return during recession) + (probability of normal × return during normal) + (probability of boom × return during boom
)
Expected return for stock A:
= (0.16 × 0.07) + (0.57 × 0.10) + (0.27 × 0.15)
= 0.1087
= 10.87%
Expected return for stock B:
= (0.16 × -0.11) + (0.57 × 0.18) + (0.27 × 0.35)
= 0.1795
= 17.95%
The decline in the value of the asset turnover ratio indicates an unfavorable trend in using assets to generate sales.
<h3>What is the asset turnover ratio?</h3>
The asset turnover ratio is a financial ratio known as the activity ratio. It measures the efficiency with which a firm carries out its operations. The higher the asset turnover ratio , the more efficient the firm is and the lower the ratio, the less efficient the firm is.
The asset turnover ratio = revenge / average total ratio
To learn more about financial ratios, please check: brainly.com/question/26092288
The scenario between Mandi and the car dealer is simply known as a assumptive close.
<h3>What is a assumptive close?</h3>
An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.
In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.
Learn more about dealer on:
brainly.com/question/1918419
Answer:
TRUE
Explanation:
In the case of long term loans and financing, the age of the applicant is an analytical parameter that the lender takes into consideration. This is because these loans are long and an older person is more likely to die before the installment ends. It is therefore more difficult for an elderly person to finance a home than a 30-year-old, for example.
Answer:
True
Explanation:
The purpose of any business is to make profit, which is from the difference between revenues (price of product multiplied number of product sold) with the cost of goods sold (average total cost multiplied number of product sold).
In short, the profit = (price - average total cost) x number of product sold.
Normally the price must be above/ higher than cost, so that the firm can have profit. Sometime the price in the market go down, so the firm have have to adjust down its price also to maintain customer's purchases.
Once its price is down, but the firm's average total cost is still same as previous, the firm can not have profit as previously. The firm may bear this situation as long as its capital capacity allowed, but will not be too long.
