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baherus [9]
3 years ago
12

The substitution effect is the concept that if the price of x goes ________ , there will be an increase (shift right) to x away

from substitute goods.
Business
1 answer:
oksian1 [2.3K]3 years ago
5 0
The answer is right, if not are there choices
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How can we build up strong analytical skill discuss​
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hope help you

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Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,
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Answer:

Increase on cost of goods sold by $215, decrease in merchandize by $215.

Explanation:

With regards to the above information, the cost of goods sold will increase by $215, while the merchandize value would also decrease by $215.

Here, the books will be even out so that it would show there was a shrinkage at year end and beyond that which was purchased to have taken place.

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2 years ago
You are offered a chance to buy an asset for $5,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
jeyben [28]

The rate of return I would earn if you bought the asset is 16.91.

<h3>What is the internal rate of return?</h3>

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.

IRR can be calculated with a financial calculator

  • Cash flow in year 0 = $-5250
  • Cash flow in year 1 = $750
  • Cash flow in year 2 = $1000
  • Cash flow in year 3 = $850
  • Cash flow in year 4 = $6250

IRR = 16.91%

To learn more about the internal rate of return, please check: brainly.com/question/24172627

8 0
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What do you know about the company/organization you wish to work for?
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Financial health of the company.

Company's brand value.

Work culture and environment.

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