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trapecia [35]
3 years ago
8

A great business idea is

Business
2 answers:
9966 [12]3 years ago
8 0
One that gets $$$
^^^^
Ksivusya [100]3 years ago
3 0
By gather all the information you need.
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An investment earned the following returns over a four-year period: 28 percent, 21 percent, 1 percent, and -36 percent. What is
riadik2000 [5.3K]

Answer:

A) 0.0618

Explanation:

Variance is given by:

V = \frac{\sum(Xi - \mu)^2}{n}

Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.

The mean investment return is:

\mu = \frac{0.28+0.21+0.01-0.36}{4} \\\mu = 0.035

The variance is:

V = \frac{\sum(Xi - \mu)^2}{n}\\V = \frac{(0.28- 0.035)^2+(0.21- 0.035)^2+(0.01- 0.035)^2+(-0.36- 0.035)^2}{4}\\V= 0.0618

The variance of the returns on this investment is A) 0.0618.

4 0
3 years ago
Rankine Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various age groups
guapka [62]

Answer:

Net amount of accounts receivable that should be included in current assets:

= Accounts receivable - Allowance for doubtful accounts

= $256,000 - $8,000

= $248,000

The journal entry is as follows:

Bad debt expense[$8,000 - $1,000] A/c Dr. $7,000

           To Allowance for doubtful accounts               $7,000

(To record the bad debt expense)

4 0
3 years ago
If the price of gasoline is relatively high for a long time, consumers are more likely to buy more fuel-efficient cars or switch
kicyunya [14]

Answer: Option A

 

Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.

If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.

However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.

Thus, the correct option is A.

8 0
3 years ago
After World War II, cigarettes were used as money in Germany. This is an example of:________.
Paladinen [302]

Answer: Commodity Money

Explanation:

Commodity money is used to describe goods that have an intrinsic value that enable them to be used as a medium of exchange for goods and services. For a good to be used as commodity money, it should be rare and easily exchangeable.

Examples of goods that have been and can be used as commodity money include gold, silver, alcohol and cigarettes with cigarettes being especially popular in prison.

7 0
3 years ago
If prices of a good or service are expected to increase in the future, the demand for that good or service will ______ today. If
liubo4ka [24]

The current <u>demand falls</u> if the prices are likely to increase in the future whereas the current <u>demand rises</u> if prices are likely to decrease in the future.

<h3>What is demand?</h3>

Demand is one of the market factors that tells about the goods being purchased by the customers.

When the rates of goods are expected to be rise in the future, then the demand for those goods would downfalls. In contrast, the reverse case will make the demand enhancing. The rise or fall in demand also directly affects the supply by the producers.

Therefore, there is an inverse relationship between futuristic prices and the current demand for products.

Learn more about the demand in the related link:

brainly.com/question/10489478

#SPJ1

5 0
2 years ago
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