<span>In this case, there would be deflation at the annual rate of 10%. This is because the value of the basket has become less, and is a rate of $1/$10 less for year two than it was during the first year. When a basket is worth less, deflation has taken place.</span>
Answer:
A. $625,000
Explanation:
We know that,
Residual income = Average operating assets × (Return on investment - Minimum Required Rate of Return)
$50,000 = Average operating assets × (20% - 12%)
$50,000 = Average operating assets × 8%
So, the average operating assets would be
= $50,000 ÷ 8%
= $625,000
We simply apply the formula by considering all the items which are given in the question
The correct answer is Records.
Answer:
entrepreneur are small scale farmers thatthey are passionate with there farm buisness
