Answer:
This request cannot be honored because the securities must be paid for, in full, to process a transfer and ship request
Explanation:
Answer:
The elasticity is about 1.43, and an increase in the price will cause hotels' total revenue to decrease
Explanation:
The formula of the midpoint for the variation of the quantity is
and for the price is
. With the variation of the price and the quantity the elasticity formula is ΔQ/ΔP. Replacing the elasticity is -1.43
The price elasticity of the demand is bigger than 1, that means that the demand is elastic, every increase of the price will cause a bigger decrease of the quantity, the revenue will drop because the increase of the price do not compansete the decrease of the quantity.
Answer:
20%
Explanation:
Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.
It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.
Mathematically,
Return on asset = net income/average total asset
= $800,000/$4,000,000
= 0.2
= 20%
This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.
try this one outhttps://www.irs.gov/retirement-plans/401k-plans
Your money will double in approximately 11 years and quadruple in approximately 22.
Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).