Answer:
A) 47.83%
Explanation:
The computation of the return is shown below:
= (Supernova price per share - owned purchase price per share) ÷ (owned purchase price per share) × 100
= ($34 per share - $23 per share) ÷ ($23 per share) × 100
= ($11 per share) ÷ ($23 per share) × 100
= 47.83%
Simply we take the difference per share and then divide it by the owned purchase price per share so that the accurate rate of return can be computed
Answer:
Option A, For Pizza rise when income rises.
Explanation:
Option A is correct because the income of the consumer and the demand for normal goods are positively related. So when consumer's income increases then the demand for normal goods also increases. If the income falls then the demand for normal goods also falls. Therefore, the movement in the same direction shows that there is a direct relationship between normal goods and the income of the consumer.
Answer:
The correct answer is letter "D": You are formally accepting a loan and agree to pay it back in accordance to the terms that are outlined for that loan.
Explanation:
A Promissory Note is a written promise made by one party to pay a specified sum of money to another party, either on-demand or at a specified future date. It is commonly used as a means of short-term financing in businesses. For example, when a company has solved many products but not yet collected payments for them, it may become low on cash and unable to pay its own creditors with the case. In such a case, it may ask its creditors to accept a promissory note that can be exchanged for cash at a future time after it collects its account receivables.
