Answer: 25%
Explanation:
The annual rate of return is calculated by simply dividing the Annual income by the average investment.
Annual Income
Annual revenues of $133,500
Annual expenses of $76,000
Annual Income = Revenues - Expenses
Annual Income = $57,500
Average Investment
Calculated by dividing the Addition of the beginning and ending (salvage value) Investment figure by 2.
= (449,000+11,000)/2
= $230,000
Annual Rate of return is therefore,
= 57,500/230,000
= 0.25
= 25%
This is false. When inflation happens, prices go up in the economy.
<span>• One source of credit is retail stores, which are department stores (macy's, neiman marcus) that will give you a card that you can use only at that store
• Another source of credit is credit card companies like visa, mastercard, American express, and discover.</span>
Answer:
d
Explanation:
The four P's of marketing are the foundation for which marketing stands on.
They include :
product - this is the good that is being marketed
price - what consumer pays for the good
place - this is where the good is being marketed
promotion - this are the various forms of advertising carried out for the good
