Answer:
4600
Explanation:
Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)
Answer:
The answer is option e. $44.46
Explanation:
The stock's expected price after 5 years can be expressed as;
FV=CV(1+RRR)^n
where;
FV=future value of stock/expected price after 5 years
CV=current price of stock
DGR=dividend growth rate
n=number of years
In our case;
FV=unknown
CV=$35.25 per share
DGW=4.75%=4.75/100=0.0475
n=5 years
replacing;
FV=35.25(1+0.0475)^5
FV=35.25(1.0475)^5
FV=44.46
Answer:
Those who possess required skills.
Explanation:
Considering the firm's size and having a few resources, the firm should select employees who possess the following 3 important skills:
1. Honesty, and a Strong Work Ethics; this employees can be trusted with tasks, and may possess high moral standards beneficial for success.
2. Intelligence
they should be teachable and this may be proven by the use of an IQ or personality test.
Their professionalism is well reflected by their ability to introduce new technologies in web design.
3. Leadership Skills
This employees are vital for the long-term growth of the firm.
They could effectively lead teams, train new team members and boost the firm's workplace productivity.
Yes yes yes yes yes yes yes
The reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
<h3>What is an inferior good?</h3>
An inferior good is a concept used in economics to describe a product whose demand falls as people's earnings increase. As salaries and the economy improve, people begin to replace these things with more expensive alternatives.
- The demand for an inferior good usually falls as consumer income grows, as opposed to normal goods, which experience the reverse.
Therefore, we can conclude that the reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
Learn more about inferior goods here:
brainly.com/question/6039968
