Answer:
The correct answer is option C.
Explanation:
An outlet store can be described as a store directly owned and operated by manufacturers who provide their products to the public often at discounted prices.
Here, in the given example, The Home Laughlin China Company of West Virginia produces Fiesta China and sells directly to the public in their store.
So, it is an example of an outlet store.
Answer: 0.90 or 90%
Explanation:
The risky portfolio gives a return of 16% and the T-bill gives a 6% return.
Assume that proportion y is going into the risky portfolio and x is going into the T-bill.
The expected return for the overall portfolio = 15%
Use simultaneous equation:
x + y = 1
0.16y + 0.06x = 0.15
y = 1 - x
0.16 (1 - x) + 0.06x = 0.15
0.16 - 0.16x + 0.06x = 0.15
-0.1x = 0.15 - 0.16
x = -0.01/0.1
x = 10%
y = 1 - x
= 1 - 10%
= 90%
= 0.90
Answer: $8954.24
Explanation:
Given the following :
Amount spent by Joelle on Healthcare in 2007 = $5000
Healthcare cost increases by 6% yearly ;
Amount spent on Healthcare in 2017 =?
Number of years between 2007 - 2017 = 10 years
6% yearly increase for 10 years :
The future value (FV) factor = (1 + r) ^n
Where r = rate = 0.06 ; n = period = 10 years
FV factor = (1 + 0.06)^10
FV factor = 1.79084
Therefore, Amount in 2017 equals ;
Amount in 2007 × FV factor
$5000 × 1.79084
= $8954.24
Answer: Balanced scorecard
Explanation:
The balanced scorecard is referred to as the strategy administration management method. It is also known to be a semi structured report. It is foremost utilized by the employees i.e. managers of the organization in order to keep the records of implementation and enforcement of the activities, which are undertaken by their employees within the authority and control , so as to monitor the circumstances arising from this.