The rate of return I would earn if you bought the asset is 16.91.
<h3>What is the internal rate of return?</h3>
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.
IRR can be calculated with a financial calculator
- Cash flow in year 0 = $-5250
- Cash flow in year 1 = $750
- Cash flow in year 2 = $1000
- Cash flow in year 3 = $850
- Cash flow in year 4 = $6250
IRR = 16.91%
To learn more about the internal rate of return, please check: brainly.com/question/24172627
Answer:
(a) <u><em>normal</em></u>
<em>1.</em><u><em> Less than 1 but greater than 0
</em></u>
Explanation:
<em>Estimating demand elasticity of income is the percentage change in demand quantity divided by a percentage change in income. </em>
Therefore, for a normal good, its demand's income elasticity would be positive.
In this scenario the demand income elasticity is <em>1/25 = 0.4. </em>
So here the truck is indeed a normal good because the value is positive.
Answer:
a) true
Explanation:
When we are talking about building brand equity, we are talking about increasing our customers' perception and value of our brand or company's name. Building brand equity emphasizes the brand itself over any specific product or service that our company offers. E.g. Rolls Royce is the most luxurious car manufacturer in the world, and they built brand equity upon luxury in all its vehicles, not one specific car.
In this case, Travelwell is emphasizing a characteristic that should apply to all its product line, not just one specific type of luggage.
B. H0 : There is no association between race and the section of the apartment complex.
H A: There is an association between race and the section of the apartment complex.
Find the χ2 statistic
Solution
The formula for calculating χ2 statistic is given by ;
χ2∗ =∑(Oi−Ei)2/Ei, where Oi and Ei is the i^th observation and the i^th expected count
From the given data calculated the expected count using the formula; E = (row total *column total)/sample size
χ2 = 7.104439336,
χ2 = 7.104 (rounded to 3 decimal .places)
The P-value is;
Degrees of freedom = (2-1)*(2-1) = 1, χ2 = 7.1044
P-value from chi-square calculator is 0.007689
It depend on the country and the place. In certain countries there are certain regulations determining the lowest payment, in other countries the unions plays a big role on determining the minimum salary for the new graduates, or at least they know very well the average salary for the careers they represent. However, the active demand in certain careers plays a big role in determining the average salary. In many cases, it would be possible for you to google it and read about the various stories of the applicants and the people who joined the new jobs.
