Answer: 19.01%
Explanation:
The simple rate of return is the Income that came from an investment divided by the cost of the investment.
It is therefore expressed by;
Simple rate of return = Net Income / Initial investment
Initial investment
= Price of new machine - salvage value of old machine
= 432,000 - 27,000
= $405,000
Net Income
= Income - depreciation of new machine
= 149,000 - (432,000/6)
= $77,000
Simple rate of return
= 77,000/405,000
= 19.01%
Answer: Yes, because negative correlation coefficient implies there is negative correlation between quantities.
Explanation:
Correlation is a term we use to define the strength and direction of relation ship between two variables.
Negative correlation coefficient means there is a negative correlation between the variables , that is if one increases the other decreases.
Here, variables are : " investment in the textile" and "average temperature in Minnesota during January "
So -0.60 defines that there is negative correlation between the investment in the textile and the average temperature in Minnesota during January.
Answer:
Option B. Buyers to demand a smaller quantity at every price
Explanation:
The reason is that the computer product price has been increased from the previous price due to imposition of tax on it and as we know that the higher prices will decrease the demand of the product and as a result the buyers are less likely to buy the product as it is now priced high.
Answer:
The correct answer is risk premium.
Explanation:
Remember it with simple saying "With great risk there comes greater reward." Risk premium represents the extra return above the risk-free rate that an investor wants in order to be compensated for the risk. In other words, the riskier the investment, the higher the return the investor wants.
