The return on investment for this division is (B) 20%.
<h3>
What is the return on investment (ROI)?</h3>
- Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
- A high ROI indicates that the benefits of the investment outweigh the costs.
- ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
- It is one method of connecting profits to capital invested in economic terms.
<h3>To find the return on investment for this division:</h3>
= income/average invested assets
= $40,000/$200,000
= return on investment
= 20%
Therefore, the return on investment for this division is (B) 20%.
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Correct question:
The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?
(A) 500%
(B) 20%
(C) 25%
(D) 80%
Answer:
B
Explanation:
Setting up realistic goals is key to saving money. Why would you want to save for a car when you are 12? You would rather save to get a new tablet or toy.
Realistic could also mean achievable why would you set a goal that has a low chance of you reaching such as becoming a millionaire and so on.
Answer:
$20.80 and $29.61
Explanation:
The computations are shown below:
Current price is
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $1.20 + $1.20 × 4%
= $1.20 + $0.048
= $1.248
So, the current price is
= $1.248 ÷ (10% - 4%)
= $20.80
Now the price in 10 years is
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $1.20 × 1.04^10
= $1.20 × 1.4802442849
= $1.7762931419
So, the price in 10 years is
= $1.7762931419 ÷ (10% - 4%)
= $29.61
Brand loyal decision is a type of nominal decision that is characterized by a fairly high degree of product involvement by a customer, but a low degree of purchase involvement.
<h3>What is Brand
loyal decision?</h3>
A brand loyal decision can be defined as a type of nominal decision which involves a customer having a fairly high degree of involvement in the products offered by a producer (business organization) but a low level of involvement in its purchase.
This ultimately implies that, a brand loyal decision is characterized by a fairly high degree of product involvement with subsequent low degree of purchase involvement.
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True. With competition in a market, firms have to compete to stay ahead of the others
