Answer:
Delgado will classify the stock on his balance sheet as a long term investment.
Explanation:
A long term investment is an asset owned by a company and which it hopes to keep for more then a year.
Long term investments are recorded on the asset side of balance sheets and they can be in form of land, bonds, stocks, machinery, and so on.
The opposite of long term investment is short term investment where an asset is kept for less than a year.
Answer:
500%
Explanation:
Given that,
Income elasticity of demand = 2.5
Consumer income increases from $100 to $300,
Therefore, percentage change in consumer income:
= [($300 - $100) ÷ $100] × 100
= [$200 ÷ $100] × 100
= 200%
Income elasticity of demand = (% change in Quantity demanded) ÷ (% change in income)
2.5 = (% change in Quantity demanded) ÷ 200%
Hence,
% change in Quantity demanded = 2.5 × 200%
= 500%
Answer:
false
Explanation:
For successful IT managers, IT knowledge is not only the skills that need to be inherited but skills like communication, organizational and negotiation skills are must also.
other skills other than IT is also play a very important role in the growth of an individual.
communication skills help to developed interpersonal skills. A good communicator is a good influencer and good motivator thus individual having good communication can help and guide their subordinate to bring the positive results
Explanation:
They use a minimum amount of resources for the amount of outputs produced.
Answer:
She will report an interest income of $1,827 for this year.
Explanation:
The yield to maturity is 6%. However, the interest on the bond is compounded semi-annually. Therefore, we need to calculate the interest income for either semi-annual period and then sum the two incomes.
Interest income for first semi-annual period
= $30,000 x 0.06 x 6/12
= $900
Interest income for second semi-annual period
= ($30,000 + $900) x 0.06 x 6/12
= $30,900 x 0.06 x 6/12
= $927
Interest income for the year
= $900 + $927
= $ 1,827
