Answer and Explanation:
The computation is shown below:
Return on investment = income ÷ investment
For Simone
= $54 ÷ $605
= 8.93%
For Riley
= $57 ÷ $650
= 8.77%
As it can be seen that simone contains the return on investment so the simone would be preferred
Also, the other factor that should be considered before doing any kind of investment i.e. risk
Answer:
255 gallons
Explanation:
The level at Jackson & Jacinto Auto Repair should order more oil is the re-order point.
To calculate the re-order point, we require for Jackson and Jacinto.
Average daily usage
Delivery lead time ... which is three days
The average daily usage for oil is 510 gallons divided by six working days
= 510/6
= 85 gallons
Formula for getting the re-order point
= (average daily usage x delivery time)
= (85 x 3)
=255 gallons
They should re-order when they have a balance of 255 gallons
Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
Answer:
At the beginning of the virtual meeting it is okay to start with small talks such as the weather.
Explanation:
No option was given here so I think the answer is to make room for small talk. Opening up straight with the meetings agenda is not a very good way to start. By using small talks, each member of the meeting would be more open and flow better with the meetings agenda. Before the meeting starts a few minutes of small talk such as these would get everyone warmed up. And members would feel more comfortable.
