Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
Answer: Jimmy's Peanut Farm has to decrease its prices by 2.5% in order to achieve a 1% increase in the quantity of peanuts it sells.
Jimmy's Peanut Farm can increase the quantity sold by 1% only when the demand for peanuts increases. Demand for peanuts will increase only when the price of peanuts decrease. The Price Elasticity of Demand measures the responsiveness of demand to a percentage change in price.
The formula for Price Elasticity of Demand (PED) is given by the formula:
We have:
Percentage increase in quantity 1% or 0.01
Price Elasticity of Demand (PED) 0.40
Re-arranging the PED formula above we get,
Substituting the values in the equation above we get,
Answer:
The cost of ending inventory = $193,200.
Explanation:
First in First out (FIFO) inventory system refers to the system where the materials are issued when they have purchased in an orderly manner. See image below to get your answer with illustration.
Answer:
$2,122,426
Explanation:
The computation of the amount that must to pay for the retirement of the mortgage is given below:
But first we have to determine the monthly payment i.e. PMT by using excel function
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 30 = 360
FV = 0
PMT = $15,272.73
Now we have to determine the future value
Given that
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 5 = 60
PMT = $15,272.73
So, FV = $2,122,425.62
Kenneth wants to avoid a mistake when buying his new SUV.
<h3>What is a review?</h3>
A review is a brief writing in which the author has the purpose of evaluating and describing a work from his point of view to make it known to the public.
These days reviews have become popular because people generally write reviews about their experience buying or using a product.
In Kenneth's case, he has looked at various reviews and done a lot of research on the new SUV he wants to buy to avoid making a mistake and buying the wrong car for his needs and tastes.
Learn more about a review in: brainly.com/question/9816242
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