Answer:
5.21%
Explanation:
14.1% or 14.1/100 = +0.141 (gain)
4.8% or 4.8/100 = -0.048 (loss)
7.2% or 7.2/100 = +0.072 (gain)
Firstly, we will add 1 to each annual return
1st year = 0.141 + 1 = 1.141..................R1
2nd year = -0.048 + 1 = 0.952.........R2
3rd year = 0.072 + 1 = 1.072.............R3
Now, we need to calculate the combined percent
(R1*R2*R3)^n
. n =3
(1.141*0.952*1.072)^(1/3)
= 1.164440704 ^ (1/3)
= 1.05205665
Annualized average rate of return = Combined % - 1
= 1.05205665- 1
= 0.05205665
= 0.05205665 * 100
= 5.205665%
= 5.21%
So, required annual average rate of return over the three years is 5.21%
The statement that is false is When the marginal product of labor is upward-sloping, the marginal cost curve (MC) is upward-sloping.
<h3>What is the relationship between marginal product and cost?</h3>
The two measures have an inverse relationship. This means that when one is increasing, the other is increasing.
When marginal product of labor is increasing, the marginal cost curve decreases so this statement is false.
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The five C's of credit<span> is a system used by lenders to gauge the creditworthiness of potential borrowers. The system weighs five characteristics of the borrower and conditions of the loan, attempting to estimate the chance of default. The five </span>C's of credit<span> are character, capacity, capital, collateral and conditions.
please give me brainliest</span>
Answer:
times interest ratio = EBIT / interest expense
1)
Kringle: TIE ratio = ($40,870 - $10,300 - $350) / $350 = 86.34
Leihman: TIE ratio = ($46,320 - $12,080 - $2,000) / $2,000 = 16.12
2)
Kringle was better able to cover its interest expenses since its TIE ratio is much higher than Leihman's (more than 5 times higher). This means that it is much easier for Kringle to pay off the interests on its debt.