Answer:
S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30
Explanation:
Note: See the attached file to see how the net present value is calculated.
From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.
Answer:
The demand for beer is inelastic
Explanation:
Price Elasticity of Demand (PED) is the measure of responsiveness of the demand of a consumer to a product to a change in the price of the product. The formula is percentage change in quantity demanded divided by percentage change in price.
A PED of greater than 1 is elastic, meaning that the demand for a product is sensitive to the very small change in price.
A PED of less than 1 is said to be inelastic, which implies that there is no significant change in the quantity demanded when the price changes. In our example, the PED is inelastic because:
since 0.25 is less than 1, PED is inelastic
Finally, if the ratio of the percentage changes in both quantities demanded and price equals 1, it is said to be unit elastic. This means that there is a proportionate change in quantity demanded with a change in price.
The Federal Application for Student Aid (FAFSA) form: is a form that can be prepared yearly by current and prospective undergraduate and <span>graduate </span>college students in the U.S. to determine their eligibility for student financial aid.
<span> FAFSA shouldn't be confused with the</span><span> </span><span>CSS Profile--</span><span> a fee-based product of the</span><span> </span><span>College Board</span><span> </span><span>and usually used by colleges to distribute their own institutional funding rather than federal or state.</span>
Answer:
<em>B. The contract was oral.
</em>
Explanation:
The young graduate will most likely not succeed in attempting to enforce the promise made by his grandpa since the promise has not been in writing, as mandated by the Frauds Statute.
In particular, agreements do not have to be binding in writing; though, by the Frauds Statute, other agreements would not be binding unless they have been demonstrated by a document signed by the party to be indicted.
Another such arrangement is to pay another's debt, like the grandpa's promise to pay the uncle's debt here if he fails to pay.
<em>Hence, the Option B is right.</em>
