Answer:
-5.95%
Explanation:
A = P(1+r)^n
A is the auction price at which the sculpture was sold = $10,331,500
P is the price the sculpture was purchased = $12,417,500
n is the time interval between the year of sales and year of purchase
10,331,500 = 12,417,500(1+r)^3
(1+r)^3 = 10,331,500/12,417,500
(1+r)^3 = 0.832
1+r = (0.832)^1/3
1+r = 0.9405
r = 0.9405 - 1 = -0.0595 = -5.95%
Answer:<em> Option (E) is correct.</em>
From the given option, the following will reduce Bankston's need to issue new common stock: <em>Increase the percentage of debt in the target capital structure.</em>
With an increase in percentage of debt , there will be a proportional increase in cost of equity and thereby decreasing investment in equity. This will therefore reduce Bankston's need to issue new common stock
Answer:
Percentage Change | Increase and Decrease
First: work out the difference (increase) between the two numbers you are comparing.
Increase = New Number - Original Number.
Then: divide the increase by the original number and multiply the answer by 100.
% increase = Increase ÷ Original Number × 100.
Explanation:
thats how you find out how to calculate percentage change in value
hope it helps
Answer:
If you enter a road from a driveway, alley or roadside you must:
Yield to vehicles already on the main road.
Explanation:
The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.
In the following cases the right of way has to be yielded;
1. When one is at a yield sign for example; a stop sign
2. At a pedestrian crosswalk
3. At intersections that don't have traffic lights or where there is uncontrolled movement
4. At T intersections where one has to yield to motorists already on the main road
5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road
6. One one is moving from a parking lot to the pavement
In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.
