Answer:
Pima Financial
Explanation:
Pima Fiancial Trading is the best investment because they do not claim, unlike Earll Investments, that a high reward is always available with little risk. This is nearly never the case because the higher the risk the higher the reward. Pima Financial Trading's graph rises steadily while Earll's fluctuates heavily. So Pima Financial is the best choice.
Could have been raised, if the price went up, demand would go down, but since there was more demand than supply to start, this would be okay.
Answer:
$12,000
Explanation:
The amount of intercompany profit should be eliminated on the consolidated statements workpaper is the written down value of the merchandise minus the cost of the remaining merchandise in S Company's inventory. This can be calculated as follows:
The written down value of the merchandise = $92,000
Cost of the remaining merchandise = $240,000 × (1 ÷ 3) = $80,000
Intercompany profit = $92,000 - $80,000 = $12,000
Therefore, the amount of intercompany profit should be eliminated on the consolidated statements workpaper is $12,000.
I would say that it would be the <u>rate of return</u> but i might be wrong
