Answer:
See the explanation below
Explanation:
Share of net income = 30% × $40 million = $12 million
Dividend received = 20 million × $1 = $20 million
The journal are as follows:
<u>Details Dr ($'million) Cr ($'million) </u>
Investment in Nursery Supplies Inc. 63
Cash 63
<u><em>Being the cash payment for investment in Nursery Supplies Inc. </em></u>
Investment in Nursery Supplies Inc. 12
Investment income 12
<em><u>Being the a share of net income of Nursery Supplies Inc. </u></em>
Cash 20
Investment in Nursery Supplies Inc. 20
<u><em>Being dividend received from Investment in Nursery Supplies Inc. </em></u>
Answer:
Retirement planning is important because it can help you avoid running out of money in retirement. Your plan can help you calculate the rate of return you need on your investments, how much risk you should take, and how much income you can safely withdraw from your portfolio.
Explanation:
1. 5 to 20%
2. i don't know but most likely worker compensation insurance because medicare and social security aren't any form of insurance and unemployment insurance doesn't cover injury related compensation.
3.shopping around for the best deal. I will say shopping around for the best deal because before contacting the agent, searching for the best deal comes first.
4. more investor are willing to take risk.
5. i don't know what CD here implies
6. profit
7.trustworthy someone as borrower. credit score are related to borrower
8. i don't know
9.investing less money in high risk investment.
Price elasticity of demand describes how the quantity demanded changes with a change in price. It describes how responsive demand is to price.
The formula for elasticity is:
e = %change in Quantity ÷ % change in price
Keep in mind that this number will almost certainly be negative, since an increase in price should decrease demand.
The problem tells us that price has doubled. This represents a 100% increase in price: Michelle still spent $30 dollars, although this $30 bought her half as much caviar since the price is twice what it was. This means her quantity demanded, or purchased, fell by 50%.
e= -50% ÷ 100%
e = -0.5
This tells us, more generally, that a x% increase in the price reduces demand by x/2%.
