A) 16,000 because the other two requirements are added to the machine after it is all paid for unless the insurance is bought with the machine which then it would be C) 16,800
Answer:
$47,500
Explanation:
The computation of the dollars amount for meeting the obligation is shown below:
= Expected amount to pay × forward rate
= 5,000,000 × $0.0095
= $47,500
We simply multiply the Expected amount to pay with the forward rate so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
the expected return is 10.9%
Explanation:
The computation of the expected return is shown below:
= expected return × weightage
= 0.16 × 0.35 + 0.15 × 0.10 + 0.12 × 0.15 + 0.05 × 0.40
= 0.056 + 0.015 + 0.018 + 0.020
= 10.9%
Hence, the expected return is 10.9%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Starbucks Coffee is a 'normal good', while Beanlightened coffee is an 'inferior good'.
Andrew's demand for Starbucks coffee changed as a result of an increase in his 'income'
Explanation:
A normal good is a good that sees it's demand rise as income or wages rise. Essentially if you're making more money, you buy more of such goods. Andrew is now making more money so he buys more of Starbucks coffee.
An inferior good on the other hand is one that sees it's demand drop as wages or income rises. You usually buy less of it the more money you make. Take no brand cornflakes for instance, as one makes more money they tend to buy less of it and more of branded cornflakes. Beanlightened coffee is therefore an inferior good.
Income is compensation you get for providing a service. In this instance Andrew receives $75000 a year for being a programmer.
E. Objectional plan is the answer
