Answer:
Her rate of commission is 2 percent
Explanation:
Commission= $4800
Sale of property = $240,000
Rate of commission = (Commission/ Sale Of Property )* 100
Rate of commission= $ 4800/ $ 240,000 * 100
Rate of commission= 0.02 * 100
Rate of commission= 2%
The above solution can be checked by putting in the values of percent and commission
(Check)
2% of $ 240,000
= (2/100) * $ 240,000
= 2* $2400
= $ 4800
Thus 2 percent of $ 240,00 is equal to $ 4800
In the three options below the statement, the correct answer that fills in the blank is the list price. The list price fills the blank because without this, the price equation will not be complete and list price is necessary in filling up the equation in order to get the product.
Answer:
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
Explanation:
Gross profit from contract in $ = Revenue from Contract - Costs
= $27,000 - $15,600
= $11,400
Gross Profit % = $11,400/$27,000
= 42.2%
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
Answer:
3.6%
Explanation:
The computation of the alpha for the informed investors is shown below:
As we know that
Expected rate of k = Risk free rate of return + Beta × (Market rate of return - Risk free rate of return) + Alpha
16% = 4% + 1.4 × (10% - 4%) + Alpha
16% = 4% + 8.4% + Alpha
16% = 12.4% + Alpha
So,
Alpha = 3.6%
We simply applied the above formula to determine the alpha
