The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
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$1000 coupons for coupons ignore liquidity premium bond you’re so mature healed to maturity a temperature of a tree family ancient mayonnaise
Answer: $1,160,000
Explanation: The Break even point depicts the amount of sales by making which the company will be at no profit or no loss situation. It can be computed using following formula :-
where,
contribution margin = 1 - variable cost ratio
= 1 - 0.6
= 0.4
so, putting the values into equation we get :-
= $1,160,000
<span>Return on equity is $800,000 / ($6,000,000 - $1,200,000 = 16.67%.
Return on equity is net income divided by equity. We are given net income, but not equity. Equity is equal to average assets LESS average liabilities. Solving through will yield the equation as seen above. This question requires a finance background.</span>
