Some salesperson do try to start a new interaction by asking for something small from a potential customer because they know getting small acts of cooperation may lead to larger actions. The answer in this question is simply because they know getting small acts of cooperation may lead to larger actions.
Answer:
1. 20%
2. 25.20%
3. 24.00%
Explanation:
1. The computation of return on investment is shown below:-
Return on investment = Operating income ÷ Average operating assets
= $70,000 ÷ $350,000
= 20%
2. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $18,200) ÷ $350,000
= $88,200 ÷ $350,000
= 25.20%
3. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $14,000) ÷ $350,000
= $84,000 ÷ $350,000
= 24.00%
So, we have applied the above formula.
<u> </u>More managerial opportunities are available for <u>American</u> women
Answer:
42.5%
Explanation:
The computation of the inflation rate between 2012 and 2011 is shown below:
But before that we need to do the following calculations
Cost of basket for the year 2011 is
= 5 × 2 + 20 × 0.5
= 10 + 10
= 20
And the base year price index i.e. CPI is 100
Now
Cost of same basket in year 2012 is
= 5 × 2.10 + 20 × 0.90
= 10.5 + 18
= 28.5
Now
CPI in 2012 is
= ($28.5 ÷ $20) × 100
= 142.5
So,
Inflation rate is
= (142.5 ÷ 100) - 1
= 1.425 - 1
= 0.425
= 42.5%
Answer:
1.97% and 2.01%
Explanation:
The computation of the effective annual rate is shown below:-
Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1
For CD 1
= (1 + 0.0195 ÷ 12)^12 - 1
= (1 + 0.001625
)^12 - 1
= (1.001625
)^12 - 1
= 1.97%
For CD 2
= (1 + 0.02 ÷ 2)^2 - 1
= (1 + 0.01
)^2 - 1
= (1.01)^2 - 1
= 2.01%
CD 2 will recommend to the grandmother
