Annie can be probably exhibiting <span>strongly positive time preferences and prospect theory. Annie is contemplating which shoes she would buy so she has a strongly positive time preferences and a prospect theory because she has a decision and has an alternatives what type of shoes she would buy.</span>
Commit to buy more in the future
Answer:
Gross profit will be $4
Explanation:
We have given that merchant purchased a jacket for $60
So purchased price = $60
Let the markup price is x
Now according to question selling price = x+60
Now it is given that marked up price is 25 % of the selling price
So 
X = 20
So selling price = 60+20 =80
Now there is discount of 20%
So price after discount = 
So gross profit = $64 -$60 = 4
<span>Baldwin has a ROE of 0.23 (ROE = net income/equity). that means: Baldwin has an return on equity of 23%. The ROE is the amount of net income that is </span>returned as a percentage of shareholder quality. ROE and this equation shows the corporations profitability but showing how much profit they have with the money that is invested by shareholders.