Duty are taxes that are paid on imported goods.
Duty free means that you do not have to pay import duty on that particular item you buy.
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Answer:
The Carter's equity multiplier and peer group equity multiplier is 4.375 and 3.21 respectively.
Explanation:
For computing the Return on equity based on equity multiplies the following formula is used which is shown below:
Return on Equity = Net Profit margin × Total assets turnover × Equity multiplier
Since ROE, profit margin and Total assets turnover ratio is given. The Equity multiplier can be easily calculated.
Carter equity multiplier = Return on Equity ÷ (profit margin and Total assets turnover ratio)
= 23.1% ÷ (3.30% × 1.60 times)
= 4.375
Peer group equity multiplier = Return on Equity ÷ (profit margin and Total assets turnover ratio)
= 23.1% ÷ (3.59% × 2 times)
= 3.21
Hence, the Carter's equity multiplier and peer group equity multiplier is 4.375 and 3.21 respectively.
Answer:
Quantity of House coffee blend = 22 pound
Quantity of Rift Valley coffee blend = 38 pound
Explanation:
Given:
Quantity of House coffee blend = x
Amount of House coffee blend = $13.20 pound
Quantity of Rift Valley coffee blend = y
Amount of Rift Valley coffee blend = $14.40 pound
Total quantity = 60 pound
Sell price = $13.96 per pound
Find:
Quantity of House coffee blend
Quantity of Rift Valley coffee blend
Computation:
x + y = 60 ........Eq1
And,
13.20 x + 14.40 y = 13.96(60)
13.20 x + 14.40 y = 837.6.........Eq2
from Eq2 and Eq1
y = 38
and x = 60 - 38 = 22
Quantity of House coffee blend = 22 pound
Quantity of Rift Valley coffee blend = 38 pound
Answer: D. can say that Chan is buying the utility-maximizing amounts of donuts and cheese.
Explanation: Utility is the amount of satisfaction derived from consuming a product or service. In the question above, Chan is deriving the same amount of satisfaction/utillity (25 utils) from the quantity of donuts and cheese that he buys. There is no reason to change the ratio in which he buys them.
If he was deriving more satisfaction from one of the two, we could say that he should buy more of that item to maximize his satisfaction. But this is not the case.
