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The interest earned by the Sherwood Day Corporation is calculated by subtracting from the net income all the expenses including the interest expense and the tax expense. Mathematically,
interest earned = $200,000 - ($40,000 + $30,000)
= $130,000
Answer:
Percentage of total return on Investment = <em>ROI = 17% </em>
Explanation:
Let’s
ROI = Return on Investment = ?
D = Dividends = $15
CGD = Capital Gain Distributions = $35
CGS = Capital Gain on Sale = $120
SP = Shares Purchased = 100
CS = Cost per share = $10.00
ROI = (D + CGD + CGS) / (SP * CS)
ROI = ($15 + $35 + $120) / (100 * $10.00)
ROI = 170 / 1,000
ROI = 0.17
Percentage: 0.170 x 100%
<em>ROI = 17% </em>
Answer:
The correct option is C.
Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.
Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.
Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.
Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.
Answer:
Celeberties get a lot of attension, companies want attension to sell the goods or serveicef they see a celebirty they feel safe in buying their things.
Explanation:
