Answer:
c. 42.6%
Explanation:
Average total assets = $410,000+$257,000/2
Average total assets = $667,000
Average total assets = $333,500
Net income = $112,000
Interest expenses = $30,000
Return on total assets = Net income + Interest expenses / Average total assets
Return on total assets = $112,000 + $30,000 / $333,500
Return on total assets = 0.42388060
Return on total assets = 42.39%
Answer:
The correct answer is letter "B": Rider.
Explanation:
A rider policy adds or restricts terms to an already existing insurance policy. This is typically used when the policyholder includes in the original coverage some others such as life, home, and auto insurance. Rider policies are typically low priced and in most cases are offered by the same insurance companies at a special discount to promote consumption among their insured.
Answer:
In percentage terms It wil lbe an increase of 60%
Explanation:
We will calculate as follow:
currently the revenue is 1.55
if the price goes up to 3.10 the demand falls by 20%
so we are reducing sales revenue by 20%
3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48
Now we can calculate the percent of change in the water expenditure:
2.48/1.55 - 1 = 0.60
In percentage terms It wil lbe an increase of 60%
All you have to do is substitute the y values to the equation to solve the corresponding c values which stands for the consumption levels. To illustrate the solution,
when y = 100,
C = <span>120+0.65(100)
C = 185
</span>when y = 120,
C = 120+0.65(120)
C = 198
when y = 125,
C = 120+0.65(100)
C = 201.25
And so on and so forth. The answers would be:
y C
100 185
120 198
125 201.25
140 211
80 172
115 194.75
145 214.25
150 217.5
166 227.9
200 250
