Answer:
$12 million
Explanation:
Given that,
Cost of equipment purchased = $10 million
Requirement of an additional investment in working capital = $2 million
Tax rate = 40 percent
Here, the initial investment outlay is the combination of amount necessary to purchased the equipment and the additional investment in the working capital.
Initial investment outlay:
= Cost of equipment purchased + Additional investment
= $10 million + $2 million
= $12 million
The answer is<u> "e. low p/e stocks tend to have positive abnormal returns and one can consistently outperform the market by adopting the contrarian approach exemplified by the reversals phenomenon".</u>
The Efficient Market Hypothesis (EMH) is a investment theory whereby share costs mirror all data and predictable alpha age is unimaginable. Hypothetically, neither specialized nor essential examination can create hazard balanced overabundance returns, or alpha, reliably and just inside data can result in outsized hazard balanced returns. As per the EMH, stocks dependably exchange at their reasonable incentive on stock trades, making it inconceivable for speculators to either buy underestimated stocks or offer stocks at swelled costs. Thusly, it ought to be difficult to beat the general market through master stock determination or market timing, and the main way a speculator can get higher returns is by acquiring more hazardous investments.
<u>Answer:</u> Does not require any privacy policy.
<u>Explanation:</u>
Privacy policy is not stated as compulsory under any federal laws and statutes. Under certain circumstances it is important to provide the privacy policy in the website. When collecting information from children for using the websites.
If the website collects the personal information then according to law it has to provide the ways of usage of these information. Burns medicine shop does not collect children information, financial information or identifiable information so it does not require privacy policy according to law.
It is Globalization. It refers to the unrestricted movement of goods, capital, services, people, technology, and information. It is the act or procedure of global integration of countries arising from the union of world views, products, ideas, and other aspects of culture. Improvements in transportation and telecommunications structure have been the key factors in globalization, making further interdependence of trade & industry and cultural activities.
Answer:
The ratio will fall.
Explanation:
This is a marginal utility question.
Consumers usually spent their income so as to maximize the utility driven from consumption of products.
In case of X and Y, a consumer will spend and allocate their income such that every last Dollar spent on each product yields the same utility so,
MU of X / P of X = MU of Y / P of Y
where MU = marginal utility and P = price.
So when the price of X rises, the ratio of MU/ P of X falls.
This will call for a reallocation of income to again be able to maximize the utility.
Hope that helps.