The full form of GNI means gross national income which includes in one year total income earned by residents nd non residents nd also includes foreign income.
the full form of NNI is Net national income . the term NNI known as NDP which incompasses the income of household, business nd government.
The $3,700 (PV: $25,166.26) cash flow stream has the higher present value than the $5,500 (PV: 23,168) cash flow stream if the discount rate is 6 percent. The $5,500 (PV: 15.750.02) cash flow stream has the higher present value than the $3,700 (PV: $14,009.25) cash flow stream if the discount rate is 22 percent.
Answer:
The company must sell $300,000 to earn a target profit of $90,000.
Explanation:
Contribution margin per unit = Sales price per unit - Variable costs per unit. = $60.00 - $15.00 = $45
Contribution margin ratio = Contribution margin per unit / Selling price per unit = $45 / $65 = 0.75, or 75%
Total Fixed Costs = $135,000
Target profit = $90,000
Sales in dollars to earn the target profit = (Fixed cost + Targeted profit) / Contribution margin ratio = ($135,000 + $90,000) / 75% = $300,000
Therefore, the company must sell $300,000 to earn a target profit of $90,000.
Answer:
The bias of most investors suffering from familiarity or overconfidence bias can be attributed to human factor of being comfortable with what the person knows. For example, Investor A knows the owner of Company B, he or she would be comfortable to invest in Company B because he or she is familiarize with the owner or the company.
<em>On the other-hand, when an investor reviews the businesses that he or she has invested in that are doing well, the individual will become overconfident in his or her ability to know and find good prospects to invest. The investor will become laid back in doing his investigation before investing in subsequent businesses.</em>
Explanation:
<span>C. Not being able to spend that $100 on some furniture for your house</span>