Lauren's Beauty Boutique can forecast the sales for week 6 using three different methods.
What are the three methods to forecast sales for week 6 at Lauren's Beauty Boutique?The naive method calculates the forecast for week 6 by assuming that the sales will be the same as the previous week, which is 460 units. The simple average method calculates the forecast by taking the average of the sales over the past five weeks, resulting in a forecast of 432.2 units. The three-period moving average method calculates the forecast by averaging the sales from the three most recent weeks, giving a forecast of 457.7 units for week 6.
The naive method is a simplistic approach that assumes no significant changes in sales patterns. The simple average method provides a more balanced forecast by considering the overall sales trend. However, it may not capture short-term fluctuations.
The three-period moving average method offers a compromise between the previous two methods by considering a shorter time frame, which can be useful in capturing recent changes in sales. It's important to note that these methods are based solely on historical data and do not account for potential external factors that could affect sales.
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Madetaylor Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator. This calculator will sell for $100. The company feels that sales will be 16,000, 18,000, 20,000, 22,000, 24,000 and 22,000 units per year for the next 6 years. Variable costs will be 20% of sales, and fixed costs are $500,000 annually. The firm hired a marketing team to analyze the product's viability, and the marketing analysis cost $750,000. The company plans to use a vacant warehouse to manufacture and store the calculators. Based on a recent appraisal, the warehouse and the property is worth $4 million on an after-tax basis. If the company does not sell the property today, it will sell it six years from today at the currently appraised value. This project will require an injection of net working capital at the onset of the project for $500,000. The firm recovers the net working capital at the end of the project. The firm will need to purchase some equipment for $3,000,000 to produce the new calculators. The equipment has a 7-year life and depreciated using the straight-line method. At the end of the project, the anticipated salvage value is 0. Surprisingly the firm can sell the machine at the end of the project for $1,000,000. The firm requires a 7% return on its investment and has a tax rate of 21%.
Calculate the sunk cost of the project.
what is the oppurtunity cost of the project
Sunk cost of a project is defined as a cost that has already been incurred and cannot be recovered or reversed.
The sunk cost of the project is $750,000.
This is because it is the amount that has already been incurred by the firm on the marketing analysis of the new calculator that the firm plans to introduce.
The marketing team has already done the analysis, and the money spent is irreversible.
The sunk cost is a cost that is already paid for the project,
and it is a cost that the company has already expended, and it cannot recover it in the future.
Opportunity cost is the cost of an alternative that must be forgone to pursue a certain action.
Put another way, the benefits you could have received from an alternative action.
The opportunity cost of this project is the foregone potential benefits of not using the $4 million worth of the warehouse and the property if the company sells them to produce the new calculators instead.
By not using the warehouse and property, the company is giving up the potential returns and benefits that could be obtained if they were to be sold at the current market price.
In conclusion, the sunk cost of the project is $750,000 while the opportunity cost of the project is $4,000,000.
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Which of the following are automatically withheld from paychecks?
Jessica wants to save $100,000 in the next 10 years so she can have a good start on her retirement fund. How much will her monthly contributions need to be if she can earn a 12% return on her money?.
In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
Savings are important for two reasons: financial security and financial objectives. Confidence in your capacity to cover unforeseen expenses, pay for your own retirement, and maintain a chosen lifestyle is a result of financial stability and preparedness.
Goals can aid in maintaining perspective and reining in saving efforts. Your ability to accumulate your first $100,000 for any objective you may have in mind will depend on how much money you have to save, whether retirement from lower costs or higher income. And after you accomplish that, getting to the next $100,000 will be simpler.
So, In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
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Select the correct answer.
Angela meets with a new couple to determine their needs for a new home and how large a home they can afford
Answer:
c is the answer to the question
Explanation:
If my answer is incorrect, pls correct me!
If you like my answer and explanation, mark me as brainliest!
Question # 1
Long Text (essay)
Submit your work for Part A, a crime study, and for Part B, creating a law and codifying a crime.
C r i m e is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Creating laws and co di f ying c r i m e s is an essential component of the criminal justice system and can help address societal problems such as C y b e r b u l l y i n g.
What informs the c r ime study?Part A: Crime Study:
Understanding crime and its causes is critical in developing effective crime prevention strategies and maintaining social order. The study of crime also involves understanding the criminal justice system, which is responsible for maintaining law and order and punishing offenders. Law enforcement agencies are responsible for investigating crimes, arresting offenders, and bringing them to trial. The courts are responsible to determine guilt and administer punishment. The correctional institutions are responsible of rehabilitating offenders.
In conclusion, crime is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Understanding the causes of crime and the criminal justice system is critical in developing effective crime prevention strategies. Creating laws and codifying crimes is an essential component of the criminal justice system and can help address societal problems such as c y b e r b u l l y i n g.
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explain three steps the ccma will take to resolve a grievance
Answer:
1: If you have a labour problem, it is very important that you take steps immediately. In the case of an unfair dismissal dispute, you have only 30 days from the date on which the dispute arose to open a case. With discrimination cases, you have six months.
2:If you have decided to lodge a dispute, you need to complete a CCMA case referral form, also known as a LRA Form 7.11. These forms are available from the CCMA offices, DOL offices and the CCMA website.
Step 3: Once you have completed the form, you need to ensure that a copy is delivered to the other party. You must be able to prove that they received a copy. Acceptable methods include faxing a copy (keep the fax transmission slip), sending it by registered mail (keep the postal receipt), send it by courier (keep proof) or deliver in person (ask the person receiving it to sign for it).
Explanation:
hope it helped!!
If an economy is in recession, discuss the differing effects created by a tax cut vs. A GDP-G increase to close the gap. Use the concept of multipliers in your answer.
Answer:
Explanation:
increase government spending will result in increased aggregate demand, which then increases the real GDP, resulting in an rise in prices. ... Conversely, to close an expansionary gap, the government would increase income taxes, which decreases aggregate demand, the real GDP, and then prices.
Economic recession takes place because of fluctuation within the variation. When the contraction point of the trade cycle prolongs or stays for quite six months then recession takes place in an economy. it's a situation when the entire economy shrinks down.
GDPwhen increased government spending will end in increased aggregate demand, which then increases the 000 GDP, as a lead to an increase in prices. Also Conversely, to shut an expansionary gap, the govt. would increase income taxes, which decreases aggregate demand, the important GDP, and also then prices.
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What modern-day learning technique is most similar to apprenticeship?
Vocational training, where students learn the skills they need for new careers through hands-on practice
Elementary school, where students learn academic and social skills under the constant supervision of an adult
O Continuing-education training, where working people learn more about their current professions
Graduate school, where students who have graduated from college go on to further academic studies
Answer:
Elementary school, where students learn academic and social skills under the constant supervision of an adult
Answer:
the 2nd option
Explanation:
Using the Airbnb Chicago February 2019 dataset answer the following questions.
how many shared rooms are available in chicago for a price of over $300? tableua
According to the following question the number of shared rooms that is available in Chicago on the data bases of 2019 is 1.
Chicago is rent friendly it helps the customers to buy the house or leave in the rented house. The shared rooms for $3000 are available by 4 rooms whereas the rooms that cost $300 to $500 had 1 room. The shared room in Chicago per day is not costly, it is cost effective and also the multi-family rooms are also available. The average rent in Chicago is $2215 for 750 square feet. Chicago is less expensive compared to other countries like New York and LA the rent is less than 16% comparatively. There many single buildings and also multi bedrooms for rent. The rent is budget free and the apartments are costly compared to the buildings.
The tenant can leave in the climate of Chicago which is more friendly and also the rented rooms are legal and judge by law. There even many options to find the roommates for the shared rooms in Chicago also there are many groups that can be found in the social media which helps the people to find the shared rooms in Chicago.
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The question is incomplete the complete question is How many discrete Shared Rooms are available in Chicago for a price of over $300? [Hint: Use Room Type)
a. 3
b. 2
c. 22
d. 1
What marketing era focused on product innovation rather than satisfying the needs of individual customers?
Production Oriented Era focused on product innovation rather than satisfying the needs of individual customers
Production Oriented Era
From the advent of capitalism until the middle of the 1950s, businesses with a production orientation dominated the market. The general belief was that a high-quality product will automatically sell itself. Due to the high demand and the scarcity of the commodity during this time period, this strategy was successful for many firms.When was the era focused on production?Production Orientation Era: 1800s–1920s (1800s-1920s)
As a result, company efforts were concentrated on boosting output quantity rather than quality. To reduce costs and increase sales, producers used the mass manufacturing approach.To Learn more about Production Oriented Era, Click the links.
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The auditor faces a risk that the audit will not detect material misstatements that occur in the accounting process. To minimize this risk, the auditor relies primarily on:
The auditor faces a risk that the audit will not detect material misstatements that occur in the accounting process. To minimize this risk, the auditor relies primarily on substantive tests.
What does the phrase "audit" mean?To make sure you're reporting things accurately and adhering to the tax regulations, the IRS may examine or evaluate your records and financial information. In other words, the IRS is just verifying your data to make sure your return is accurate and free of errors. Audits are occasionally conducted by state tax authorities as well.
An audit of jobs is what?A formal process called a "job audit" brings together the management, the employee, and a compensation specialist to talk about and investigate the duties of the position as it currently exists.
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How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.
A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.
A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.
The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.
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Holton Company makes three products in a single facility. Data concerning these products follow:
Product
A B C
Selling price per unit $ 73.70 $ 73.60 $ 89.30
Direct materials $ 32.10 $ 41.10 $ 53.70
Direct labor $ 23.20 $ 13.30 $ 9.20
Variable manufacturing overhead $ 4.40 $ 4.50 $ 4.30
Variable selling cost per unit $ 2.30 $ 3.30 $ 2.60
Mixing minutes per unit 4.10 2.50 2.50
Monthly demand in units 3,000 1,000 2,000
The mixing machines are potentially the constraint in the production facility. A total of 14,000 minutes are available per month on these machines.
Direct labor is a variable cost in this company.
Required:
a. How many minutes of mixing machine time would be required to satisfy demand for all three products?
b. How much of each product should be produced to maximize net operating income?
c. Up to how much should the company be willing to pay for one additional hour of mixing machine time if the company has made the best use of the existing mixing machine capacity?
a) To calculate how many minutes of mixing machine time would be required to satisfy the demand for all three products, we can start by calculating the total mixing minutes required for each product by multiplying the monthly demand for each product by the mixing minutes per unit.
The calculation will be as follows:Product A: 3,000 units × 4.10 mixing minutes per unit = 12,300 mixing minutesProduct B: 1,000 units × 2.50 mixing minutes per unit = 2,500 mixing minutes
Product C: 2,000 units × 2.50 mixing minutes per unit = 5,000 mixing minutes. Therefore, the total mixing minutes required to satisfy demand for all three products is: 12,300 + 2,500 + 5,000 = 20,800 minutes.
b) To determine how much of each product should be produced to maximize net operating income, we need to perform a linear programming calculation. First, we will need to calculate the contribution margin per unit for each product, as follows:Product A:Selling price per unit $73.70
- Direct materials $32.10
- Direct labor $23.20
- Variable manufacturing overhead $4.40
- Variable selling cost per unit $2.30
= Contribution margin per unit $11.70
Product B:Selling price per unit $73.60
- Direct materials $41.10
- Direct labor $13.30
- Variable manufacturing overhead $4.50
- Variable selling cost per unit $3.30
= Contribution margin per unit $11.40
Product C:Selling price per unit $89.30
- Direct materials $53.70
- Direct labor $9.20
- Variable manufacturing overhead $4.30
- Variable selling cost per unit $2.60
= Contribution margin per unit $19.50
Next, we will use the contribution margin per unit to create the following linear programming model:
Maximize: $11.70A + $11.40B + $19.50C
Subject to:4.10A + 2.50B + 2.50C ≤ 14,000 (Mixing machine time constraint)
A ≥ 0
B ≥ 0
C ≥ 0Solving this linear programming model, we get the following optimal production plan:Product A: 2,439 units
Product B: 3,961 unitsProduct C: 2,000 units
c) To determine how much the company should be willing to pay for one additional hour of mixing machine time, we need to calculate the contribution margin per minute of mixing machine time for each product. This will tell us how much additional profit we could generate by producing one more unit of each product, and we can use that information to determine the maximum price we should be willing to pay for one additional hour of mixing machine time.
Product A:Contribution margin per unit $11.70
÷ Mixing minutes per unit 4.10
= Contribution margin per minute $2.87
Product B:Contribution margin per unit $11.40
÷ Mixing minutes per unit 2.50
= Contribution margin per minute $4.56
Product C:Contribution margin per unit $19.50
÷ Mixing minutes per unit 2.50
= Contribution margin per minute $7.80Therefore, the company should be willing to pay up to $7.80 per minute of mixing machine time. To convert this to an hourly rate, we can multiply by 60 minutes, as follows:$7.80 × 60 minutes = $468 per hour. Therefore, the company should be willing to pay up to $468 per hour of mixing machine time if it has made the best use of the existing mixing machine capacity.
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A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.
Answer:
C)Foreign direct investment that increase US net capital outflow
Explanation:
From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular
foreign company.
peter kraljic argued that supply items should be mapped against two key dimensions. these dimensions include...
The two key dimensions that Peter Kraljic argued supply items should be mapped against are supply risk and profit impact.
Peter Kraljic, a procurement expert, introduced the concept of the Kraljic matrix, which helps organizations categorize and manage their supply items effectively. According to Kraljic, supply items should be analyzed based on two key dimensions: supply risk and profit impact.
The supply risk dimension assesses the level of risk associated with the supply of a particular item. It considers factors such as supply chain disruptions, availability of substitutes, and market volatility. Items that are critical to a company's operations and have a high risk of supply disruption are placed in the high-risk category. On the other hand, items with a lower risk of disruption are categorized as low-risk.
The profit impact dimension evaluates the financial impact of a supply item on the organization. It takes into account factors such as the item's cost, volume, and strategic importance. Items that have a significant impact on profitability, either through high costs or strategic value, are considered high-impact items. Conversely, items with lower financial impact are classified as low-impact.
By mapping supply items against these two dimensions, organizations can develop appropriate procurement strategies for each category. High-risk, high-impact items may require close supplier relationships, risk mitigation measures, and contingency plans. Low-risk, low-impact items, on the other hand, may be suitable for standardized purchasing approaches or even outsourcing.
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George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent
A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.
What debt-to-income ratio is too high?Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.
What is the easiest debt-to-income ratio for a mortgage?Ideal debt-to-income ratio for a mortgage
In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.
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https://brainly.com/question/26258146#SPJ4HELP ON A TEST Which is the least likely use for a smartphone app in our retail food chain?
tracking refrigeration temperatures
heating food on the screen
checking for food-bome bacteria
monitoring produce ripening
Answer:
The anwser is B "heating food on the screen."
Explanation:
Say it outloud and listen to yourself.
The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
2. Describe the relationship of profession and education.
In order to have a profession you need to get an education first. You will learn many things that will help you in your profession, no matter what it is. Even an internship is an education. If you start out working along side someone, that someone is giving you an education in how to do the job you want to do.
If you are planning a profession such as a doctor or lawyer, prepare yourself for a LOT of education. You need at least a basic education in order to prepare you for ANY profession. Add, subtract, multiply, divide, read, write and other things so you won’t get cheated out of pay at the least.
Without an education of some kind, you will not be able to do anything. Even if you are a king or queen that you inherited by birth, you still need to know how to decide things. Everything else can be done for you. But there are very few openings for kings and queens these days.
While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?
The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.
What is a financial goal?A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.
The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.
Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.
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Name 2 of the 10 School Based Enterprise instructional Units
Answer:
1. Financial Analysis
2. Marketing-Information Management
Explanation:
A school-based enterprise often referred to as SBE is an entrepreneurial undertaking in a school setting that participates in goods/services delivery to address the needs of the market.
SBEs are organized and regulated by students as practical learning laboratories that incorporate National Curriculum Standards in various departments such as marketing, finance, hospitality or management.
Hence, the full 10 School Based Enterprise instructional Units are the following:
1. Financial Analysis
2. Marketing-Information Management
3. Operations
4. Market Planning
5. Product/Service Management
6. Pricing
7. Distribution/Channel Management
8. Promotion
9. Selling
10. Human Resources Management
Utility is an important aspect of market research because it can save a company lots of time and money.
true or false
The given statement that Utility is an important aspect of market research because it can save a company lots of time and money is false.
What is market research?Market research is defined as the process of actively questioning latent customers to find out the viability of a brand-new service or product.
Market research modifies a business to determine its target market and find comments and another input from customers about their involvement in a product or service.
Utility is critical to the market, but it does not support to save money because it is similar to bills.
Therefore, the given statement is false.
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What is demand comprised of
each year, forbes magazine ranks the 2000 largest metropolitan areas in the united states in an article on the best places for businesses and careers. first place in 2017 went to portland, oregon. portland was ranked 5th in 2016. fourth place in 2017 went to denver, colorado. denver was ranked 1st in 2016. at the other end, york, pennsylvania ranked 179th in 2017, up 15 spots from 194th in 2016! are these facts evidence that forbes's ratings are invalid, biased, or unreliable?
The facts are evidence that Forbes's ratings are A. Unbiased.
What is an Unbiased Fact?An unbiased fact is a statement or piece of information that is free from any personal opinions, judgments, or biases. It is a verifiable and objective truth that can be demonstrated through evidence and logical reasoning.
'
An unbiased fact is not influenced by emotions, feelings, or personal perspectives, but rather represents an accurate representation of reality.
For example, "The Earth is a planet in our solar system" is an unbiased fact because it is based on scientific evidence and can be verified through observation and measurement.
Hence, because the sample size is very large, there is no effect by the past rankings on current rankings.
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what are the importance of store
Answer:
to get a source of our need
Answer:
Importance of Store-Keeping: The cost of materials is one of the largest elements of cost. Proper storing of materials is very important to prevent losses from damage, pilferage, and deterioration in the quality of materials.
ABC stock price and dividend history are as follows. Fill in the returns (to 4 decimal places). The averages Arith= #8 % Geom =1.5254% Cont = %
The Arithmetic Average Return of the two years are 14% and 14.54% respectively.
To calculate the returns for the given stock price and dividend history, we need the stock prices and dividends for different time periods
Let's assume the stock prices and dividends are as follows:
Year 1:
Stock Price at the beginning of the year (P0): $100
Dividend during the year (D1): $4
Stock Price at the end of the year (P1): $110
Year 2:
Stock Price at the beginning of the year (P0): $110
Dividend during the year (D2): $5
Stock Price at the end of the year (P2): $120
Now we can calculate the returns:
Arithmetic Average Return:
The arithmetic average return is the average annualized return over the given time period. To calculate it, we'll use the formula:
Arithmetic Average Return = [(P1 - P0 + D1) / P0] / n
Where n is the number of years.
Year 1:
Arithmetic Average Return = [(110 - 100 + 4) / 100] / 1 = 14%
Year 2:
Arithmetic Average Return = [(120 - 110 + 5) / 110] / 1 = 14.54%
Overall Arithmetic Average Return = (14% + 14.54%) / 2 ≈ 14.27%
Geometric Average Return:
The geometric average return represents the compounded annualized return over the given time period. To calculate it, we'll use the formula:
Geometric Average Return = [(P2 - P0 + D1 + D2) / P0] ^ (1 / n) - 1
Where n is the number of years.
Geometric Average Return = [(120 - 100 + 4 + 5) / 100] ^ (1 / 2) - 1 ≈ 15.25%
Continuous Compound Return:
The continuous compound return is calculated using the natural logarithm of the ratio of ending price to beginning price. To calculate it, we'll use the formula:
Continuous Compound Return = ln(P1 / P0)
Year 1:
Continuous Compound Return = ln(110 / 100) ≈ 0.1054 or 10.54%
Year 2:
Continuous Compound Return = ln(120 / 110) ≈ 0.0829 or 8.29%
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Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
You bought 100 shares of stock at $15 per share. You sold your 100 shares at $21.75 per share. Calculate your percentage of gain. a) 18% b) 21% c) 31% d) 45%
Answer:
45%
Explanation:
2175-1500=675
675/1500=.45 or 45%
Who would win Hawk Eye (Marvel) or The Green Arrow (DC)
Answer:
Buff animal crossing.
Explanation:
Answer:
Green Arrow
Explanation: