Ronaldo Soccer Shop's income statement reports sales of $100,000; cost of goods sold of $46,000, operating expenses of $34,000,
1 answer:
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Answer: $12 million
Explanation:
In 2009, Cali made a revenue of $26 million.
In 2005, Cali made a revenue of $14 million.
= 26 - 14
= $12 million
Cali made $12 million more in 2009 than in 2005.
Salary relationships usually have behaviors that can be expressed through mathematical equations, for this case we must locate the information they give us, according to which the salary of the movie star is equal to a fixed basic remuneration
plus a percentage
of the gross income
, that is:
With this equation and the data they give us, we can solve the request so :
We clear the basic remuneration from the second equation and replace in the first:
Thus, with the fixed basic remuneration and the percentage of gross income calculated, we can estimate how much the following film should obtain so that the movie star obtains at least millions salary:
Answer
The <em>minimum amount</em> of gross income that the next film should generate is <em>millions</em>
Answer:
2.85
Explanation:
U.S. Treasury bills are a risk-free asset, and thus have a beta of zero. Since Stock A has a risk-level equivalent to that of the overall market, its beta is one. Therefore, the beta for Stock B can be found by:
The beta of Stock B is 2.85.