Edge inc. manufactures new, advanced camera cars and tracking vehicles used in filmmaking. the demand for these products has bee

Answer:

a) Total gross return = 459.3%

b) Average annual return = $4,195

Explanation:

First, let's summarize the given data:

Number of shares = 1000, purchase price = $3 per share,

annual dividend = 7 cents = $0.07 for each share per year,

duration = 4 years, selling price = $16.50 per share,

brokerage fee = 4%

Calculation of total costs for shares = number of shares * purchase price

Cost = 1000 * 3 = 3,000

Cost = $3,000

On January 1, 2006, I acquired shares valued at $3,000

Calculation of total dividends received = dividend * number of shares * time

Total dividends = 0.07 * 1000 * 4 = $280

In four years, I received $280 from dividends

Total revenue from sale = number of shares * selling price

Total sale price = 1000 * 16.50 = $16,500

Brokerage fee = 4% of total sale

Brokerage fee = 0.04 * 16500 = $660

a) Total gross return calculation = (dividend + revenue from sale - purchase cost) ÷ purchase cost

Total gross return = (280 + 16500 - 3000) ÷ 3000

Total gross return = 13780 ÷ 3000 = 4.593

Total gross return = 4.593 * 100%

Total gross return = 459.3%

This indicates a gain exceeding 400% (four times the investment in acquiring the shares)

Note: Total gross return does not factor in any fees or expenses such as brokerage charges

b) Average annual return = Total returns during the specified timeframe ÷ duration

Total returns during the specified timeframe = dividend + total sale revenue = 280 + 16500 = $16,780

Average annual return = 16780 ÷ 4 = 4195

Average annual return = $4,195

Answer:

The estimated 90% confidence interval for the average depth of all frames in the consignment ranges from a lower boundary of 105.419 mm to an upper boundary of 106.581 mm.

Explanation:

The confidence interval for the mean is calculated as mean +/- margin of error (E)

mean = 106 mm

sample sd = 3.5mm

n is the sample size = 100

degree of freedom = n-1 = 100-1 = 99

confidence level (C) = 90% = 0.9

significance level = 1 - C = 1 - 0.9 = 0.1 = 10%

the critical value (t) for 99 degrees of freedom at a 10% significance level is 1.6602

E = t × sample sd/√n = 1.6602×3.5/√100 = 0.581 mm

Lower limit of mean = mean - E = 106 - 0.581 = 105.419 mm

Upper limit of mean = mean + E = 106 + 0.581 = 106.581 mm

The 90% confidence interval is (105.419 mm, 106.581 mm)

Answer:

Explanation:

Maslow’s hierarchy of needs, depicted as a pyramid, illustrates various levels of human needs that individuals strive to fulfill, which serves as the foundation for human motivation. The different tiers of needs as outlined by Maslow, from the base to the apex, include: physiological, safety, love and belonging, esteem, and self-actualization.

Margot’s circumstances indicate that her “esteem” needs are not being satisfied. According to Maslow, esteem needs encompass self-respect, reputation, and respect from others, which is evident in Margot’s situation.

Clarifying the assignment would be the initial action John should undertake to expand Kerry's duties.

Explanation:

Option A: When new responsibilities are introduced, John must first clarify the nature of these tasks. This approach will help Kerry manage her work efficiently.

Option B: Although feedback is beneficial, it's not the initial step for adding responsibilities.

Option C: Informing others is John's duty, not Kerry's, thus, this option is not valid.

Option D: While accountability is essential, it comes at a later stage.

Answer:

True - Contracts that require more than one year to complete must be documented in writing

Explanation:

The relevant detail from the scenario for the question is that ''In 2006, Mann and Harris were requested by HIS to undertake another conversion of an apartment building referred to as Park West. For this task, Mann and Harris were once again orally promised a bonus (in addition to their salary) using a similar formula to that of the Windsor Park conversion. It was anticipated that this venture would also take two or three years to conclude.''

According to the statute of frauds, contracts anticipated to last over a year need to be written to have legal standing.

When Mann and Harris were asked to manage the construction of an apartment that would last two to three years, they should have insisted on a written agreement.

HIS took undue advantage of their knowledge of the law and denied them the promised bonus; pursuant to the statute of frauds, they are not legally liable.