Alma recently purchased a Mexican restaurant for $450,000 from which she expects to earn a monthly profit of $1,500. Her expected annual rate of return is:
A. 4 percent
B. 6 percent
C. 8 percent
D. 10 percent
A. 4 percent
Economics
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If real GDP exceeds aggregate planned expenditure, what happens to a firm's unplanned inventories?
What will be an ideal response?
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With respect to CO2 emissions, low-income countries
a. do not contribute to the problem b. can expect to have "dirtier" industries as they develop c. contribute more per dollar of output than high-income countries d. will have to sacrifice output in order to reduce emissions e. none of the above
Economics