jenniferpt
29.01.2022 •
Business
Kumon offers tutoring service on math and reading. A local franchise paid $120K in wages, $25K for rents, $5K for office supplies, $5K of income tax, and made a profit of $55K before tax. How much did this business contribute towards GDP using the income approach
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Ответ:
This question is missing options,which are as follows:
a.
5.15%
b.
6.78%
c.
6.37%
d.
5.49%
e.
7.25%
The expected stock's constant growth rate after t=4 is 6.78%.which is the same as X.
The correct option is B
Explanation:
Kindly find attached excel file for detailed computation.