Answer:
i=7.2%
Explanation:
Giving the following information:
There is a rule of thumb which can be used as an approximation called the Rule of 72 to find interest or period, given the other quantity, and it is given as ni=72
We have $1 for 10 years. We will assume that it needs to duplicate in 10 years.
Years to double= 72/interest rate
10=72/i
i=72/10= 7.2
Control:
FV= 1*(1.072^10)= 2
Answer:
each dollar that is invested by the shareholders
Explanation:
The formula to compute the return on equity is shown below:
Return on equity = (Net income) ÷ (total equity)
It shows a relationship between the net income and the total equity so that the correct percentage can be computed.
It also shows the profitability of the company which reflects each dollar that is invested by the shareholders
Answer:
Break-even point in units= 2,000
Explanation:
Giving the following information:
Fixed costs= $6,000
Selling price= $6 each
Unitary variable cost= $3
T<u>o calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 6,000 / 3
Break-even point in units= 2,000
The total of a company's net sales is its gross sales less any returns, allowances, and discounts.
<h3>What is the formula for net sales?</h3>
- The total income that your company brings in before discounts, returns, and allowances is referred to as gross sales value.
- The following is the net sales formula.
Net sales = Gross sales – Returns – Allowances – Discounts.
- Sales made with a debit card, cash, credit card, or trade credit will all be counted toward the total sales.
- The total number of units sold is multiplied by the price per unit for the purpose of calculating gross sales.
- Example to illustrate net sales
The net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts. The net sales would be $9000 - $1000 - $5000 = $3000.
Gross Sales = $9,000
Returns and Allowances = $1000
Discounts =$5000
Net Sales = $3000.
To Learn more About net sales refer to :
brainly.com/question/4177260
#SPJ4
The answer is diffusion of innovation. This type of theory
or process has the aim of having to influence other people in regards with the
ideas that they have formulated in which are new. These ideas are being spread
out with the use of innovations.
