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Jlenok [28]
3 years ago
10

Your grandfather likes to tell the story about how he started with 50 head of cattle on his ranch and grew the ranch to 1,000 he

ad of cattle. He said "My plan was simple: grow the number of head of cattle at a rate of 10% per year."
Your grandfather reached his goal before he retired. How long did it take him?
A) 18.63 years
B) 31.43 years
C) 25.22 years
D) 47.65 years
Business
1 answer:
koban [17]3 years ago
8 0

Answer:

31.43 years

Explanation:

The number of years can be calculated using growth rate formula

yf = yi ( 1 + r) ^ t where yf is the final population, yi is the initial population, r is the rate in % and t is the number of years

yi = 50, yf = 1000, r = 10% and t = ?

substitute the values into the formula

1000 = 50 ( 1 + (10/100)) ^ t

divide both side by 50

1000/ 50 = 1000/50 ( 1.1) ^t

20 = (1.1) ^t

take log of both side

log 20 = t log 1.1  ( remember log a^b = b log a)

divide both side by log 1.1

log 20 / log 1.1 = t

t = 31.43 years

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A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity
Allushta [10]

Answer:

The interpretation of the particular question is outlined in the following segment on the clarification.

Explanation:

The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.

The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,

⇒  1,500,000\times (45 \ percent-20 \ percent)

By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,

⇒  1,500,000\times 45 \ percent

So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.

6 0
3 years ago
During the current year, Bradford Company purchased some of the 90,000 shares of common stock, par $ 6 , of Hall, Inc., as a lon
jok3333 [9.3K]

It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.

The various journal entries on the transaction occured would be  made as under:

No. Account Name                     Debit                                Credit

1. Investment                         1296000  

 Cash                                                                         1296000

     

2. Investment                           97650  

 Investment income

           (217000 x 45%)                                                            97650

     

3. Cash                                       64800  

 Investment (1.60 x 40500)                                                64800

         

The effect on the cash flow statement will be:

Operating activities:  

                                   No effect        0

Investing activities:  

        Purchase of investment -1296000

            Receipt of dividends 64800

The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.

Learn more about The share market here:- brainly.com/question/690070

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3 0
2 years ago
P & G Auto Parts sells parts to AAA Car Repair during 2018. P&G offers rebates of 2% on purchases up to $60,000 and 3% o
nirvana33 [79]

Answer:

c. credit to Sales Revenue for $72,380.

Explanation:

Since AAA Car Repair's total purchases exceed $200,000 for the year, they are eligible for the 3% rebate on purchases above $60,000. Only the fraction of the purchase over $60,000 should get the 3% rebate, the first $60,000 get the 2% rate.

Therefore, the total sales amount recorded by P & G Auto Parts by selling $74,000 of parts to AAA is:

S=(1-0.02)*\$60 + (1-0.03)*(\$74-\$60)\\S=\$72.38

There should be a credit to Sales Revenue for $72,380.

5 0
4 years ago
Suburbanization of more developed countries is due to what?
yKpoI14uk [10]

Answer: Lifestyle change/desire to change it is the suburbanization of more developed countries.

Explanation: More developed countries have suburbanized areas which are houses on larger, private lots and their own driveways. More developed countries have the ability to build and maintain suburbanized areas monetarily and by use of equipment than poorer countries.

4 0
3 years ago
Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the
dezoksy [38]

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

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4 years ago
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