1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler79 [48]
4 years ago
6

Roddy Richards invested​ $12014.88 in Wolverine Meat Distributors​ (W.M.D.) five years ago. The investment had yearly arithmetic

returns of minus−​9.7%, minus−​8.1%, ​15%, 7.2%, and​ 15.4%. What is the arithmetic average return of Roddy​ Richard's investment?
A. ​4.63%
B. ​8.78%
C. ​6.96%
D. ​3.38%
Business
1 answer:
KengaRu [80]4 years ago
8 0

Answer: 3.96%

Explanation:

The Arithmetic Mean is a most famous Quantitative Analysis method that simply involves adding up all figures involved and dividing it by the number of figures involved.

Calculating it therefore would be,

= -9.7 + -8.1 + 15 + 7.2 + 15.4 /5

= 19.8/5

= 3.96 %

There seems to be an error in the multiple choice.

3.96 % is the arithmetic average return of Roddy​ Richard's investment based on the information we have but it is not listed.

You might be interested in
A demand schedule illustrates the relationship between price and quantity in the format of a(n) ______.
dmitriy555 [2]

A demand schedule illustrates the relationship between price and quantity in the format of a table.

A demand schedule generally consists of two columns. The first column shows the price of a product in ascending and descending order. The second column shows the quantity of the product which is desired or demanded at that price.

In economics, a demand schedule is defined as a table which shows the quantity demanded of a good and service at the different price levels. A demand schedule can also be graphed as a continuous demand curve on the graph  chart where the Y-axis represents the price and the X-axis represents the quantity of the product or service.

To know more about demand schedule here:

brainly.com/question/26073884

#SPJ4

7 0
2 years ago
Cella Ltd. has invested in certain projects to avall future benefits for its company. Which project could be classified as an ex
Lapatulllka [165]

Answer:

Opening new retail outlets in the city would be the project that could be classified as an expansion project.

Option: (B)

Explanation:

Expanding a company or a business refers to expanding the span and the outreach of the business through activities like increased manufacturing, sales, and marketing of the manufactured products. The activity of expansion can be undertaken by increasing the efficiency of the existing manufacturing plant, by establishing new manufacturing plants, by increasing the number of retail outlets through which the finished goods can be sold directly to the consumers, etc.

When the demand for a particular product increases, it is deemed intelligent to opt to expand the business in order to increase the quantity of output so that the prevalent demand can be met. As the output is increased, the need for more sales facilities also arises simultaneously. Hence, increasing the number of retail outlets is considered as a part of expansion projects.

8 0
4 years ago
An online data entry program is used for original entry of vendor invoices. A batch check-writing program occasionally prepares
Aleonysh [2.5K]

<u>Answer:</u> Option 1 A record lookup for vendors during data entry.

<u>Explanation:</u>

Programmers will have the access to change the programs and data files in order to correct the errors. Vendor invoice is the document which shows the amount owed by the receiver to the supplier. On receiving the invoice it has to be uploaded using the accounting software and schedule the payment accordingly.

When data entry is done it is easy to find the errors in the system. The non sense characters in the payee field can be detected using the data entry. So data entry is considered to be the most effective programmed control.

3 0
3 years ago
Andres and Lakeisha are married and file jointly. Andres is 72 years old and in good health. Lakeisha is 62 years old and blind.
PIT_PIT [208]

Answer: $26,600.

$26,600 = $24,000 + ($1,300 × 2). The married joint standard deduction is increased for $1,300 for each blind and/or taxpayer age 65 by year-end.

Explanation:

8 0
3 years ago
The discount yield on a T-bill differs from the T-bill's bond equivalent yield (BEY) because I. the discount yield is the return
abruzzese [7]

Answer:

the base price used is the face value of the security and not the purchase price of the security and ii) a 360-day year is used. The bond equivalent yield uses a 365-day year and the purchase price, rather than the face value of the security, is used as the base price. Treasury bills are quoted on a discount yield basis.

Explanation:

7 0
3 years ago
Other questions:
  • Many places of business will not take a check, but will take a credit card. True or False
    6·1 answer
  • What is bigger 9 yd or <br>324 in​
    13·1 answer
  • Justice Enterprises is evaluating the purchase of a new computer net system would cost $24,000 and have a useful life of Syears.
    12·1 answer
  • Yolanda has osteoarthritis of the left knee for which she is receiving acetaminophen 1000mg every six hours. She rates her pain
    7·1 answer
  • True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.
    14·1 answer
  • BR Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets a
    12·1 answer
  • After the accounts have been adjusted at March 31, the end of the fiscal year, the following balances were taken from the ledger
    9·1 answer
  • You get a $3,000 loan at 9% interest for 120 days. The lender uses a 365-day year. How
    9·1 answer
  • Question 2 of 10
    8·1 answer
  • A(n) is an employee organization that represents its members in negotiations with management over wages and working conditions.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!