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]
3 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]3 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 comparison of leadership and management suggests that leadership is about creating a vision, while management is about carryin
umka2103 [35]

Answer:

A. True

Explanation:

Vision refers to what gives the organization a sense of purpose and a set of values that unite workers to achieve a common goal.

Leadership can be defined as the creation of vision for others to follow, establishing corporate values and ethics, and transforming the way an organization does business in order to improve effectiveness and efficiency.

Management on the other hand, can be defined as the process used to accomplish organizational goals through planning, organizing, leading, and controlling organizational resources. Management functions includes planning, controlling, directing, organizing, etc....

4 0
3 years ago
After conducting a _________, White Mart realized that back stocking was not the most important task the overnight stockers shou
vlabodo [156]

Answer:

c. Job analysis

Explanation:

The Job Analysis is a family of processes to determine the work scope and the characteristics or requirements required for the work to be performed. The job analysis gives information about businesses that help decide which workers are most suited for certain positions.

3 0
3 years ago
Assume your required internal rate of return on similar investments is 11 percent. What is the net present value of this investm
Ksivusya [100]

Answer:

Hello some parts of your question is missing attached below are the missing parts

You are considering the purchase of a small income-producing property for $150000 that is expected to produce the following net cash flows

End of year           cash flow

1                                 $50000

2                                $50000

3                                $50000

4                                $50000

Answer : a) $5122.28  (b)  12.59%  (c) You should make the investment

Explanation:

Internal rate of return = 11 %

initial cash flows = $150000

period = 4 years

Find the NPV (net present value )( using present value tables)

= preset value of cash flows - initial cash flows

= ∑ present cash flows for 4 years - $150000

= $155122.28 - $150000 = $5122.28

The going-in internal rate of return on investment

N (number of years ) = 4

pv  ( present value ) = $150000

PMT = -$50000

Fv ( future value ) = 0

IRR = 12.59% ( making use of the cash flow list in our financial calculator )

8 0
3 years ago
If demand for a given good is elastic, then a given percentage change in price will bring about a(n) __________ percentage chang
Volgvan

Answer:

The correct answer is letter "A": larger; demanded.

Explanation:

Elasticity is the characteristic of goods and services by which their quantity demanded changes in proportion to the change in prices. <em>Elasticity is calculated by dividing the percentage change in the quantity demanded by the percentage change in price.  </em>

<u><em>If the result is equal to or greater than one (1), the demand for the product is elastic, meaning a minimum change in price causes a greater change in quantity demanded</em></u>. If the result is lower than 1, the demand is inelastic which implies that changes in the price of a product almost do not change the quantity demanded.

8 0
3 years ago
I just wanna know how do you know the percentage please help,,,,,Marble Company purchased a machine costing $137,000, terms 3/10
Nady [450]

Answer:

$150,253.00

Explanation:

The cost to be recorded will include all the direct cost of installing the machine less the discount allowed.

The total cost of the machine will be

cost price   $137,000

Freight charges    $3,700

mounting & wires    $11,000

testing materials       <u>$3,200</u>

Total cost   <u>$154,900</u>

The machine was paid with the discount period. The tern3/10, n 30  means that the buyer will get a 3% discount if they pay with ten days of the invoice date. Full payment is expected within 30 days if the buyer does not pay within ten days.

the discount amount will be 3% of $154,900

=3/100 x $154,900

=0.03 x $154,900

=$4,647.00  

the amount recorded will be

=$154,900.00 - $4,647.00

= $150,253.00    

7 0
3 years ago
Other questions:
  • McLeod, Inc. incurred fixed costs of $300,000 and variable costs of $200,000 for total costs of $500,000 when 59,000 units are p
    9·1 answer
  • Johnson &amp; Johnson learns about consumer needs by understanding the environment in which a product is used and the different
    14·1 answer
  • Esther and Ebenezer produce hamburgers and hot dogs. Esther can produce six hamburgers per hour or four hot dogs per hour. Ebene
    12·1 answer
  • Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv
    7·1 answer
  • Four transactions for Automotive Maintenance and Repair Shop that took place in November 2019 appear below. DATE TRANSACTION Nov
    11·1 answer
  • Hau Lee​ Furniture, Inc., spends 45​% of its sales dollars in the supply chain and finds its current profit of ​$35,000 inadequa
    10·1 answer
  • You want to start an organic garlic farm. The farm costs $230,000, to be paid in full immediately. Year 1 cash inflow will be $2
    14·1 answer
  • 1. It is said that a delay in critical path activity will delay the project, while a delay in a noncritical path activity will n
    15·1 answer
  • What is not a service business?
    13·1 answer
  • Leadership as a behavior is different from viewing leadership as traits, abilities, and skills because behaviors can be ______.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!