Answer: 12.86 years.
Explanation: Rule of 72 says that to know in how many years the amount can double can be done by using the interest rate. The rule of 72 says that 72 divided by the annual interest rate will give the number of years it will take to double the amount.
Rule of 72:
Rate of interest = 5.60%/4
Number of years to double the investment = 72 ÷ 1.4
Number of years to double the investment = 51.43/4 = 12.86 years
Therefore, it will take 12.86 years for the $1850 to get double to $3700.
Answer:
the answer is your 2nd choice.
Explanation:
getting the "word" out there about your business or product is reaching more consumers rather than just newspapers. local advertising does benefit, but your biggest customer base is thru a media strategy..
Answer:
$5,000= ending inventory
Explanation:
Giving the following information:
Gross margin is normally 40% of sales.
Sales= $25,000
beginning inventory= $2,500
purchases= $17,500
First, we need to determine the cost of goods sold:
COGS= 25,000*0.6= 15,000
Now, using the following formula, we can calculate the ending inventory:
COGS= beginning inventory + cost of goods purchased - ending inventory
15,000= 2,500 + 17,500 - ending inventory
5,000= ending inventory
Answer:
So that you can go ask ur question
Explanation:
mark me as brainleist if that helps!!!!!!
The correct one would be soliciting. I have a job and I just grab my business cards and hand them out to people. You could use cards ,HUGE signs, and even open meetings with free food. I love those.. P:
I hope this helped! :D
