Answer:
see below
Explanation:
The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.
The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.
The "real interest rate" is the percentage change from the original number of tickets that could be purchased.
Answer:
Termination of Co-ownership by Partition
Explanation:
After intestate succession partakes in possession by a set of people, they become tenants in general . she does not, then when she goes, her share transfers to her descendants.
- Each tenant in common may terminate his or her co-ownership by a legislative action termed a partition. In a partition action, the judge will attempt to physically split the estate among the co-owners in percentage to their corresponding additional shares.
Answer:
D. 15 percent
Explanation:
Cost of the machine = $2,000
Having considered operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300
Expected return = $2,300 - $2,000
= $300
Therefore, the rate of returns
= Returns/cost
=300/2000
= 0.15
In Percentage, 15%. The expected rate of return on this machine is 15%
Answer:
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Explanation:
Giving the following information:
The variable manufacturing overhead is charged to production at a rate of 63% of direct labor cost. The direct materials and direct labor cost per unit to make a pair of finials are $3.51 and $4.73, respectively. Normal production is 28,300 curtain rods per year.
A supplier offers to make a pair of finials for $13.20 per unit.
Fixed costs are a sunk cost, therefore it is not taken into account.
Make in house:
Unitary cost= 3.51 + 4.73 + (4.73*0.63)= $11,22
Outsource:
Unitary cost= 13.20
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Answer:
b. 60%
Explanation:
The computation of percentage is assigned to Cost of Goods Sold is shown below:-
$ %
Sales $300 $100
Cost of Goods Sold $180 $60 ($180 ÷ $300) × 100
Gross Profit $120 $40 ($120 ÷ $300) × 100
Operating Expenses $45 $15 ($45 ÷ $300) × 100
Net Income $75 $25 ($75 ÷ $300) × 100
Percentage assigned to cost of goods sold = Cost of goods sold ÷ Sales × 100
= $180 ÷ $300 × 100
= 60%
Therefore for computing the percentage is assigned to Cost of Goods Sold we simply applied the above formula.
