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3 years ago

8

An investment earns 10% the first year, earns 15% the second year, and loses 12% the third year. the total compound return over

the 3 years was ______.

1 answer:

denpristay [2]3 years ago

8 0

<span>The compound return over 3 years is 3.67%. This is found by evaluating the following expression: (1.10*1.15*0.88)^1/3 - 1 = 3.67%.</span>

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A is the correct answer.

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3 years ago

Dakota, Inc. is a merchandiser of medallions. The company soldâ€‹ 15,100 units during the year. The company has provided the fol

love history [14]

Answer:

$19.21

Explanation:

The computation of the unit cost per item is as follows:

Beginning merchandise inventory $52,000

Add: Purchases + freight in $293,000 ($280,000 + $13,000)

Less: Ending merchandise inventory -$54,900

Cost of goods sold $290,100

Now the cost of goods sold per unit is

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3 years ago

Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies sug

wlad13 [49]

Answer:

The present yearly net operating income or loss is - $90,000

Explanation:

The computation of present yearly net operating income or loss is shown below:

Net income / Net loss = Sales - Variable cost - Fixed cost

The sales - variable cost is equal to contribution

Than, Contribution - fixed cost = net income

where,

Sales = Present Sales volume × Selling price

= 15,000 × $70

= $1,050,000

Variable cost = Present volume × Variable cost per unit

= 15,000 × $40

= $600,000

And, fixed cost = $540,000

So, net income / loss = $1,050,000 - $600,000 - $540,000

= - $90,000

Hence, the amount shows negative which means the company has suffered a loss of $90,000

Thus, the present yearly net operating loss is - $90,000

8 0

3 years ago

Your grandfather made an investment of $4,000 the day you were born, as such starting to earn returns immediately. His assumptio

weeeeeb [17]

Answer:

$Acumulated value=57,775.84$

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

$s_{n} =P*\frac{(1+i)^{n}-1 }{i}$

where $s_{n}$ is the future value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid

But there is an special thing to keep in mind and is the initial payment so we must to calculate the 4,000 in the future so we have:

$Acumulated value=s_{n} +P*(1+i)^{n}$

$Acumulated value=1,500*s_{18} +4,000*(1+0.06)^{18}$

$Acumulated value=57,775.84$

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3 years ago