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3 years ago

Assume that in 2014, in 1871 $20 double eagle sold for $17,000. what was the rate of return on this investment

1 answer:

4 0

The rate of return is the amount received on top of the cost of the initial investment divided by the initial investment made.

Profit = $17,000 - $20
Profit = $16,980

Dividing the calculated by the initial investment and the number of years.
Rate of return = (($16980/$20)(100%) / (2014 - 1871)
Rate of return = (84900%) / 143
= 593.71%

ANSWER: 593.71%

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Shay is preparing to go into her meeting with her supervisor, Jill, to discuss her annual evaluation. She knows that there have

ehidna [41]

Shay was trying to: resist being defensive.

<h3><u>Explanation:</u></h3>

The term resist refers to the act of withstanding. It is an act through which a person fights firmly and strongly. The act through which an individual induces threats through the behaviour refers to be defensive. It makes them to be unique in the task they do. A person will be resist and defensive when he or she knows that their work is good enough and there will be no pint to prove them wrong or blamed.

In the given scenario, Shay knows that she performed better and he prepares herself not to be angry in the meeting held by her supervisor. She prepares herself with the entire question that will be asked her by the supervisor and how she must react to those questions. Thus, Shay was trying to: resist being defensive.

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3 years ago

On October 1, year 1, Kirby Corp. purchased equipment for $100,000. The equipment has a useful life of 5 years with no residual

NNADVOKAT [17]

Answer:

5000 partial depreciation

Explanation:

straight line formula is = <u>cost - scrape value</u>

useful life in years

since there is no residual value (scrape value) therefore, we divide <u>100,000 </u>

the answer we get 20000 per year depreciation. but the equipment is bought on 1st oct, and if assume that the year ends on Dec, 31 so it is measure for 3 month depreciation which is 5000.

4 0

3 years ago

What is the e-file rejection error for an Invalid bank account or routing transit numbers?

lidiya [134]

The e-file rejection error for an invalid bank account or routing transit numbers is error code "0019". It might be caused due to a variety of reasons and is present in tax accounting software, where an e-file sent to the IRS is rejected, hence the error name. An incomplete installation might be one of the several reasons behind an e-file rejection error.

3 0

3 years ago

Valport Valve Company manufactured 7,800 units during March of a control valve used by milk processors in its Shreveport plant.

grandymaker [24]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production= 7,800 units

Direct labor 40,200 hr. at $14.60

Direct material purchased 30,000 lb. at $3.00

Direct material used 22,100 lb.

The control valve has the following standard prime costs.

Direct material: 3 lb. at $2.90 per lb. $ 8.70

Direct labor: 5 hr. at $15.10 per hr. 75.50

Standard prime cost per unit $ 84.20

1) Standard production costs:

Direct material= 8.7*7,800= 67,860

Direct labor= 75.5*7,800= 588,900

Total porduction cost= $656,760

2<u>) We need to use the following formulas to calculate the direct material and direct labor variances:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.9 - 3)*30,000

Direct material price variance= $3,000 unfavorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (3*7,800 - 22,100)*15.1

Direct material quantity variance= (23,400 - 22,100)*2.9

Direct material quantity variance= $3,770 favorable

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (5*7,800 - 40,200)*15.1

Direct labor time (efficiency) variance= $18,120 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15.1 - 14.6)*40,200

Direct labor rate variance= $20,100 favorable

4 0

3 years ago

In the business world, a _________________ is recognized as a legally acceptable way for any business to keep knowledge of its p

neonofarm [45]

Answer:

Trade secret

Explanation:

A trade secret refers to things like a process, formula or design that a company owns that have an economic value and provide a competitive advantage and that are known only by certain people inside the organization. According to this, the answer is that in the business world, a trade secret is recognized as a legally acceptable way for any business to keep knowledge of its particular methods of production from being known by competing firms because trade secrets refer to intellectual property that allows the organization to have a competitive advantage and they are maintained as a secret to avoid competing firms to copy its methods.

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3 years ago