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
TEA [102]
2 years ago
13

Jogging gear is considering a project with an initial cash requirement of $238,400. the project will yield cash flows of $4,930

monthly for 65 months. what is the rate of return on this project?
Business
1 answer:
natta225 [31]2 years ago
7 0
First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
                     rate of return = ($320,450 / $238,400) x 100% 
                                             = 134.42%
Thus, the rate of return of the said project is approximately 134.42%. 
You might be interested in
Here are selected data for Creek​ Corporation: Cost of materials purchases on account $ 68 comma 700 Cost of materials requisiti
Sedbober [7]

Answer:

$29,900

Explanation:

According to the scenario, computation of the given data are as follows:-

Predetermined Manufacturing Overhead = 130% of Direct Labor Cost

= $77,000 × 130÷100 = $100,100

Direct Material= $51,300 - $4,500 = $46,800

Direct Labor = $77,000

Total Added Cost to WIP = Manufacturing Overhead + Direct Material + Direct Labor

=$100,100 + $46,800 + $77,000 = $223,900

WIP Inventory at the End of The Year = Beginning WIP Inventory +Total Added Cost to WIP - Cost of Goods Manufactured

= $29,700 + $223,900 - $223,700

= $29,900

5 0
3 years ago
There are three
Lana71 [14]

The correct alternative is letter C. Inflation control. This is the first strategy to control the currency in the economy, being one of the main objectives of monetary policy in a country.

<h3 /><h3>What is monetary policy?</h3>

It is the set of governmental strategies and actions to interfere in the investment market and in the consumption power of citizens, through the control of the basic interest rate of the economy, which is an instrument capable of influencing the value of a currency and the prices of goods. consumption, thus generating a control over inflation in search of economic balance in a country.

Therefore, controlling inflation is a short-term measure that generates a series of impacts on an economy, such as fiscal and monetary contraction measures, such as increasing taxes and reducing public spending.

Find out more about monetary police here:

brainly.com/question/13926715

#SPJ1

8 0
1 year ago
.3Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of taxable dividends on stoc
Sidana [21]

Answer:

Zola's gross income is worked out under community property state;

Explanation:

community property state

Dividends ($1200/2)                               $600

Interest on certificate of deposit  ($900/2)     $450

Salary               ($80,000/2)                          $40,000

Gross income                                         $41,050

Under community law system, all the property is deemed to be community property and is held jointly by the spouses unless the property is acquired before marriage or inheritance or gift.

For federal tax purposes, each spouse is taxed one and half of the property belonging to community. Therefore Zola is taxed 50% for the incomes of her spouse as well including the interest on certificate of deposit.

6 0
3 years ago
Devin Company has the following data for their budget and actual performance. Actual Master budget Master Budget Variance Sales
snow_tiger [21]

Answer:

The operating income master budget variance 6687      Unfav

Explanation:

Devin Company

Actual Vs. Budget Performance Report

For the year

                              Actual          Master       Master Budget  

                          Performance   budget         Variance

Sales                   150,298         155,842            5544    Unfavorable

Variable Costs     65,548          63,937             1611      Unfav

Fixed Costs         12,007           12,475              468       Fav

Operating Income 72743          79430             6687      Unfav

 

The operating income master budget variance is unfavorable because actual operating income is less than the budget operating income .

When the actual sales revenue is less than the budgeted revenues the variance is unfavorable.

When the actual costs are more than the budgeted costs the variance is unfavorable, and favorable when the actual costs are less than the budgeted costs.

6 0
3 years ago
How to be a successful entrepreneur?
pishuonlain [190]

Answer:

Don’t take ‘no’ for an answer

Learn from the best

Stay hungry and ambitious

Never stand still; evolve with the times

Nurture long-term business relationships

Inspire those around you

Trust your gut instinct, not just your spreadsheet

Explanation:

It takes hard work and dedication and they are many free sources that is available today such as videos

7 0
2 years ago
Read 2 more answers
Other questions:
  • As you get older, a Target Date Fund will adjust by…
    5·1 answer
  • Jill wants to save up for a down payment for her first home to be purchased 8 years from now. If she can earn 8% on her savings
    15·1 answer
  • Frictional unemployment: Multiple Choice 1) refers to unemployment caused by friction between labor and management. 2) comes fro
    9·1 answer
  • The institution-based view driving alliances and acquisitions focuses on _____ concerns.
    13·1 answer
  • The natural rate of unemployment is the: Question 10 options: a) full-employment unemployment rate. b) unemployment rate experie
    10·1 answer
  • Let RUS be the annual risk free rate in the United States, RUK be the risk free rate in the United Kingdom, F be the futures pri
    11·1 answer
  • ________ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase deci
    14·1 answer
  • One of the themes that came out of the survey responses is that employees take their responsibility of serving fresh, hot food q
    5·1 answer
  • Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different compan
    6·1 answer
  • You will not hurt your credit rating if you:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!