Answer:
16.59%
Explanation:
First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage
Future Value = Present Value x (1 +i)∧n
where i = the annual rate of return
n= number of years or period
We then plug the given figures into the equation as follows
we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15
Therefore, the implied annual return or yield on the investment is
100,000 = 10,000 x (1+i)∧15
(1+i)∧15 = 100,000/10,000 = 10
1 + i = (10∧(1/15))=1.165914
i= 1.165914-1
= 0.1659
= 16.59%
Answer: increase in inventory
Explanation:
increase in inventory : An increase in a company's inventory shows that the company bought more goods than it has sold. And the buying of additional inventory requires the use of cash, it means there was an additional outflow of cash. An outflow of cash has a negative effect on the company's cash balance.
Answer:
bad wi fi bad prefomancne
Explanation:
bad wi fi bad prefomancne
Answer:
Break-even point (dollars)= $21,667
Explanation:
Giving the following information:
Blythe Company has provided the following information: Sales price per unit $ 45 Variable cost per unit 18 Fixed costs per month $13,000
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 13,000 / [(45 - 18)/45]= $21,667