Answer:
23.08%
Explanation:
Future value =Present value*(1+r)^n
$4,000 = $3,250*(1+R)^1
$4,000 = $3,250*(1+R)
1+R = $4,000/$3,250
1+R = 1.230769
R = 1.230769 - 1
R = 0.230769
R = 23.08%
Answer:
Advertisements for CL brake products, True spark plugs, AM chassis parts, and Stone wheels featured in Tire Review, a journal for owners/operators of auto shops, are examples of business-to-business advertising.
Explanation:
This statement is perfect example of business to business advertising, where we direct of all our media and marketing efforts directly towards other businesses which are our target customers, not the daily household consumers. That's why we have follow a totally different approach here. All of the products which have been mentioned here in this statements are industrial products which are further used in the manufacturing of some other products therefore, their target customers are the other business who will be using these products in their final finished products.
Answer:
Total equivalent units of material = 900
Explanation:
<em>Equivalent units are notional whole units which represent incomplete works are used to allocate cost to work in progress and completed units</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × units
Item units Equivalent units
Completed units 600 100% × 600 = 600
Closing inventory 300 100%× 300 = <u>300</u>
Total equivalent units of material <u>900</u>
Note simply because materials are added at the beginning of the process, it is assumed that all the quantity required would have been added. Hence the degree of completion for materials is 100% .
Answer:
<em>Confidentiality duty to Kim has been violated by Greg</em>.
Explanation:
Remember Greg is acting as agent or real estate agent to Kim.
According to law he owed a duty of confidentiality to Kim which involves not disclosing any information of benefit which he may have gotten from his client (Kim) to third parties (buyers) without permission from Kim.
Therefore, Greg was not suppose to mention that Kim would have accepted less for her home.
The annual average rate of return can be calculated by calculating the average of three years annual return on the investment.
It is given that the investment earned a positive return of 13.1% in the first year, a negative return of -4.3% in the second year and a positive return of 5.9% in the third year.
Hence the annual average rate of return shall be (13.1-4.3+5.9)/3 =<u> 4.9%</u>
