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2 years ago

What does it mean to own an individual stock ?

Business

1 answer:

valentina_108 [34]2 years ago

7 0

Answer:

that being one of the owners of the business

Explanation:

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Individuals have to choose whether to save or invest since it is not recommended to do both

Kisachek [45]

False. Investing is sometimes considered a form of saving money people use other than savings accounts

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3 years ago

Read 2 more answers

Smith Machining makes three products. The company’s annual budget includes $1,048,000 of overhead. In the past, the company allo

Flauer [41]

Answer:

The computation is shown below:

Explanation:

a. The company overhead rate based on direct labor is

= Total Overheads ÷ Direct Labor Hours

= $1,048,000 ÷ 40,000

= $26.2 per hour

b) Overheads Rate using Activity Based Costing is

= Cost ÷ Activity level

For Order Processing, it is

= $226,800 ÷ 14,000 orders

= $16.2 per order

For setups, it is

= $157850 ÷ 4,100 setup

= $38.5 per setup

For Milling, it is

= $395,850 ÷ 20,300 machine hours

= $19.5 per machine hour

For Shipping

= $267,500 ÷ 25,000

= $10.7 per shipment

We simply applied the above formula so that the per unit could come

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3 years ago

A corporation is a type of partnership that?

NeTakaya

That has share holders and a board of directors.

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3 years ago

Manuel Rios wishes to determine how long it will take an initial deposit of $13 comma 000 to double. a. If Manuel earns 9% ann

Lorico [155]

Answer:

See Below

Explanation:

This is a problem of compound interest. The formula is:

$F=P(1+r)^t$

Where

F is the future value

P is the present value

r is the rate of interest

t is the time in years

P = 13,000

To double his money, that means, F = 26,000

Now, r = 9% = 0.09, so time it takes:

$F=P(1+r)^t\\26,000=13,000(1+0.09)^t\\2=1.09^{t}\\t=\frac{Ln(2)}{Ln(1.09)}\\t=8.04$

So, its gonna take about 8.04 years to double

Similarly, here we just use r = 0.06, so the calculation is:

$F=P(1+r)^t\\2=1.06^t\\t=11.9$

So, its gonna take about 11.9 years to double

Here, the r is 11% or 0.11

So, the time it will take:

$F=P(1+r)^t\\2 = 1.11^t\\t=6.6$

So, it is going to take about 6.6 years to double

The amount of time it takes to double his money decreases as the interest rate increases and the time increases as interest rate decreases.

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2 years ago

Intangible Assets and Goodwill: Amortization and Impairment In early 2011, Bowen Company acquired a new business unit in a merge

lianna [129]

I thinks the answer is 400,000 jp I jags need more answers

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2 years ago