Answer:
a. 5.18%;
b. 10.12%;
c. 6.32%;
d. 9.22%.
Explanation:
We apply the formula of Annual rate of return to calculate for the four cases.
The formula for calculating annual rate of return as below:
Annual rate of return = ![\sqrt[year]{Ending value/Beginning value}](https://tex.z-dn.net/?f=%5Csqrt%5Byear%5D%7BEnding%20value%2FBeginning%20value%7D)
-1 ;
So, for each of the case given, by applying the formula, the detailed calculations for each case will be:
+ For case a :
![\sqrt[12]{769.5/420} -1](https://tex.z-dn.net/?f=%5Csqrt%5B12%5D%7B769.5%2F420%7D%20-1)
= 5.18%;
+ For case b:
![\sqrt[14]{11,567.45/3,000} -1](https://tex.z-dn.net/?f=%5Csqrt%5B14%5D%7B11%2C567.45%2F3%2C000%7D%20-1)
= 10.12%;
+ For case c:
![\sqrt[20]{110,000/32,303.47} -1](https://tex.z-dn.net/?f=%5Csqrt%5B20%5D%7B110%2C000%2F32%2C303.47%7D%20-1)
= 6.32%;
+ For case d:
![\sqrt[40]{1,100,000/32,275.63} -1](https://tex.z-dn.net/?f=%5Csqrt%5B40%5D%7B1%2C100%2C000%2F32%2C275.63%7D%20-1)
= 9.22%.
Answer:
The answer is D. Inventory account.
Explanation:
Perpetual inventory method is very useful as it is updated daily and gives a real-time insight into the stocks unlike in the periodic inventory system where you calculate the stock at the end of a certain period.
Answer: The correct answer is the first statement.
Explanation: Marginal revenue product measures the amount by wich the extra production of one more worker increases a firm's total revenue.
<u>It is an economic term used to describe the change in total income that results from a unit change of one type of input variable. There are many types of input variables that you can change, such as adding an employee or a new machine.</u>
Answer: (A) Assistant project managers
Explanation:
The main role of the assistant project manager is that it basically assisting the project managers by coordinating, analyzing and planning the specific project.
The main responsibility of the assistant project managers is to supporting the given function of the project and execute the given project.
According to the given question, a typical project office is basically responsible for managing the large projects which include both the project manger and the assistant project managers.
Therefore, Option (A) is correct answer.
Answer: D) B
Explanation:
The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.
Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.
After the Price Floor was introduced however, area B has become a Producer Surplus.
