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Umnica [9.8K]
3 years ago
12

Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's Ice Cream Shoppes.

Business
1 answer:
Katen [24]3 years ago
4 0

Answer:

Arithmetic Growth rate is about 19.89%

Geometric Growth rate is about 23.44%  

Explanation:

Dividend Arithmetic Growth rate is calculated as follows

Step 1:

Find the growth rate of each year

Step 2:

Take its sum

Step 3:

Make an average by dividing the sum of all growths by Number of years in  growth.

Dividend Arithmetic Growth rate is calculated as follows

Step 1:

Find the growth rate of each year

Step 2:

Take sum of all positive growth rates because geometric mean does not include the negative values.

Step 3: Multiply every growth and take the square root of the resultant product of these growths.

A MS Excel File is attached for the working. please find it.

Download xlsx
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An investor owned a 100-acre parcel that contained several natural asphalt lakes. A construction company was erecting highways f
Leona [35]

Answer: Yes

Explanation:

The construction company is entitled to compensation because it has a property right to enter and remove minerals.

The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.

7 0
3 years ago
Which term best describes the business activity that occurs when website visitors buy products or services from you online?
SVEN [57.7K]

Answer:

The answer is E-commerce

Explanation:

Nowadays, trade can occur anywhere, in the market or from the corner of your room.

The act of buying and selling goods and services through the internet is known as E-commerce. For example, Amazon. Amazon sells products through internet. Customers visit their website, search for what interests them and pay for it online through credit card or master card or might decide to pay on delivery of the product.

5 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
3 years ago
A CFO’s responsibility is to manage financial risk, and that covers which other element?
kow [346]

Answer:

b.All the information and data in the company.

Explanation:

A CFO is the Chief financial officer is an organization.  He or she is responsible for the company's financial risks, management, and reporting.  The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.  

Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO  guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.

5 0
3 years ago
Customers' names, numbers, and addresses are an example of the ________ component of an information system.
kondaur [170]
The components of the information system are: hardware, software and data. Data is a collection of facts: names, street addresses, phone numbers, etc.
Answer:
Customers` names, numbers and addresses are an example of the data component of an information system.
5 0
3 years ago
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