All categories

2 years ago

You purchased stock for $18,000 ten years ago. Now the stock is worth $25,000. What was your annual rate of return?

Business

1 answer:

Paraphin [41]2 years ago

6 0

Answer:

3.3%

Explanation:

The yearly rate of return is calculated by taking the amount of money gained or lost at the end of the year and dividing it by the initial investment at the beginning of the year.

DATA

Future value = $25,000

Present value = $18,000

Time = 10 years

Formula:

Annual return = $(\frac{futurevalue}{presentvalue}) ^{1/time} -1$

Annual return = $(\frac{25000}{18000}) ^{1/10} -1$

Annal return = 3.3%

You might be interested in

The short run is defined as A. a period of time of five years or less. B. the period of time in which all factors of production

allochka39001 [22]

Answer:

C. the period of time in which at least one factor of production is fixed.

Explanation:

The short-run is a condition, were some controls and market are not in fair equilibrium, some factors like the variables and other that are foxed have limited entry or exit to the industry.

In the macroeconomics a long run is a time when the general price, and contractual wage rates, along with the expectations are adjusted entirely to the states of the economy. and this contrast to the short-run where the variable is not fully fixed or adjusted.

<u>The short-run for a firm will increase the production of the marginal costs is less than the marginal revenue. The transition from the short to the long-run market equilibrium may be done on considering the supply and demands.</u>

4 0

3 years ago

Merchandise inventory is Select one: a. None of the above b. Reported under the classification of Property, Plant and Equipment

Elden [556K]

Answer:

d. Reported as a current asset on the balance sheet

Explanation:

Merchant inventory refers to st finished goods available for sale at any given time. Merchant inventory is commonly referred to as inventory. It is recorded as a current asset in the balance sheet.

Merchant inventory is acquired through purchasing by retailers, wholesalers, and distributors to be sold to customers. Merchant inventory will specifically refer to the unsold goods at the end of a period. It is recorded at its acquisition cost. i.e., the cost which the trader paid to obtain the merchandise.

6 0

3 years ago

eBookPrintReferences Check my work Check My Work button is now enabledItem 180Item 180 Ouelette Corporation's relevant range of

telo118 [61]

Answer:

$22,800

Explanation:

Calculation for the total amount of indirect manufacturing cost incurred

First step is to find the fixed manufacturing overhead portion

Fixed manufacturing overhead portion=$3.00 *5000 units

Fixed manufacturing overhead portion =$15,000

Second step is to calculate the indirect manufacturing cost if 6,000 units are produced using this formula

Indirect manufacturing cost =Fixed manufacturing overhead portion

+ Variable portion

Let plug in the formula

Indirect manufacturing cost=$15,000 + ($1.30*6,000 units)

Indirect manufacturing cost=$15,000+$7,800

Indirect manufacturing cost=$22,800

Therefore the total amount of indirect manufacturing cost incurred is closest to $22,800

8 0

3 years ago

A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Interest is paid semiannually. Ca

Katarina [22]

Answer:

$918.89

Explanation:

For computing the current price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,

Future value = $1,000

Rate of interest = 8% ÷ 2 = 4%

NPER = 5 years × 2 = 10 years

PMT = $1,000 × 6% ÷ 2 = $30

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the current price of the bond is $918.89

7 0

3 years ago

Select all examples of non-market distribution methods.

Lelu [443]

°first-come/first-served (i.e., vaccines)

°sharing equally (i.e., food distribution)

°weight (i.e. based on percentage of population)

°merit (i.e., contests)

°random (i.e., contests)

3 0

3 years ago