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jek_recluse [69]
3 years ago
7

You invested $4,500 in a project which gave you a return of 12.5% the 1st year. You were quite happy, but the 2nd year wasn't as

good. You lost 3.3% that year. The 3rd year was better - you made 5.5% on this investment. What was your annual average rate of return over the three years
Business
1 answer:
Furkat [3]3 years ago
4 0

Answer:

4.9%

Explanation:

The computation of the annual average rate of return over the three years is shown below:

Given that

Positive return in 1st year is 12.5%

The Negative return in 2nd year is 3.3%

And, the positive return in 3rd year is 5.5%

So, the annual average rate of return is

= (12.5% - 3.3% + 5.5%) ÷ (3 years)

= 4.9%

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Kate's Diner offers one breakfast item, a breakfast special. The market price for this meal is $5. At her profit-maximizing leve
bazaltina [42]

Answer:

keep producing in the short run but exit the industry or go out of business in the long run

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.

A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run

6 0
3 years ago
Cristiano Ronaldo is comparing a manufacturing operation using regular lot-sizing and the same operation with a kanban/lean prod
Komok [63]

Answer:

On the off chance that we look at the absolute expense of stock in both the Kanban and standard parcel measuring technique, the complete expense of Kanban stock model will be not exactly ordinary part estimating. This is because of the way that the Kanban technique is a lean strategy and in this manner the abundance requesting of the stock is dodged and just the required quantitiy of the things is set. This decreases the stock administration and buy cost essentially making it less exorbitant than the normal parcel estimating.

4 0
3 years ago
In a bottom-up approach, managers should have a ________ level of controllability and a ________ level of involvement in budget
xeze [42]

In a bottom-up approach, managers should have a high level of controllability and a high level of involvement in budget setting.

<h3>What is a bottom-up budget approach?</h3>
  • Bottom-up budgeting is a method of creating budgets that begins at the departmental level and works its way up.
  • Each department within the organization must create a list of the supplies it requires, the projects it intends to complete throughout the upcoming fiscal year, and cost projections.

<h3>What is top-down and bottom-up budgeting?</h3>
  • Departments must create budgets in top-down planning while adhering to the limitations imposed by senior leadership.
  • Departments produce their own budget estimates and submit them to top leadership in a bottom-up budget.
  • The two strategies are the two types of budgeting that are most frequently used.

<h3>What is bottom-up approach in accounting?</h3>
  • Bottom-up forecasting is a technique for predicting an organization's future performance by beginning with basic company information and moving "up" to revenue.
  • This strategy begins with thorough customer or product data before expanding to revenue.

Learn more about bottom-up approach here:

brainly.com/question/19672423

#SPJ4

5 0
1 year ago
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
Nadusha1986 [10]

Answer:

The correct answer is C

Explanation:

The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.

It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.

So, computing the bad debt expense as:

Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts

= $3,600 - $600

= $3,000

ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.

6 0
3 years ago
What is the total number of unique triangles that can be formed with side lengths of 6.5 centimeters, 6 centimeters, and 2.5 cen
Mekhanik [1.2K]

Answer:

Explanation:

246

3 0
3 years ago
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