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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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Department stores have increasingly used designer boutiques to highlight specific designers to small market segments. This strat
lawyer [7]

Answer:

Specialty Store

Explanation:

A specialty store is a store where it keeps the high brand, style or models having the narrow category of goods and services. The products like furniture, sporting goods, bookstores are categorized as the speciality stores.

Since in the given situaton, it is mentioned that the stores increase the usage of the designer boutique for highlighting the particular designers for the small market so this represent the speciality store of that retail institution

3 0
3 years ago
Question 3 of 10
kifflom [539]
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3 years ago
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Snyder's-Lance is a leading snack-food company. The following note was contained in its recent annual report:
Mademuasel [1]

The reported ending inventory was $43,112 thousand. If FIFO were used exclusively, the ending inventory would have been $6,964 thousand higher than reported, or $50,076 thousand.

Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.

The manufacturer has three types of inventory. There are raw materials (awaiting processing), work in process (processed), and finished goods (preparing for shipment). The LIFO method assumes that the most recently purchased inventory units are sold.

Learn more about inventory at

brainly.com/question/24868116

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6 0
2 years ago
A machine with a cost of $100,000 and accumulated depreciation of $98,000 is sold for $70,000 cash. The amount that should be re
Reptile [31]

Answer:

$70,000

Explanation:

cash flows from investing activities  generally refers to money made or spent  on long-term assets the company has purchased or sold. Investing transactions generate cash  outflows, such as capital expenditures for plant, property and equipment, business acquisitions  and the purchase of investment securities. Inflows come from the sale of non- current assets such as machines and equipment, businesses and  investment securities. For investors, the most important item in this category is capital  expenditures, made to ensure the proper maintenance of, and additions to, a company's physical  assets to support its efficient operation and competitiveness.

So based on the above discussion, the amount that should be reported in cash flow from investing activities is cash inflow from purchase of machine which is "$70,000"

7 0
4 years ago
Product line extensions are current products that have been modified. (points : 1) true false
MariettaO [177]
Hello there. ;D

<span>Product line extensions are current products that have been modified.

Answer:True</span>
5 0
3 years ago
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