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slega [8]
3 years ago
9

Two years ago, you invested $3,000.00. Today, it is worth $3,750.00. What rate of interest did you earn?

Business
1 answer:
enot [183]3 years ago
4 0

The annual interest rate is 11.803%.

Assumptions:

- Interest is compounded annually.

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Which 2 statements are true regarding Intuit-approved QuickBooks Online apps?
Zielflug [23.3K]

Answer: • You or your client can add apps to the client's account

• They must be available via the Apps screen in QuickBooks Online Accountant or apps.com

Explanation:

You didn't give the options to the questions but I got the options online. Quickbook refers to an accounting software package that is used by businesses to pay bills, accept payments, do payroll functions etc.

The correct statements regarding Intuit-approved QuickBooks Online apps include:

• You or your client can add apps to the client's account.

• They must be available via the Apps screen in QuickBooks Online Accountant or apps.com

5 0
3 years ago
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:_____
mars1129 [50]

Answer:

The profit margin controllable by the Central Valley segment manager is:  $ 95,000.

Explanation:

Only items directly controllable by the Manager should be included in the divisional financial performance measure.

<u>Central Valley Division</u>

Revenues                                         $ 405,000

Less Variable Costs :

Variable operating expenses        ($ 230,000)

Controllable Contribution                $ 175,000

Less Controllable fixed expenses   ($80,000)

Controllable Profit                             $ 95,000

3 0
3 years ago
Evaluating your data involves examining it in terms of reliability, relevance, expertise, adaptability, and biases.
pogonyaev

Answer:

a. True

Explanation:

In the case when the data is evaluated so it consist of detail examination with respect how much data is reliable that means how the data gives the actual results, how much it is relevant to the current decision, the data needs expertise in order to make some decisions, the data needs adaptability as per the changes done and the biases also

Therefore the given statement is true

7 0
3 years ago
As a smart customer you are always on the lookout for sales coupons and rebates while shopping for new clothes you notice that o
Ludmilka [50]
This would probably be about three shirts since each costs about $18 so three shirts would be $54
3 0
3 years ago
The Drogon Co. just issued a dividend of $2.96 per share on its common stock. The company is expected to maintain a constant 5 p
dybincka [34]

Answer: 13.88%

Explanation:

The cost of equity can be used along with the variables given to calculate the price of a share using the Gordon Growth model so this can be remodeled to solve for the cost of equity.

Price of stock = (Dividend * (1 + growth rate)) / (cost of equity - growth rate)

35 = (2.96 * (1 + 5%)) / (cost of equity - 5%)

35 = 3.108 / (cost of equity - 5%)

(cost of equity - 5%) * 35 = 3.108

Cost of equity - 5% = 3.108 / 35

Cost of Equity = (3.108 / 35) + 5%

= 13.88%

4 0
3 years ago
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