We will examine the annual growth rate of the following question.
Formula for calculating the annual growth rate is Growth Percentage Over One year =[ (F÷S) ¹/y - 1] ₓ 100
where F= final value
S= start value
y= Number of years.
(1,350000÷150) y= 2010-1895=115
∴ [(1,350,000÷150) ¹/₁₁₅ - 1] × 100
= (9000¹/₁₁₅ - 1) ₓ 100
= (1.082393 - 1) ₓ 100
= 8.24%
Over the course of 115 years the winners prize money grew from $150.00 to $1,350,000.00, its annual growth rate = 8.24%
Please Note, raising a value a to the ¹/<em>b</em> exponent is equivalent to taking the <em>b</em>th root of a. You will likely need a calculator with an " ![\sqrt[n]{x}](https://tex.z-dn.net/?f=%5Csqrt%5Bn%5D%7Bx%7D)
<em>" </em>button, or a good online calculator.
Couldn't find the basic symbols, had to improvise.
Answer:
CVP Income Statement
Sales revenue 2,300,000
Less: Total variable cost <u>1,171,000</u>
Contribution margin
1,129,000
Less: Fixed cost <u>664,000</u>
Net Operating income <u>$465,000</u>
Note:
Cost of goods sold 936,000
Selling expenses 119,000
Admin expense <u>116,000</u>
Total variable cost <u>1,171,000</u>
Cost of goods sold
473,000
Selling expenses 71,000
Admin expense <u>120,000</u>
Total Fixed cost <u>664,000</u>
<span>The three principla forms of business organization are corporations, proprietorship and partnerships. Corporations have certain advantages like indefinite life, limited liability and eas of ownership transfers as well as easy access to capital markets. Corporations also have disadvantages like their earnings are subjected to double taxes, they must file federal reports for registration and state reports as well which are incredibly time consuiming and difficult. Proprietorships are unincorporated businesses that are owned by a single person. This single person is responsible for bearing all the losses as well as managing all the business, but they also get to take all the profits. This type of business is easy and cheap to form and has few federal regulatiosn. The income from it is not subjected to corporate tax but on personal taxes. It is harder to raise capital for this type of business, and the life of the business is limited to the life of the founder. Finally, partnerships are two or more people running and managing a business where the goal is to turn a profit. It sadvantages are that it is easy and inexpensive to buil, has few government regulations, and the income is only taxable at the partners personal level, not as a corporate tax rate. The disadvantages are that there is an unlimited liability to the partners and they are responsible for the extent of the business, it is difficult to transfer ownership and all partners must always agree on how they ahndle their interests as well as growth and raising capital.</span>
Answer:
Variable-interval
Explanation:
she is likely to be reinforced with positive responses to her inquiries on a variable-interval schedule.
Variable-interval schedule is a schedule of reinforcement where a response is recompensed after an uncertain amount of time has passed, which is the opposite of a fixed-interval schedule.
- equal
- value
- legality
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