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3 years ago

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Cost accounting is concerned with: Multiple Choice accumulation and determination of product, process or service cost. income me

asurement and inventory valuation. generally accepted accounting principles. all of the answers are correct.

1 answer:

Vinvika [58]3 years ago

4 0

Answer:

D. All of the above.

Explanation:

Those stated are all concerned with cost accounting.

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You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces

erica [24]

Answer:

The annual rate of return of the invesment will be -14,97%

Explanation:

The initial investment is 45.000 and after 5 years the value of the investment is only 20.000. Here we can see a destruction of value (20.000 < 45.000). In finance, the time takes an essential part in calculation, so through the interest rate we calculated how bad was the investment in annual terms. The formula is as follows: Final investment value=(Initial investment*(1+interest rate)^(total years)) in our case would be: 20.000=(45.000*(1+interest rate)^(5)) From this formula we got -14,97%

8 0

2 years ago

When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?

seropon [69]

Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.

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2 years ago

Which form of currency is not backed by gold today? The form of currency no longer backed by gold is called money

Amiraneli [1.4K]

<span>
The form of currency that is no longer backed by gold is called money. The currency is not backed by gold because in 1971 people have became able to utilize </span><span>banknotes</span><span> as the only form of money. So, the money had no currency with any gold or silver backing and that is the reason why it is not backed.
</span>

3 0

2 years ago

Oksana_A [137]

Explanation:

why is this so much who assigned you this

3 0

2 years ago

You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currently sell for $83,800. You beli

lana [24]

Answer:

We to invest <em> $ 17,213 per year to buy the car in seven years from now</em>

Explanation:

<u><em>First, we solve for the future value of the car:</em></u>

$Principal \: (1+ r)^{time} = Amount$

Principal 83,800.00

time 7.00

rate 0.10000

$83800 \: (1+ 0.1)^{7} = Amount$

Amount 163,302.49

<u><em>Then, for the PTM to achieve tham amount in 7 years:</em></u>

$FV \div \frac{(1+r)^{time} -1}{rate} = C\\$

FV 163,302

time 7

rate 0.1

$163302.49298 \div \frac{(1+0.1)^{7} -1 }{0.1} = C\\$

<em>C $ 17,212.981 </em>

8 0

2 years ago