Based on the amount the bicycle was sold for and the cost to produce, the return on investment was <u>23.5%. </u>
<h3>What was the return on investment?</h3>
This can be found by the formula:
= (Total Return – Amount Invested)/Amount Invested x 100%
Solving gives:
= (85 - 65) / 85 x 100%
= 20 / 85 x 100%
= 23.5%
In conclusion, this is 23.5%.
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Answer:
Explanation:
¿Cuáles fueron las principales causas de la Revolución Americana? La Revolución Americana fue causada principalmente por la oposición colonial a los intentos británicos de imponer un mayor control sobre las colonias y hacerles pagar a la corona por defenderlas durante la Guerra de Francia e India (1754-1763).
Acts as the governments bank
Maintains currency
Conducts monetary policy
Maintains the payment system
Answer:
Option (D) is correct.
Explanation:
Given that,
Stock price per share, P0 = $38.24
Market rate of return, rs = 9.65 percent
Annual dividend paid next year, D1 = $0.48
Dividend growth rate = [rs - (D1 ÷ P0)] × 100
= [9.65% - ($0.48 ÷ $38.24)] × 100
= (0.0965 - 0.0126) × 100
= 0.0839 or 8.39%
Answer:
c.LIFO
Explanation:
LIFO is the inventory costing method that reports the earliest costs in ending inventory. It is also a method of costing that will yield the largest net income when inventory is being valued at the cost and the purchase price remain same. It also assign the most recent costs to the cost of merchandise sold. This method is used only in United states and is been governed by the general accepted accounting principles (GAAP).