Answer:
what's the question I can help you if u give me the question
Answer:
$89,000
Explanation:
Explanation:
Let the salary at the beginning be A
Interest increment is i = 4.15℅
Future value aimed for is F = $215000
Number of years is n=20
The formula for the future value of a present sum is given as
F = A(1+I)^n
215000 = A(1+0.0415)^20
215000 = A(1.0415)^20
Taking log of both sides
Log215000 = LogA + 20Log1.0415
LogA = Log215000 - 20Log1.0415
LogA = 4.95
Taking anti log of 4.95
We have that ;
A = $89,000
An activity-based costing system is uses numerous overhead cost pools. Thus, the last option is correct.
<h3>What is Activity based costing?</h3>
Activity based costing is the technique which is used to calculate the cost based on the activity. It is the prediction of the cost, in which overhead cost and indirect cost are assigned.
This approach allocates fixed and variable expenses, as well as overhead and indirect costs, to relevant goods and services, allowing a business to determine the true cost of a product, service, or activity.
Therefore, it can be concluded that the last option is correct.
Learn more about Activity based costing here:
brainly.com/question/15862944
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Answer: "marketing strategy" .
____________________________________________________
Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
