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Airida [17]
3 years ago
14

Solving for rates what annual rate of return is earned on a $2,800 investment when it grows to $6,100 in eleven years?

Business
1 answer:
Flura [38]3 years ago
4 0
To solve use equation:
FVn = 6100 - investment amount after 11 years
PV = 2800 - initial investment amount
n = number of years

Fvn = Pv(1+i)^n
6100 = 2800(1+i)^11
(1+i)^11 = 6100/2800
(1+1)^11 = 2.17857143
i = (2.17857143)^(1/11)-1
i = 0.07335
i = 0.07335 x 100
i = 7.34%

The annual rate of return is 7.34%
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quester [9]

Answer:

The correct answer is B. $1,800.00

Explanation:

LIFO Perpetual table is attached.

The table shows purchases, sales and balance of each period.

As the final inventory is 120 units, we suppose the sales of the year.  Applying LIFO,  our ending inventory cost is 120 units, each one at $15

So,  total cost is $1800 (120* 15)

Download xlsx
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3 years ago
Which is an example of someone who is cyclically unemployed?
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Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0
3 years ago
Caspian Sea Drinks needs to raise $41.00 million by issuing bonds. It plans to issue a 14.00 year semi-annual pay bond that has
Darya [45]

Answer:

Explanation:

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PMT = (face value*coupon rate)/2 = $25.35

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5 0
3 years ago
Which of the following is a benefit to corporate executives when a process is outsourced?
love history [14]

Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

  • From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
  • The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
  • One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.
5 0
3 years ago
A _____ is subsidiary to the work-in-process account and is the primary document for accumulating all costs related to a particu
OlgaM077 [116]

Answer:

correct option is b. job-order cost sheet

Explanation:

A job order cost sheet is subsidiary to work in process

because job-order cost sheet are the documents that is use for record the manufacture cost.

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so correct option is b. job-order cost sheet

8 0
3 years ago
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