Answer:
Rate of return is 2.52%
Explanation:
Investment in 1925 = $10,000
Portfolio value in 2000 = $64,402.23
Number of years = 2000-1925 = 75 years
Rate of return = ?
Using following formula to calculate rate of return.
A = P x ( 1 + r )^n
64,402.23 = 10,000 x ( 1 + r )^75
64,402.23 / 10,000 = ( 1 + r )^75
6.440223 = ( 1 + r )^75
![\sqrt[75]{6.440223} = \sqrt[75]{(1+ r)^75}](https://tex.z-dn.net/?f=%5Csqrt%5B75%5D%7B6.440223%7D%20%3D%20%5Csqrt%5B75%5D%7B%281%2B%20r%29%5E75%7D)
1.02515 = 1 + r
r = 1.02515 - 1
r = 0.02515
r = 2.52%
Answer:
See below
Explanation:
First we will compute the ending retained earnings
= Beginning retained earnings $4,615 + Revenue $7,010 - Dividends $500
= $11,125
Then , the total assets of EEE corp. would be
= Capital contributed $820 + Retained earnings $11,125 + liabilities at year end $5,225
= $17,170
Answer:
Cheeses from England.
Explanation:
First, let us define what Marketing Mix is:
- This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.
The goal of a marketing strategy is to create awareness among the target audience.
Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.
It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.
The company president and product director will have to do what the customer wants.
Go to your calculator and tap root 40 it will give you answers but in decimal forms
...lower the amount of products they create.