Answer:
4.18%
Explanation:
The formula for used for this calculation is given as
Future value = Present( Initial) value (1 + r)ⁿ
Where n = number of years of the investment = 13 years
Future value (Amount of the investment after 13 years)= $5,280
Present ( Initial) value (Amount of the investment before 13 years) = $3,100
r = rate of return
The formula for r is derived as:
r = (Future value/ Present (initial) value)¹/ⁿ- 1
r = ($5,280/$3,100)¹/¹³ - 1
r = 1.0418139573 - 1
r = 0.0418139573
r is always in percentage format
r = 0.0418139573 × 100
r= 4.18139573%
Approximately, the rate of return annually for 13 years = 4.18%
I would say Sir/ma'am it seems that we are out of stock on that certain item. You can order online the item that you want. If not then can I have your name or phone number to tell you when we have that item again.
Hope this helps :3
Answer:
These are the options for the question:
A. They should be more willing to tear down the $5 million stadium, because it cost less to build.
B. They should be more willing to tear down the $50 million stadium, because it cost more to build.
C. The cost to build the old stadium shouldn’t be considered.
And this is the correct answer:
A. They should be more willing to tear down the $5 million stadium, because it cost less to build.
Explanation:
City A will likely be more willing to tear down its old stadium because it costed $5 million to build. City B, on the other hand, will have to think twice because a stadium that costed $50 billion to build could have more value than it seems, or the City could simply not have enough money to build a better new stadium (something that would probably cost more than $50 billion to do).
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$157 per equivalent unit
Explanation:
Note: <em>The full question is attached as picture below</em>
<em />
Conversion cost per equivalent unit = Conversion costs added during February / Equivalent units of conversion costs
Conversion cost per equivalent unit = $1,100,000 / 7000 units
Conversion cost per equivalent unit = $157.14286
Conversion cost per equivalent unit = $157 per equivalent unit
