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mezya [45]
2 years ago
11

You just founded a tech startup with an incredible ROI of 100%. That is, each dollar you invest in the firm creates a permanent

increase of one dollar in earnings for all time. Unfortunately, like most good things, this ROI will be gone after two years (this means you can invest at ROI=100% at the end of years 1 and 2). After that, the ROI will lze 7%. You plan on reinvesting all earnings as long as its profitable, your return on equity is 10%, and your projected earnings for year 1 will be $10 million. What are the earnings for your startup at the end of year 3?
a. 40 million
b. 30 million
c. 20 million
d. 31 million
e. 19 million
Business
1 answer:
Airida [17]2 years ago
3 0
I believe it’s c 20 million
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3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
nadezda [96]

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The correct answer is option (c) $264 underapplied

Explanation:

Given data;

Direct labour hour = 22160

Total Manufacturing overhead cost= $585,024

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Calculating the Predetermine overhead rate using the formula;

Predetermined Overhead rate=Total Overhead Cost/Total Direct Labor Hour

Predetermined Overhead rate = $585024/22160

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To determine the under-applied amount of overhead cost, we use the formula;

Under−Applied amount= Estimated Overhead Cost*Actual Overhead Cost

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      Under applied  = $ 264

                       

8 0
2 years ago
Adriana has borrowed $30,000 from her IRA in order to fund her startup costs. How long does she have to replace the money withou
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7 0
3 years ago
Read 2 more answers
Should the United States acced to the United Nations Law of the Seas without reservations?
grin007 [14]

I think that the answer to this question should be based upon your opinion sorry if you were expecting the actual answer


5 0
3 years ago
lack of property rights diminish economic growth. diminish economic growth. increases productivity. increases productivity. enco
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The answer is diminish economic growth.

  • The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.
  • Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.
  • Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.

Thus this is the meaning of diminish economic growth.

To learn more about economic growth, refer: brainly.com/question/18964806

#SPJ4

5 0
1 year ago
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