1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrej [43]
2 years ago
14

The average annual stock return is 11.3%. If you begin your investment portfolio with $2,000, what will your portfolio be worth

in 30 years if the average holds?
Business
2 answers:
Natasha_Volkova [10]2 years ago
6 0

Answer:

6780$

Explanation:

We first find 11% of 2000 by the following equation

2000 x .11

From this we get the annual interest 226$

226$ x 30 = $6780

Artemon [7]2 years ago
4 0

Answer:

$49,646

Explanation:

You might be interested in
Assume Japan begins with its economy running at full employment. If the Japanese government increases government expenditures th
Svetllana [295]

Answer:

D) the AD curve will shift​ out, causing an increase in the Japanese price​ level, but not change in output.

Explanation:

If the government starts to increase spending, the total income will increase, shifting the AD curve outwards. Generally this situation would increase both the general price level (inflation) and total output (AS curve). But since the economy is already at full employment, real output will increase minimally (if any increase at all). The largest effect will be felt in the rise of inflation.

3 0
2 years ago
Spree Company sold $769,300 of goods during the year at a cost of goods sold of $548,600. Inventory was $31,283 at the beginning
Zarrin [17]

Answer:

16.42

Explanation:

Data provided in the question:

Cost of goods sold =  $548,600

Beginning inventory of the year = $31,283

Ending inventory of the year = $35,538

Now,

the Inventory turnover ratio is calculated as;

⇒ ( Cost of goods sold ) ÷ ( Average inventory of the year )

Also,

Average inventory of the year = \frac{\textup{Beginning inventory + Ending inventory}}{\textup{2}}

= \frac{\$31,283+\$35,538}{\textup{2}}

= $33,410.5

Therefore,

Inventory turnover ratio = $548,600 ÷  $33,410.5

= 16.42

6 0
3 years ago
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and woul
Margarita [4]

Answer:

"Decrease by 250" is the appropriate response.

Explanation:

The given values are:

Revised fixed cost,

= $150,000

Current selling price,

= $100

Current variable cost,

= $60

Current contribution will be:

=  Current \ selling \ price-Current \ variable \ cost

=  100-60

=  40

Now,

The revised BEP will be:

=  \frac{Revised \ fixed \ cost}{Revised \ contribution}

On substituting the values, we get

=  \frac{150,000}{40}

=  3750 \ units

hence,

=  4000-3750

=  250

Thus the above is the correct answer.

4 0
2 years ago
In 5-10 sentences, answer the Question; What is a Market Economy?
Ulleksa [173]

Answer:

A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.Market economies range from minimally regulated free-market and laissez-faire systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning—which guides yet does not substitute the market for economic planning—a form sometimes referred to as a mixed economy.

8 0
3 years ago
Doogan Corporation makes a product with the following standard costs:
AveGali [126]

Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*5,000 - 10,310)*7

Direct material quantity variance= $2,170 unfavorable

4 0
2 years ago
Other questions:
  • What are some characteristics of a wise money manager
    13·1 answer
  • How do the media affect which issues the public thinks are important?
    9·1 answer
  • Which of the following statements is CORRECT? a. During a period when a company is undergoing a change such as increasing its us
    9·1 answer
  • Who wanna join my zoom
    11·2 answers
  • What may happen if your job does not require you to use the aptitudes you possess?​
    14·1 answer
  • Voyager Corporation has developed the following cost formula for its maintenance cost: Y = $300 + $2X, where X = the number of d
    7·1 answer
  • Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $56,000. At the b
    11·1 answer
  • Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
    10·1 answer
  • Toys R Fun purchased $4,000 of merchandise for resale and paid immediately. To record this transaction, Toys R Fun's accountant
    8·1 answer
  • Todd and Cathy created a firm that is a separate legal entity and will share ownership of that firm on a 50-50 basis. Which type
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!