Answer:
3.3%
Explanation:
The yearly rate of return is calculated by taking the amount of money gained or lost at the end of the year and dividing it by the initial investment at the beginning of the year.
DATA
Future value = $25,000
Present value = $18,000
Time = 10 years
Formula:
Annual return = 
Annual return = 
Annal return = 3.3%
Answer:
As a government contractor, Foley Food must have an employee assistance program.
Explanation:
For Foley foods to increase its productivity need, the firm will have to hire new workers to assist other workers for the night shift, as to improve its productivity needs.
With not having more workers to assist in the night, their employees are faced with a potential stress and burnout which are synonymous to employee exhaustion and disillusionment. And since the firms had been able to recognize their limitations, its advisable to hire more workers.
Answer:D Expansion
Explanation:
Economics Definition of Expansion is: It is a period of economic growth as measured by a rise in real GDP.
Answer:
Annual depreciation= $16,000
Explanation:
Giving the following information:
Purchase price= $77,000
Useful life= 4 years
Salvage value= $13,000
Under the straight-line method, the depreciation expense remains constant during the life of the asset.
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (77,000 - 13,000) / 4
Annual depreciation= $16,000
The answer to this question is c
