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SOVA2 [1]
3 years ago
12

Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he

invested in Fund B returned a 10% profit. How much did he invest in Fund B, if both funds together returned a 8% profit?
Business
1 answer:
photoshop1234 [79]3 years ago
6 0

Answer:

Investment in fund b = $15,000

Explanation:

Let us assume  funds invested in fund b = x while the sum total of funds invested in fund a & b = Y .ie Y = $6000 + x

Fund A returned $6000 * 3/100 = $180

Fund B returned = x & 10/100 = x/10

8%y(total returns) = funds a returns + fund b returns

8%y = $180 + (x/10)

let is replace y with 6000 + x

(6000 +x) * 8% = 180 + (x/10)

480+ 8x/100 = 180 + (x/10)

480 - 180 = (x/10) - (8x/100)

300 =        (10x - 8x )/100

300 = 2x/100

300*100 = 2x

30,000 = 2x

x = 15, 000

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Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% an
Reika [66]

Answer:

20,000,000= unemployed people

Explanation:

Giving the following information:

Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people.

The unemployment rate is the number of people of working age, disposed to work and looking for a job.

Labor force rate= unemployed people/ labor force

0.05= unemployed people/ 400,000,000

400,000,000*0.05= unemployed people

20,000,000= unemployed people

7 0
3 years ago
Your company is considering two investments: buying 10% of the sharesin a publicly traded American company that owns five power
sesenic [268]

Answer:

First project

Explanation:

The 2 options/ project been considered:

1. Buying 10% of shares in a publicly traded american company that owns five power generation units in Pakistan

2. To be partner with equal share with one private company in building a new power generation unit in Pakistan

The first option/project would have a higher required return because:

<em>-  This company is already settled in the country having five power generation units in Pakistan. All these units are running and making profit.</em>

<em>-  Investment Option 2 is high riskier as we do not know the details of the new company and there are so many unforeseen circumstances surrounding establishing such project in the company. It will also take time to establish in order to start make it profitable.</em>

6 0
2 years ago
Jerry Rawls is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation
Savatey [412]

Answer: 0.785 days

Explanation:

Cash conversion cycle = Days inventory outstanding + Days sales outstanding – Days payable outstanding

Days inventory outstanding = 365/inventory turnover

= 365 / 50

= 7.3 days

Days sales outstanding = 365 / 8

= ‭45.625‬ days

Days payable outstanding = 365 / 7

= 52.14 days

Cash conversion cycle = 7.3 + 45.625 - 52.14

= 0.785 days

8 0
3 years ago
In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 650 uni
Triss [41]

Answer: Average unit cost=$5.800 per unit

Cost of Ending inventory =$3,190

Explanation:

Average unit cost

First purchase= 650 units x $4=$2,600

Second Purchase=750 units x $6 =$4,500

Third Purchase=    850 units x $7 = $5,950

Total Cost =                                     $13,050

Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit

Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190

(using the average cost method)

7 0
3 years ago
HELP ME PLSSS SOMEONE HELPP ILL GIVE BRAINLIEST
SIZIF [17.4K]

Answer:

$7,875

Explanation:

Total car sales in January: $112,500

Commission at the  rate of 7%,

Salary for January is :

7 percent of $112,500

=7/100 x $112,500

=0.07 x $112,500

=$7,875

3 0
3 years ago
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