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
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

You might be interested in
Viral marketing strategies have always been developed with the assumption that the company would communicate with potential cust
lara31 [8.8K]

Answer: False.

Explanation:

Viral marketing is a form of marketing where information about a product or brand is made to spread very quickly among a consumers within a short period of time, with the aim that the popularity of the product would increase sales. In viral marketing the company is not directly involved in communicating with their customers, but rather communication is done on their behalf.

4 0
3 years ago
With the balanced scorecard approach, the entire focus is on measuring and managing specific financial goals based on the organi
steposvetlana [31]

With the balanced scorecard approach, the entire focus is on measuring and managing specific financial goals based on the organization's strategy. is a "false" statement.

<h3>What is balanced scorecard?</h3>

The term "balanced scorecard" refers to the idea of using both conventional financial measures and strategic metrics to obtain a more "balanced" picture of success.

The balanced scorecard idea has developed beyond the straightforward application of viewpoints to become a comprehensive framework for managing strategy.

A system for strategic management and planning is the balanced scorecard (BSC). Businesses employ BSCs to:

  • Tell others what they want to achieve.
  • Align the job that everyone does on a daily basis with the plan
  • Make projects, commodities, and services a priority.
  • Track and evaluate your progress toward your strategic goals.

The ability to "connect the dots" between the various elements of strategic planning and management is one of the main advantages of using a disciplined framework.

To know  more about the balanced scorecard, here

brainly.com/question/19259487

#SPJ4

8 0
2 years ago
What strategy helps you create a well-balanced portfolio for income
Alex787 [66]

Answer:

A. Diversifying your portfolio to minimize risk while maximizing rate

of return.

Explanation:

But D could also work. I'm still going with A though because it seems like a better answer

4 0
3 years ago
The chair of the board of directors says, “There is a 50 percent chance this company will earn a profit, a 30 percent chance it
malfutka [58]

The probability that the company will not lose money next quarter using both addition and complement rules is 0.8.

<h3>Calculation of a Probability Using Addition and Complement Rules</h3>

Let:

P(E) = The probability that the company will earn a profit next quarter = 50%, or 0.50

P(B) = The probability that the company will break even next quarter = 30%, or 0.30

P(L) = The probability the company will lose money next quarter = 20%, or 0.20

P(NL) = The probability the company will not lose money next quarter = ?

Therefore, we have:

a. The probability the company will not lose money next quarter using addition rule can be calculated as follows:

P(NL) = P(E) + P(B) = 0.5 + 0.3 = 0.8

b. The probability the company will not lose money next quarter using complement rule can be calculated as follows:

P(NL) = 1 – P(L) = 1 – 0.2 = 0.8

Learn more about the complement rule here: brainly.com/question/13655344.

6 0
3 years ago
An analysis and aging of the accounts receivable of Yates Company at December 31 reveal these data:Accounts receivable $ 1,600,0
saveliy_v [14]

Answer:

d. $1,470,000

Explanation:

The computation of the cash realizable value of the accounts receivable is shown below:

= Ending balance of accounts receivable - credit balance of uncollectible amount

= $1,600,000 - $1,30,000

= $1,470,000

For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable

4 0
3 years ago
Other questions:
  • Kevin Bacon is thinking about buying an investment. The investment option that he is thinking about buying is a written pledge b
    15·1 answer
  • In 2014, Steinrotter Construction Corp. began construction work under a 3-year contract. The contract price was $1,800,000. Stei
    9·1 answer
  • Besides the elderly and retired, who can benefit from Social Security
    8·2 answers
  • Where must all laws dealing with money originate why?
    7·1 answer
  • On 12/31/13, Heaton Industries Inc. reported retained earnings of$525,000 on its balance sheet, and it reported that it had $172
    8·1 answer
  • Institute for Marine Cargo Clauses Coverage C:
    8·1 answer
  • For each of the following three scenarios, would you rather: a. Receive $100 in one month or $100 in two months (most people pre
    13·1 answer
  • Creative Sound Systems sold investments, land, and its own common stock for $37.0 million, $14.3 million, and $38.6 million, res
    15·1 answer
  • 1. Antitrust laws are designed to
    15·1 answer
  • First National Bank charges 14.1 percent compounded monthly on its business loans. First United Bank charges 14.4 percent compou
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!