Answer:
16.59%
Explanation:
First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage
Future Value = Present Value x (1 +i)∧n
where i = the annual rate of return
n= number of years or period
We then plug the given figures into the equation as follows
we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15
Therefore, the implied annual return or yield on the investment is
100,000 = 10,000 x (1+i)∧15
(1+i)∧15 = 100,000/10,000 = 10
1 + i = (10∧(1/15))=1.165914
i= 1.165914-1
= 0.1659
= 16.59%
Answer:
Option (c) is correct.
Explanation:
Given that,
Labor costs = $175,000
Production order = $150,000
General factory use = $25,000
Factory overhead applied to production = $23,000
Therefore, the journal entry is as follows:
Work in process A/c Dr. $23,000
To Factory overhead $23,000
(To record the factory overhead applied to production)
Answer:
$33,630
Explanation:
Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,
Cash collections in January from December credit sales would be
= 57% * 59,000
= $33,630
Personal selling is the face-to-face presentation and promotion of products and services.
<h3>What is personal selling?</h3>
Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.
<h3>What do you mean by sales technique?</h3>
A sales technique is a strategy of selling used by a company's sales team or a salesperson to close more deals and make more money. It's a tactic to improve a company's sales procedure. A sales methodology is adaptable and open to change once its efficacy has been tested through trials.
To know more about salesperson, visit:
brainly.com/question/951074
#SPJ4
Answer:
they provide incentives for firms to develop technologies that are less polluting.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.
This ultimately implies that, it can be described as a program that allows new firms to pay existing firms to reduce their emissions below a standard.
Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
Hence, an advantage of tradable emissions permits is that they provide incentives for firms to develop technologies that are less polluting because it would reduce the amount they would have to pay for pollution.
