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3 years ago

Brenda invested 11,000 into a fund that is expected to grow by 4.75% per year how long will it take the fund to b worth 22000

Business

2 answers:

Zolol [24]3 years ago

5 0

Answer:

15.16 years (about 1 year and 3 months)

Explanation:

The "Rule of 72" is a way to estimate how long it will take an investment to double (in this case from $11,000 to $22,000). To calculate, simply divide 72 by the fixed interest rate to find number of years:

72/4.75 = 15.16 years (rounded)

guapka [62]3 years ago

4 0

The answer to your question is (about 15 year)

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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at

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Answer:

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

Explanation:

Provided there are various activities as follows

Activity Cost Speed Boats Bass boats Total activity

Fabrications $522,000 7,250 dlh 21,750 dlh 29,000 dlh

Assembly $182,000 19,500 dlh 6,500 dlh 26,000 dlh

Setup $195,750 52 setups 383 setups 435 setups

Inspection $166,750 91 inspections 634 inspections 725 inspt.

a. Activity rates for each activity

Fabrications = $522,000/29,000 dlh = $18/dlh

Assembly = $182,000/26,000 dlh = $7/dlh

Setup = $195,750/435 setups = $450/setup

Inspection = $166,750/725 inspections = $230/inspection

b. Activity-based factory overhead per unit for each product

Activity Speed Boats Bass boats

Fabrications 7,250 x $18 = $130,500 21,750 X $ 18 = $391,500

Assembly 19,500 X $7 = $136,500 6,500 X $7 = $45,500

Setup 52 X $450 = $23,400 383 X $450 = $172,350

Inspection 91 X $230 = $20,930 634 X $230 = $145,820

Total of both = $311,330 = $755,170

Total units are 2,500 of each product

Cost p.u. = $311,330/2,500 =$124.532 = $755,170/2,500 =$302.068

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

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The speculative element of this carry trade is that its success is based upon the belief that there will be no adverse movement in exchange rates or interest rates.

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A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr

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Which of the following is least important as a consideration for a firm at the beginning of a supply chain? access to end consum

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Answer:

access to end consumers

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The goal is to turn the raw material into the finished products by going through the process work cycle so that the product is ready to be sold and shipped to the consumer with prescribed time and exact location.

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