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ValentinkaMS [17]
3 years ago
15

"suppose that you invest $1,000.00 in stock, which is called your financial asset. one year later, your investment yields $1245.

00. what is the rate of return of your investment?"
Business
1 answer:
Radda [10]3 years ago
6 0
Hey there, Jessebear644!

Your return is $245 since you initially invested $1000 and got those $1000 back plus $245
Also, the rate shall be equal to +124.5% per year or 1.245 in decimal.
"How did you find that percentage?"
You just divide the new price, or new value, by the old price, or old value.
So, $1245 / $1000 = 1.245
We multiply that decimal by 100 to find the percentage.
I hope this helps.

Thank you for using Brainly.
See you soon!
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The parents of a child diagnosed with Tay-Sachs inquire about progression of the disorder. Which statement by the nurse is accur
Anit [1.1K]

Answer:

The correct answer is <em>The child will experince decreased muscular and neurologic functioning until death occurs</em>.

Explanation:

Tay-Sachs disease is a rare degenerative disease that affects the brain and central nervous system and is hereditary, autosomal recessive (more common in descendants of Hebrews).

It is one of the diseases by lysosomal deposition. Individuals who suffer from it are unable to produce a lysosomal enzyme called hexosaminidase-A that participates in the degradation of gangliosides, a type of sphingolipid, that accumulate and degenerate to the central nervous system. It is included within lipidosis or lipid storage diseases.

5 0
2 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible A
Lunna [17]

Answer:

$870

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Allowance for uncollectible accounts at 5%

= 5% * $302,000

= $1,510

Since the Allowance for Uncollectible Accounts was $640 (credit) before any adjustments, the bad debt expense for the year

= $1,510 - $640

= $870

8 0
3 years ago
Data-driven decision management is usually undertaken as a way to gain a competitive advantage. A study from the MIT Center for
Ganezh [65]

Answer:

  • 4%
  • 6%

Explanation:

Professors Andrew McAfee and Erik Brynjolfsson of the MIT Sloan School of Management performed a study that proved that corporations that used data driven decision management had a higher productivity (+4%) and higher profits (+6%). This study was made by the two professors and the MIT Center for Digital Business.

They were very clear in specifying that the success of data driven management is based upon the quality of the data gathered and the effectiveness of its interpretation. Not all data gathered is useful for every corporation, so it must be properly analyzed and interpreted.

5 0
3 years ago
During the month, merchandise is sold for $23,500 cash and for $34,000 on account. the cost of merchandise sold is $41,500. what
AURORKA [14]
In getting the gross profit, you need to add all the assets and less the expenses. See below:

Asset - Expenses = Profit

Below are the assets:
$ 23,000 cash on hand 
$ 34,000 cash on bank

Therefore the total asset is $ 57,500

While the expense is $41,500

Solution:  $57,500 - 41, 500 = $16,000



I hope it helps 
4 0
3 years ago
Maren received 12 NQOs (each option gives her the right to purchase 13 shares of stock for $10 per share) at the time she starte
Marat540 [252]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
3 years ago
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