Answer:
5.84%
Explanation:
We use the RATE function that is shown in the excel. Kindly find the attachment below:
The NPER shows the time period.
Given that,
Present value = $45
Future value or Face value = $47
PMT = $2
NPER = 3
The formula is shown below:
= Rate(NPER,PMT,-PV,FV,type)
So, the annual compound rate of return is 5.84%
Answer: Comparability
Explanation:
Comparability describes information that is measured and reported in a similar manner for different companies. It helps users understand the real similarities and differences in economic activities between companies.
Answer:
increase in the price of raw materials
Explanation:
Stagflation is a period of both persistent high inflation and decline in gross domestic product of an economy.
Inflation occurs when general price level rises.
Stagnation is caused by a fall in production of goods and services in the economy. An increase in the price of raw materials can discourage production.
I hope my answer helps you
You get tax returns and sometimes the taxes go down
Answer:
50,494 units
Explanation:
The sales that must be achieved in order to realize a pretax profit of $167,400 is the total fixed costs plus target pretax profit all divided by contribution per unit
Total fixed costs=fixed factory overhead+fixed marketing costs=$109,500+$111,900=$221,400.00
Contribution per unit= sales price per unit-variable cost per unit
sales price per unit=$968,000/44000=$22
variable cost per unit=($183,500+$241,900+$151,900+$51900)/44,000=$14.30 Contribution per unit=$22-$14.30
=$7.70
target sales units=($221,400+$167,400)/$7.70= 50,494 units
