Answer:
The answer is 16 years.
Explanation:
The formula for calculating the value of an investment that is compounded annually is given by:

Where:
is the number of years the investment is compounded,
is the annual interest rate,
is the principal investment.
We know the following:

And we want to clear the value <em>n</em> from the equation.
The problem can be resolved as follows.
<u>First step:</u> divide each member of the equation by
:


<u>Second step:</u> apply logarithms to both members of the equation:

<u>Third step:</u> apply the logarithmic property
in the second member of the equation:

Fourth step: divide both members of the equation by 


We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.
Answer:
OPTION D: Direct Labor and Direct Material
Explanation:
Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS
.
Prime Cost = Direct Material Cost + Direct Labor Cost
Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.
Answer:
The percentaje increase in sales is 10%
Explanation:
To calculate the percentage increase in sales from 2013 to 2014 yo need to calculate the differential in sales from year to year using 2013 as a base.
You need to use the following formula:
Sales differential: [(year1-year0)/year0]*100
In this exercise:
Sales differential= [(770-700)/700]*100=10%
2014 sales increased by 10% compared to 2013 sales.
Answer:
[D] All of the above.
Explanation:
Front running is the process by which a party to a share purchase has initial knowledge of the future market value of shares that are yet to be issued and makes a proprietary buy order for stock ahead of the client's order.
Normally this can be as a result of insider information which is prohibited, but the options above all allow this practice.
-If the firm can demonstrate that the trade is unrelated to the customer's block order
-If the trade was made to fill or facilitate the customer's block order
-If the trade is executed on a national stock exchange and in compliance with its rules