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Olenka [21]
3 years ago
7

A small construction company has $110,000 set aside in a capital improvement fund to purchase new equipment. If $18,000 is inves

ted at 26%, $22,000 at 15%, and the remaining $70,000 at 22% per year, what is the overall rate of return on the entire $110,000
Business
1 answer:
romanna [79]3 years ago
8 0

Answer:

21.26%

Explanation:

Overall rate of return = Total amount of dollar returns / Total investment

Overall rate of return =  [($18,000 * 26%) + ($22,000 * 15%) + ($70,000 * 22%)] / $110,000

Overall rate of return = ($4680 + $3300 + $15400) / $110,000

Overall rate of return = $23,380 / $110,000

Overall rate of return = 0.21255

Overall rate of return = 21.26%

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Quirch Inc. manufactures machine parts for aircraft engines. The CEO, Chucky Valters, was considering an offer from a subcontrac
Brilliant_brown [7]

Answer:

Supplier's quotation (2,400 x $6.25)                     150,000

Less: Relevant cost of production:

Direct material (2,400 x $31)                 74,400

Direct labour (2,400 x $18)                    43,200

Variable overhead (2,400 x $9)             <u>21,600</u>       <u>139,200</u>

Savings                                                                       <u> 10,800</u>

The parts should be produced in-house since the relevant cost of production is lower than supplier's quotation.

 Explanation:

In this case, we need to compare supplier's quotation to the relevant cost of production. The price of $6.25 above was computed by dividing the total price charged by the supplier by the number of parts. Moreso, the relevant cost of production is obtained by the aggregate of direct material, direct labour and variable overhead.

8 0
3 years ago
Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
Rus_ich [418]

Answer:

Investment period = 24 years

Explanation:

The total amount that an investment made today would become  if invested at a particular rate for certain number of years is known as the future value.

The $1,200,000 is the desired future value, the $296, 375 is the present value and the 6% is the interest rate.

FV = PV × (1+r)^n

1,200,000 = 296,375 × (1.06)^(n)

(1.06)^(n) = 1200000/96,375

(1.06)^(n) =4.048924504

find the log of both sides

n log 1.06= log 4.048924504

n= log 4.048924504/log 1.06

n = 24

It will take 24 years

3 0
3 years ago
in team-based environments, the principal may have difficulty determining individual contributions by members. this can create a
just olya [345]

In team-based environments, the principal may have difficulty determining individual contributions by members. This can create a situation in which an opportunistic employee does little work but takes credit and this is known as adverse selection.

<h3>What is Adverse selection?</h3>
  • In general, the term "adverse selection" refers to a situation in which sellers have knowledge about a certain feature of product quality but purchasers do not, or vice versa. In other words, it is an instance of the use of asymmetric information.
  • When one side to a transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as information failure.
  • Usually, the vendor is the one who has more knowledge. When both parties are knowledgeable, it is said that there is symmetric information.

To learn more about business site, refer:

brainly.com/question/28085653

#SPJ4

7 0
1 year ago
Lawrence Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an accoun
andre [41]

Answer:

$22,000

Explanation:

It is worth noting that for accounting purposes, restricted cash is one that is not readily available. Such inaccessible funds, therefore, cannot be reported in financial statements. A bank overdraft, on the other hand, is a liability. Lawrence should therefore report cash worth $ 22,000 only.

3 0
3 years ago
How is marketing a service different than for a product?
satela [25.4K]
The marketing of services differs from product marketing because of the four fundamental differences involved in services: services are intangible, inseparable, heterogeneous, and perishable
4 0
3 years ago
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