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OlgaM077 [116]
3 years ago
13

The S&P 500 index delivered a return of 20%, -10%, 20%, and 5% over four successive years.

Business
1 answer:
sladkih [1.3K]3 years ago
4 0

Answer:

C) 8.75%

Explanation:

Number of periods = 4 years

Given return rates = 20%, -10%, 20%, and 5%

To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.

AAR = \frac{20-10+ 20+ 5}{4} \\AAR=8.75\%

Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.

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A programmer, a web designer, and a data analyst.

Explanation:

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2 years ago
Pottery Crane Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of ca
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Answer: See explanation

Explanation:

a. Direct material = 4 × 33300 = Make $133200 ; Net income increase

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Make: $444365

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Net income decrease = $36963

b. No, Pottery Ranch should not buy the finials. There's an incremental cost of $36963.

c. Incremental revenue = $50,367

Incremental cost = $36963

Incremental revenue = $50367 - $36963 = $13404

In this case, it should be bought.

5 0
3 years ago
Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat
nalin [4]

Answer:

Estimated manufacturing overhead rate= $40 per direct labor hour

Explanation:

Giving the following information:

This period's estimated overhead cost is $100,000 and an estimated direct labor cost of $50,000 and 2,500 direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 100,000/2,500= $40 per direct labor hour

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2 years ago
U.S. publisher Robert de Graff copied the success of similar books in England when he founded ________ in 1939. This company pro
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Answer:

Pocket books

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Pocketbooks were founded in 1939 and revolutionised the whole publishing industry. The idea was to produce easy to carry books with inexpensive paperback reissues. The idea became an instant success and per book cost was almost 25cent. Following the success of US publisher Robert de Graff many other publishing companies across England started to manufacture pocketbooks.

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3 years ago
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