A. Define the term cliché of this sentence

Paul invested $10,000 in a security that will double in value in ten years. Approximately what annual rate of return is this inv

Setler79 [48]

The right answer for the question that is being asked and shown above is that: "5.8 percent." Paul invested $10,000 in a security that will double in value in ten years. Approximately the annual rate of return is this investment making is 5.8 percent

4 0

4 years ago

In order to undertake problem solving, the first step must be:________.

Mumz [18]

It’s definitely not A in my opinion, i believe it is b

6 0

3 years ago

Warwick's co., a women's clothing store, purchased $75,000 of merchandise from a sup- plier on account, terms fob destination, 2

Nostrana [21]

This question has a three part answer, with each part broken out below:

A. To record the purchase there is a debit to Purchases and a credit to Accounts Payable, each for $75,000.

B. To record the return there is a debit to Accounts Payable and a credit to Purchases Returns and Allowances, each for $9,000.

C. The amount of the payment is $75,000 - 9,000, which is $64,000. They are paying during the discount period, so will only be paying 98% of this amount, which is $62,720.

The entry is a debit to Accounts Payable for $64,000, a debit to Purchases Discounts for $1,280, and a credit to Cash for $62,720.

3 0

3 years ago

In 1895, the first u.s. open golf championship was held. the winner's prize money was $150. in 2010, the winner's check was $1,3

Westkost [7]

We will examine the annual growth rate of the following question.

Formula for calculating the annual growth rate is Growth Percentage Over One year =[ (F÷S) ¹/y - 1] ₓ 100

where F= final value

S= start value

y= Number of years.

(1,350000÷150) y= 2010-1895=115

∴ [(1,350,000÷150) ¹/₁₁₅ - 1] × 100

= (9000¹/₁₁₅ - 1) ₓ 100

= (1.082393 - 1) ₓ 100

= 8.24%

Over the course of 115 years the winners prize money grew from $150.00 to $1,350,000.00, its annual growth rate = 8.24%

Please Note, raising a value a to the ¹/b exponent is equivalent to taking the bth root of a. You will likely need a calculator with an " $\sqrt[n]{x}$ " button, or a good online calculator.

Couldn't find the basic symbols, had to improvise.

8 0

4 years ago

The CFO of Ward Enterprises is setting up a new activity-based costing system. He has currently finished identifying activities

horrorfan [7]

Answer:

a. Identify a cost driver associated with each activity.

Explanation:

While setting up the new activity based costing system he presently completed the identification of the activities and the cost of overhead is associated with each kind of activity

Now the next step in the activity based costing is to have a identification of the cost driver that associated with each kind of activity

Here cost driver means number of machine hours, number of machine setups, etc

Therefore the first option is correct

6 0

3 years ago