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meriva
3 years ago
7

how many years will be required for a given sum of money to triple, if it is deposited in a bank account that pays 6% per year c

ompound annualy
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

19 years

Explanation:

the 19th year your money will triple and be worth 3.0256 times the original sum.

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Which jobs would be included in the Marketing, Sales, and Service career cluster?
Alinara [238K]

Answer:

Survey Researcher

Public Relations Specialist

Telemarketer

Purchasing Manager

Explanation:

I just got this answer correct on my online exam.

7 0
2 years ago
XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
Verizon [17]

Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8

g- growth rate - 10%

r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

                    = $40

6 0
3 years ago
High school definition of human resource management
telo118 [61]
The person in charge of staffing, employee payments/ benefits, and defining/ designing work<span />
7 0
3 years ago
A total of 1000 units of a certain product must be completed by the end of the current week. It is now late Monday afternoon, so
Arturiano [62]

Answer:

7 workers will be required

Explanation:

We will define actual time required to do a job

= Standard time required for producing each unit x Worker efficiency (%)/100

= 11.65 x 115/100

= 13.3975 minutes

Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes

Therefore ,

Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975

Number of units to be produced = 1000 units

Therefore,

Number of workers required

= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days

= 1000 x ( 13.3975 /1920)

= 6.977 ( 7 rounded to nearest whole number )

8 0
2 years ago
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,200 units)
Semmy [17]

Answer:

Option A,$257,732 is correct

Explanation:

The computation of income from operations requires that the operating expenses(variable operating expenses and fixed operating expenses) be deducted in the current period as against charging a portion to closing inventory as it is obtainable under the absorption costing method:

Direct materials                                            $180,100

Direct labor                                                   $238,100

Variable factory overhead                            $261,800

Total prime costs                                              $680,000  

Less closing stock(1900*$680,000/18200)    ($70,989)  

Costs of good sold                                            $609,011  

add:operating expenses:

variable operating expenses                            $126,500

Fixed operating expenses                                 $49,900

Fixed factory overhead                                       $97,900

Total expenses                                                     $883,311  

income from operations=sales-total expenses

                                        =$1,141,000-$883,311=$257,689

The $257,689 is closest to option A,$257,732 the difference could be due to rounding error  

           

4 0
2 years ago
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