1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex
3 years ago
9

An investor has researched financial information for Fried Chicken Corporation over the past three years. He has provided you a

report with the returns for the company. YEAR RETURN 2016 4.62% 2017 6.73% 2018 14.13% The investor put $996.00 into Fried Chicken at the beginning of 2016. Based on the investment in Fried Chicken Corporation at the beginning of 2016, what would your investment be worth now
Business
1 answer:
DerKrebs [107]3 years ago
5 0

Answer:

Value of investment today = 1269.2886 rounded off to 1269.29

Explanation:

The value of investment today ccan be calculated by multiplying the investment by the returns received over the periods. We can calculate the value of investment as follows,

Value of investment today = Initial Investment  *  (1 + return in first year)  *  

(1 + return in second year)  *  (1 + return in third year)

Value of investment today =  996  *  (1+4.62%)  *  (1+6.73%)  *  (1+14.13%)

Value of investment today = 1269.2886 rounded off to 1269.29

You might be interested in
Which of the following is true of business locations?
Mazyrski [523]

Answer:

B. Target market customers are essential factors for selecting business locations.

3 0
3 years ago
Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its finished product. A supp
sergiy2304 [10]

Answer:

Manson Industries

The total cost savings that Manson will realize by buying the assembly part instead of making it is:

($14,700), showing that more costs will be incurred.

Explanation:

a) Data and Calculations:

                                   Make       Buy

Variable cost per unit   $5            $6

Fixed cost per unit          2              2

Total cost per unit        $7            $8

Total units required 14,700       14,700

Total costs           $102,900   $117,600

Cost saving = ($14,700)

b) Based on the above calculations, it benefits Manson more to produce the part internally than to buy from an outside supplier.  There is a cost difference of $1 because the fixed costs will still be incurred whatever decision is taken.

4 0
3 years ago
What are THREE purposes of monetary policy? A to eliminate competition B. to promote price stability c. to eliminate unemploymen
Oksanka [162]

Answer:

c. to eliminate unemployment,B. to promote price stability and F. to control federal spending

Explanation:

8 0
3 years ago
Acoma Co. has identified one of its cost pools to be quality control and has assigned $140,400 to that pool. Number of inspectio
katrin2010 [14]

Answer:

Acoma Co.

                                                    Product 1     Product 2

Quality control cost assigned     $58,968        $81,432

Explanation:

a) Data and Calculations:

Cost of quality control = $140,400

Number of annual inspections = 30,000

Cost per inspection = $4.68 ($140,400/30,000)

                                                    Product 1     Product 2     Total

Number of inspections                 12,600          17,400     30,000

Proportion of inspections               42%               58%         100%

Quality control cost assigned   $58,968        $81,432   $140,400

                                   ($4.68 * 12,600)        ($4.68 * 17,400)

                                  (42% * $140,400)       (52% * $140,400)

5 0
3 years ago
Old Man Smith died owning a property with an estimated value of $500,000. He never married and died without leaving a will. Smit
vazorg [7]

Answer:

The property would be given to the next available direct relation of his who happens to be his sister. This is because, most property are shared among siblings. Since Smith's sister is one of his sibling, she is entitled to receive the property.

Explanation:

7 0
3 years ago
Other questions:
  • Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. The beginning
    10·1 answer
  • The answer is actually D. All of the above.
    10·1 answer
  • how would you predict the survivorship curve of a developed country would compare to that of a developing country
    6·1 answer
  • Countries that require substantial loans from the International Monetary Fund to survive will ________ due to IMF-mandated econo
    12·1 answer
  • Rebecca is a c-average student who decides to take a speed-reading course. after she finishes the course, she will probably:
    6·1 answer
  • Which of the following statements is FALSE about opportunity​ cost? A. Opportunity cost exists only for goods with monetary valu
    7·1 answer
  • How is your hat a representation of your leadership skills? (Take your time)
    11·1 answer
  • f the demand for houses increases, the wage of Wage carpenters will ____ and the quantity will ____. Assume bricks and wood are
    8·1 answer
  • Payment History and Total Debt, together, comprise 65% of your score. Why do you think it's so high?
    5·1 answer
  • What is meant by goal maximization of the shareholders' wealth?​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!