Answer:
C. 10%
Explanation:
The correct answer to the given question is : C 10%.
Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.
The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.
Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.
The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.
Answer:
Option (c) $7,672
Explanation:
Data provided in the question:
Investment amount i.e principle = $9,875
Interest rate,r = 4.8%
Time, t = 12 years
Now,
Future value = Principle ×
n = number of times compounded per year
Future value =
Future value =
Future value =
Future value = $17,546.55
Also,
Future value = Principle + Interest
Therefore,
$17,546.55 = $9,875 + Interest
or
Interest = $17,546.55 - $9,875
= 7671.55 ≈ $7,672
Hence,
Option (c) $7,672
Answer:
Carly's amount realized on the sale was $580
Explanation:
Price purchased $3,000
Selling price $7,000
Broker's fees $420
Clear brushes $1,000
Maintained per year $200, in ten years 2000
Amount realized=Selling price-Price purchased-Broker's fees-Clear brushes-Maintained =
Amount realized=$7,000-$3,000-$420-$1,000-$2000=$580
Amount realized=$580
Answer:
Total direct labor variance= $960 favorable
Explanation:
Giving the following information:
We will separate the direct labor cost variance in rate and quantity variance. <u>To calculate the direct labor rate and quantity variance, we need to use the following formulas:</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (30*6 - 130)*14
Direct labor time (efficiency) variance= $700 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (14 - 12)*130
Direct labor rate variance= $260 favorable
Actual rate= 1,560/130= $12
Total direct labor variance= 700 + 260
Total direct labor variance= $960 favorable
