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IceJOKER [234]
3 years ago
12

An engineering student decides to invest $4,000 into a few aggressive stocks. Three years later the student sells the stocks for

$8,000. What is the annual rate of return for this investment?
a 26%
b. 52%
c. 14%
d. 25%
Business
1 answer:
const2013 [10]3 years ago
4 0

Answer:

a 26%

Explanation:

The computation of the annual rate of return on this investment is as follows:

Let us assume n be no of years

Now

The Annual rate of return is

= (Ending value ÷  beginning value)^1 ÷ n - 1  

= ($8,000 ÷ $4000)^1 ÷ 3 - 1

= 0.2599

= 25.99 %

= 26%

hence, the annual rate of return is 26%

Therefore the correct option is a.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Daggie's Sandwiches, Inc., sells the rights to use its name and sell its sandwiches in a given market area to aspiring businessp
Art [367]

Answer:

B. is a franchisor.

Explanation:

A franchisor is a business that sells the right to use its name and sell its product to another business.

A franchisee is the business that buys the right from the franchisor.

A limited partnership is a form of partnership where one or more of the partners have a limited liability.

A subsidiary company is a company owned by the parent company.

I hope my answer helps you.

6 0
3 years ago
The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
Andrews [41]

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

4 0
3 years ago
g on april 12, hong company agrees to accept a 60-day, 10%, $4,700 note from indigo company to extend the due date on an overdue
tamaranim1 [39]

Debit Accounts Payable $4,500; credit Notes Payable $4,500.

<em>In this case, accounts </em><em>payable </em><em>which have credit will be replaced by Notes payable. Hence accounts payable will be debited and notes payable will be </em><em>credited</em><em>.</em>

<em />

<em />

A transaction is a finished settlement between a buyer and a seller to change items, offerings, or economic belongings in go back for cash. The term is also generally used in corporate accounting. In commercial enterprise bookkeeping, this undeniable definition can get difficult.

<em />

Primarily based on the alternative of cash, there are three sorts of accounting transactions, particularly coin transactions, non-cash transactions, and credit score transactions.

<em />

Transaction process is a time period that refers to the adding, converting, deleting, or searching up of a record in an information record or database via coming into the information at a terminal or computer

<em />

<em />

Learn more about transactions here:-brainly.com/question/1016861

#SPJ4

4 0
1 year ago
A department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour. If a flexible budget re
BigorU [14]

Answer:

b) 168,000 direct labor hours

Explanation:

The computation of the actual level of activity achieved is shown below:

= (Total budgeted manufacturing cost - budgeted monthly manufacturing overhead cost) ÷ (Rate per direct labor hour)

= ($1,044,000 - $540,000) ÷ ($3)

= $504,000 ÷ $3

= 168,000 direct labor hours

Simply we deduct the budgeted monthly manufacturing overhead cost  from the total budgeted manufacturing cost and then divide it by the rate per direct labor hour so that the accurate direct labor hours could be computed

4 0
4 years ago
Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 2,483 Direct lab
Bogdan [553]

Answer:

$6666

Explanation:

Given:

Direct materials  = $ 2,483

Direct labor-hours = 77 hours

Direct labor wage rate =  $ 19 per labor-hour

Machine-hours = 136 hours

The predetermined overhead rate = $20 per machine-hour.

Solution:

To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost

Direct labor cost = Direct labor-hours \times Direct labor wage rate

Direct labor cost = 77\times19 = \$1463

Machine using cost = Machine-hours used \times predetermined overhead rate

Machine using cost = 136\times20=\$2720

Total cost = $ 2,483 + $1463 + $2720 = $6666

Therefore,  The total cost that would be recorded on the job cost sheet for Job 910 would be $6666

6 0
3 years ago
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