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
Naddik [55]
3 years ago
14

Nicholas initially invested $2,400 in a technology company. The company recently paid annual dividends of $22 and his year-end i

nvestment value was $2,000. What was the rate of return on his investment?
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

- 15.75%

Explanation:

The computation of the rate of return on his investment is shown below:

= (Year end investment value - investment value + annual dividend) ÷ (Investment value)

= ($2,000 - $2,400 + $22) ÷ ($2,400)

= -$378 ÷ 2,400

= - 15.75%

Simply we divided the difference of investment and added the annual dividend and then divided it by the investment value

You might be interested in
Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to enter markets that differ g
vichka [17]

Answer: (B) The firm is using a regional approach to international expansion

Explanation:

  The Skaredykat Inc., is one of the firm which is using a regional approach or strategy for the international expansion purpose beyond its actual home market.

A regional approach is one of the type of business strategy that helps in boost the performance of an organization and it is typically used in the global initiatives.

According to the given question, The firm is using the regional approach for the purpose of international expansion that also include its home country and by using the proper business planning and also strategies we can easily expanding the business into international level.    

 Therefore, Option (B) is correct answer.  

7 0
3 years ago
Cullumber Company has the following transactions during August of the current year. Aug. 1 Opens an office as a financial adviso
Flauer [41]

Answer:

  • Aug 1  Cash   $4000 Dr

                          Common Stock    $4000 C

  • Aug 4  Prepaid Insurance  $1500 Dr

                           Cash                           $1500 Cr

  • Aug 16  Cash   $400 Dr

                            Service Revenue    $400 Cr

  • Aug 27  Salary Expense   $1000 Dr

                            Cash                       $1000 Cr  

Explanation:

  • Aug 1.  The transaction relates to owner's investment in the business/company thus we debit the cash coming into the business and credit common stock as both are increasing.

  • Aug 4.  The insurance paid in advance is a current asset for the business. So, we debit the prepaid insurance account as the asset is increasing and credit the cash account as it is decreasing due to payment for insurance.

  • Aug 16.  400 received is the service revenue and as the revenue is increasing, we credit it. We are receiving cash so we debit the cash account.

  • Aug 27.  The payment of salary is an expense and as expense is increasing, we debit the salary expense account and credit the cash account as cash is decreasing.

3 0
3 years ago
What kind of consumer is a human in the food chain??
djyliett [7]
Predator, because thats pretty much all we do.
7 0
3 years ago
In his book The Optimum Quantity of Money​, Milton Friedman talks about a helicopter dropping​ $2,000 over a community. The cash
Pepsi [2]

Answer:

A) Somewhat​ effective, but only to the extent that most of the tax cut is concurrently spent on domestic​ output, that multiplier effects​ occur, and crowding out is small.

Explanation:

First of all, the larger amount of money would increase the inflation rate since aggregate supply hasn't increased. The number of goods and services offered do not vary, then only thing that varies is the amount of disposable money.

The larger the multiplier, the larger the positive effect. The multiplier formula = 1 / MPS (marginal propensity to save). Even though inflation increases, still the economy is going to grow. That unless the local residents decide to purchase many imported goods. The larger the amount of imported goods purchased, the lower the positive effects.

This type of policy can be very effective under conditions where deflation or inflation rates are near 0 or even negative. Although high inflation is very bad for the economy, a small amount of inflation is always needed to boost economic growth. The healthy inflation is around 1.5 - 2% per year. This way salaries and wages can grow, pushing aggregate demand and supply.

5 0
3 years ago
Harrison Enterprises currently produces 8,000 units of part B13. Current unit costs for part B13 are as follows: Direct material
Yakvenalex [24]

Answer:

It is cheaper to make the part in house.

Explanation:

Giving the following information:

Harrison Enterprises currently produces 8,000 units of part B13.

Current unit costs for part B13 are as follows:

Direct materials $12

Direct labor 9

Factory rent 7

Administrative costs 10

General factory overhead (allocated) 7

Total $45

If Harrison decides to buy part B13, 50% of the administrative costs would be avoided.

To calculate whether it is better to make the par in-house or buy, we need to determine which costs are unavoidable.

Unavoidable costs:

Factory rent= 7

Administrative costs= 5

General factory overhead= 7

Total= 17

Now, we can calculate the unitary cost of making the product in-house:

Unitary cost= direct material + direct labor + avoidable administrative costs

Unitary cost= 7 + 5 + 5= $17

It is cheaper to make the part in house.

3 0
3 years ago
Other questions:
  • The most recent income statement for the Chicago Branch of Illinois State Bank is presented below: Sales $65,000 Variable costs
    14·1 answer
  • Zippy had cash inflows from operations $60,500; cash outflows from investing activities of $47,000; and cash inflows from financ
    8·1 answer
  • Is when manufacturers direct their promotional efforts toward channel partners to convince them to order and stock products?
    11·1 answer
  • As You Like It Inc. customizes its offers to each individual consumer. This practice of tailoring products and marketing program
    5·1 answer
  • A(n) ________ allows a customer to design a personalized product via the Internet and helps the company become more knowledgeabl
    14·1 answer
  • Asking potential dating partners for a date is most likely to be reinforced on a ________ schedule. variable-interval variable-r
    9·1 answer
  • Why it’s difficult to find job?
    13·1 answer
  • Using the FIFO method, the cost of inventory at the end is $15,500, and the market price is $14,500. Using the lower-of-cost-or-
    9·1 answer
  • Consider a bond with a face value of $100 and a time to maturity of one year. If the current market price of the bond is $96, wh
    5·1 answer
  • Hanson Inc. has the following variable manufacturing overhead standard to manufacture one Zippy:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!