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tatiyna
3 years ago
9

Question 8

Business
1 answer:
Westkost [7]3 years ago
8 0

Answer:

It must be invested at 19% per year.

Explanation:

Given that Tanner is entering high school and needs to save as much money as he can for college, to determine what rate of return must Tanner earn for his investment of $ 5,000 to double in 4 years, the following calculation must be performed:

72 / X = 4

72/4 = X

18 = X

Thus, approximately, it must be invested at 18% per year. But it must be checked by the following calculation:

5000 x 1.18 ^ 4 = 9,693.88

5000 x 1.19 ^ 4 = 10,026.69

Thus, it must be invested at 19% per year.

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Buxmont Manufacturing reported the following year-end balances: Beginning work in process inventory, $40,000; beginning finished
Sever21 [200]

Answer: <em>Cost of Goods Manufactured = $ 660,000</em>

Explanation:

Direct Material Used                                                $ 240,000

Direct labor                                                               $ 250,000

Manufacturing overheads applied                          $ 150,000

Total manufacturing Cost                                        $ 640,000

Add: Work in process                                            $ 40,000

Total Manufacturing cost                                         $ 680,000

Less: Work in process                                            $ 20,000

Cost of Goods Manufactured                                  $ 660,000

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The goal of study skills and strategy instruction is to
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Calcular el valor futuro de $2,500 que se ahorran al final de cada mes por un periodo de 4 años con una tasa de interés del 9% a
amm1812

Answer:

VF= $143.801,78

Explanation:

Dada la siguiente información:

Deposito mensual (A)= $2.500

Cantidad de periodos (n)= 4*12= 48 meses

Interes mensual (i)= 0,09/12= 0,0075

<u>Para calcular el valor futuro (VF), debemos usar la siguiente formula:</u>

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strengths:

1. He or she enjoys all the profit

2. easy to start up

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4.he or she can vary the hours of work

weakness:

1.there is lack of finance

2. lack of specialised staff

3.the owner bears all the risk

4.there is unlimited liability

who might start a sole proprietor business

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