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
Volgvan
3 years ago
11

22. At the end of each year for the next 18 years, you receive cash flows of $3700. The initial investment is $25,200 today. Wha

t rate of return are you expecting from this investment? Answer as a whole percentage 13.07%
Business
1 answer:
IrinaK [193]3 years ago
6 0

Answer:

29.37%

Explanation:

Rate of return = Average annual income/Average initial investment

Average annual income = $3,700

Average initial investment = (I+s)/2

Average initial investment = (25,200+0)/2

Average initial investment = $12,600

Rate of return = $3,700/$12,600

Rate of return = 0.2936508

Rate of return = 29.37%

You might be interested in
The assets (what a business owns), liabilities (what a business owes), and capital (how much a
Sati [7]

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

8 0
3 years ago
Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly tot
mixer [17]

Answer:

$240

Explanation:

Darren runs Barber shop

His fixed costs daily is $40

The toal output per day is 10 haircuts

He is open 6 days in the week

Therefore weekly total fixed costs can be calculated as follows

= 40×6

= 240

Hence the weekly fixed cost is $240

7 0
3 years ago
An owner of a corporation is known as a ___________ Group of answer choices limited partner general partner director stockholder
inessss [21]

Answer:

Stockholder.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

Hence, an owner of a corporation is known as a stockholder.

5 0
3 years ago
One of the consequences of the U.S. trade deficit is that Multiple Choice domestic inflation has resulted. the accumulation of A
balandron [24]

Answer: the accumulation of American dollars in foreign hands has enabled foreign firms to build factories in America.

Explanation:

Trade deficit is a situation whereby the expenses incurred is more than the revenue gotten.

One of the consequences of the U.S. trade deficit is that the accumulation of American dollars in foreign hands has enabled foreign firms to build factories in America.

7 0
3 years ago
Jenny, an employee of toucan company, used company assets for her own personal gain. this is an example of
Anna [14]
This is an example of FRAUD. Fraud is defined as any wrongful or criminal deception which is aimed at obtaining personal gains, which can be financial or otherwise. There are different types of fraud, they include: fraudulent financial statement, bribery and corruption, misappropriation of assets, embezzlement of company's funds, etc. All frauds are illegal. 
8 0
3 years ago
Other questions:
  • In each of the following situations, state whether the bonds will sell at a premium or discount. Required a. Valley issued $300,
    9·1 answer
  • 5 find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. also ca
    10·1 answer
  • If a country's money supply is $10 million, and there is only one bank where all of the people deposit their money. If the bank
    13·1 answer
  • You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th
    15·1 answer
  • Simone is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work an
    13·1 answer
  • Kreter, Inc. earned net income of $300,000 last year. This year it wants to earn net income of $450,000. The company's fixed cos
    10·1 answer
  • How do you start an organization? ​
    7·1 answer
  • you have to wait until it says i posted it 1 minute ago if answer before u will be elminated 2 more to go
    6·2 answers
  • Relix, Inc., is a domestic corporation with the following temporary timing differences for the current year. The building deprec
    7·1 answer
  • Anna is creating a personal balance sheet. she plans to list these items. bank account jewelry health insurance rent which state
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!