Answer:
The annual rate of return is -2.83%
Explanation:
The annual rate can be calculated from the formula FV=PV*(1+r)^N
Where FV is the future value of the investment
PV is the amount invested which is $276,500
N is 9 years
213600=276,500*(1+r)^9
213600/276500=(1+r)^9
divide index on both sides by 9
(213600/276500)^1/9=1+r
(213600/276500)^1/9-1=r
r=-0.02827109
r=-2.83%
Hence the annual rate of return on the investment is -2.83%, which means the investment depleted by 2.83% from initial invested amount of $276,5000 to $213,600 after nine years
Answer:
Proxy Fight
Explanation:
Proxy fight refers to that scenario wherein a group of shareholders coming together so as to gain more shareholder proxies and thus gain majority of the votes.
In such cases, outsiders convince the existing shareholders of a corporation to vote against the management and thus collectively lead to it's replacement.
This represents one of the common means of corporate takeover.
Disgruntled shareholders may unite against a management decision or any sort of oppressive policies by such means, usurp the existing management and appoint their own preferred candidates as their replacement.
Answer: $117,000
Explanation:
So we are to calculate the Raw Materials purchased during the year.
Logically speaking the following should hold,
Raw materials purchased during the year + beginning raw materials = ending Raw materials + Raw materials used
Agreeing on that and rearranging the formula we will have,
Raw Material purchased during the year = Raw Material used during the year + Ending Raw Material Inventory - Opening Raw Material Inventory
Slotting in the figures we will then have,
Raw Material purchased during the year = 114,000 + 56,000 - 53,000
= $117,000
Raw materials purchased during the year amount to $117,000.
It is a true statement that a DR planning involves the identification of critical business functions and the resources to support them are the cornerstone of the process used to create the business continuity plan.
<h3>What is a
DR planning?</h3>
A DR planning is an acronyms for disaster recovery plan work. It refers to the formal document that is created by an organization that contains detailed instructions on how to respond to unplanned incidents such as natural disasters, power outages, cyber attacks, disruptive events etc.
Most time, the disaster recovery plan involves the identification of critical business functions and the resources to support them are the cornerstone of the process used to create the business continuity plan.
Read more about disaster recovery plan
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