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3 years ago

On March 1, Carl Caldwell started Caldwell Fumiture Repair Company. He invested $2,000

Business

1 answer:

Ket [755]3 years ago

4 0

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George invested $1,000 in large U.S. stocks at the beginning of 2012. This investment earned 16.35 percent in 2012, 31.50 percen

saul85 [17]

Answer:

$161.50

Explanation:

Amount Invested = $1,000

Number of years = 4

Return for each year = Amount Invested × Interest rate

= $1,000 × Interest rate

For 2012:

Interest rate = 16.35% = 0.1635

Therefore,

Return for 2012 = $1,000 × 0.1635

= $163.50

For 2013:

Interest rate = 31.50% = 0.3150

Therefore,

Return for 2013 = $1,000 × 0.3150

= $315.00

For 2014:

Interest rate = 13.85% = 0.1385

Therefore,

Return for 2014 = $1,000 × 0.1385

= $138.50

For 2015:

Interest rate = 2.90% = 0.029

Therefore,

Return for 2015 = $1,000 × 0.029

= $29.00

Average for 2012-2015

To get this, we add the returns for the 4 years, i.e. 2012-2015, and then divide it by the number of years which 4 as follows:

Average for 2012-2015 = ($163.50 + $315.00 + $138.50 + $29.00) ÷ 4

= $646.00 ÷ 4

= $161.50

Therefore, George's average return for the period is $161.50.

I wish you all the best.

3 0

3 years ago

If bonds are issued at 101.25, this means that ____________________

Whitepunk [10]

Answer:

c.a $1,000 bond sold for $1,012.50.

Explanation:

We assume the par value is $1,000 and since the bond is issued at 101.25 that means its selling price is

= $1,000 × 101.25%

= $1,012.50

Since the bond is issued more than the face value that reflects the premium and if the bond is issued less than the face value so it is issued at a discount

So the right option is c.

4 0

3 years ago

When a sales manager determines that her staff is not making sufficient progress toward meeting monthly sales quotas and develop

Studentka2010 [4]

When a sales manager determines that her staff is not making sufficient progress toward meeting monthly sales quotas and develops a plan of corrective action, which shows that <span>she is performing the management function of <span>CONTROLLING.
Because, </span></span> her important duty as a controller is to set a goal and performance standards.

7 0

3 years ago

Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For the month of March, the company

Brut [27]

Answer:

Total variance= 391 unfavorable

Explanation:

Giving the following information:

Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For March, the company planned for activity of 632 frames, but the actual level of activity was 639 frames. The actual supplies cost for the month was $9,340.

Estimated= 1,920 + 639*11= 8,949

Real= 9,340

Total variance= real - estimated

Total variance= 9,340 - 8,949= 391 unfavorable

4 0

3 years ago

Bob and his sister Betty are co-owners of their late parents' business. Bob actively manages the business; Betty supplies capita

mihalych1998 [28]

Answer: Parasite, predator

Explanation:

Managing businesses isn't an easy task despite it might be going well. On managing business, certain agreement has to be reached such as who finances , manages, and how interests are shared, when all these are well spelled out there would be no room for the other party to feel cheated while the other feels same way too. Betty and her brother feel cheated about each other's input regarding their business because they probably didn't spell out how the business operations would be run, they'll need to sort this out so they don't see each other so again.

6 0

3 years ago