Ask question

Ask question

All categories

3 years ago

9

An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the th

ree years was

1 answer:

Advocard [28]3 years ago

7 0

Answer: 11.32%

Explanation:

Given the above variables, the total compound return can be calculated by;

= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1

= (1 + 10%)( 1 + 15%) (1 - 12%) - 1

= 11.32%

You might be interested in

A company usually processes 20,000 orders at a total cost of $250,000. During the year, only 10,000 orders were processed. What

Ivan

Answer: $125,000

Explanation: The Company usually processes 20,000 orders at a cost of $250,000. To process one order = 250,000/20,000=$12.5

Therefore if during the year 10,000 orders were proceeded. the cost will be

10,000 * $12.5 = $125,000

8 0

4 years ago

The Nolan Corporation finds it is necessary to determine its marginal cost of capital. Nolan’s current capital structure calls f

marishachu [46]

50% bro trust me it’s the right answer

7 0

3 years ago

Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department

zhannawk [14.2K]

The number of parts used for the wheels is,
(300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
(600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000.

7 0

3 years ago

Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $34 an hour.

Artemon [7]

Answer:

$14,500 unfavorable variance

Explanation:

the direct labor cost variance is calculated with the following formula:

direct labor variance = total actual labor hours x (actual labor cost per hour - standard cost per hour)

direct labor variance = 1,000 hours x ($48.15 - $34) = $14,500 unfavorable variance

The variance is unfavorable because the actual labor cost is much higher than the estimated labor cost.

3 0

3 years ago

He offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0

Alik [6]

If he offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0 for poor performance. Based on prior records, he expects an employee to perform at superior, good, fair, and poor performance levels with probabilities 0.10, 0.20, 0.50, and 0.20, respectively. The expected value of the annual bonus amount will be: $3,700

First step

Expected value for Superior performance=$10,000×0.10

Expected value for Superior performance=$1,000

Expected value for Good performance=$6,000×0.20

Expected value for Good performance=$1,200

Expected value for Fair performance=$3,000×0.50

Expected value for Fair performance=$1,500

Expected value for Poor performance=$0×`1,500

Expected value for Poor performance=$0

Now let determine the total expected value of the annual bonus amount

Expected value of annual bonus amount=$1,000+$1,200+$1,500+$0

Expected value of annual bonus amount=$3,700

Inconclusion if he offers an annual bonus of $10,000 for superior performance, $6,000 for good performance, $3,000 for fair performance, and $0 for poor performance. Based on prior records, he expects an employee to perform at superior, good, fair, and poor performance levels with probabilities 0.10, 0.20, 0.50, and 0.20, respectively. The expected value of the annual bonus amount will be: $3,700

Learn more here:

brainly.com/question/22845794

5 0

3 years ago