Answer:
9.4%
Explanation:
Initial investment=$22,000+$22,000=$44,000
number of shares bought=$44,000/$110(the investor paid $55 out of every $110)
number of shares bought=400
Increase in share in one year=$110*8%=$8.80
loan interest on each share=$55*6.6%=$3.63
rate of return=(increase in share price-loan interest)/initial amount invested
rate of return=($8.80-$3.63)/$55
rate of return=9.4%
Answer:
Explanation:
Multiple Choices aren't given, so I will just solve this.
Josiah had "d" dimes and "n" nickels.
There are a total of 35 coins, nickels and dimes.
The value of "d" dimes and "n" nickels is $3.30
Note: Value of nickels is 0.05 and dimes is 0.10 (in dollars)
The system of equations (2) we can use to solve this will be:
1) an equation involving total number of coins
2) an equation stating the value of each coin and total value
Equation 1:
Equation 2:
These are the 2 equations that can be solved simulataneously to find the number of nickels and dimes.
Answer:
The first term of an arithmetic sequence is 10 and its common difference is
negative seven. What is the fourth term of the sequence?
The fourth term is -11
Explanation:
a.p= a1 + (n-1)d
a.p= 10+ (4-1) -7
a.p= 10 + (3) -7
a.p= 10 - 21
= -11
a1= first term
n= nth term
d= difference
Answer:
1,065 U
Explanation:
Materials Price Variance = Actual Quantity Purchased * (Standard Price – Actual Price)Actual Price= Total Cost / Quantity Purchased
= ($27,690 /21,300 )=$ 1.3
=21,300* [$1.25 – $1.3]
=21,300*0.05
=1,065 U
During May, the materials price variance for part XBEZ52 was 1,065 which is Unfavourable because the actual
purchase price is higher than standard.
<span>c. actual usage of material exceeds the standard material allowed for output.</span>
