All categories

2 years ago

Your portfolio has grown from $2500 to $3800 what is the percent of the growth rate

Business

1 answer:

Evgen [1.6K]2 years ago

7 0

Answer:

52%

Explanation:

(3800-2500)÷2500×100 = 52% as your growth rate

You might be interested in

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one

prohojiy [21]

Interest earned=2,500×0.04=100

7 0

3 years ago

Uncle Tupelo's Gifts signs a three-month note payable to help finance increases in inventory for the Christmas shopping season.

ladessa [460]

Answer:

Interest expense --------$1,500

Interest payable-------------- $1,500

Explanation:

Given the following ;

Amount of note signed = $75,000

Annual interest rate = 12% = 0.12

Date signed = November 1

Calculate interest expense to be made in the adjusting entry by December 31 :

NOTE: No entries have been made previously for the interest expense

Monthly Interest = (Amount × rate) ÷ 12

Monthly interest = ($75,000 × 0.12) ÷ 12

Monthly interest = $9000 ÷ 12 = $750

November 1 to December 31 = 2 months

$750 × 2 = $1500

Interest expense = $1,500

3 0

3 years ago

Americans have come a long way in reducing their overt prejudice among groups such as Hispanics, whites, blacks, Jews, and Asian

Lesechka [4]

Answer:

Explanation:

Based on the information provided it can be said that people are still uncomfortable with other ethnic groups marrying into their families and living in their neighborhoods. This form of segregation still exists today in the United States of America, and mostly seems to be so because many groups prefer to live and share their space with only people from their same culture and background.

7 0

4 years ago

These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorne

yulyashka [42]

Answer:

$76,050

Explanation:

Given that,

cash price = $60,700

assumed accrued taxes = $5,260

attorney’s fees = $2,170

real estate broker’s commission = $3,310

clearing and grading = $4,610

Cost of the land:

= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $60,700 + $5,260 + $2,170 + $3,310 + $4,610

= $76,050

6 0

3 years ago

Garcia Company issues 11.5%, 15-year bonds with a par value of $450,000 and semiannual interest payments. On the issue date, the

noname [10]

Answer:

Journal Entry

Date Account Titles and Explanation Debit Credit

Jan 1 Cash $511,875

Bond payable $450,000

Premium on bond payable $61,875

($450,000*13.75%)

(To record issue of bonds at premium)

4 0

3 years ago