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snow_lady [41]
3 years ago
8

What does the rule of 72 tell us? What is the formula used?

Business
1 answer:
RUDIKE [14]3 years ago
8 0

Answer:

Image result for What does the rule of 72 tell us? What is the formula used? Amy heard Dave Ramsey say that she could expect an average of 12% returns when she invests in mutual funds. Amy has $10,000 to invest. How long will it take Amy’s investment to double?

Divide 72 by the interest rate on the investment you're looking at. The number you get is the number of years it will take until your investment doubles itself.

Explanation:

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If the stock turnover rate for your industry is 3, how many months' worth of inventory should you keep in stock at all times? (a
marshall27 [118]

Answer:

2

Explanation:

8 0
3 years ago
At a large business, employees must report to work at 7:30 A.M. The arrival times of employees forms approximately a bell-curve
bazaltina [42]

Explanation:

WHAT TYPE OF CODE IS THAT WHAT GRADE ARE YOU IN IM IN 10 AND ALSO I FORGOT

4 0
4 years ago
You are valuing a company that is projected to generate a free cash flow of $16 million next year, growing at a stable 2.8% rate
Step2247 [10]

Answer:

$4.3

Explanation:

For computing the share price, first, we have to compute the Value of firm which is shown below

= Free cash flow ÷ (cost of capital - growth rate)

= $16 million ÷ (10.6% - 2.8%)

= $16 million ÷ 7.8%

= $205.12 million

Now find the equity value which equals to

= Value of firm - debt value + cash

= $205.12 million - $23 million + $8 million

= $190.12 million

And, the number of outstanding shares is 44 million

So, the price per share would equal to

= Equity value ÷ number of outstanding shares

= $190.12 million ÷ 44 million shares

= $4.3

7 0
4 years ago
Peter held a sales associate's license. He renewed his license by completing the post-licensure class on time, but he filled out
Anit [1.1K]

Answer:

Explanation:

Based on the scenario being described it can be said that Peter can certainly apply for a real estate licence again but will most likely never receive one. This is mainly due to the fact that the FREC take fraud very seriously and will permanently revoke a licence if you are found guilty, in addition you can also be fined anywhere between $1,000 to $5,000 for the violation. Therefore Peter will most likely never be granted a sales associate's license again.

5 0
4 years ago
Focus groups should be comprised of how many people? Three to five people Six to eight people Eight to 12 people 10 to 12 people
gregori [183]

Answer:

3-5 people

Explanation:

It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.

hope it helps! :3

6 0
3 years ago
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