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aniked [119]
2 years ago
11

If you buy a share of stock for $15 and sell it two years later for $18.50, what is the annual percent return (on a compounded b

asis) that you received for your investment?
Business
1 answer:
nadya68 [22]2 years ago
7 0

Answer:

11%

Explanation:

Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.

Both are related by

Fv = Pv(1 + r)^n

where Fv is the future amount

Pv is the present value

r = rate

n = time

As such,

18.5 = 15 (1 + r)^2

1.2333 =  (1 + r)^2

1 + r = 1.11

r = 0.11

the annual percent on returns is 11%

You might be interested in
Apple Inc.'s decision to acquire Beats Electronics and Beats Music in 2014 for $3 billion rather than enter into a joint venture
Neko [114]

Answer:

A. was an effective way to hurdle entry barriers, was quicker than trying to launch a brand-new start-up or joint venture operation, and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.

Explanation:

1. Was an effective way to hurdle entry barriers

There are some entry barriers that need to be crossed before entering some industry like electronic new industry in headphones and streaming music services. For example, already existing firms might patent or copyright for their intellectual property which may require Apple Inc. to its own technology or wait for some years before entering.

2. Was quicker than trying to launch a brand-new start-up or joint venture operation.

Just like one above, acquiring Beats Electronics and Beats Music in 2014 by Apple Inc. saved it from all hurdles from entry barriers or having wait for some to sort bureaucracies  of launching a brand-new start-up or joint venture operation.

3. and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.

Since the entry barriers had already being crossed and the bureaucracies  of launching a brand-new start-up or joint venture operation have been avoided by acquiring Beats Electronics and Beats Music, this gave Apple Inc. to move directly to the task of building a strong position in the target industry without any further delay.

5 0
2 years ago
List the order number and order date for each order placed by the customer named johnson s department store. (hint: to enter an
iris [78.8K]

Answer:

Explanation:

To obtain the needed detail of order table and order date for each order place by customer, has to be filtered with "John's Department Store"

select ORDER_NUM, ORDER_DATE frome orders as o

inner join customer as c on c.CUSTOMER_NUM=o.CUSTOMER_NUM

where c.CUSTOMER_NAME = "Johnson's Department Store"

8 0
2 years ago
Which statement is TRUE regarding the 6-month time period after you graduate or otherwise leave from college?
hodyreva [135]

Answer:

The correct answer is letter "C": You don’t need to begin repaying your Federal student loans during this time.

Explanation:

While talking about federal student loans, the "grace period" refers to a time-frame of six (6) months after college students graduate or drop out of school not having completed half the career in which they are not obligated to make the payments of their student loan.

6 0
2 years ago
The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
Nadusha1986 [10]

<u>Answer:</u>

a.$7,175,000

b.$3,655,000

c.$2,825,000

<u>Explanation:</u>

a.Calculation of Cost of Goods Sold

COGS= Sales - Gross profit

=12375000-5200000

=$7,175,000

Cost of Goods Sold for Creston Inc is $7,175,000

b. Calculation of direct materials cost

Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

=4125000-180000-290000

=$3,655,000

Direct materials cost is $3,655,000

c. Calculation of direct labor cost

Direct labor cost= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

=7880000-3655000-1400000

=$2825000

Direct labor cost is $2,825,000

5 0
2 years ago
Which of the following examples demonstrates how successful organizations manage their primary activities?
fiasKO [112]

Answer:

The answer is: C) Hewlett Packard has cut lead time from five days to one by employing JIT inventory management.

Explanation:

Michael Porter categorized the following business activities as primary activities:

  • Inbound Logistics
  • Operations
  • Outbound Logistics
  • Marketing and Sales
  • Service

Lead time is the time spent between starting and finishing an operation or production process.

4 0
2 years ago
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