Devin invested $750 in a CD that pays 6% simple interest, calculated quarterly. How much money will Devin earn in 3 years?

A local regulator has calculated the average cost of production for the public water utility. Theregulator has allowed an adjust

Varvara68 [4.7K]

Answer:

A. cost-plus regulation

Explanation:

When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.

It is usually carried out by the government.

8 0

1 year ago

bill's organization expects 50% of profits to be generated by products that did not exist five years ago. what is the nature o

Elena-2011 [213]

The nature of the program that the organization's managers are likely to follow is INNOVATIVE. The organization's manager wanted to improve the products and set a goal to reach so that the employee will do their best to reach the goal that they didn't exist five years ago.

6 0

1 year ago

Some poople argue that the only beneficiary of the entrepreneurial wealth is the entreprenceur him/herselt Do you agree? Why or

Ugo [173]

I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”

The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts. But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates. Nobody works in isolation. When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world. She only gets the profit share of the created wealth. Customers who patronize her services and goods also derive satisfaction of needs (utility or value). The entrepreneur's wealth is also shared to the government in form of taxes. Suppliers of primary goods and services also share in the wealth of the entrepreneur. And employees of the entrepreneur also take a large share of the created wealth.

But, who is an entrepreneur? She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit. Her business may not be profitable in the short-run. She can even lose tons of money initially until the profit stage sets in. As she preserves, the profits will start rolling in, provided she had done her homework well.

8 0

1 year ago

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24,000 shares authorized, 11,4

tankabanditka [31]

Explanation:

Data provided

Number of shares outstanding = 9,600

Cash dividend per share = $0.50

The Journal entry is shown below:-

Retained earning Dr, $4,800

To Common dividends payable $4,800

(Being dividend declaration is recorded)

Working note:-

Retained earning = Number of shares outstanding × Cash dividend per share

= 9,600 × $0.50

= $4,800

3 0

1 year ago

On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory po

Gelneren [198K]

Answer:

Avondale Lumber

Rebasing the Inventory at year-end using the dollar-value LIFO inventory method:

Year Ended Inventory year Cost index Inventory Amount

December 31 end costs (relative to base year) at year-end

2021 $340,000 1.02 $333,333

2022 350,000 1.06 $330,189

2023 400,000 1.07 $373,832

2024 430,000 1.10 $390,909

Explanation:

a) Data:

Year Ended Inventory year Cost index

December 31 end costs (relative to base year)

2021 $340,000 1.02

2022 350,000 1.06

2023 400,000 1.07

2024 430,000 1.10

b) The inventory at year-end costs is rebased using the cost index that is relative to the base year, by dividing the inventory costs by the cost index.

7 0

1 year ago