Answer:
Average rate of return= 10.17
%
Geometric return = 9.23%
Explanation:
<em>Geometric average return</em>
This is compounded annual rate of return which is used to measure the performance of an asset over a certain number of years. It helps to measure the return generated by an investment taking into account the volatility .
Unlike the arithmetic average the geometric average gives an idea of the real rate taking into account of volatility
The formula below
Geometric Return =(1+r1) (1+r2) ...... (1+rn)^1/n
Geometric Average return =
(1.12× 1.19× 1.21× 0.88× 1.26× 0.95)^(1/6) - 1 =0.09233168
Geometric return =0.0923
× 100= 9.23%
Geometric return = 9.23%
Average rate of return
<em>The average return is the sum of the returns over the years dividend by the Numbers of returns</em>
Average return = sum of return / No of returns
(12% + 19% + 21% + (12%) + 26% + (5%))/6 =10.17
%
Average rate of return= 10.17
%
Geometric return = 9.23%
A $66.50
First take the money she already has from the total.
156-23=133
Then divide this by two. She only needs to save half of this as her parents will match the half she saves.
133÷2=66.5
$66.50
Answer:
$1.236= Estimated manufacturing overhead rate
Explanation:
Giving the following information:
Processing:
Direct labor cost= $44,500
Applied overhead= $55,000
To determine the estimated overhead rate, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
55,000= Estimated manufacturing overhead rate*44,500
55,000/44,500= Estimated manufacturing overhead rate
$1.236= Estimated manufacturing overhead rate
Answer:
The correct answer is D. Real income effect.
Explanation:
Real income is defined as the monetary income of an individual, taking into account the effect of inflation. For example, if a person's nominal salary increases by 10% in one year, and inflation is 6% in that year, the actual income will have increased 4% in that year.