Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 16, 2024

Suppose you invested $2,500 in the business that a friend of yours opened and in three years this friend returned you $3,700. How much was

Suppose you invested $2,500 in the business that a friend of yours opened and in three years this friend returned you $3,700. How much was the return on your investment in your friend's business

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Process To Profits Strategic Planning For A Growing Business

Authors: William Lasher

1st Edition

0324223870, 9780324223873

More Books

Students also viewed these Finance questions

Question

★★★★★

True or False: 1. When the United States was on an internal gold standard, the dollar was defined as equivalent in value to a certain amount of gold. 2. When two forms of money are available, people...

Answered: 1 week ago

Question

★★★★★

On October 1, 2011, the Marshall Company sold a large piece of machinery to the Hammond Construction Company for $80,000. The cost of the machine was $40,000. Hammond made a down payment of $10,000...

Answered: 1 week ago

Question

★★★★★

9. Prove that for any matrix A if there is a c-inverse AC, such that AAc = I, then AA-=1.

Answered: 1 week ago

Question

★★★★★

How important was Ians knowledge of the billing procedures used within the steel industry in his being able to establish his business? Given his cash position when he opened his business, do you...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Pauline Ltd. make a single product which requires 5 kg of materials, 2 hours of labour and 1 hour of oven time. Next month the following resources are available

Answered: 1 week ago

Question

★★★★★

At another local coffee shop, wait times for a cup of plain coffee are normally distributed with a mean of $125 seconds and a standard deviation of 22 seconds. What percentage of wait times for a cup...

Answered: 1 week ago

Question

★★★★★

Luisa treats rice and wheat as perfect complements and spends all her food budget of $24/wk on these foodstuffs. If rice costs $3/lb, draw Luisa's price-consumption curve for wheat. Instructions: 1....

Answered: 1 week ago

Question

★★★★★

QUESTION 7 Graph 10-3 P Social Cost P Supply (Private Cost) P Demand Q1 Q This graph reflects the market for kiwifruit, where pesticide used by kiwifruit orchardists also unintentionally kills honey...

Answered: 1 week ago

Question

★★★★★

Sky Castle Manufacturing Company has two service departments, human resources and office services. It also has two production departments, assembly and finishing. The following information is made...

Answered: 1 week ago

Question

★★★★★

1. Do you think that a company should primarily be valued relative to the global industry to which it belongs, or to other national companies listed in its domestic home market? 2. Describe indexes...

Answered: 1 week ago

Question

★★★★★

3 What skills would managers need to be effective consultants or coaches to s elf-m anaging teams? Autonomous work groups were conceived as an open form of structure that allowed work groups to be...

Answered: 1 week ago

Question

★★★★★

1 In what ways could having temporary employees make an organisation more flexible? In Japan In Japan there is an erosion of the social contract that Japanese workers viewed as sacred for half a...

Answered: 1 week ago

Question

★★★★★

1 If a function is outsourced and consequently provided by an external supplier, the workers performing that function are no longer members of the parent organisation. This can have an impact on...

Answered: 1 week ago

Previous Question Next Question