Question
The following information regarding Mahen, Incorporated is available: Sales $ 1,500,000 Cost of goods sold 900,000 Operating expenses 450,000 Operating income 150,000 Average invested capital
The following information regarding Mahen, Incorporated is available: Sales $ 1,500,000 Cost of goods sold 900,000 Operating expenses 450,000 Operating income 150,000 Average invested capital 2,500,000 What is the return on investment for Mahen, Incorporated?
Question 8 options:
10%
20%
5%
6%
If you receive $20,000 as a gift and invest it at 12% compounded semi-annually, how much will you have at the end of three years?
Question 21 options:
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$14,027.60
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$28,380.00
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$22,497.20
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$32,020.60
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Question 22 (1 point)
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Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in three years. She estimates the trip will cost $4,000. How much must she invest now at 5% to accumulate enough for you to take this trip?
Question 22 options:
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$3,161.24
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$3,456.00
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$4,499.44
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$3,287.72
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Question 23 (1 point)
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If I invest $100 at the end of each year for four years at 6% how much will I have at the end of the fourth year?
Question 23 options:
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$563.71
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$421.24
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$432.95
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$437.50
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Question 24 (1 point)
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Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in four years. She estimates the trip will cost $3,900. How much must she invest now at 6.0% to accumulate enough for you to take this trip?
Question 24 options:
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$4,923.70
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$6,178.30
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$3,900.00
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$3,089.20
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Question 25 (1 point)
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If you receive $19,000 as a gift and invest it at 3% compounded semi-annually, how much will you have at the end of five years?
Question 25 options:
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$22,059.00
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$19,703.00
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$19,000.00
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$16,365.20
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