What has been his average rate of return for the three years

Assignment Help Accounting Basics
Reference no: EM133018399

Question - Dan's portfolio increased in value 20% this year, it lost 40% last year, but gained 50% the-previous year.

a. What has been his average rate of return for the three years?

b. Suppose his portfolio continues to grow at that average return, how long will it be before he triples his money?

Reference no: EM133018399

Questions Cloud

Aspects for successful implementation : You are required to implement the developed food safety plan and critically reflect on the key aspects for successful implementation, communication requirements
How will customers know about the product : Pick a business that you are familiar with or that you would like to start. Try a Fortune 500 company if you cannot decide.
Explain the concept of total landed cost : Question - Explain the concept of total landed cost as it relates to transportation. How does it influence market boundaries
Evaluate the research process and findings : You are required to implement, monitor and evaluate your market research plan. This is to be undertaken as follows
What has been his average rate of return for the three years : Dan's portfolio increased in value 20% this year, it lost 40% last year, but gained 50% the-previous year. What has been his average rate of return
Rules for ethical conduct for luxor employees : As a member of the Committee for Dynamic Success, you have spent some time researching other companies' Codes of Ethics. Codes of Ethics can range from being sp
Referencing the latest trends in computer hardware : Submit an article/news referencing the latest trends in Computer hardware, software or operating systems. You can either submit a link to the article/news or as
What must be the variable cost per unit : The following estimates have been prepared for a project: Accounting break-even: 20,000 units. What must be the variable cost per unit
Explain cooper companies inc : Explain Cooper Companies Inc (COO) Aquamarine identity color?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Inquiries of management

Additionally, discuss what you learned about planning an audit and how this was applied in the Apollo Case Study, including results of the planning procedures performed as part of your Apollo assignment. What areas or items did you note that will ..

  How is the company perceived in the media

Big oil versus big ideals. After graduating from a large university 1995 with a degree in accounting george began his career at a big 4 publicc accounting firm.

  Discuss about the liquidation of the partnership

Fredstone Consolidated, Inc. and Gradison Enterprises, Inc. are both real estate developers. Each entity owns a 50% general partner interest in Realty Partners.

  Compute the equivalent units of production

Compute the equivalent units of production for the first department for April, assuming the company uses the weighted-average method

  Operating income-variable

At the break-even point of 1,500 units, variable costs are $60,000, and fixed costs are $30,000. What would operating income be if 1,501 units are sold?

  What amount should appear as inventory on the company

Jensen Tire had two large shipments in transit at December 31. What amount should appear as inventory on the company's balance sheet at December 31? Explain

  How much should be allocated to A

1/3 of any remaining profit is allocated to A and the balance to D. If the partnership had profit of P102,500, how much should be allocated to A?

  Find estimated variable cost per machine hour for utilities

Information is available for a company's utility cost for operating its machines over the last four months. Find estimated variable cost per machine hour

  Calculate the dividend payout for honeywell

Assume you own shares in Honeywell Inc. and that the company currently earns $4.70 per share. Calculate the dividend payout for Honeywell

  Spot new products and services

Most successful businesses are focused on existing markets and may not have the vision to spot new products and services. Respond to the following in a 250 -300 word post: Is this happening where you work?

  What will normally happen to the earnest money

What will normally happen to the earnest money in such a situatuion? The buyer wrote an offer to purchase a property and gave the broker $10,000 earnest money.

  Prepare an income statement for Paw Prints Pet Sitters

Collected $460 from credit customers. Prepare an income statement for Paw Prints Pet Sitters for month ended November 30, 2019

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd