Older adults that control more than 50% of discretionary income are considered the ________ market.
A) boomer
B) senior
C) millennial
D) echo boomer
Answers
The senior market is typically defined as older adults that control more than 50% of discretionary income. As people age, they tend to have more money to spend on discretionary items.
Here correct answer is B)
This makes the senior market an attractive target for marketers. Senior citizens are often more likely to have both the money and willingness to purchase items that they want or need. As a result, marketers are increasingly targeting the senior market to increase sales and profits.
The senior market is often referred to as the ‘boomer’ market due to the fact that most seniors are baby boomers. This generation of consumers is known for their spending power and are often more likely to purchase goods and services than younger generations. This makes them attractive to marketers who are looking to take advantage of this powerful consumer base.
The senior market is an important and growing demographic for marketers. As more seniors enter retirement and have more money to spend, the senior market will continue to be an important target for marketers. With more seniors entering the market, companies will need to create strategies to target this powerful group of consumers.
Know more about senior market here
https://brainly.com/question/31806907?#
#SPJ11
Related Questions
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
Learn more about the payroll register here:
https://brainly.com/question/24265652
#SPJ1
Cemptex corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income for the 2018 fiscal year was 624000. Depreciation and amortization expense of 87000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash:
Decrease in accounts receivable 22000
Increase in inventories
Increase prepaid expense
Increase in salaries payable
Decrease in income taxes payable
Prepare the operating activities section of the 2018 statement of CF.
**Be careful of the difference between reconciliation and actually creating statement of CF operating activities section (both using indirect method)**
Answers
The operating activities section of the statement of cash flows for Cemptex Corporation will state that 'Net cash provided by operating activities: $711,300'.
To prepare the operating activities section of the 2021 statement of cash flows for Cemptex Corporation using the indirect method, follow these steps:1. Start with the net income for the 2021 fiscal year: $624,000.
2. Add back the depreciation and amortization expense: + $87,000.
3. Adjust for changes in current assets and liabilities (other than cash):
- Decrease in accounts receivable: + $22,000.
- Increase in inventories: - $9,200.
- Increase in prepaid expenses: - $8,500.
- Increase in salaries payable: + $10,000.
- Decrease in income taxes payable: - $14,000.
4. Calculate the net cash provided by operating activities by summing up the adjusted amounts:
$624,000 (net income)
+ $87,000 (depreciation and amortization expense)
+ $22,000 (decrease in accounts receivable)
- $9,200 (increase in inventories)
- $8,500 (increase in prepaid expenses)
+ $10,000 (increase in salaries payable)
- $14,000 (decrease in income taxes payable)
= $711,300.
The operating activities section of the 2021 statement of cash flows for Cemptex Corporation is as follows:
Net cash provided by operating activities: $711,300.
Note: The question is incomplete. The complete question probably is: Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net Income for the 2021 fiscal year was $624,000. Depreciation and amortization expense of $87,000 was included with operating expenses in the Income statement. The following information describes the changes in current assets and abilities other than cash:
Decrease in accounts receivable $22000
Increase in inventories $9,200
Increase prepaid expense $8,500
Increase in salaries payable $10,000
Decrease in income taxes payable $14,000
Required: Prepare the operating activities section of the 2021 statement of cash flows (Amounts to be deducted should be indicated with a minus sign.)
Learn more about Indirect method:
https://brainly.com/question/14127626
#SPJ11
The letters in acronymic abbreviations must be
a. In the correct order
b. In the second part of the word
C. In backwards order
d. From the first part of the alphabet
Please select the best answer from the choices provided
A
B
C
Answers
Answer:
a. In the correct order.
Explanation:
An acronymic abbreviation can be defined as an acronym for a phrase or title that relates to an organization, object and other informations. The main purpose of an acronymic abbreviation is to help in the shortening of a sentence or phrase and to enhance easier memorization of the information contained therein.
As a rule of thumb, the letters in acronymic abbreviations must be in the correct order. Therefore, acronyms are formed by using the first letter of each word that makes up the title or a phrase.
Some examples of an acronymic abbreviation are;
1. National Basket Association = NBA.
2. Generally Accepted Accounting Principles = GAAP.
3. Read Only Memory = ROM.
4. Random Access Memory = RAM.
5. United States of America = USA.
Answer:
A
Explanation:
Seminar 2 - Bonds - Questions 1. Tesco is issuing a 3 year bond with an annual coupon of 10% and face value of £1000. Interest rates for similar bonds are currently 9%. What is the Present Value of this bond? 2. Describe the three main types of corporate bonds. 3. Briar Corp is issuing a 10-year bond with a coupon rate of 7 per cent and face value of €1000. The interest rate for similar bonds is currently 9 per cent. Assuming annual payments, what is the present value of the bond? 4. Kevin Rogers is interested in buying a five-year bond with face value of €1000 that pays a coupon of 10 per cent on a semi-annual basis. The current market rate for similar bonds is 8.8 per cent. What should be the current price of this bond? 5. Which one of the following statements about zero coupon bonds is NOT true? a. Zero coupon bonds have no coupon payments but promise a single payment at maturity. b. Zero coupon bonds must sell for less than similar bonds that make periodic coupon payments. c. Zero coupon bonds make coupon payments but no principal payment at maturity. d. All of the above statements are true. 6. The British government has issued 10-year zero coupon bonds with a face value of £ 1000. Assume that coupon payments are normally semi-annual. What will be the current market price of these bonds if the opportunity cost for similar investments in the market is 6.75 per cent?
Answers
To calculate the Present Value (PV) of the bond, we need to discount the future cash flows (coupon payments and face value) at the market interest rate. In this case, the bond has a 3-year maturity, an annual coupon rate of 10%, and a face value of £1000. The market interest rate for similar bonds is 9%.
To calculate the Present Value, we can use the formula:
PV = (C/ (1+r)^1) + (C/ (1+r)^2) + ... + (C/ (1+r)^n) + (F/ (1+r)^n),
where PV is the Present Value, C is the coupon payment, r is the interest rate, and F is the face value.
In this case, the coupon payment (C) is £100 (10% of £1000), the interest rate (r) is 9%, and the number of periods (n) is 3 years.
Using the formula, we can calculate the Present Value as follows:
PV = (100/ (1+0.09)^1) + (100/ (1+0.09)^2) + (100/ (1+0.09)^3) + (1000/ (1+0.09)^3)
PV ≈ £258.68
Therefore, the Present Value of the bond is approximately £258.68.
The three main types of corporate bonds are as follows:
a. Fixed Rate Bonds: These bonds have a fixed coupon rate that remains constant throughout the life of the bond. The issuer pays periodic coupon payments to bondholders at the fixed rate, and at maturity, the face value of the bond is returned to the bondholder.
b. Floating Rate Bonds: These bonds have a variable coupon rate that changes over time based on a reference interest rate, such as LIBOR (London Interbank Offered Rate) plus a predetermined spread. The coupon payments adjust periodically according to changes in the reference rate.
c. Convertible Bonds: These bonds give bondholders the option to convert their bonds into a predetermined number of shares of the issuer's common stock. The conversion can occur at any time before the bond's maturity or based on specific conditions. Convertible bonds provide potential upside if the issuer's stock price increases.
To calculate the Present Value of the bond issued by Briar Corp, we can use the same formula as mentioned in question 1. The bond has a 10-year maturity, a coupon rate of 7%, and a face value of €1000. The interest rate for similar bonds is currently 9%.
Using the formula and values provided:
PV = (70/ (1+0.09)^1) + (70/ (1+0.09)^2) + ... + (70/ (1+0.09)^10) + (1000/ (1+0.09)^10)
PV ≈ €746.85
Therefore, the Present Value of the bond issued by Briar Corp is approximately €746.85.
To calculate the current price of the bond, we need to discount the future cash flows (coupon payments and face value) at the market interest rate. The bond has a 5-year maturity, a face value of €1000, and pays a coupon of 10% on a semi-annual basis. The current market rate for similar bonds is 8.8%.
Since the coupon payments are semi-annual, the coupon rate needs to be adjusted. The semi-annual coupon rate is 5% (10% divided by 2).
Using the formula and values provided:
PV = (50/ (1+0.088)^1) + (50/ (1+0.088)^2) + ... + (50/ (1+0.088)^10) + (1000/ (1+0.088)^10)
PV ≈ €1051.29
Therefore, the current price of the bond should be approximately €1051.29.
The correct statement about zero coupon bonds that is NOT true is:
c. Zero coupon bonds make coupon payments but no principal payment at maturity.
Zero coupon bonds do not make coupon payments. Instead, they are issued at a discount to their face value and promise a single payment at maturity, which includes the principal amount plus the accumulated interest. Zero coupon bonds are known for their absence of periodic coupon payments.
To calculate the current market price of the 10-year zero coupon bonds issued by the British government, we can use the Present Value formula. The face value is £1000, and the coupon payments are normally semi-annual (twice a year). The opportunity cost for similar investments in the market is 6.75%.
Using the formula and values provided:
PV = (0/ (1+0.0675)^1) + (0/ (1+0.0675)^2) + ... + (0/ (1+0.0675)^20) + (1000/ (1+0.0675)^20)
PV ≈ £503.91
Therefore, the current market price of these bonds would be approximately £503.91.
Learn more about Present Value (PV): https://brainly.com/question/15904086
#SPJ11
Definitions Types of Companies a. Purchases goods that are primarily in finished form for resale to customers. b. Records revenues when providing services to customers. c. Produces the goods they sell to customers.
Answers
The definitions of types of Companies is one that c. Produces the goods they sell to customers.
What is a company?A company serves as the legal entity formed by a group of individuals for production of goods and services.
They do engage in and operate a business which could be commercial or industrial enterprise.
Learn more about company at;
https://brainly.com/question/24448358
Which of the following describes an Indirect communication style?
Fast-paced and assertive; can be argumentative
Very deliberate; provide very accurate, carefully thought-out results
Readily expresses emotions, thoughts, and feelings without holding back in any way
Tends to hold back on giving away too much information that may reveal their inner nature
Answers
Answer:
it is correct
Explanation:
The indirect communication style tends to hold back on giving away too much information that may reveal their inner nature. Hence, Option (D) is correct.
An indirect communication style involves being more reserved and cautious when it comes to sharing personal information or emotions.
Individuals who use this style tend to hold back or be more discreet about revealing their inner thoughts, feelings, or opinions.
By holding back on revealing too much, individuals with an indirect communication style aim to protect their privacy, maintain a sense of control over their personal information, and potentially avoid potential judgment or vulnerability.
Thus, they may prioritize maintaining harmony and avoiding conflict, choosing to use tact and diplomacy in their communication.
Learn more about indirect communication here:
https://brainly.com/question/15848459
#SPJ6
Which of the following describes an Indirect communication style?
a)Fast-paced and assertive; can be argumentative
b)Very deliberate; provide very accurate, carefully thought-out results
c)Readily expresses emotions, thoughts, and feelings without holding back in any way
d)Tends to hold back on giving away too much information that may reveal their inner nature
The common good is not the same as the sum of individual preferences (CSDC 164). Explain the difference, using an example. Furthermore, what is the difference between a private and public good in economic theory? Please provide detailed answer.
Answers
The difference lies in the fact that: the common good focuses on the well-being of society as a whole, whereas the sum of consumers preferences concentrates on satisfying the desires of each individual.
For example, imagine a community deciding between building a park or a shopping mall. The sum of individual preferences might favor the mall, as more people may personally prefer shopping over outdoor activities.
However, the common good may favor the park, as it promotes health, well-being, and social interaction for the entire community, even if it isn't the first choice for some individuals.
In economic theory, the difference between private and public goods is mainly based on their properties of excludability and rivalry.
Private goods are excludable, meaning only those who pay for them can access them, and they are rivalrous, meaning one person's consumption of the good reduces its availability for others. Examples include food, clothing, and electronics.
On the other hand, public goods are non-excludable and non-rivalrous. This means they are available to everyone, and one person's consumption does not affect others' ability to consume the same good.
Examples include clean air, national defense, and public parks. Public goods often require government intervention to ensure their provision, as private markets may not provide them adequately due to free-rider problems and lack of profit incentives.
To know more about consumers, refer here:
https://brainly.com/question/28720878#
#SPJ11
I need help with the business ventures Pt 3 assignment, I dont know how to do the tables with graphic designing business. I NEED HELP FAST!!!
Answers
Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
What about graphic design?Graphic design is both a profession and an academic field. and applied art, whose work entails the projection of visual signals meant to convey particular messages to social groups with specific aims. An multidisciplinary area of both the fine arts and design, graphic design is. Using manual or digital technologies, it requires creativity, invention, and lateral thinking. Text and visuals are frequently used to convey ideas graphically.The graphic designer's function during the communication process is that of the message's encoder or interpreter. They focus on the analysis, arrangement, and presentation of visual messages. Graphic design typically goes beyond what language alone can say by using ornamentation, graphics, compositional arrangement of the text, and appealing typography.Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
To know more about graphic design, visit:
https://brainly.com/question/23250184
#SPJ1
The Tea Party Movement and the Black Lives Matter Movement have which of the following in common?
a. educational opportunity
b. participation opportunity
c. self-interest opportunity
d. economic opportunity
Answers
The Tea Party Movement and the Black Lives Matter Movement have a commonality in terms of participation opportunity.
Option b) participation opportunity is the shared element between the Tea Party Movement and the Black Lives Matter Movement. Both movements have provided platforms and opportunities for individuals to actively participate in expressing their viewpoints and engaging in collective action.
The Tea Party Movement emerged in the early 2000s, advocating for limited government and fiscal responsibility, while the Black Lives Matter Movement gained prominence in response to police violence and systemic racism. Both movements have encouraged their supporters to engage in demonstrations, rallies, and grassroots organizing to promote their respective agendas.
While the movements may differ in their goals and ideologies, they have created avenues for individuals to participate and make their voices heard in shaping public discourse and policy discussions.
Learn more about The Tea Party Movement click here :brainly.com/question/28149446
#SPJ11
Can someone please help me with this question!
Answers
Answer:
I think you got it right*
Explanation:
I think this is the same question I took.
Troy will receive $7,500 at the end of year 2. At the end of the following two years, he will receive $9,000 and $12,500, respectively. What is the future value of these cash flows at the end of year 6 if the interest rate is 8 percent?.
Answers
The future value of these cash flows at the end of year 6 if the interest rate is 8 percent is $36,121.08
Given that,
Year 2 has a cashflow = $7500
similarly, It is given that at the end of 3rd and 4th year, he will receive $9000 and $12500 respectively
The Cash flows are:
C2 = 7500, C3 = 9000, C4 = 12500
interest rate = r = 8%
• The future value of C2 at the end of 6th year = FV2 = C2 × (1+r)4
= 7500 × (1+8%)4 = 10203.6672
• The future value of C3 at the end of 6th year = FV3 = C3 × (1+r)3
= 9000 × (1+8%)3 = 11337.408
• The future value of C4 at the end of 6th year = FV4 = C2 × (1+r)2
= 12500 × (1+8%)2 = 14580
Future value of these cash flows at the end of 6th year = FV2+FV3+FV4
= 10203.6672 + 11337.408 + 14580
= 36121.0752 ~ 36121.08 (Rounded to two decimals)
An asset's future value is its worth on a particular date in the future. Alternatively, the future value is the sum of money that an investment will be worth, assuming a specified rate of return, after a specific amount of time (interest rate).
Learn more about Future value, here
https://brainly.com/question/14860893
#SPJ4
How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answers
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
Suppose AMC's preferred stock is currently selling for $48.If the company gives $1.2 dividend per year what is the market's required rate of return for the stock? (Round your answer to two decimal points)
Answers
The market's required rate of return for the AMC's preferred stock is 2.50%.
Solution: The given details are:
Current market price of AMC's preferred stock = $48
Annual dividend given by the AMC's preferred stock = $1.2
The formula used to calculate the market's required rate of return for the stock is as follows:
Required rate of return = Dividend/Current market price of stock
Let's substitute the given values in the formula:
Required rate of return = $1.2/$48 = 0.025 or 2.50% (rounded to two decimal points)
Therefore, the market's required rate of return for the AMC's preferred stock is 2.50%.
Learn more about Stock here:
https://brainly.com/question/24239991
#SPJ11
Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answers
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
learn more about insurance here: https://brainly.com/question/24332840
What is it calledresults in the cost of ending inventory that approximates the replacement cost of current inventory
Answers
FIFO results in the cost of ending inventory that approximates the replacement cost of current inventory
The cost of ending inventory is roughly equal to the replacement cost of current inventory when using the FIFO, or first in first out, technique of inventory valuation. The inventory is valued using this method at the lesser of its historical cost and its current market value. This means that the inventory is written down to its market value if its current market worth is less than its previous cost.
Using the FIFO approach guarantees that the inventory is valued at a reasonable amount that takes into account the state of the market. This is crucial because, while an overvalued inventory position might lead to increased earnings and reduced taxes, it can also result in financial statements that do not accurately reflect a company's genuine financial situation.
Read more about FIFO on:
https://brainly.com/question/29438286
#SPJ4
If ashley worked for herself as a web designer and could get additional work that paid $18 per hour, how much would it be worth to her family (before taxes) each year, if she could free up 2 hours per week by having a washer and dryer at home?.
Answers
By having a washer and dryer at home, Ashley would be able to free up 2 hours per week that she could then use to take on additional work at $18 per hour, which would be worth $36 per week or $1,872 per year (before taxes) to her family.
The cost of an opportunity is the benefit that must be given up in order to pursue that opportunity. In this case, the opportunity is the additional work that Ashley could take on as a web designer, and the cost is the time she would have to spend on laundry if she didn't have a washer and dryer at home.
If Ashley worked for herself as a web designer and could get additional work that paid $18 per hour, and she could free up 2 hours per week by having a washer and dryer at home, it would be worth
$18 x 2 = $36 per week or
$36 x 52 = $1,872 per year (before taxes) to her family.
Learn more about cost of an opportunity: https://brainly.com/question/13036997
#SPJ4
When the auditors have decided to use statistical rather than nonstatistical sampling, a disadvantage is that:_________.
Answers
While the auditors have determined to use statistical as opposed to nonstatistical sampling, a downside is that: The charges of training personnel may be higher.
When the usage of a statistical sampling plan, the auditors would possibly require a smaller sample if the: favored chance of wrong recognition will increase.
Those consist of the expenses of coaching materials, equipment and time for formal training, and the price of a mentor's time if a mentoring gadget is in place.
Learn more about The charges of training personnel may be higher here
https://brainly.com/question/15713806
#SPJ4
three types of entrepreneurial opportunities in soweto ?
Answers
There are three main types of entrepreneurial opportunities in Soweto, which include starting a small business, franchising, and offering services.
Firstly, starting a small business is a popular entrepreneurial opportunity in Soweto. Many people have identified a gap in the market and started businesses such as food stalls, grocery stores, and beauty salons. These businesses cater to the needs of the community and provide a source of income for the owner.
Secondly, franchising is another option for entrepreneurs in Soweto. Franchises such as fast-food chains and retail stores have been successful in the area due to the high demand for convenience and affordable products. Franchising allows entrepreneurs to invest in an already established brand with a proven business model.
Finally, offering services such as laundry services, car washes, and cleaning services are also popular entrepreneurial opportunities in Soweto. These services cater to the needs of busy individuals who do not have the time or resources to complete these tasks themselves.
In conclusion, starting a small business, franchising, and offering services are three main types of entrepreneurial opportunities in Soweto. These opportunities provide a source of income for individuals and contribute to the growth and development of the local economy.
To know more about franchising visit :
https://brainly.com/question/29376853
#SPJ11
the loanable funds market is currently in equilibrium at a real interest rate of r1 . an increase in household savings will affect the loanable funds market in which of the following ways?
Answers
An increase in household savings will shift the supply curve to the right in the loanable funds market. This is because there will be more savings available to lend out at each interest rate.
As a result, the equilibrium real interest rate will decrease from r1 to a new lower rate, and the quantity of loanable funds exchanged will increase. Therefore, an increase in household savings will lead to a lower equilibrium real interest rate and a higher quantity of loanable funds exchanged in the loanable funds market.. The loanable funds market is currently in equilibrium at a real interest rate of r1. An increase in household savings will affect the loanable funds market in the following ways:
a. The supply of loanable funds will increase due to the rise in household savings.
b. As the supply of loanable funds increases, the real interest rate will decrease.
c. The decrease in the real interest rate will lead to an increase in the quantity of loanable funds demanded by borrowers.
d. A new equilibrium will be established at a lower real interest rate and a higher quantity of loanable funds.
An increase in household savings leads to a higher supply of loanable funds, a decrease in the real interest rate, and an increase in the quantity of loanable funds demanded.
To know more about loanable funds market visit:
https://brainly.com/question/29453063
#SPJ11
If the real interest rate in the united states increases relative to that of the rest of the world, capital should flow:.
Answers
If the real interest rate in the United states increases relative to that of the rest of the world, capital flow should increase.
What happens when the real interest rate increase?Real interest rate is the rate earned by those who give out their monies to businesses. The real interest rate has been adjusted for inflation.
When the real interest rate increases, the return earned by investors increase. This would encourage investors to increase their investment in the United States. As a result, capital flow should increase.
To learn more about interest rate, please check: https://brainly.com/question/26500076
#SPJ1
Economists interested in price stability have established that the function p(t) = (Po-P.)e^k(0-A)^t+ Pe relates the current price of a commodity to the time t in months since it was initially priced at po dollars, where p, represents the equilibrium price of the commodity, and the numbers a and A are constants that depend on the supply and demand of the item. If the commodity was originally priced at $41 and the equilibrium price is $32 and k = 0.1 , a = 5, and A = 6, what is the expected price of the item 20 months after its initial pricing? Round to the nearest cent.
TIP Enter your answer as an integer or decimal number. Examples 3, 4, 5.5172 Enter DNE for Does Not Exist, on for Infinity Your answer should include exactly 2 decimal places.
Answers
The expected price of the commodity 20 months after its initial pricing can be determined using the given function p(t) = (Po - P)e^(k(0 - A)t) + Pe.
Where Po represents the initial price, P is the equilibrium price, k is a constant, and a and A are additional constants. By substituting the given values (Po = $41, P = $32, k = 0.1, a = 5, A = 6) into the equation, we can calculate the expected price. Using the formula p(t) = (Po - P)e^(k(0 - A)t) + Pe, we substitute the given values as follows: Po = $41, P = $32, k = 0.1, a = 5, A = 6, and t = 20. Plugging these values into the equation, we get p(20) = (41 - 32)e^(0.1(0 - 6)20) + 32. Simplifying the expression, we have p(20) = 9e^(-1.2) + 32.
Calculating the value inside the exponential term, we find e^(-1.2) ≈ 0.3012. Multiplying this by 9, we get 9 * 0.3012 ≈ 2.7108. Adding this to 32, we find the expected price after 20 months to be approximately $34.7108. Therefore, the expected price of the item 20 months after its initial pricing is $34.71, rounded to the nearest cent.
Learn more about equilibrium from here:
https://brainly.com/question/14594233
#SPJ11
One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answers
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
You have decided to continue on with licensing your business to a firm in India. Much to your surprise, the Indian government has announced that it intends to enact local content law requirements. How will this impact the production of your products?
Answers
Answer:
You are not supposed to be allowed to import solar kits through India.
Explanation:
By laws requiring a predetermined reserve marketplace of providers for foreign operators to purchase from, local sourcing laws therefore will inevitably establish circumstances that are favorable to corruption and fraud. That was because regulations on local content enable businesses to use the very goods as well as products manufactured throughout the home economy and don't use imported products.Joel takes out a loan with a stated rate of 11. 85% interest. If the interest is calculated weekly, how much greater is Joel’s effective rate than his stated rate? a. 0. 72 percentage points b. 0. 52 percentage points c. 0. 70 percentage points d. 0. 67 percentage points.
Answers
The correct statement is that Joel's effective will be greater than 0.25 percentage points. So, the correct option for the statement is not given in the options above.
Nominal rate of interest can be calculated by the way of using the given information into the derived formula and comparing with such effective rate of interest.
It has been given that the nominal rate of interest is 11.85% which can also be written as 0.1185. So putting the values in the following formula by assuming that the loan was taken for one year. \(\rm Effective\ Rate\ of\ Interest= (1+ \dfrac{i}{m})^r^n-1\\\\\\\rm Effective\ Rate\ of\ Interest= (1+ \dfrac{0.1185}{52})^0.1185^ x\ ^1-1\\\\\\\\\rm Effective\ Rate\ of\ Interest= (1+0.0022)^5^2\)Calculating further we get, \(\rm Effective\ Rate\ of\ Interest= 1.1210596389784-1\\\\\\\rm Effective\ Rate\ of\ Interest=0.121\)Now comparing the nominal rate with the effective rate of interest we can conclude that the difference is greater than by 0.25 percentage points.Hence, the correct option is that the effective rate for Joel is greater by 0.25 percentage points and no option in the statements quoted above is correct.
To know more about rate of interest, click the link below.
https://brainly.com/question/4626564
Stephanie makes $ 16.89 working at chipotle. she works 40 hours a week. calculate his net salary after deducting 6.2% or (0.062) for social security deduction and 2.9% or (0.029) for medicare deduction. what is her net pay?
Answers
If Stephanie makes $ 16.89 per hour at Chipotle, her net compensation would be $431.25. After subtracting 6.2% or (0.062) for social security deduction and 2.9%, she works 40 hours each week for his net pay.
net pay = $(105.75+325.50)
In the United States, the Old-Age, Survivors, and Disability Insurance (OASDI) program, which is operated by the Social Security Administration (SSA), a federal agency, is referred to as "Social Security." Although its retirement benefits are its most well-known feature, it also offers income for injured workers and survivor benefits.
At the end of September 2022, more than 70.4 million Americans were receiving benefits. Let's examine how Social Security functions and how much money you might anticipate receiving from it. If Stephanie makes $ 16.89 per hour at Chipotle, her net compensation would be $431.25. After subtracting 6.2% or (0.062) for social security deduction and 2.9%, she works 40 hours each week for his net wage.
Learn more about compensation here
https://brainly.com/question/28250225
#SPJ4
Accounts receivable are reported in the current assets section of the balance sheet at:.
Answers
Accounts receivable are reported in the current assets section of the balance sheet at their net realizable value (NRV). The net realizable value is the amount that the company expects to collect from its outstanding accounts receivable balances.
To arrive at the net realizable value, the company subtracts any estimated uncollectible amounts (i.e., bad debts) from the total accounts receivable balance.
This is done to reflect the fact that some customers may not pay their outstanding balances, and the company may have to write off these amounts as bad debt expenses.
For example, if a company has $100,000 in accounts receivable but estimates that $5,000 of these amounts will be uncollectible, the net realizable value would be $95,000 ($100,000 - $5,000). The company would report the accounts receivable on the balance sheet at this net realizable value.
To know more about balance sheet refer to-
https://brainly.com/question/26323001
#SPJ11
hich aspect of Argentina's economic environment are international businesses most likely to perceive as attractive? a. Infrastructure b. Natural resources c. Educational system d. Economic system
Answers
Argentina's economic environment is one that international businesses are likely to find infrastructure.
A is the correct answer.
What is the foundation of Argentina's economy?Agriculture, forest management, and fishing are all important industries. Argentina is a major exporter of soybeans, wheat, and meat in the world. It is also a major producer of wool as well as wine, though the majority of its champagne is gobbled up indigenously.
What distinguishes Argentina's economy?Argentina has distinct competitive benefits in agriculture due to the country's abundance of highly agricultural farmland. Among 1860 and 1930, extraction of the rich pampas land drove economic growth.
To know more about infrastructure visit:
https://brainly.com/question/14527131
#SPJ1
A small island country has recently begun an initiative aimed at attracting more businesses to revitalize the economy. An increase in bed and breakfasts, resorts, casinos, hotels, and restaurants has created several jobs, as well as brought in more tourist dollars. However, the island’s president isn't satisfied and has announced a special effort to attract small- to medium-size suppliers and manufacturers. Why do you think he wants to put additional emphasis on businesses that produce goods rather than provide services?
Service jobs have higher salaries than manufacturing jobs.
Manufacturers pay more in taxes.
Manufacturing has the most significant multiplier effect.
Service businesses conflict with manufacturing.
Answers
Option (b) Manufacturing has the most significant multiplier effect.
Manufacturing is the basic to produce any product or to start any business. As in the case study we studied small island country has taken initiative to attract more and more business. On the other hand, president has announced a special effort to attract small- to medium suppliers and manufactures because to firstly balance everything in the economy like reduce unemployment, providing proper wages so that workers would encourage to perform best in their fields.Once the everything is balanced then it can lead to hike in the economy.Learn more about this here-
brainly.com/question/27990398
#SPJ10
How does a command economy differ from a mixed market economy? 1. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights. 2. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights. 3. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property. 4. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answers
Answer: In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights. A command economy is one in which the government has almost complete control of property, businesses, and the economy in general.
Explanation:
which of the following will definitely increase equilibrium quantity?
Answers
Changes in consumer preferences, decreases in production costs, increases in income, and improvements in technology can all increase the equilibrium quantity of a good or service.
In economics, equilibrium quantity refers to the quantity of a good or service that is produced and consumed when the demand and supply are in balance. Several factors can increase the equilibrium quantity:
Changes in consumer preferences: When consumer preferences for a particular good or service increase, the demand for that good or service will increase, leading to an increase in the equilibrium quantity.Decreases in production costs: If production costs decrease, producers can supply more of the good or service at each price level, resulting in an increase in the equilibrium quantity.Increases in income: An increase in income can lead to an increase in the demand for certain goods or services, thereby increasing the equilibrium quantity.Improvements in technology: Advancements in technology can improve production efficiency, allowing producers to supply more of the good or service, leading to an increase in the equilibrium quantity.Learn more:About increase equilibrium quantity here:
https://brainly.com/question/14240815
#SPJ11