Answers
Hi, you've asked an incomplete question. Answered from a general business perspective.
Explanation:
Note, a firm may measure its overall performance using some of the metrics below:
amount of sales in dollarsthe total cost of production,production capacity, etc.Only when the firm's suppliers are reliable, affordable, and efficient, would the firm be able to meet their product demand.
Related Questions
Why should speakers deliver the first sentence of her presentation for memory ?
Answers
A source document will contain all of the information except
A. Date
B. Name of seller
C. credit card number of the buyer
D. time of the transaction
Answers
Answer:
C.
Explanation:
Hope it helps
Answer:
C
Explanation:
It never gives the credit card number of the buyer. Sometimes, the last four digits are given, but not the full credit card number.
Leia just read that the national debt owed by the federal government is at an all-time high. (Explain any possible impact on the federal government from unexpected inflation.)
Answers
Answer:
If the government of the country where Leia is from has a national debt at an all-time high, and at the same time, unexpected high inflation hits, the situation for the government can become extremely dire.
This is because high inflation will lower the value of the domestic currency, which is probably not the currency in which most of of the debt is owed. The proportion of the national debt that is owed in foreign currency will then become more expensive, because more units of domestic currency will be needed to exchange for the foreign currency, rendering the cost of the national debt a lot higher.
Temperature and Chemicals are used in which process?
Answers
Answer:
Cooking
Explanation:
because cooking use heat. heat is a temperature and chemicals is gas.
Goodies (Pty) Ltd is a retailer of children's toys. The Management Accountant created the sales budgets for the last four months of the financial year ended December 2023. The budget is presented below: Month Cash Sales Credit Sales Total Sales September R 60 000 450 000 510 000 October R 50 000 500 000 550 000 November R 70 000 420 000 490 000 December R 30 000 510 000 540 000 Additional information: Collections regarding credit sales are as follows: . 50% in the month of the sale and is therefore subject to a 4% settlement discount. 25% one month after the month of sale. 20% two months after the month of the sale and the remainder (5%) is uncollectable. Goodies (Pty) Ltd's inventory requirements are 25% of the next month's total budgeted sales amount. Inventory is purchased in the month preceding its expected sale. All inventory purchases are made on credit. The suppliers' terms of payment require that 40% be paid in the month of purchase and the balance (60%) be paid in the month after the month of purchase. Direct wages amount to R15 000 per month. Wages are all paid in cash as they occur. January 2024 sales are expected to comprise of R550 000 credits sales and R30 000 cash sales. The bank is expected to be in an overdraft of R42 000 on 31 October 2023. Selling, distribution, and administrative costs are expected to be 50% of the monthly total sales and include depreciation of R25 000 per month.
prepare a cash budget for Goodies (Pty) Ltd for the months of November 2023 and December 2023.
show all workings
Answers
Based on the cash budget, Goodies (Pty) Ltd is expected to have a bank overdraft of R105 000 at the end of November, which will increase to R241 000 at the end of December.
To prepare the cash budget for Goodies (Pty) Ltd for the months of November and December 2023, we need to take into account the following information:
Sales (cash and credit) for each month
Collections from credit sales
Purchases of inventory
Payments for inventory purchases
Direct wages
Selling, distribution, and administrative costs
Depreciation
Bank overdraft
Using this information, we can prepare the cash budget as follows:
Goodies (Pty) Ltd
Cash Budget for November and December 2023
November December
Cash receipts:
Cash sales R 70 000 R 30 000
Collections from credit sales:
Month of sale R 225 000 R 255 000
1 month after sale R 105 000 R 84 000
Total cash receipts R 400 000 R 369 000
Cash disbursements:
Inventory purchases R 137 500 R 137 500
Direct wages R 15 000 R 15 000
Selling, distribution, and administrative costs R 245 000 R 270 000
Payments for inventory purchases:
Month of purchase R 55 000 R 82 500
1 month after purchase R 82 500 R -
Total cash disbursements R 535 000 R 505 000
Net cash flow (R 135 000) (R 136 000)
Opening bank balance R 30 000 R (105 000)
Closing bank balance R (105 000) R (241 000)
Bank overdraft R (105 000) R (241 000)
Workings:
Collections from credit sales:
Month of sale: 50% of credit sales = (50% x R450 000) + (50% x R420 000) = R435 000
4% settlement discount: 4% x R450 000 = R18 000
Total collections from credit sales in November: R435 000 - R18 000 = R417 000
Total collections from credit sales in December: R420 000 x 50% = R210 000
Purchases of inventory:
December inventory required: 25% x R550 000 = R137 500
Payments for inventory purchases:
November purchases: 40% x R137 500 = R55 000
December purchases: 60% x R137 500 = R82 500
Selling, distribution, and administrative costs:
November: 50% x R490 000 = R245 000
December: 50% x R540 000 = R270 000
Net cash flow:
November: Total cash receipts - Total cash disbursements = R400 000 - R535 000 = (R135 000)
December: Total cash receipts - Total cash disbursements = R369 000 - R505 000 = (R136 000)
Based on the cash budget, Goodies (Pty) Ltd is expected to have a bank overdraft of R105 000 at the end of November, which will increase to R241 000 at the end of December.
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While conducting a SWOT analysis of an organisation, which question can help management brainstorm for the strengths section of the analysis a. What external changes present interesting possibilities for new products or markets b. What potential actions by competitors pose the biggest challenge c. What necessary skill do the organisation's employees currently lack d. What does the organisation offer that makes it stand out from the other organisations e. What external economic forces can affect the organisation's bottom line
Answers
The question that can help management brainstorm for the strengths section of the SWOT analysis is D. "What does the organization offer that makes it stand out from the other organizations?"
Why is this question good for SWOT Analysis ?This question is designed to identify the unique strengths or advantages that the organization possesses, such as its brand reputation, customer loyalty, intellectual property, or competitive advantages.
By focusing on what sets the organization apart from its competitors, management can identify key strengths that can be leveraged to improve performance, capitalize on market opportunities, and address potential threats. This is important in SWOT Analysis.
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question content area in the stockholders' equity section of a classified balance sheet, is a distinction is made between the amounts invested by owners and the amounts financed by creditors.
a. true
b. false
Answers
This statement is true. A difference is established in the shareholders' equity portion of a categorized balance sheet between amounts invested by owners and amounts funded by creditors.
The stockholders' equity section of a classified balance sheet is used to report the amounts invested by owners and the amounts financed by creditors. This distinction is important because it helps to show the financial position of the company and how much of the company's assets are owned by the owners and how much is owed to creditors. Stockholders' equity, also appertained to as shareholders' or possessors' equity, is the remaining quantum of means available to shareholders after all arrears have been paid. It's calculated either as a establishment's total means less its total arrears or alternately as the sum of share capital and retained earnings less storeroom shares. Stockholders' equity might include common stock, paid-in capital, retained earnings, and storeroom stock.
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Revenue bills can be proposed only by
Othe House.
O the Senate.
O the Speaker.
the President.
k
Answers
What was Indiana's total government expenditures in fiscal year 2018-2019? (1 point)
O $15.9 billion
O $11.9 billion
O$34.89 billion
O $34.11 billion
Answers
Indiana's total government expenditures in the fiscal year 2018-2019 is $34.89 billion. The correct option is C.
Public consumption, public investment, and transfer payments made up of capital transfers and income transfers (pensions, social benefits), collectively referred to as government expenditures, are all included in the definition of goods and services.
Fiscal policy is characterized as the strategy used by the government to carry out various economic policy goals through the use of taxation, public expenditure, and public borrowing.
Thus, the ideal selection is option C.
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A deposit of $1000 is made in a bank account that pays 24% interest per year compounded quarterly. Approximately how much money will be in the account after 10 years
Answers
Answer:
$10,285.72
Explanation:
In this scenario, we can use the compound interest formula to calculate the total after 10 years. The formula is the A = P * \((1 + r/n)^{nt}\)
where,
A = final value after interest
P = initial investment amount
r = annual interest rate in decimal form
n = number of time the interest is compounded based on t
t = total amount of time
In this case, the interest is compounded quarterly meaning 4 times a year, therefore we can plug all the values into the formula and solve for A
A = P * \((1 + r/n)^{nt}\)
A = 1000 * \((1 + 0.24/4)^{4*10}\)
A = 1000 * \((1.06)^{40}\)
A = 1000 * 10.2857
A = 10,285.72
Therefore after 10 years the account will have a total of $10,285.72
The demand for personal computers has been estimated to be Q = 500,000 – 700P +200I - 500S. Assume that per capita income I is $13,000 and the average price ofsoftware S is $400.When the price of personal computers is P = $3,000, the priceelasticity of demand is:________.a. –2.625b. –7.0c. –1.0d. –21.0e. –4.25
Answers
Answer:
The price elasticity of demand is: -2.625
Explanation:
Given
\(Q = 500000 - 700P +200I - 500S\) --- the demand
\(I =\$13000\) --- per capita income
\(S = \$400\) --- average price of software
\(P = \$3000\) --- price of computer
Required
The price elasticity of demand
Substitute values for I and S in: \(Q = 500000 - 700P +200I - 500S\)
\(Q = 500000 - 700P +200*13000 - 500*400\)
Collect like terms
\(Q = 500000 +200*13000 - 500*400- 700P\)
\(Q = 2900000- 700P\)
The price elasticity (n) is then calculated using:
\(n =\frac{P}{Q} * \frac{dQ}{dP}\)
\(Q = 2900000- 700P\)
Differentiate
\(\frac{dQ}{dP} = -700\)
Calculate Q when \(P = \$3000\)
\(Q = 2900000- 700*3000\)
\(Q = 800000\)
So, we have:
\(n =\frac{3000}{800000} * -700\)
\(n =-\frac{3000* 700}{800000}\)
\(n =-\frac{2100000}{800000}\)
\(n =-\frac{21}{8}\)
\(n =-2.625\)
The price elasticity of demand is going to be –2.625.
The equation has
Q = 500,000 – 700P +200I - 500S.
p = $3,000
I = $13,000
S = $400
We have to put in these values in the equation that we have here:
Q = 500,000 – 700*3000 +200*13000 - 500*400
= 800000
We have to find dQ/dP= 500,000+200*13000 - 500*400 – 700P
= 2900000-700p
= -700p
The price elasticity =
-700*3000/800000
= -2.625
The price elasticity = -2.625
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Simko Company issued $680,000, 5-year, 5 percent bonds on January 1, 2021. The bonds were issued for $620,000. Interest is payable annually on December 31. Using straight-line amortization, prepare journal entries to record (a) the bond issuance on January 1, 2021, and (b) the payment of interest on December 31, 2021.
Answers
The Simko Company's Journal Entries to record the following transactions are as follows:
a) Bond Issuance on January 1, 2021:
Debit Cash $620,000
Debit Bonds Discount $60,000
Credit Bonds Payable $680,000
To record the issuance of bonds at a discount.b) Payment of Interest on December 31, 2021:
Debit Interest Expense $46,000
Credit Discount Amortization $12,000
Credit Cash $34,000
To record the payment of interest and amortization of discount.Data and Calculations:
Bonds Face value = $680,000
Bonds Proceeds = $620,000
Bonds Discounts = $60,000 ($680,000 - $620,000)
Maturity period = 5 years
Coupon interest rate = 5%
Interest payment = annually on December 31
Amortization method = straight-line
Annual amortization = $12,000 ($60,000/5)
December 31, 2021:
Cash payment = $34,000 ($680,000 x 5%)
Discount amortization = $12,000
Interest Expense = $46,000 ($34,000 + $12,000)
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The least expensive type of marketing research method is a(n)
Answers
3.2.2 division of profits
Answers
The division of profits in a partnership happens based on a ratio that the partners agree to which is usually based on capital contribution.
How are profits divided in a partnership?In partnerships, the profit is divided according to a certain ratio that the partners would have agreed to in writing when they joined the partnership.
This ratio would often be based on the amount of capital that each partner brought to the firm. For instance, if Partner X gets 60% of the profits and Partner Y gets 40%, it most likely means that Partner X put up 60% of the capital.
Question is:
How are profits divided in a partnership?
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The chart describes four peoples credit histories. Which person is credit worthy?
Answers
The correct answer is Eesha
Explanation:
People are creditworthy if they are considered reliable payers, and therefore they are suitable to receive credits or loans. In general, a person is creditworthy if she/he has a positive credit history and owns assets because this indicates the person will pay the credit or loans.
In this context, Eesha is creditworthy because she displays a positive behavior in terms of credit because paying more than the minimum shows she will be interested in paying the credit in the shortest time possible, and therefore she is reliable for a credit. Also, other behaviors such as avoiding payments, paying only a few bills, etc. show the person is not creditworthy.
Question 8 of 10
Most applications will ask you to provide all of the following information
except.
OA. days and hours that you are available to work.
B. the date you can start work.
OC. how long you want to work for the establishment,
OD. your desired salary or wage.
SUBMIT
Answers
Most applications will ask you to provide all of the following information except C. how long you want to work for the establishment,
What is the essence of applications?Application can be described as the way o0f applying fo one job or the other in a paricular organization so that one can start job with tem.
It should be noted that during the application, there are different question that needed to be answered which could be differ from one organization to the other, such as days and hours that you are available to work as well as desired salary or wage in the organization.
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Which action would a government most likely take to reduce its
unemployment rate?
A. Increase spending to create government jobs
B. Cut off loans to businesses in order to reduce the money supply
C. Increase taxes on businesses that operate outside the country
D. Cut taxes on businesses that operate with very few workers
Answers
Option (a), The action that a government would most likely take to lower its unemployment rate is to increase expenditure to generate government jobs.
What would happen to the unemployment rate if government spending increased?Fiscal policy may lower unemployment by accelerating economic growth and total demand. The government will need to implement a broad budgetary policy, which calls for decreasing taxes and increasing general government spending.
Which government initiative has the most chance of reducing cyclical unemployment?To lower cyclical unemployment, policymakers should focus on raising output, which is best achieved by increasing demand. A fiscal strategy that is more expansive aims to increase government spending and decrease taxes in order to increase aggregate demand and economic growth.
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critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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The monthly demand for a part is 1,500 units.
(a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost.
Answers
Explanation:
Jhfhfnfbsnnfnf is a great place to work
Which of the following situations involves
professional literature?
An employee borrows an industry magazine
to read a story about a new machine in his
department.
An employee is coached by a supervisor on
a new machine in his department.
An employee takes an online course about a
new machine in his department.
Answers
Answer:
An employee borrows an industry magazine
to read a story about a new machine in his
department.
Explanation:
Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for _______ a. Desktop configuration b. Instant messaging c. USB drives
Answers
Answer:
B
Explanation:
Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for Instant messaging
Why should providers seek to minimise health plan rate differentials
Answers
Providers seek to minimize health plan rate differentials to prevent the market/business from being compelled to abandon plans with smaller reductions.
What is health plan ?Programs or organizations that offer health benefits in any way—directly, through insurance, through reimbursement, or in another way—are referred to as health plans. The following are just a few examples of health plans: a health insurance plan. a service benefit organization's contract.
An individual's care needs, the services they will receive to meet those needs, who will offer the services and when, and who will supply the services are all identified in a personal plan.
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Two companies are having a dispute over a broken real estate
contract. They argue the dispute in front of a neutral third
party, who makes a ruling in favor of one side. This is an
example of _____
O A. mediation
B. negotiation
C. arbitration
D. conciliation
Answers
Answer:
C. Arbitration
Explanation:
It heans to have an independent unbiased person settle a dispute
The two companies have a dispute over a broken real estate contract. They argue the dispute in front of a neutral third party, who makes a ruling in favor of one side. This is an example of arbitration. Thus option (C) is correct.
What is arbitration?Arbitration is a method of dispute resolution in which parties to a dispute agree to have their case heard and decided by one or more independent arbitrators, rather than by a court of law.
In arbitration, the arbitrators listen to evidence presented by both sides and make a binding decision based on the facts and the applicable law. Arbitration can be used to resolve a wide range of disputes, including commercial disputes between businesses, disputes between employers and employees, and disputes between individuals.
When the dispute of two companies is resolved by neutral third party is an example of arbitration. Therefore, option (C) is correct.
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Economics* IMPORTANT
What will most likely happen if Karla pays off her car loan early?
A. her credit score will increase
B. her interest rate will go up
C. her credit score will decrease
D. her credit score will stay the same
Answers
Answer:
It can actually hurt your credit score because open positive accounts can have a greater impact than closed ones.
if quantity demamded is completely unresponsive to changes in price ,demand is what?
Answers
Answer:
If quantity demanded is completely unresponsive to changes in price, demand is Perfectly inelastic.
Explanation:
Perfectly inelastic demand means that quantity demanded remains the same when price increases or decreases. Consumers are completely unresponsive to changes in price.
I hope it's helpful
PLEASE ANSWER ASAP: I NEED HELP
PLEASE DO NOT JUST ANSWER FOR THE POINTS, PLEASE ACTUALLY HELP!!!!!
Answers
The true about retirement savings withheld from employee paychecks. Workers don't have to pay taxes on it until they make account withdrawals, allowing for potential tax savings and the opportunity for the savings to grow over time. Option D.
Retirement savings withheld from employee paychecks typically refers to contributions made to retirement plans such as 401(k) or Individual
Retirement Accounts (IRAs). These contributions are deducted from an employee's paycheck before taxes are applied, which means they are made with pre-tax dollars. As a result, the contributions reduce the employee's taxable income in the year they are made, potentially lowering their overall tax liability.
The tax advantage of retirement savings withholding allows individuals to defer taxes on the contributed amount and any investment gains until they withdraw funds from their retirement accounts in the future.
This deferral allows the savings to potentially grow and compound over time without being taxed annually, providing a tax-efficient way to save for retirement.
It's important to note that option A, which suggests that retirement savings are always matched by the employer, is not universally true. While many employers offer matching contributions as part of their retirement benefits package, not all employers provide a dollar-for-dollar match.
The matching policy can vary widely, ranging from a percentage match to no match at all.
Option B, suggesting that the money withheld is not needed for retirement living expenses, is a generalization and may not hold true for all individuals. Retirement savings are intended to be used for future retirement expenses, and the amount needed will vary depending on an individual's retirement goals, lifestyle, and other factors.
Option C, stating that retirement savings withheld from paychecks is another way of making employers rich, is an oversimplification and does not accurately represent the purpose and nature of retirement savings. Retirement savings are primarily designed to help individuals build financial security and support themselves during their retirement years. Option D is correct.
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Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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What are the three sources of law levels? * O Local, State, Federal O Local, Federal, World O State, Federal, Military O Federal, World, Municipal
Answers
Answer: local, state and federal
Explanation:
The director decides to move forward to fix this issue.
"I'd like you to come up with a strategy to fix this misperception by consumers. I want this strategy to create an almost involuntary reaction in the consumer of thinking 'good-tasting cookie' whenever they see 'Cocoa Cremes'."
"I think once they learn and remember that the cookie brand stands for an enjoyable eating experience, we may see an increase in sales."
Which strategy would you recommend to the director?
Answers
You will recommend developing an advertising strategy that pairs image of people eating and enjoying cookies .
Elaborating:This is primarily due to the fact that the company is compelled to show customers a product commercial with two pictures of people eating and enjoying cookies bearing the brand name. which will undoubtedly recall the advertising campaign and brand name.
Every time they see advertising that uses the brand name, customers would be encouraged to try the product. Your brand's exposure through this strategy will undoubtedly result in increased sales. Customers will begin to view the brand in a more favorable light as a result of this positive influence.
Despite the fact that managers frequently employ both mental models, they frequently fail to recognize the differences. Additionally, decision-makers fall prey to mental pitfalls as a result of this lack of awareness. We can avoid falling into these traps and make better decisions if we understand backward and forward thinking.
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John feels that he owns an insignificant percentage of shares and he wants to sell his shares what otherwise would you offer him provide three points
Answers
If John purchased a minor share, he must replace it with other potentially profitable options.
What options does he have?There are several ways to invest in the financial market. The first is to buy a bond, also known as a fixed income security, in which he will receive interest along with the principal at maturity.
Second, he can analyse the market and find the best or most profitable share at the time, and then invest in that share to profit in the future.
He can also go to the option market, where he can pay a small amount of money as a premium or give the person the right to buy or sell the share in the future.
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