The equation that best represents the linear relationship in 2014 between the total quarterly sales (in millions), y, for full-service restaurants and the number of quarters, x, since the first quarter of 2014 is: y = 1,597x+ 63,0883. The correct answer is option A.
To determine the best equation that represents the linear relationship in 2014 between the total quarterly sales (in millions), y, for full-service restaurants and the number of quarters, x, since the first quarter of 2014, we need to evaluate the given options.
The correct equation is A) y = 1,597x + 63,0883.
Option A represents the linear relationship between y and x in 2014, with a coefficient of 1,597 for x and a constant term of 63,0883. This equation implies that for each additional quarter (x), the total quarterly sales (y) for full-service restaurants increase by 1,597 million. The constant term represents the starting point of the relationship.
Options B, C, and D have incorrect coefficients or incorrect signs in the equations, and they do not accurately represent the linear relationship between y and x.
Therefore, the equation that best represents the linear relationship in 2014 between the total quarterly sales for full-service restaurants and the number of quarters since the first quarter of 2014 is A) y = 1,597x + 63,0883.
The question should be:-
of the follwoing equations, which best mdoes the linear relationship in 2014 between the total quarterly sales(in millions), y, for full-service restaurants and the number of quarters, x, since the first quarter of 2014?
A) y = 1,597x+ 63,0883
B) y= 1,597x- 63,083
C) y= 63,083x+ 1,597
D) y= 63,083x- 1,597
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Characteristics of natural resources
Explanation:
the characteristics are as follows:-
1. Natural resources are useful, profitable and beneficial .
2. Natural resources have limited availability.
3. They are potential for depletion or consumption.
4. Natural resources are non-renewable sources in nature.
Theresa works as a Risk Management Specialist for an investment corporation. Which best describes her educational pathway?
an associate’s degree, then a bachelor’s degree
a master’s degree, then a vocational school
a vocational school, then an associate’s degree
a bachelor’s degree, then a master’s degree
Answer:
probably way too late for you but if anyone else is still searching for this answer, if it isn't b, it might be D. either way, vocational school in the answer doesn't sound quite right.
Theresa works as a Risk Management Specialist for an investment corporation. the best description for her educational pathway is a bachelor’s degree, then a master’s degree. Option D. This is further explained below.
What is education?Generally, education is simply defined as methodical teaching, particularly in a school or university setting.
In conclusion, Theresa works for an investing firm as a Risk Management Specialist. Her educational journey is best described as a bachelor's degree followed by a master's degree.
The Option D(a bachelor’s degree, then a master’s degree) can be the only path as the right steps are vocational school, bachelor's degree, Masters degree, then Associates degree.
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Which of the following is one of the primary responsibilities of the federal judicial branch?
Answer:
to judge if laws made by the legislative branch are constitutional
Explanation:
Answer:
to judge the constitutionality of laws
Explanation:
Let's say that the economy consists of 100 people. Each person is to divide 1 unit of time between work and leisure given the wage rate w (paid on the labor market). Each person also receives dividends of T. The final total profit of this firm is n. The person's utility function depends on consumption c and leisure I and it is assumed to satisfy u(c, l) = 0 ln(c) + (1 - 0) ln(l), where 0 € (0, 1). On the flip side of the market, there are firms who hire workers and produce output. The representative firm operates with a Cobb-Douglas production technology Y = 2K ¹N ², Z = total factory productivity K = fixed amount of capital. Each of these firm's employees receive a wage of w (total labor cost of the firm is equal to wN). The profit is then given back equally to the shareholder as dividend income. G=0 0=3,2=1, K = 1600. Let's say initially 1. Write the equation that will show relation between each person's dividend income and firms total profit П. 2. Write the consumers budge constraint and maximization problem. Plot these 3. Write down the maximization problem of the firm. 4. Write down the government budget constraint. 5. Find the equilibrium price w, allocations c, N
The equation T = П / 100 relates each person's dividend income (T) to the firm's total profit (П), distributing profit equally among the 100 individuals.
The consumer's budget constraint, c + w - T = 1, constrains consumption (c), wage income (w), and dividend income (T), while the maximization problem aims to optimize utility subject to the budget constraint. Firm maximization problem and equilibrium price w are not provided.
The equation T = П / 100 represents the relationship between each person's dividend income (T) and the firm's total profit (П). Since there are 100 people in the economy, the total profit is divided equally among them, resulting in each person's dividend income being equal to the total profit divided by 100.
The consumer's budget constraint, c + w - T = 1, defines the limitations on the individual's consumption (c), wage income (w), and dividend income (T). It states that the sum of consumption, wage income, and dividend income should equal 1 unit of time available to each individual, indicating that all income must be allocated between consumption, leisure, and other expenses.
The consumer's maximization problem involves maximizing the utility function u(c, l) = 0 ln(c) + (1 - 0) ln(l), where c represents consumption and l represents leisure. The objective is to find the combination of consumption and leisure that maximizes the individual's utility, subject to the budget constraint. By solving this problem, the optimal levels of consumption and leisure can be determined.
The information provided does not include the maximization problem of the firm, which would involve determining the optimal combination of inputs (capital and labor) to maximize output or profit based on the Cobb-Douglas production technology given.
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review the statements below and select the ones that are correct regarding the days' sales in inventory ratio. (check all that apply)
The physical count is used to bring the inventory balance in the Inventory account up to date.furthermore, The actual count is utilized to decide whether there has been any burglary, misfortune, harm or mistakes in stock.
How is Days Sales of Inventory calculated?
Days Sales of Inventory is calculated as follows:Days Sales of Inventory = COGS x (Average Inventory x 365).
What exactly is Days Sales of Inventory, or DSI?
A financial ratio known as days sales of inventory (DSI) depicts the average number of days it takes a company to sell its inventory, including work in progress goods.
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Which account would be credited when closing the account for fees earned for the year?
Income summary account would be credited when closing the account for fees earned for the year.
Income summary account reflects all the temporary accounts of a business received upon closing them at the end of every accounting period. It consists of all income statement revenue and expense accounts transferred at the end of an accounting period. The net amount into the income summary account is equal to the net profit or loss that the business incurred during the period.
The income summary account summarizes income and expenses arising from operating and non-operating activities. Thus, it is also termed as a revenue or expense summary account. In all, it is an intermediate account with the balances of the revenue and expenses.
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Among the key management skills, which do you think is the most important skill that a manager should possess?
Answer:
Good communication
Explanation:
Having good communication skills is probably the most important skill of all for managers to have. Unless you can properly communicate with those you supervise, the rest of the skills really won't matter.
Eduardo would like to find a job in the Marketing pathway of the Business, Management, and Administration career cluster. He attended his local community college and earned his associate’s degree. Which career choice is available to Eduardo given his highest level of education?
Advertising Manager
Sales Representative
Sales Manager
Marketing Manager
Answer:
B
Explanation:
On Edge
Answer:
B
Explanation:
no one cares about cheating
If a company receives $11,400 from a client for services provided, the effect on the accounting equation would be:________
If a company receives $11,400 from a client for services provided, the effect on the accounting equation would be: increase in assets and equity
What is accounting equation?
The accounting equation indicates that all assets of a company are financed from equity and liabilities, in essence, total assets are the same as the sum of equity and liabilities
assets=equity+ liabilities
A receipt of $11,400 for services provided would impact assets, in that cash would increase, which means assets would increase by $11,400 and also on the premise that such services were provided for cash, the sales revenue which flows into equity would also increase.
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e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
Answer:
I would use progressive commission sales, for example:
number of units sold sales commission
0 - 200 2%
201 - 400 2.5%
401 - 600 3%
601 - 800 3.5%
801 - 1,000 4%
This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.
According to the video, what do Financial Analysts analyze? Check all that apply.
financial records
travel distances
insurance claims
a company's competitors
fraud
Managers facing job candidates who lack team skills should do all of the following except ________. A) avoid hiring the job candidate B) hire the candidate, but assign them to tasks where teamwork is not important C) provide the candidate with the type of training that can help improve his or her ability to be a successful member of a team D) choose the individual with the best technical skills regardless of his or her ability to perform as a member of a team E) bring the candidate on board, but assign the individual to an area where teamwork is not a priority
Managers facing job candidates who lack team skills should do all of the following except avoid hiring the job candidate. The correct answer is option (A). it is tempting to simply avoid hiring someone who lacks team skills, it is not always the best solution.
Managers should recognize that team skills can be improved through training and coaching, and therefore they should provide the candidate with the type of training that can help improve his or her ability to be a successful member of a team. Additionally, it may be possible to hire the candidate and assign them to tasks where teamwork is not important, or to bring the candidate on board and assign the individual to an area where teamwork is not a priority.
However, managers should avoid choosing the individual with the best technical skills regardless of his or her ability to perform as a member of a team, as this can lead to long-term problems within the organization. Ultimately, managers should take a balanced approach that considers both the candidate's technical skills and their ability to work well as part of a team. Hence the right answer is option (A).
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.....................................hi
Answer:
Hi!! I hope you are great. Thanks for the pts...
Maverick Backpacks makes backpacks. They have a monthly fixed cost level of $50,000 and marginal costs of $3. 00 per backpack. They wholesale their backpacks for $10. 00 each. Calculate the breakeven point. What is their profitability at the following production levels: 5,000, 10,000 and 15,000 units per month?
The profitability at a production level of 5,000 backpacks per month is $15,000, at 10,000 backpacks per month is $20,000, and at 15,000 backpacks per month is $55,000.
To calculate the breakeven point, we need to find the production level at which the total revenue is equal to the total cost.
Let's denote the monthly production level by Q.
Total Revenue = Wholesale Price * Q = $10.00Q
Total Cost = Fixed Cost + Marginal Cost * Q = $50,000 + $3.00Q
At the breakeven point, Total Revenue = Total Cost. So we can set up the following equation
$10.00Q = $50,000 + $3.00Q
Solving for Q, we get
$7.00Q = $50,000
Q = 7,143 backpacks
Therefore, the breakeven point for Maverick Backpacks is 7,143 backpacks per month.
To calculate profitability at different production levels, we can use the following formula
Profit = Total Revenue - Total Cost
At a production level of 5,000 backpacks per month
Total Revenue = $10.00 * 5,000 = $50,000
Total Cost = $50,000 + $3.00 * 5,000 = $65,000
Profit = $50,000 - $65,000 = -$15,000
At a production level of 10,000 backpacks per month
Total Revenue = $10.00 * 10,000 = $100,000
Total Cost = $50,000 + $3.00 * 10,000 = $80,000
Profit = $100,000 - $80,000 = $20,000
At a production level of 15,000 backpacks per month
Total Revenue = $10.00 * 15,000 = $150,000
Total Cost = $50,000 + $3.00 * 15,000 = $95,000
Profit = $150,000 - $95,000 = $55,000
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2,372.14 margin of error +1−6% Suppose you lend your friend $8,248 today for the next 17 years. Your friend agrees to pay you 10.56% interest per year. Each year, your friend will pay all of the interest but none of the principal (simple interest). If you withdraw the money from an account that pays 5.42% interest a year compounded monthly, how much more/less money are you earning/losinfs by lending the money to your friend over 17 years (that is, how much more or less money will you have at the end of year 17)? Assume the entire principal is repaid. Enter losses as a negative number and gains as a positive. Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "\$" "," or any other formatting. Carry interim computations to at least 4 decimals.
By lending the money to your friend over 17 years at a simple interest rate of 10.56% per year, you will earn approximately $1,118.85 less compared to withdrawing the money from an account that pays 5.42% interest per year compounded monthly.
To calculate the difference, we can use the formula for the future value of a simple interest loan:
Future Value = Principal + (Principal * Interest Rate * Time)
For the loan to your friend, the principal is $8,248, the interest rate is 10.56%, and the time is 17 years:
Future Value from Friend = $8,248 + ($8,248 * 10.56% * 17) = $22,134.74
For the account with 5.42% interest compounded monthly, we can use the future value formula for compound interest:
Future Value from Account = Principal * (1 + Interest Rate/12)^(Time*12)
For the account, the principal is $8,248, the interest rate is 5.42%, and the time is 17 years:
Future Value from Account = $8,248 * (1 + 5.42%/12)^(17*12) = $23,253.59
The difference in earnings is:
Difference = Future Value from Account - Future Value from Friend
= $23,253.59 - $22,134.74
= $1,118.85
Therefore, you will have approximately $1,118.85 less by lending the money to your friend over 17 years.
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Currently, 3M Compary pays an annual dividend of $2.85 if the stock b weling for $75, what is the dividend yield? (Enter your answer os a percent rounded to 1 decimol place.) General Motors has a beta of 1.45. If the overall stock market increases by 4 percent, based on this information, how much should investors assume that General Motors will increase? (Enter your answer as a percent rounded to 2 decimal ploces.) Casper Energy Exploration reports that the corporation's assets are valued at $175,000,000, its liabilities are $60,000,000, and it has issued 11,500,000 shares of stock. What is the book value for a share of Casper stock? (Round your answer to 2 decimal places.)
The dividend yield for 3M Company is 3.8%.
Based on General Motors' beta of 1.45 and the overall stock market's increase of 4%, investors should assume that General Motors will increase by 5.8%.
The book value for a share of Casper stock is approximately $8.70.
To calculate the dividend yield, we divide the annual dividend by the stock price and then multiply the result by 100. In this case, the annual dividend is $2.85 and the stock price is $75.
Dividend yield = (Annual dividend / Stock price) * 100
Dividend yield = (2.85 / 75) * 100
Dividend yield ≈ 3.8%
The dividend yield for 3M Company is approximately 3.8%. This means that for every dollar invested in 3M stock, investors can expect a return of around 3.8 cents in the form of dividends.
The beta value of a stock measures its sensitivity to changes in the overall stock market. A beta of 1 indicates that the stock tends to move in line with the market, while a beta greater than 1 indicates a higher sensitivity.
To estimate the expected increase in General Motors' stock price, we multiply the market increase (4%) by the beta value (1.45).
Expected increase = Market increase * Beta value
Expected increase = 4% * 1.45
Expected increase ≈ 5.8%
Based on General Motors' beta of 1.45 and the overall stock market's increase of 4%, investors should assume that General Motors' stock price will increase by approximately 5.8%. This means that General Motors' stock is expected to outperform the market by around 1.8%.
To calculate the book value per share, we subtract the liabilities from the assets and then divide the result by the number of shares issued.
Book value per share = (Assets - Liabilities) / Number of shares issued
Book value per share = ($175,000,000 - $60,000,000) / 11,500,000
Book value per share ≈ $8.70
The book value per share for Casper stock is approximately $8.70. This represents the theoretical value of each share based on the company's assets and liabilities. It can serve as a benchmark for investors when evaluating the stock's potential value.
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A perfectly competitive firm is producing 10 units of output and sells the product for $5 per unit. At this level of output the average total cost is $4, the average variable cost is $3 and the marginal cost is $7. What should this firm do to maximize short-run profits?
The correct response is b) Decrease output until price is equal to marginal cost.
Since the marginal cost of production ($7) is currently higher than the marginal revenue ($5, which is equivalent to the price), the company is producing. By lowering output to the point where marginal cost and price are equal, the company can enhance profits. The marginal cost, or price of producing more, is the adjustment to the total cost that results from increasing the quantity produced. It can refer to an increase in output of one unit in specific circumstances, and it can also refer to the rate of change in total cost as output increases by a tiny amount. As seen in Figure 1, the total cost is expressed in dollars, whereas the marginal cost is expressed in dollars per unit. The marginal cost is the slope of the total cost, or the rate at which it rises with output. The average cost, which is the overall cost divided by the quantity of units produced, is distinct from marginal cost.
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A perfectly competitive firm is producing 10 units of output and sells the product for $5 per unit. At this level of output the average total cost is $4, the average variable cost is $3 and the marginal cost is $7. What should this firm do to maximize short-run profits?
a) Increase output until price equals average total cost.
b) Decrease output until price is equal to marginal cost.
c) Increase output until price equals marginal cost.
d) Leave output unchanged because price is greater than average total cost.
Please I need help!!
Answer:
A
Explanation:
Which of the following policy features allows an insured to defer current health charges to the following year’s deductible instead of the current year’s deductible?
A. Deferral provision
B. Carryover provision
C. Stop Loss provision
D. Corridor provision
The correct option is the B. Carryover provision. A carryover provision in an insurance policy allows an insured individual to defer current health charges to the following year's deductible instead of applying them toward the current year's deductible.
A deductible is a specified amount of money that an insured individual must pay out of pocket before their insurance policy starts covering the costs of a claim. It is a form of cost-sharing between the policyholder and the insurance company. Deductibles are commonly found in various types of insurance policies, such as health insurance, auto insurance, and homeowner's insurance.
When a claim is made, the deductible is subtracted from the total amount of the claim, and the insurance company pays the remaining balance, up to the policy's coverage limit. For example, if you have a $500 deductible on your car insurance policy and you file a claim for $2,000 in repairs, you would be responsible for paying the first $500, and the insurance company would cover the remaining $1,500.
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Which of the following represents a liability on a personal balance sheet?
A credit card debt represents a liability on a personal balance sheet.
A liability on a personal balance sheet refers to any financial obligation or debt that an individual owes to someone else. Credit card debt is a common liability for many individuals as it represents the amount of money owed to the credit card company for purchases made on the card.
A personal balance sheet provides a snapshot of an individual's financial situation by listing assets, liabilities, and net worth. Assets are everything an individual owns, such as cash, investments, and property. Liabilities, on the other hand, are debts and financial obligations, such as loans, credit card balances, and mortgages. The net worth is the difference between the total assets and total liabilities, representing the individual's overall financial health.
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how does marmite use product differentiation
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
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How much money a firm will borrow often depends on how long it takes to convert inventory into _______.
Answer:
How much money a firm will borrow often depends on how long it takes to convert inventory into revenue.
I hope this helps...
Have a nice day <3!
During 2022, its first year of operations as a delivery service, Flounder Corp. entered into the following transactions. Issued shares of common stock to investors in exchange for $137,000 in cash. Borrowed $55,000 by issuing bonds. Purchased delivery trucks for $63,000 cash. Received $18,000 from customers for services performed. Purchased supplies for $6,600 on account. Paid rent of $5,900 Performed services on account for $10,700. Paid salaries of $26,700. Paid a dividend of $11,500 to shareholders. 4. 5. 6. 7 8. 9. Using the following tabular analysis show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, see Illustration 3-4 for example.) Q Assets Accounts + Receivable Cash Supplies + Equipment (1) $ $ $ (2) (3) (5) (6) (7) (8) (9) $ $ $ Liabilities Accounts = Payable Bonds Payable Common + Stock + Equipment $ $ 1 Q $ $ $ $ uestion 1 OT Stockholders' Equity Retained Earnings Revenues Dividends Expenses - $ $
Performing services on account caused an increase in accounts receivable. Payment of dividends caused a decrease in retained earnings.
In 2022, Flounder Corp. entered into the following transactions: Issued shares of common stock to investors in exchange for $137,000 in cash. Borrowed $55,000 by issuing bonds. Purchased delivery trucks for $63,000 cash. Received $18,000 from customers for services performed.
Purchased supplies for $6,600 on account. Paid rent of $5,900 Performed services on account for $10,700. Paid salaries of $26,700. Paid a dividend of $11,500 to shareholders.Now, we will use the tabular analysis to show the effect of each transaction on the accounting equation.
AssetsAccounts + Receivable CashSupplies+ Equipment
(1)$18,000 $18,000
(2)$137,000 $137,000
(3)$55,000 $55,000
(5)$6,600 $6,600
(6)($63,000) ($63,000)
(7)$10,700 $10,700
(8)($5,900) ($5,900)
(9)($26,700) ($26,700)
Total$29,800 $157,000 $6,600 ($63,000) $129,400
LiabilitiesAccounts = PayableBonds Payable
Common + Stock + Equipment($6,600)($55,000)$137,000
Total($6,600) ($55,000) $137,000 $75,400
Stockholders' EquityRetained
EarningsRevenuesDividendsExpenses \($29,800$10,700$26,700($11,500)Total$29,800$10,700$26,700($11,500)$55,700\).
Explanation for changes to Stockholders' Equity in the far-right column: Issuance of Common Stock in exchange for cash caused an increase in cash and common stock. Purchase of delivery trucks for cash caused a decrease in cash and an increase in equipment.
Receiving $18,000 from customers for services performed caused an increase in accounts receivable.Purchase of supplies on account caused an increase in accounts payable. Payment of rent caused a decrease in cash.Payment of salaries caused a decrease in cash.
Performing services on account caused an increase in accounts receivable. Payment of dividends caused a decrease in retained earnings.
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multiple choice questionyour debt-payments ratio is 0.2, your gross pay is $2,800 per month and your take-home pay is $2,400 per month. what are your monthly debt payments?
The monthly debt payments would be $560.
To calculate the monthly debt payments, we multiply the gross pay by the debt-payments ratio. Given that the debt-payments ratio is 0.2 and the gross pay is $2,800 per month, the calculation is as follows:
Monthly Debt Payments = Gross Pay * Debt-Payments Ratio
Monthly Debt Payments = $2,800 * 0.2 = $560
Therefore, the monthly debt payments amount to $560.
It's important to note that the take-home pay does not directly affect the calculation of monthly debt payments since it represents the amount received after deductions. The debt-payments ratio is typically based on gross pay, as it provides a clearer picture of the individual's overall financial situation and ability to make debt payments.
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Catalina opens a fashion boutique with the money she inherited from her parents. She is successful in creating a strong brand image and a loyal customer base. In order to meet the increasing demands of her business, she hires a store manager. However, she finds it hard to let the manager make important decisions about the store. She often finds herself disagreeing with the manager's decisions, and in the process, she loses a lot of existing customers. Which of the following causes of small-business failure does this scenario best illustrate?
As Catalina often finds it hard to let the manager make important decisions about the store and finds herself disagreeing with the manager's decisions, and in the process, then, the causes of small-business failure that this scenario best illustrate is known as inability to cope with growth.
What is meant by small business?In a business organization, the term "small business" are often used to describe those privately owned corporation, partnership or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.
In an economy, the type of businesses are vital for the syste, because they provide opportunities for entrepreneurs and create meaningful jobs with higher job satisfaction than positions with larger, traditional companies.
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Explique la teoría del valor y de un ejemplo con algún bien o servicio de su uso cotidiano. (colombia)
Answer:
En economía, se habla de teorías del valor para indicar el conjunto de concepciones sobre la génesis y determinación del valor, como propiedad de las mercancías distinta del costo y lógicamente antecedente al precio, que constituye su manifestación fenomenal en esta perspectiva.
La economía política siempre ha tratado de responder a la pregunta: ¿de dónde viene el valor? Las respuestas fueron muy divergentes. Van desde la escasez de bienes disponibles, a su utilidad, a la necesidad de remunerar los factores productivos, incluido el capital y considerando su remuneración; - el beneficio - como recompensa por la abstinencia del capitalista, que puede permitirse renunciar al consumo para utilizar la propia riqueza de forma productiva, etc.
Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answer:
cost leadership/competitive advantage
how does the Competition Commission regulate competition in South Africa
Answer:
The commission can negotiate agreements with any regulatory authority to coordinate and harmonies the exercise of jurisdiction over competition matters within the relevant industry or sector, and ensure the consistent application of the principles of the act also, The Competition Commission (the Commission) is committed to promoting a competitive environment that is conducive to free flow of trade, efficiency and innovation that brings more choices and better quality and prices of goods and services to consumers.
Explanation:
Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
Which person would most likely want to invest all of his or her savings in a
hedge fund?
A. A retiree who is most interested in keeping her deposits safe
B. A student who wants his money to grow as quickly as possible
C. A teacher who would like to have a diversified set of investments
D. A doctor who wants to avoid paying taxes on retirement income
SUBMIT
Answer:
C. A teacher who would like to have a diversified set of investments