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2 years ago

Explain why diversification is such an important concept when it comes to investing for your future.

1 answer:

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Answer:When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.

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Which scenario describes the highest level of productivity?

Anna35 [415]

Answer:

B. Producing 50 shoes using resources that cost $25

Explanation:

Productivity is described as a measure of efficiency. An increase in efficiency results in an increase in productivity. Productivity is the efficient use of resources. It is the ability to give more output using fewer resources.

An increase in productivity is an increase in production using proportionate fewer resources. In this case, producing 50 shoes with resources of $25 is the most efficient way of using resources from the list produced.

4 0

3 years ago

Read 2 more answers

-Ricky Ripov’s Pawn Shop charges an interest rate of 15.25 percent per month on loans to its customers. Like all lenders, Ricky

MAVERICK [17]

Answer:

183.00%

449.15%

Explanation:

The computation of annual percentage rate and the effective annual rate shown below:

Annual percentage rate is

= Interest rate per month × Total Number of months in a year

= 15.25% × 12 months

= 183.00%

The effective annual rate is

= (1 + nominal interest rate ÷ periods)^ number of period - 1

= (1 + 15.25% ÷ 12)^12 - 1

= 449.15%

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3 years ago

Keenan owns a retail store. He often receives payments from some of his manufacturers to ensure their products are placed in the

Serjik [45]

Answer: Slotting allowances

Explanation:

The slotting allowances is the term which is used to charge by the manufacturers for the specific products and the services ion the market. It is also known as the slotting fee and the charged allowances is specifically varies or depend upon the specific products and the different marketing conditions.

According to the given question, the slotting allowances is refers as the payment that is made by the producers for ensuring their goods and the services best place.

Therefore, Slotting allowances is the correct answer.

3 0

3 years ago

Exercise 8-9 Colaw Stores accepts both its own and national credit cards. During the year, the following selected summary transa

Mandarinka [93]

Answer:

The Journal entries with their narration is given below:-

Explanation:

The Journal entry is shown below:-

1. Account receivables Dr, $22,200

To Sales $22,200

(Being sales is recorded)

2. Cash Dr, $6,048

Service charge expense Dr, $252

($6,300 × 4%)

To Sales $6,300

(Being credit card sales is recorded)

3. Cash Dr, $11,600

To accounts receivable $11,600

(Being cash is recorded)

4. Accounts receivable Dr, $364

($22,000 - $11,600) × 3.5%

To Interest revenue $364

(Being finance charges is recorded)

5 0

3 years ago

What economic system is demonstrated by the work at the New York Stock Exchange?

Alja [10]

Strong feeling its Capitalism.

6 0

3 years ago