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2 years ago

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This type of investment typically has a greater long-term-rate of return than a

1 answer:

andrezito [222]2 years ago

8 0

A Stock investment typically has a greater long-term rate of return than a savings account.

<h3>What is a Stock?</h3>

A stock is basically a financial investment that represents fractional ownership of a company or business. In other words, holding a company stock implies you own a percentage share of the business's potential success.

Hence, since there are many guiding factors that could make a once small company into a big company in the future, such as experiencing increased investor interests, etc, it thus makes a stock investment have a greater long-term rate of return than a savings account.

You can learn more about the investment types here brainly.com/question/3729664

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True or False. A single working person may claim themselves as a dependent.

slamgirl [31]

Answer: I think it’s false

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2 years ago

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Answer:

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

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Explanation:

an increase in the real money

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an increase in investment

spending, and an increase in

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an increase in the real money

supply, a decline in interest rates,

an increase in investment

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an increase in the real money

supply, a decline in interest rates,

an increase in investment

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an increase in the real money

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5 0

2 years ago

Blue Spruce Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivab

dedylja [7]

Answer:

The adjusting journal entry would be:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation of the entry:

Allowance for doubtful debts at the end of the year = $402,000 × 2% = $8,040

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Allowance for doubtful accounts = $8,040 - $2,723 = $5,317

The Allowance for Doubtful Accounts presently has a credit balance of $2,723 and allowance for doubtful debt at the end of year is $8,040, you need to enter an additional credit amount of $5,317 into the Allowance for Doubtful Accounts. The other part of this adjusting entry will be a debit of $5,317 to Bad Debts Expense.

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2 years ago

Camilo and Isa have three children all under the age of ten. The two youngest children, who are three and five years old, attend

tangare [24]

Answer:

The correct option is B

Explanation:

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And as per rules, the amount which can be claimed for 1 dependent is $3,500 and for two or more dependent, the amount is maximum to $7,000. So, the amount spent on the 2 youngest children is $3,500 whereas amount spent on the oldest children is $1,000. Therefore, the aggregate amount is $4,500 ($3,500 + $1,000), which can be used for determining the dependent and child care credit.

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2 years ago

you need a 20-year, fixed-rate mortgage to buy a new home for $210,000. Your mortgage bank will lend you the money at a 7.1 perc

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= 1,000 * ( ( 1 + 7.1/ 12%) ²⁴⁰ - 1) / 7.1/12%

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= $337,869.73

3 0

3 years ago