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sveticcg [70]
2 years ago
7

You have older parents who have been saving for retirement for decades. They are now getting close to retirement age and are loo

king at their options. One would like to leave everything in the pension fund and draw out a fixed, unchangeable amount over their retirement time. Your other parent wants to take out a chunk of retirement funds and purchase a business and use the profit from it to generate funds on which to live. You have noticed that inflation over the last year is on a rapid rise. What would you advise your parents to do based on what you know of inflation and its redistribution of purchasing power
Business
1 answer:
Elis [28]2 years ago
6 0

Based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by <u>purchasing a business</u>.

<h3>How does inflation redistribute purchasing power?</h3>

Inflation redistributes purchasing power by giving less value to lenders and savers than to borrowers and investors.

The purchasing power of a fixed money plan decreases.  On the other hand, the purchasing power from variable investment changes with inflation.

A business would also increase its value over time more than a fixed investment.

Thus, based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by <u>purchasing a business</u>.

Learn more about inflation and purchasing power at brainly.com/question/16467725

#SPJ12

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Explain the technique to make change in counter transactions correctly.
dem82 [27]

Answer:

The correct ways to prepare a customer's change over the counter are:

Explanation:

1. In the cash drawer, store each denomination together in a section

2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.

3. Deduct the total price of goods bought from the total amount handed to you by the customer.

4. The result from the above calculation is the customer's change.

5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.

6. Carefully replace the shifted bills or coins in the drawer.

7. Place your hands on the desk or in sight of the customer and count the change for them to see.

8. Hand it over to the customer!

8 0
3 years ago
The mars climate orbiter crashed on the surface of mars becausea. one program output thrust in terms of foot-pounds, and another
klasskru [66]

Answer:

The correct answer is A. The Mars Climate Orbiter crashed on the surface of Mars because one program output thrust in terms of foot-pounds, and another program expected thrust to be expressed in terms of newtons.

Explanation:

The Mars Climate Orbiter was NASA’s unsuccessful mission to study the Martian climate, part of the Mars Surveyor 98 program. The MCO was created as a satellite-translator for the Mars Polar Lander lander, and after the latter ceased to function, it was supposed to study the Martian climate.

The Mars Climate Orbiter was destroyed when a navigation error caused the probe to be improperly elevated as it entered orbit. The vehicle was destroyed by the friction and stresses in Mars' atmosphere. An investigation showed that some data for the rocket system were calculated in English units (pound-force-second) while the navigation team expected SI units (Newton-second).

6 0
4 years ago
If an investment is considered “volatile”, it means...
Andru [333]

If an investment is considered “volatile”, it means the value of the investment may be hard to predict.

Further Explanation:

Volatile:

Financial exchange instability is ostensibly one of the most misjudged ideas in contributing. Basically, instability is the scope of value change a security encounters over a given timeframe. On the off chance that the value remains generally steady, the security has low instability. Without instability, there is a lower danger of either.  

Investment volatility:  

volatility is a factual proportion of the scattering of profits for a given security or market list. Much of the time, the higher the unpredictability, the more dangerous the security. Instability can either be estimated by utilizing the standard deviation or fluctuation between comes back from that equivalent security or market file.  

volatility is Important For Investors:  

Numerous speculators understand the securities exchange is an unstable spot to contribute their cash. The every day, quarterly and yearly moves can be emotional, yet it is this instability that additionally creates the market returns financial specialists experience.

The most volatile stocks:  

Along these lines, right away, here are the three most unpredictable stocks today.  

• Volatile Stock 1: Nvidia (NVDA)  

• Volatile Stock 2: Devon Energy (DVN)  

• Volatile Stock 3: Freeport MC Moran (FCX)  

• Bottom Line on the Most Volatile Stocks Today.  

Subject: business

Level: High School

Keywords: Volatile, Investment volatility, volatility is Important For Investors, The most volatile stocks.

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7 0
4 years ago
Read 2 more answers
A company sells 15,000 units of its single product annually. Annual revenues are $450,000, variable costs are $315,000, and fixe
valentinak56 [21]

Answer:

Decrease in profit = $9,000

Explanation:

The impact on the profit would be the sum of the increase in contribution from the special order less the lost contribution by forgoing the standard order.

Accepting the special order of 3,000 units would mean losing standard contribution on 2,000 units from the current sales unit of 15,000. Remember the company only has excess capacity of 1, 000 units i.e (16000-15,000) So, the additional 2,000 units would need to be forgone at standard price.

Variable cost per unit = 315,000/15,000 = $21

Standard selling price = 450,000/15,000 = $30

Special order price = $24

                                                                                                          $

Additional contribution from special order = (24-21) × 3,000 =  9,000

Lost contribution from forgoing standard order (30-21) × 2000 =(<u>18,000)</u>

Decrease in profit                                                                          <u> (9,000)</u>

By accepting the special order, the company would lose $9,000 of its profit

7 0
3 years ago
The team raises concerns about the volume of bags they have compared to smaller regional airports. Specifically, Sophia mentions
Hitman42 [59]

Answer:

The correct answer is letter "A": negative inequity.

Explanation:

John Stacey Adams proposed the Equity Theory stating wages and work conditions are not the only factors that motivate employees at work. According to Adams worker look for a balance between their inputs such as effort, skills, abilities or commitment and outputs like recognition, reputation, praise or job security.

Negative inequity arises when individuals feel their outputs are undervalued in regards to their inputs and positive inequity when the outputs overvalue the inputs. Then, <em>Sophia is feeling negative inequity since she believes it is necessary to work harder (effort) so the workload of her team (output) can be increased compared to smaller regional airports.</em>

7 0
4 years ago
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