All categories

1 year ago

The relationship between wealth accumulation and risk tolerance is referred to as what?

Business

1 answer:

kati45 [8]1 year ago

4 0

The relationship between wealth accumulation and risk tolerance is referred to as empirical results.

The methodical and disciplined process of acquiring assets in order to accomplish specific important objectives is known as wealth accumulation. Without a defined objective, wealth growth is similar to wealth hoarding in that it increases tension and anxiety.

The degree of risk an investor is willing to take is known as risk tolerance. Investors are typically questioned in order to determine their risk tolerance. Assessing their time horizon, assets, and need for income could be part of this.

Risk tolerance typically rises as money increases but declines as people get older. Personal experience and local trust both have a big impact. For high-income households, this influence on risk tolerance is especially pronounced. Risk tolerance is not much impacted by current social security.

To learn more about Risk Tolerance refer to:

brainly.com/question/20701963

#SPJ1

You might be interested in

Robots

inysia [295]

Based on the PPC given, the points given would represent the following:

Point B = Efficient use of resources.
Point X = Impossible use of resources.
Point A = Underutilized resources.

<h3>What do points on the PPC represent/</h3>

Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.

Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.

Options to describe the points:

Efficient use of resources
Under utilized resources
Economic growth
Trade-off
Opportunity cost

Find out more on the PPC at brainly.com/question/2617319.

#SPJ1

3 0

1 year ago

Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collect

dangina [55]

Answer:

The correct option : B. Cost = $ 130.00 + $ 5.90 x Machine - hours

Explanation:

Let's use the following method to solve the given problem

Now applying the high-low method of cost estimation,

High => November, 5,300 machine hours

Low => March, 2,300 machine hours

Arranging it in a simultaneous equations for total cost:

We can let fixed cost per month to be F, and the variable cost per machine -hour be V, and the number of machine-hours be Q.

Therefore

Total cost = F + VQ

High => F + 5,300Q = $ 31,400

Low => F + 2,300Q = $ 13,700

Subtracting Low from High, we have 3,000Q = $ 17,700 or Q = $ 5.90 per machine hour ................equation one

F = $ 13,700 - ( 2,300 x $ 5.90) = $ 130......................................................................equation two

6 0

3 years ago

An investment offers a total return of 15 percent over the coming year. Janet Jello thinks the total real return on this investm

Sonbull [250]

Answer:

6.78%

Explanation:

Data provided in the question:

Total return i.e nominal rate = 15% = 0.15

Real return = 7.7% = 0.077

Now,

Inflation rate = $\frac{\textup{1 + Nominal rate}}{\textup{1 + Real return }}$ - 1

on substituting the respective values, we get

Inflation rate = $\frac{\textup{1 + 0.15}}{\textup{1 + 0.077}}$ - 1

Inflation rate = [ 1.15 ÷ 1.077 ] - 1

Inflation rate = 0.0678

Inflation rate = 0.0678 × 100% = 6.78%

6 0

3 years ago

How will a new front desk manager address a problem of lateness in a hotel.

Leya [2.2K]

Answer:

They will have a system like a lot book where they would take in the visitors details and then Mark in or out and time of arrival and leaving

Hope this helps :)

Explanation:

5 0

3 years ago

Sheffield Corp. purchased machinery for $381,150 on January 1, 2018. It is estimated that it will have a useful life of 10 years

aniked [119]

Answer:

Accumulated depreciation balance on 31 December 2019 = $73,326

Explanation:

Total Cost of the machine = $381,150

Salvage value = $18,150

Therefore value to be depreciated = $381,150 - $18,150 = $363,000

Life of asset = 10 years.

Units to be produced = 290,400

Working hours = 25,000

Under the units of output activity method the asset shall be depreciated based on output, but here the output of machinery is 25,000 hours in its life thus, depreciation shall be charged based on number of hours and not on units.

Therefore accumulated depreciation on December 31 2019 shall be based on total hours of 2018 and 2019

= 2,650 + 2,400 = 5,050 hours

Depreciation = $\frac{363,000}{25,000} \times 5,050 = $73,326$

Accumulated depreciation balance on 31 December 2019 = $73,326

5 0

3 years ago