Answer:
Both mutual funds and money market funds are similar in the sense that they pool money from several investors in a variety of instruments. The difference is that money market funds pool the money in very liquid, short-term securities, while mutual funds do the same but in less liquid, longer-term securities.
The 63-year-old neighbor should therefore split the money around 60/40, 60% of the funds for mutual funds, in order to have long-term security, and 40% in the money market funds, in order to have quick cash available when needed.
Answer:
Determine the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation:
Total non-cash assets = 300,000
Less: Balance needed from non-cash assets = 95,000
($90,000 - $15,000 - $170,000)
Adjusted non-cash assets = 205,000
Less: Liquidation expenses = 15,000
Balance of non-cash assets = 190,000
Hence, the the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation would be any amount in excess of $190,000.
Answer:
see below
Explanation:
1. Division of labor develops an individual’s creativity... <u>False, </u>division of labor involves repeating the same tasks, which created monotony and kills creativity.
2.Specialization can be applied go all productive activity... <u>True, </u>Specialization involves concentrating on a specific skill, activity, or production process,
3. Specialization produces sameness of products... <u>True, </u>same employees using the same processes in production will most likely have the same outcome.
4. Cost per unit is reduced with specialization... <u>True, s</u>pecialization increase efficiency leader in lowering cost per unit.
Answer:
The statement is: True.
Explanation:
Scarcity is the basic economic problem by which individuals have unlimited needs counting only with finite resources to fulfill them. In front of this scenario, individuals must make trade-offs meaning the satisfaction of some needs must be given up in part so other needs can be satisfied simultaneously.
If corn is scarce in Kernaland, the first step its inhabitants must take is to ration corn before its exploitation reduces the corn crops even more.