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1 year ago

An investment adviser representative may describe dollar cost averaging to a customer as:______

1 answer:

5 0

To buy a certain security using dollar cost averaging, an investor must make regular payments (let's say monthly) of a set dollar amount (let's say $100 per month).

<h3> What is dollar cost averaging?</h3>

The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.

Say you put $100 away each month. Your $100 will buy fewer shares when the market is up, but more shares when the market is down. While compared to what you would have paid if you had purchased all of your shares at once when they were more costly than the average, this technique may eventually lower your average cost per share.

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Sunland Company issued its 9%, 25-year mortgage bonds in the principal amount of $2,990,000 on January 2, 2006, at a discount of

sveticcg [70]

Answer:

Cash 2,839,000 debit

discount on BP 151,000 debit

Bonds Payabl*e 2,990,000 credit

--to record bonds issuance--

interest expense 275,140 debit

discount on BP 6,040 credit

cash 269,100 credit

--to record interest payment--

Explanation:

We will cacualte the cash outlay per interest paymenr

2,990,000 x 9% = 269,100 cash outlay

Then, we divide the discount over the life of the bond to knwo the depreciation:

amortization 151,000 / 25 = 6040

interest expense: 269,100 + 6040 = 275,140

As both, the amortization and cash putlay are fixed th interest entry repeats it selft each year.

4 0

3 years ago

A responsibility center in which the manager is held accountable for the profitable use of assets and capital is commonly known

Damm [24]

Answer:

The correct answer is letter "B": investment center.

Explanation:

Investment centers are units within a firm that generate their own revenue, reporting Financial Statements and Income Statements. Those benefits are eventually used in the diverse financing activities necessary for the corporation's processes. A typical example of an investment center is a department store of an entity.

5 0

3 years ago

Assume that you have been hired by a large international bank that is looking to develop a smartphone app to help college studen

wel

Answer:

Determining that smartphone apps and social media aps are important parts of a bank's future plans to reach young consumers. ⇒ <u>New Product Strategy.</u>

Tweeting out the availability of a new smartphone app that helps young professionals manage their financial lives better. ⇒ <u>Product launch.</u>

Inviting younger "fans" of the bank's social media sites to have a free trial of the new smartphone app. ⇒ <u>Test marketing. </u>

Having a Faceb-ook discussion with consumers on what they would ideally like to have from a bank smartphone app. ⇒<u> Idea generation.</u>

Creating a prototype of the smartphone app. ⇒<u> Product development. </u>

<u></u>

Using Tw-itter to ask followers what they are willing to pay for smartphone apps. ⇒ <u>Business analysis. </u>

Developing a social media site that allows college students to review and provide feedback on new product ideas. ⇒<u> Idea screening. </u>

5 0

3 years ago

Listening is often as important as speaking in a business conversation

natka813 [3]

This is true because you have to know what the other person is talking about. ;)

7 0

2 years ago

If you are an engineer working for a state highway department with the responsibility for overseeing and regulating construction

Nimfa-mama [501]

Yes it is a conflict of interest to leave the state and accept a position with a construction company that you formerly handled as a government relations manager.

<h3>What is a Conflict of Interest?</h3>

A conflict of interest occurs when an person's interests – family, friendships, financial, or social elements – could compromise his or her judgment, or actions in the workplace. Government agencies take disputes of interest so seriously that they are handled.

While it is not always feasible to eradicate conflicts of interest, the frequency and gravity of such situations may be lessened through comfort.

To learn more about Conflict of Interest visit the link

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8 0

11 months ago