1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frutty [35]
3 years ago
5

You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity t

hat promises to repay you a 44 percent annual return on your investment. While you don't understand the complicated nature of the investment, several of your friends are investing money. You have an extra S5,000 that you earned last summer that you would like to invest. Should you invest your S5,000? Why or why not?
Business
1 answer:
Vlada [557]3 years ago
4 0

Answer:

No

Explanation:

An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.

Besides, the option is described as very complicated, and you as a potential investor do not understand it well, which is a very difficult position to be in because it could even lead you to being scammed without realizing.

You might be interested in
Why does manufacturing's multiplier effect matter to an economy?
irga5000 [103]

Answer:

It has a greater impact than service industries.

Explanation:

6 0
3 years ago
What are some of the ways in which the government is involved in the economy? what are the advantages and disadvantages of gover
ArbitrLikvidat [17]
The government can control tariffs and can limit how much can be imported into the usa.
The government can provide subsidies to certain producers, typically farmers.
The government can put a ceiling and a floor on prices as they wish. They can control the lowest and highest price a commodity can sell for.
The government can own public works such as a water company if they feel they can provide the service for a lower cost than the local competitors.
The government can decide which companies are monopolies and which companies are violating federal policies regarding trade. The government has the power to break up monopolies.
Each of these has advantages and disadvantages. For example, for farmers, when prices on their crops are too low, the government "gives" them money for their crops so they can stay in business.
A monopoly business controls the price and supply. If the monopoly is broken up, then competitors can enter the field- this can help drive down prices.
If the government can provide utility services for cheaper, that is good.

5 0
3 years ago
Job cost sheets can provide information to managers on unit cost trends, the cost impact of continuous improvement in the manufa
Lera25 [3.4K]

Answer:

Yes its True ✅

5 0
3 years ago
Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned
raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

5 0
3 years ago
The following information was drawn from the Year 1 accounting records of Ozark Merchandisers: Inventory that had cost $15,000 w
finlep [7]

Answer: See explanation

Explanation:

a. Sales = $27000

Less: sales returned = -$660

Less: discount at 2% = ($27000 - $660) × 2% = -$526.8

Net sales = $25813.2

b. Net sales = $25813.2

Less: cost of goods sold = $15000 - $400 = -$14600

Gross profit = $11213.2

Operating expense:

Less: Selling and administrative expenses = -$2835

Operating income = $8378.2

Non-operating items:

Less: Interest expense = ($200

Add: Gain on land Sales = $900

Net Income= $9078.2

c. The interest expense be shown on the statement of cash flows in the operating expenses section. It'll be recorded in the operating activities.

d. The sale of the land would be under the investing activity as it's capital asset of the business. Therefore, the full sales price of the land, $9,250, would be shown as a cash inflow from investing activities on the statement of cash flows.

Option B is the correct answer.

4 0
3 years ago
Other questions:
  • How much interest, if any, can jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?
    7·1 answer
  • For the past several decades in the United States, consumption has accounted for about _____ % of GDP?a. 60-70%b. 5-15%c. 15-25%
    9·1 answer
  • Which of the following expands upon the behavioral intentions model by including a perceived control component that assesses the
    12·1 answer
  • The Federal Reserve has the power to implement and manage which type of
    5·1 answer
  • Help me its urgent............
    5·1 answer
  • Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard de
    7·1 answer
  • What the Business ethics<br> About USA
    9·1 answer
  • If the banking system has demand deposits of $100,000, total reserves equal to $15,000, and a required reserve ratio of 10 perce
    6·1 answer
  • Explain how farmers' economic choices were affected by the scaricity of the resources.
    15·1 answer
  • the cyclically adjusted budget deficit in an economy is zero. if this economy goes into recession, then the actual government bu
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!