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MariettaO [177]
3 years ago
12

Raoul is an illiterate who does not have proper skills for any job. as a result, he is unable to find permanent employment. as a

last resort, raoul starts a diner in his home to earn a regular income for his family. in the given scenario, raoul most likely started the diner because it offered _____.
Business
1 answer:
Lunna [17]3 years ago
8 0
<span>Raoul is an illiterate who does not have proper skills for any job. As a result, he is unable to find permanent employment. As a last resort, Raoul starts a diner in his home to earn a regular income for his family. In the given scenario, Raoul most likely started the diner because it offered an income for his family using skills that he possesses. Since Raoul is not able to stand apart from competition when it comes to everyday jobs, Raoul needed to find a way to earn income for his family. Motivated to do so, Raoul put is skills to work and developed a way to make it happen for his family. </span>
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A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and Group of
rewona [7]

Answer:

so near its maturity that it presents insignificant risk of changes in interest rates.

Explanation:

As we know that the cash equivalent i.e .short term and also classified as the highly liquid investment that is always ready to convert into the cash amount i.e. near to its maturity also at the same time it represent the non-significant changes risk with respective to the rate of interest

Therefore the last option is correct

8 0
3 years ago
The slope of the investment demand function indicates how sensitive investment is to changes in real interest rates. The 'steepe
Alex17521 [72]

The correct answer is false.

It is false that the slope of the investment demand function indicates how sensitive investment is to changes in real interest rates. The 'steeper' the investment demand function, the less sensitive investment is to changes in the real rate of interest, all else constant.

We can say that the downward slope is the consequence of several reasons. For instance, the concept that money, its nominal value, is fixed. However, the real value of money depends on the level of prices. So the demand for money is related to the demand for it. The interest rate falls when the price level falls.

7 0
3 years ago
Rushmore Company provided services for $45,000 cash during Year 1. Rushmore incurred $36,000 of operating expenses on account du
laila [671]

Answer:

The amount of the net income shown on the income statement is $9,000

Explanation:

The computation of the net income is shown below:

Net income = Services provided for cash =  operating expenses incurred

= $45,000 - $36,000

= $9,000

According to the matching principle, the revenues of a particular period should always be matched with the expenses that are incurred in that particular year

So, the net income that is to be reported on the income statement is $9,000

Note: Options are shown in the attachment

6 0
3 years ago
What is true about investment and risk
scZoUnD [109]
Investing money is always good when the stock market is good
5 0
3 years ago
Is rental income <br> a. Investment <br> b. Cash
barxatty [35]

Answer:

Investment, you buy a property to rent in hope to make your money back over time.  So it would be considered an investment

Explanation:

4 0
3 years ago
Read 2 more answers
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