Answer:
A. the gamblers fallacy
Explanation:
This is because he is down a lot but he is still going to take the shot.
Answer:
$1,777,777.78
Explanation:
The computation of the sales volume needs to be achieved is shown below:
Sales volume is
= Fixed cost + after tax income ÷ (contribution margin ratio)
= ($664,000 + $136,000) ÷ (0.45)
= $1,777,777.78
We ignored the income tax rate as there is no need in the computation part
By using the above formula, it can be determined in an easily manner
The way that the federal reserve has kept the interest rates
very low had made other people argue that this would likely lead to inflation.
Inflation occurs when there is a rise in terms of the levels of prices of goods
and prices with the power of purchasing lowers or will likely fall.
Answer:
The correct answer true.
Explanation:
An economic recession is a decrease in economic activity over a period of time. During recessions, interest rates drop. A low interest rate helps the growth of the economy, since it facilitates consumption and, therefore, the demand for products. If a company is confident that the economy is about to go into recession, that means they expect rates to drop. So you should invest in short-term debt until rates fall due to the recession.
Answer:
$24,012.21
Explanation:
Calculation for What is the investor's future balance after 10 years
Using financial to find the FV which represent future value
N 10 years
I/Y 4%
PV 0
PMT $2,000 per year
FV ?
Hence:
FV = $24,012.21
Therefore the investor's future balance after 10 years will be $24,012.21
