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
umka21 [38]
3 years ago
12

In 4-6 sentences explain the savings-borrowing-investing cycle.

Business
1 answer:
zysi [14]3 years ago
4 0
First, you will try to save as much money as you can if you want to start your own business, for example. Then, you may realize that what you have saved is not enough. This is the moment when you will go to a bank to borrow money in order to finish your ventures. You will then use that money to invest in something and hope it will pay off. Then you will pay back the money you earned and start the cycle again by saving.
You might be interested in
The management of Blue Ocean Company estimates that 50,000 machine-hours will be required to support the production planned for
zhuklara [117]

Answer:

$6.00 per machine-hour

Explanation:

Total estimated manufacturing overhead = $300,000

Estimated machine hours = 50,000 hours

Predetermined overhead rate = Total estimated manufacturing overhead /  Estimated machine hours

Predetermined overhead rate = $300,000 / 50,000 machine hours

Predetermined overhead rate = $6 per machine hour

So, The correct asnwer is $6.00 per machine-hour.

8 0
3 years ago
If the demand for bread is more elastic than the supply of bread, which group will bear more of the incidence of a tax on bread?
MatroZZZ [7]

The supplier because the tax will decrease demand bcause it is elastic.

5 0
3 years ago
Candle in the Wind is a store for people who enjoy and collect candles to decorate their homes. Last year, its net sales totaled
melisa1 [442]

Answer:

$15,700

Explanation:

The computation of the net profit after taxes is shown below:

Sales revenue                                    $125,000

Less: Cost of goods sold -                -$42,300

Gross profit                                         $82,700

Less: Operating expenses

One time part assistant       $52,000  

Administrative expenses     $400

Utilities expenses                 $900

Total operating expenses                 -$53,300

Net Profit before tax                          $29,400

Less: income tax expense                -$13,700

Net profit after tax                             $15,700

3 0
4 years ago
One year ago, Debra purchased 5,400 shares of KNF stock for $218,056. Today, she sold those shares for $19.49 a share. What is t
kramer

Answer:

Capital gain yield will be -51.73%

So option (d) will be the correct answer

Explanation:

We have given that Debra purchased 4500 shares of KNF stock for $218056

So price of one share =\frac{218056}{5400}=$48.380

So the beginning price = $40.380

She sold the share at price of 19.49 per share

So ending price = $19.49

We have to find the capital gain yield

We know that capital gain yield is given by

Capital gain yield =\frac{end\ price-beginning\ price}{begninning \ price}=\frac{19.49-40.380}{40.390}=-51.73 %

So option (d) will be correct option  

7 0
3 years ago
Cashiers at a department store are authorized to make price adjustments for customers of up to​ $25 without getting approval fro
pentagon [3]
Cashiers at a department store are authorized to make price adjustments for customers of up to​ $25 without getting approval from their supervisors. This would suggest that the department store is​ a decentralized organization. In a company with decentralized organization the <span>decisions are not  made centrally by the head of the company (in our case manager of the store and supervisors) , but decisions are made by mid-level or lower-level managers (cashiers in our case).</span>

5 0
3 years ago
Other questions:
  • The supply curve of labor is upward sloping if:____________
    8·1 answer
  • Which of the following correctly describe how the concept of international competitiveness applies to a nation? Check all that a
    5·1 answer
  • Anybody wanna be my friend looking for some in delta co im in 8th grade
    6·2 answers
  • Under Regulation SHO, a "threshold" security is one that:_____.a. cannot be sold short under any circumstances but long sales ar
    12·1 answer
  • "A broker and seller terminate the listing contract. An offer is received in the mail by the broker after the termination of the
    11·1 answer
  • Profits produced by the laboring classes are accrued by business owners who use these profits for reinvestment or to enrich them
    12·1 answer
  • Role of the federal reserve in the US economy HELPPPPP
    8·1 answer
  • A person who is working part-time when full-time work is desired is known as
    7·1 answer
  • Learning: Share 2 main things you learned about communications in Module 2.
    14·1 answer
  • A wholesaler that carries a wide product mix but offers only limited depth within product lines is called a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!