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Helga [31]
3 years ago
15

Ariel is saving money to purchase a new computer before she leaves for college in two She wants to open a special account at a d

epository institution to keep her saved money safe. She has asked you for advice on which type of account would be best for her. What would be the best advice for Ariel
Business
1 answer:
dmitriy555 [2]3 years ago
4 0

Answer:

Shop for an account that earns high interest

Explanation:

Ariel should shop for an account that earns the highest interest rates in the market. With an account that earns high interest, Ariel does not need to save the entire amount required to purchase the computer. She will save a big percentage while the interest earned will add to the rest of the amount.

An account that compounds interest would be ideal for her.  Compounding interest means that interest earned in the year is added to the principal amount. The principal amount increases, so does interest in the preceding seasons.

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Morgan Pharmaceutical spends $50,000 this year in research and development for a new drug to cure liver damage. By the end of th
kenny6666 [7]

Answer:

The impact of spending $50,000 on the research and development for a new drug to to cure liver damage will increase the expenses of the Morgan Pharmaceutical in the years financial statements.

Explanation:

Morgan pharmaceutical is pending $50,000 on he research and development of new drug which can cure the liver damage, from this spending company is expecting that after they have successfully created new drug it will lead to the increase in sales , which will ultimately lead to increase in profits , which then would totally recover the initial cost incurred on research and development but until then these expenses would be shown in the current years financial statement as expenses, and thus would increase the total expenses of the company.

3 0
3 years ago
Joe sold gold coins for $1000 that he bought a year ago for $1000. He says, "At least I didn't lose any money on my financial in
Sav [38]

Answer:

TRUE

Explanation:

Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.

In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.

8 0
3 years ago
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. T
Anit [1.1K]

Answer:

Invalid

Explanation:

Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.

With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.

Cheers

8 0
3 years ago
Which of these investments is not a function of the production department?
Rus_ich [418]

Which of these investments is not a function of the production department: wage increases.

<h3>Does wage increase with productivity?</h3>
  • They discover that for average remuneration, a one percentage point increase in productivity growth corresponds to a 0.74 percentage point rise in compensation growth. Similar to median compensation, their estimate deviates from one by a statistically significant amount but not from zero.
  • Prices increase when salaries grow faster than labor productivity while prices decrease when wages grow slower than productivity.
  • Inflation is brought on by wage increases since doing business becomes more expensive as wages rise. Companies must raise the prices for their products and services to offset the cost increase and keep their profitability at the same level.
  • Five tons of labor are produced per hour. Physical productivity growth drives up the value of labor, which in turn drives up to pay.

Which of these investments is not a function of the production department: wage increases.

To learn more about wage increases, refer to:

brainly.com/question/23498945

#SPJ4

5 0
1 year ago
You receive a college investing kit in the mail from a reputable investment company. This information is _____.
mafiozo [28]
The information is reliable, I believe.  (As the question states the investment company is reputable, which is pretty much a synonym for reliable, so it can't be unreliable.)
3 0
3 years ago
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