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Nutka1998 [239]
3 years ago
5

Discount retail corporation may be engaging in conduct that violates the sherman act. to bring an action against the firm requir

es that its conduct have a significant impact on
Business
1 answer:
expeople1 [14]3 years ago
4 0
The answer is <span>interstate commerce. :)

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Let’s see how fees can hurt your investment strategy. Let’s assume that your mutual fund grows at an average rate of 5% per year
elena-14-01-66 [18.8K]

Answer:

We notice that the more the fees increase for a constant rate of return, the number of years it takes to double on the investment also increases. For example;

a). 15.6 years

b). 20 years

c). 28 years

Explanation:

The rule of 70 is a formula that can be used to estimate the number of years it will take an investment to double up.The formula is expressed as;

Number of years to double=70/Annual rate of return

a). Given;

Annual rate of return per unit of investment=5%

Annual fees per unit of investment=0.5%

Net rate of return=Annual rate of return-Annual fees=(5%-0.5%)=4.5%

Replacing;

Number of years to double=70/Net rate of return

=70/4.5=15.555 to nearest tenth=15.6 years

b). Given;

Annual rate of return per unit of investment=5%

Annual fees per unit of investment=1.5%

Net rate of return=Annual rate of return-Annual fees=(5%-1.5%)=3.5%

Replacing;

Number of years to double=70/Net rate of return

=70/3.5=20.0 to nearest tenth=20 years

c). Given

Annual rate of return per unit of investment=5%

Annual fees per unit of investment=2.5%

Net rate of return=Annual rate of return-Annual fees=(5%-2.5%)=2.5%

Replacing;

Number of years to double=70/Net rate of return

=70/2.5=28.0 to nearest tenth=28 years

We notice that the more the fees increase for a constant rate of return, the number of years it takes to double on the investment also increases

6 0
3 years ago
Retail companies compete based on:
MatroZZZ [7]

Answer: D. all of the above

Explanation:

6 0
2 years ago
Portions of the financial statements for Parnell Company are provided below. PARNELL COMPANY Income Statement For the Year Ended
m_a_m_a [10]

Answer:

Net Cash flow from Operating Activities (Direct Method) = $343

Net Cash flow from Operating Activities (Indirect Method) = $343

Explanation:

Cash Flow Statement - Operating Activities  (Direct Method)  

                                                                              Amount in $

Cash receipts from Customer (219+770-321)            668

Less: Cash paid to suppliers (120+285-207-98)       -100

Cash paid Employees (96+117-108)                       -105

Cash Paid to Insurance (69+37-85)                            -21

Cash Generated from operation                               442

Less: Interest paid (47-19)                                        -28

Income tax paid (55+82-66)                                        -71

Net Cash flow from Operating Activities              343

Cash Flow Statement - Operating Activities  (Indirect Method)  

                                                                              Amount in $

Net Income                                                                   82

Add: Depreciation Expenses                                      120

Loss on sale of Machinery                                         12

Decrease in Inventory (422-324)                               98

Increase in Account payable (207-120)                 87

Increase in salaries payable (108-96)                           12

Decrease in prepaid Insurance (69-85)                  16

Decrease in Bond Discount (184-203)                         19

Increase in Deferred Tax Liabilities (66-55)         11

Less: Gain on sale of Building                              -12

Increase Accounts receivable (321-219)             -102

Net Cash flow from Operating Activities             343

6 0
3 years ago
Freeman corp., a large corporation, plans to issue 45-day commercial paper with a par value of $3,000,000. freeman expects to se
fredd [130]

Answer:

The annualized cost of borrowing is 5.42%

Explanation:

The cost of borrowing is the finance charge which is the dollar amount of the loan that cost the person. Lenders usually charge what is referred to as the simple interest.

The formula to compute the same is as:

Principal  x rate x time = Interest

where

Principal amount is $3,000,000

Rate is not known

Time is 45 days, So time is number of days borrowed divided by number of days in a year

Time = 45 / 365 days

Time = 0.123

Interest = Par value - Selling Value

Interest = $3,000,000 - $2,980,000

Interest = $20,000

Putting the value above:

Rate = Interest / Principal  x Time

Rate = $20,000 / $3,000,000 x  0.123

Rate = $20,000 / $369,000

Rate = 5.42%

4 0
3 years ago
Budgeting for Needs
DanielleElmas [232]

Answer:

From the bank statement of $23000 the needs are:

  • cell phone plan = $45
  • rent = $400
  • car insurance = $60
  • Electric bill = $60
  • car payment = $250

Explanation:

A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.

cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well

Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing

car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him

Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.

car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.

7 0
3 years ago
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