Wise consumers always understand their needs and wants before they buy.<br> a. True<br> O b. False

Kurnick Co. expects that the pound will depreciate from $1.70 to $1.68 in one year. It has no money to invest, but it could borr

Alik [6]

Answer:

Expected Profit of $21,000.

Explanation:

Kurnick Co. Initial amount borrowed = 1,000,000 pounds

Kurnick Co. converts the amount to dollars = 1,000,000 * 1.70 = $1,700,000.

Invests in 5% risk-free deposit.

Total dollar amount at the end of 1 year = $1,700,000 x 1.05 = $1,785,000.

Total amount owed on the pounds borrowed = 1,000,000*1.05 = 1,050,000 pounds.

Expected amount of dollars needed to repay the loan = 1,050,000 x 1.68 = $1,764,000.

Profit = $1,785,000 - $1,764,000 = $21,000.

7 0

4 years ago

Identify the type of sentence. because karl spent more money than he earned, he lost his house and car.

weeeeeb [17]

The correct answer is complex sentence.
A complex sentence is the one which consists of one independent clause and at least one dependent clause. An independent clause can stand on its own (in this sentence, the independent clause is - he lost his house and car), and a dependent one cannot because it is incomplete (in this sentence, the dependent clauses are - because Karl spent more money AND than he earned).

5 0

4 years ago

jennifer has the transactions below, what is the combined impact on her net worth when considering all of the transactions? She

slamgirl [31]

Answer:

1. No effect

2. Outflow of cash

3. No effect

So, by $6,000, the net worth would decrease.

Explanation:

1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.

2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.

3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.

So, the net worth would decrease by $6,000

4 0

3 years ago

A problem with the utilitarian principle of ethical decision making is that:_______.

NikAS [45]

Answer:

Option D

Explanation:

The Utilitarian Strategy analyses an intervention in consideration of its effects or results; that is, the net advantages and expenses to all different participants.

It aims to accomplish the maximum good for the greatest amount while producing the least amount of suffering or preventing the most suffering.

In a business setting, this method may focus on a statistical methods of likely results, a traditional cost / benefit calculation, or evaluation of the potential usefulness of a result for different group participants.

5 0

3 years ago

Business law professor Debby needed some yard work done. She told her class that she would give $50 to the first person who mowe

Bad White [126]

Answer:

D) They had a unilateral, express agreement.

Explanation:

In a unilateral contract, the offeror makes an express promise without a reciprocal agreement from another party. The offeror's express promise of payment requires that the other party performs.

In this case, professor Debby made an express promise to pay $50 to anyone that mowed her yard, and Max performed the yard mowing, therefore he is entitled to payment.

5 0

3 years ago

Wise consumers always understand their needs and wants before they buy. a. True O b. False