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Lemur [1.5K]
4 years ago
12

When might be the best time to start saving for retirement?

Business
2 answers:
leva [86]4 years ago
8 0
At the earliest possible date.
barxatty [35]4 years ago
5 0
Around your early 40s , make sure you start early
You might be interested in
Why are medical related professions and human resources important​
strojnjashka [21]

Answer:

They Both deal with the Wellbeing of the Human Talent

Explanation:

While the medical profession deals with physical, and psychotherapy treatment of the human being and  the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.

6 0
3 years ago
Suppose the demand function for a good is expressed as Q=100-4p. If the good currently sells for 10, what is the price elasticit
andrew-mc [135]

Answer:

c)-0.67

Explanation:

Calculation to determine what the price elasticity equal to

Using this formula

Price Elasticity of Demand (PED)=dQ/dP*Q/P

Let plug in the formula

Price Elasticity of Demand (PED)=d(100-4p)/dp*p/100-4p

Price Elasticity of Demand (PED)=-4*p/100-4p

at p=$10

Price Elasticity of Demand (PED)=-4*$10/100-4($10)

Price Elasticity of Demand (PED)=-40/60

Price Elasticity of Demand (PED)=-2/3

Price Elasticity of Demand (PED)=-0.666

Price Elasticity of Demand (PED)=-0.67 Approximately

Therefore the price elasticity equal to -0.67

5 0
3 years ago
The success of the Tom Dennis Ford dealership has been built largely on return customers and word-of-mouth recommendations. The
givi [52]

Answer: Build long-term relationships with the customers

Explanation:

  According to the given scenario, the high pressure selling process is one of the ineffective approach as the dealership wants to build a long term relationship with the consumers or user.

 The long term relationship with the customers is basically creating the growth, loyalty and also the revenue of an organization as it helps in increase the productivity of the management by maintaining the good relationship with the customers.

  The following ways helps in building the long term relationship with the customers are as follows:

  • By good communication skills
  • Enhance the consumer loyalty
  • Make connection with the customer
  • Always take feedback
  • Explain about your product's benefits

 

4 0
3 years ago
An investor owns 5,000 shares of IBM stock, $105 per share. He thinks that there is no large rise and possible drop in price. Th
lutik1710 [3]

Answer:

If IBM stock price rises from $105 to $112, the profit associated with the passive strategy is $ 35,000 and the profit associated with the covered call writing strategy is $ 45,000 .

Explanation:

Shares = 5000

Price of shares = $105

Sell Price = $112

The profit associated with the passive strategy  = $(112 - 105) × 5000

= $ 35,000

Now with covered call also included in the strategy the profit/loss from covered call can be calculated as

Strike Price = $110

Spot Price = $112

Total Shares on which Call options are sold = 50 × 100 = $5000

Total Premium received = 5000 × 4 = $20000

(Spot Price - Strike Price ) × Total Shares

= $(112 - 110) × 5000

= $10,000

Hence Net Profit = Premium received - $10,000 = $20,000 - $10,000

= $ 10000

Hence the profit associated with the covered call writing strategy

= $35,000 + $10,000

= $ 45,000

5 0
4 years ago
3 of 45
attashe74 [19]

Answer:

Certificate of Eligibility (COE)

Explanation:

In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of a qualified veteran, the borrower must apply for a <u>Certificate of Eligibility (COE)</u>.

The Certificate of Eligibility (COE) is a letter issued by the Department of Veterans Affairs (VA), which attests the eligibility of the veteran for a VA-backed home loan. There are a few ways to obtain a COE:

  1. Through mail, by filling out the VA Form 26-1880 (Request for Certificate of Eligibility).
  2. Through the VA's website.
  3. Through lenders.

Veterans must also have at least one of the following Character of Service (COS) requirements upon discharge from the military: <em>Honorable, General, Uncharacterized</em>, and <em>Under Honorable Conditions</em>.  

3 0
2 years ago
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