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3 years ago

Plz, help ASAP!!!!

Business

1 answer:

chubhunter [2.5K]3 years ago

6 0

Answer:

The incorrect statement is letter "D": Saving can only be done in person. Investing can be done both in person and online.

Explanation:

There are several differences between saving and investing. Both of them have the potential to grow capital over a specific period. While saving is beneficial in the short run, investment is in the long run.

Though, saving money implies depositing it in an account to make a profit out of the annual interest rate offered by banks. <em>The money can be deposited in person, through wire transfers or online transfers between accounts</em>. Investing is characterized by risking money through acquiring assets such as stocks, bonds, or mutual funds. That money can be provided by the investor in a meeting with the people in charge of managing the money or through online brokers.

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Which of the following is true? ADebit Cards often have a higher interest rate than Credit Cards. BDebit cards offer the highest

Nezavi [6.7K]

Its d i think but i 100 shore i 'm right

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3 years ago

ACME Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expense

Elodia [21]

Answer:

$23,740

Explanation:

Given that,

Sales = $103,000

Fixed expenses for the month = $36,000

Contribution margin ratio = 58%

Net operating income:

= (Contribution margin ratio × Sales) - Fixed expenses for the month

= (0.58 × $103,000) - $36,000

= $59,740 - $36,000

= $23,740

Therefore, the best estimate of the company's net operating income in a month when sales are $103,000 is $23,740.

8 0

3 years ago

Novak Company took a physical inventory on December 31 and determined that goods costing $190,000 were on hand. Not included in

Lorico [155]

Answer: $237070

Explanation:

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Inventory in hand = $190,000

Add: Goods bought from Pelzer Corporation = $25,170

Add: Cost of goods sold to Alvarez Company = $21900

Total = $237070

The amount that Novak should report as its December 31 inventory will be $237070

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2 years ago

Insurance can help you: A.minimize monthly expenses B.financially protect against unexpected accidents C.reduce the chances of g

Hitman42 [59]

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2 years ago

Read 2 more answers

A store has been selling 100 DVD burners a week at $450 each. A market survey indicates that for each $30 rebate offered to buye

Ivanshal [37]

Answer:

a rebate of 200 dollars will generate 500 sales

with a revenue of 125,000

Explanation:

We need to maximize the total revenue which is:

TR = Price x Quantity. First we define each of these:

P = (450 - 30X)

Q = (100 + 60X)

Being X the cash rebate

We now replace this into the TR formula:

TR = P x Q = (450 -30X) (100 + 60X)

TR = -1800x2 +27,000x -3,000x + 45,000

TR = -1800x2 +24,000x + 45,000

as this is a quadratic function: a: -1,800 b = 24,000 c = 45,000

the maximum revenue will be at the vertex: -b/2a

-24,000/2(-1,800) = 6.67

now we multiply by 30: 6.67 x30 = 200 dollars

which bring 60 x 6.67 = 400 new customers

250 x (100 +400) = 250 x 500 = 125,000

7 0

3 years ago