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3 years ago

The primary goal of the consumer financial protection bureau is everfi answer

1 answer:

monitta3 years ago

7 0

Their primary goal is <span>To protect consumers by regulating financial products and services.
Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclose their financial situation by opening a fake corporations offshore.</span>

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An investment project provides cash inflows of $1,275 per year for eight years. a. What is the project payback period if the ini

photoshop1234 [79]

Answer:

The correct answer for option (a) is 3.22 years, option (b) is 4.04 years and for option (c) is 0 years.

Explanation:

According to the scenario, the given data are as follows:

Cash inflow = $1,275

Project payback period = Initial cost ÷ Cash inflow

(a). Initial cost = $4,100

So, Project payback period = $4,100 ÷ $1,275

= 3.22 years

(b) Initial cost = $5,150

So, Project payback period = $5,150 ÷ $1,275

= 4.04 years

(c). Initial cost = $11,200

So, Project payback period = $11,200 ÷ $1,275

= 8.78 years

As it is more than the eight years period, it never pays back.

So, 0 years

7 0

3 years ago

Digicon Inc. is a firm with mindshare in the category of digital cameras. With reference to this information, which of the follo

kherson [118]

Answer:

d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.

Explanation:

Mindshare is a term that measures the amount of popularity and consumer awareness in a certain category. To say that Digicon Inc. has a mindshare in the category of digital cameras means that the company sets the bar for the digital cameras market and, therefore, should be seen as the standard that competitors should try to match.

Thus, the answer choice that better fits the description is d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.

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3 years ago

At times, an insignificant detail can be important to a significant event. <br> a. True<br> b. False

Minchanka [31]

A. True. You never know what the smallest detail may have.

5 0

2 years ago

Read 2 more answers

What accounting method should hariette choose when she runs the profit and loss report?

Zinaida [17]

Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.

Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.

If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.

To learn more about accounting, click here.

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4 0

1 year ago

In a perfectly competitive market, the market supply curve is a. always a horizontal line. b. the vertical sum of all the indivi

gayaneshka [121]

Answer: C.) Horizontal sum of all the individual firm's supply curve

Explanation: A perfectly competitive market, is that in which sellers or suppliers of a certain product are numerous such that a slight increase in price, and demand could fall to 0. Here, an individual seller has no control over the price of commodities. The supply curve tells how much quantity will be produced at different prices. Therefore the market supply curve is determined by all individual sellers individual price in other to determine the overall quantity to be produced at varying market price. Prices are drawn horizontally from the y-axis to determine quantity produced at different prices for each indivudual seller which is summed to generate the market supply curve.

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3 years ago

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