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steposvetlana [31]
4 years ago
6

The following statements accurately describe the difference between saving and investing EXCEPT…

Business
1 answer:
vagabundo [1.1K]4 years ago
8 0

Answer:

Saving can only be done in person. Investing can be done both in-person and online.

Explanation:

Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.

Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.

Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.

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Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $8 million. The machinery can be sold to the Romulans
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Answer and Explanation:

The computation is shown below:

But before that we need to find out the current asset which is

The Net working capital = Current assets - current liabilities

$246,000 = Current assets -$790,000

So, the current assets is $1,036,000

Now the book value of Klingon’s total assets is

Total assets = Current assets + net fixed assets

= $1,036,000 + $6,000,000

= $7,036,000

The sum of market value of NWC and fixed assets is

= Market value of net working capital + market value of fixed assets

= $1,130,000 + $7,400,000

= $8,530,000

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Answer:

inelasticity of demand

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A state bank receives its charter from the state in which it operates.
pickupchik [31]

Answer:

True

Explanation:

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3 years ago
The combination of advertising, personal selling, public relations, and sales promotion activities traditionally used by an orga
Ksivusya [100]

Promotion mix

<h2>What is Promotion mix?</h2>

By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.

<h3>What is the objective of Promotion mix?</h3>
  • To inform potential customers about the features, availability, and applications of items.
  • To increase demand, clients' awareness and interest must be raised.
  • To set a product apart from rival products by fostering brand loyalty.
  • To maintain sales by emphasizing the usefulness of the product.

Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.

Learn more about Promotion mix at brainly.com/question/20879094?referrer=searchResults

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B

Explanation:

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