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mixas84 [53]
3 years ago
13

An 85-year old retired client has living expenses of $15,000 per year. His portfolio is currently allocated: 50% Money Market Fu

nd 40% Treasuries Yielding 1.20% 10% Equities The customer is complaining that he is not earning enough from his portfolio to meet monthly living expenses. The BEST recommendation to the customer is to:
Business
1 answer:
Slav-nsk [51]3 years ago
3 0

Answer:

Explanation:

The best recommendation in this scenario would be to liquidate half of the money market fund and invest it in 5 year corporate debentures yielding 2.70%. This is because traditionally money market funds, although highly liquid, only offer an average of 1% return on investment for the capital invested. Investing instead in a corporate debentures yielding would net the individual more than double in ROI and hopefully cover all of the living expenses.

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The database contains three tables containing information about this company's sales process: Inventory, Sales and Salesitems. U
vladimir2022 [97]

Answer:

Explanation: The database contains three tables containing information about this company's sales process: Inventory, Sales and Sales items.

The relationship between the above stated database content are:

1. Sales items are what is included in the inventory,

2. Inventory is a list of items available for sale.

3. Sales is the exchange of Inventory for cash.

4. As cash is collected, inventory reduces in quantity.

5. Sales items are included in the inventory and sales is the exchange of sales item for cash.

5 0
3 years ago
4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)​
Sati [7]

Three benefits that could inspire one to avoid being unemployed after graduating is:

  • Do the Job you would desire after graduating during college
  • Apply for internships
  • Develop the qualities of a leader during college.

<h3>What is Unemployment?</h3>

Unemployment is a state of being idle without job. It is a situation where one does not work and does not earn.

Applying for internships during college can spur an individual to avoid being unemployed after graduating. Also, doing the work you desire to do after college can be a motivating factor and developing leadership skills can inspire one to avoid being unemployed after graduating.

Learn more about Unemployment here:

brainly.com/question/305041

7 0
2 years ago
Loop 1604 Inc. has prepared a static budget at the beginning of the month. At the end of the month the following information is
Charra [1.4K]

Answer:

Flexible budget variance for Sales Revenue = $3,960 Favorable

Explanation:

Provided budget is static budget, firstly for calculating flexible budget variance for Sales Revenue.

For this flexible budget is made of same level of quantity as of actual level.

therefore Flexible budget sales = 990 units @ $70 per unit price will be same as of static budget.

Therefore Variance = Standard Flexible Budgeted Sales - Actual Sales

Standard Flexible Budgeted Sales = 990 \times $70 = $69,300

Actual Sales Revenue = 990 \times $74 = $73,260

Since actual revenue is more than budgeted sales this is favorable.

Flexible Budget Variance for Sales Revenue = $69,300 - $73,260 = $3,960

Since actual revenue is more than budgeted revenue therefore this is a favorable variance.

Flexible budget variance for Sales Revenue = $3,960 Favorable

3 0
3 years ago
Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot
nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

  • Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).

<u>Income Statement on December 31st:</u>

HOME REALTY, CORPORATION

Income statement

For period ended December 31st

Revenue                                           $

Sales Revenue                             166,000  

Other Revenue                                   -  

Total Revenue (A)                             166,000  

Expenses:                                    $

Salaries and Wages Expense             97,000  

Interest Expense                                6,300  

Advertising Expenses                        9,025  

Income Tax Expense                        18,500  

Dividends                                        12,000

Total Expenses (B)                        142,825  

Net Income (A-B)                                 $23,175

4 0
2 years ago
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
kipiarov [429]

Answer:

Yes

Explanation:

The 0.01 percent of the deviation plus the 0.01 percent of the sales average is not enough to get to the $6,300 daily, which means that the factor of the increase sales is the advertising campaign.

4 0
3 years ago
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