1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
In coming years, high-tech growth areas such as computers, biotechnology, and robots are likely to experience a:
Sergio039 [100]

Answer:

C. shortage of skilled labor.

Explanation:

The invention of high-tech (computers, biotechnology, robots, drones, self driving vehicles and so an) is reducing the involvement of skill human labor which will continue incoming years. For example humans carryout the task of carrying-out calculation several years ago, but in recent years computers carry out such works and at a faster pace. Also routine human works such as arranging, bottling, pasting of labels can be carried-out by well programmed out and trained robots. These and many more will cause the shortage of labor(human) in coming years.

5 0
3 years ago
True or false: If Dogs R Us overstates ending inventory on the balance sheet, then total equity on the balance sheet will be ove
ANEK [815]

Answer:

True

Explanation:

The statement is true

6 0
2 years ago
Flyaway Travel Company reported net income for 2021 in the amount of $90,000. During 2021, Flyaway declared and paid $2,125 in c
Jlenok [28]

Answer:

$1.85

Explanation:

Fyaway travels reported a net income of $90,000 for the year 2021

During 2021 they declared and paid a cash dividend of $2,125

They also paid $10,000 as cash dividend in common stock

Flyway has 40,000 shares outstanding

Therefore the 2021 basic earning per share can be calculated as follows

$90,000-2,125

= $87,875

40,000 shares+(10,000 shares×9/12)

40,000 shares +(10,000×0.75)

40,000+7500

= 47,500

87,875/47,500

= $1.85

Hence the basic earning per share for 2021 is $1.85

4 0
3 years ago
A stock paid $2.64 in dividends at the end of last year and is expected to pay a cash dividend
Sindrei [870]

Answer:

$117.26

Explanation:

Easy.

4 0
3 years ago
Read 2 more answers
Populations of organisms that live in and interact in a particular are form ?
frozen [14]
All of plant and animal populations living in an habitat interact and form a community. Hopefully this answers your question.
8 0
4 years ago
Other questions:
  • You are planning to make monthly deposits of $458 into a retirement account that pays 6.3 percent interest compounded monthly. I
    12·1 answer
  • Marketers use persuasive communications and product distribution in an effort to make sure its market is _______.
    8·1 answer
  • A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist
    7·1 answer
  • True or False:
    11·1 answer
  • An entrepreneur can best be characterized as someone who
    7·2 answers
  • 3. Suppose the National Bureau of Economic Research announces that the economy has been in a recession for the past year. What e
    9·1 answer
  • Which of the following is false regarding net realizable value (NRV)?
    8·1 answer
  • Have my points uf7ttg vgh
    10·1 answer
  • Which of the promotion methods is the most precise?
    8·1 answer
  • When it is difficult to hire employees, firms take ____________ to hire, which increases ____________ unemployment.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!