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Nikitich [7]
3 years ago
15

Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment opti

ons would best suit the needs of both Faisal and Torie?
A. Bonds and CDs
B. IRA and mutual fund
C. Stocks and futures
D. Money market and savings accounts

Business
1 answer:
umka21 [38]3 years ago
5 0

The types of investments used by Faisal and Torie are D. Money markets and savings accounts.

Both have the same savings goal, although nominally different.

<h2>Further explanation </h2>

Investment is a term that has several meanings related to finance and economics. This term also relates to the accumulation of assets/property in the form of future income expectations. Sometimes, investment is also commonly referred to as capital investment.

Investment Benefits:

  • Add Assets
  • Meeting Future Needs
  • Saving Lifestyle
  • Avoiding Account Debit Involved

Investment type :

  • Deposit
  • stock
  • Bond
  • Mutual fund
  • Property investment
  • Gold

Learn More

investment, savings, assets brainly.com/question/7162202

benefits and types of investments brainly.com/question/7162202

Details

Class: Middle School

Subject: business

keywords: investment, stocks, savings

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Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually d
zepelin [54]

Answer:

The correct answer is letter "B": Consumer's buying power.

Explanation:

The consumer's buying power is the total amount of money the customer has to acquire goods or services whether out of cash, checking accounts or credit cards that the person possesses. It is the value of money in terms of the capacity it could buy at a specific time.

In the example, Amelia's buying power was reduced since she forgot her credit card at home being that the reason why she purchased lesser clothing than usual.

4 0
3 years ago
The balance in retained earnings at December 31, 2020 was $1440000 and at December 31, 2021 was $1168000. Net income for 2021 wa
fomenos

Answer:

C. $682,000

Explanation:

Given the above information, the computation of cash dividend is seen below;

Beginning retained earnings (2020) + net income - Stock dividend - Cash dividend = Retained earnings

$1,440,000 + $1,008,000 - ($499,000 + $99,000) - Cash dividend = $1,168,000

$2,448,000 - $598,000 - Cash dividend = $1,168,000

Cash dividend = $2,448,000 - $598,000 - $1,168,000

Cash dividend = $682,000

5 0
2 years ago
What are some business plan questions
inysia [295]

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3 0
3 years ago
A manufacturer reports the following costs to produce 10,000 units in its first year of operations:
rewona [7]

Answer:

Option (C) is correct.

Explanation:

Variable overhead per unit:

= Variable overhead ÷ Total units produced

= $70,000 ÷ 10,000

= $7 per unit

Fixed overhead per unit:

= Fixed overhead ÷ Total units produced

= 120,000 ÷ 10,000

= $12 per unit

Total product cost:

= Direct materials + Direct labor + Variable overhead + Fixed overhead

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7 0
3 years ago
XYZ Company leased equipment to West Corporation under a lease agreement that qualifies as a finance lease to West but not as a
melomori [17]

Answer:

132,000$ will be recorded by west as amortization expense for the year.

Explanation:

Depreciation/amortization is systematic allocation of cost of asset over its useful life. In this case asset cost is not given so we assume that PV of lease payment is equal to market value (660,000 dollars) of asset.

In case of leased asset the useful life taken for calculation of depreciation is lower of 1) Useful life 2) Lease term as per applicable accounting standards.

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7 0
3 years ago
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