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3 years ago

Unnecessary debt, like debt on a credit and store charge cards, can destroy your investment opportunities.

2 answers:

8 0

I can say that the given statement above would be TRUE. What makes this statement true is that, when you have these unnecessary debts, this makes you pay more interest on your debt than you could pay for your investments, thus, ruining your investment opportunities.

grin007 [14]3 years ago

5 0

Answer: Answer is TRUE

Unnecessary debt can destroy our investment opportunities.

Explanation:

For example : It makes you pay more interest on your mortgage when you have these needless loans than you had to pay it from your savings and thus destroy your investment opportunities.

We should always avoid unnecessary debt. when we pay them without need, our savings get exhausted, so that we are not able to make new investments.

Thus the given statement is True.

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According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizati

Serjik [45]

Answer:

b. contingency approach to management.

Explanation:

The Contingency Approach to management tells us that there is no best style of management.

The Employees should in turn push to encourage to adopt situation specific management approach since It gives them an opportunity to explore new things and problem specific solutions.

6 0

3 years ago

Hudson Co. reports the contribution margin income statement for 2015. Assume sales remain constant at 10.000 units.HUDSON CO. Co

gizmo_the_mogwai [7]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $244

Unitary variable cost= 195 - 8= $187

Fixed costs= 327,600 + 37,000= $364,600

<u>We need to determine the new pre-tax income:</u>

Sales= 244*10,000= 2,440,000

Total variable cost= 187*10,000= (1,870,000)

Total contribution margin= 570,000

Fixed costs= (364,600)

Pre-tax income= 205,400

5 0

3 years ago

On April 30, Gomez Services had an Accounts Receivable balance of $24,600. During the month of May, total credits to Accounts Re

Nataliya [291]

Answer: $53,600

Explanation:

Credit sales increase the balance on Accounts Receivables because they represent that people owe the business.

It is therefore included in the formula for calculating the ending balance of Accounts Receivables:

Ending accounts receivables = Beginning accounts receivable + Credit sales in May - Customer payments during May

19,000 = 24,600 + Credit Sales in May - 59,200

Credit Sales in May = 19,000 + 59,200 - 24,600

= $53,600

4 0

3 years ago

Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex

maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year DF(9%) Present Value

1 Cash inflow 390,000 x 0.917 $357,798

2 Cash inflow 400,000 x 0.842 $336,672

3 Cash inflow 411,000 x 0.772 $317,367

4 Cash inflow 426,000 x 0.708 $301,789

5 Cash inflow 334,100 x 0.650 $217,077 (434,100 - 100,000)

6 Cash inflow 435,000 x 0.596 $259,376

7 Cash inflow 436,000 x 0.547 $238,507

7 Salvage value 400,000 x 0.547 $218,814

Present Value of cash inflow $2,247,401

Initial investment $2,285,000

NPV ($2,247,401 - $2,285,000) (37,599)

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative

4 0

3 years ago

How do u work this app??

Alekssandra [29.7K]

Explanation:

very good please explain

7 0

3 years ago

Read 2 more answers