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Nikolay [14]
3 years ago
11

Raul is a saver. He sets aside $200 per month during his career of 40 years to prepare for a comfortable retirement. He does not

like the idea of investing so he puts his money in a savings account which earns 2% interest per year. What is the balance of his retirement account after 40 years?
Business
1 answer:
monitta3 years ago
3 0

Answer:

$211,971.

Explanation:

he will have earned in $115,971 in interest.

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The process of alliance management begins with
bonufazy [111]
The process of alliance management begins with selecting the most appropriate partner. Typically, alliance managers work in partnership with other companies to achieve what their company can not achieve alone. An alliance manager needs to know all the aspects of his company's business.
3 0
3 years ago
List 5 things you have purchased in the last year because of a marketing function. Describe what function of marketing was evide
Marizza181 [45]

Answer:

1- smartphone

2- computer

3- kindle

4- clothes

5- watch

Explanation:

The economy exists due to the human need for products and services.

Marketing is responsible for adapting such products and services to the individual needs of each person, in order to offer value to the customer, meeting their desires and preferences through features, personalization of products and services, benefits, customer service, advertising, communication , etc., for a company to be strategically competitive and improve profits.

Therefore, in relation to the products acquired by me last year, there are 3 technological products (smartphone, computer and kindle) that were acquired through the function of marketing features that satisfy the needs of work, communication and leisure.

The watch and clothes were acquired through the function of advertising marketing and differentiated design, which add value to the customer through the status they create in the consumer's mind.

8 0
3 years ago
Howard Ramsell recently became aware of implied warranties that exist for consumer purchases. An implied warranty exists as a re
faltersainse [42]

Answer:

(C) the intended use of a product.

Explanation:

Implied as the term means that it is obvious, further guarantee means that the guarantee is obvious.

Now, this is because of the use of the product, as for example there is an equipment called heater, which is generally sold in winters, as it warms the room.

Now it is implied that the heater shall at-least be in proper condition and shall work without any failure for one season of winters.

The correct answer is,

Statement C

3 0
3 years ago
Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial s
Anettt [7]

Answer:

The calculations are shown below:

Explanation:

The computation is shown below:

As we know that

Inventory turnover ratio is

= Cost of goods sold ÷ Average inventory

So

For year 2015, it is

= $1,270 ÷ $210

= 6.05 times

For year 2014, it is

= $1,560 ÷ $220

= 7.09 times

For year 2013, it is

= $2,000 ÷ $380

= 7.14 times

1-b Average days to sell inventory is computed by considering the

= Total number of days in a year ÷ inventory turnover ratio

So

For year 2015, it is

= 365 ÷ 6.05

= 60.33 days

For year 2014, it is

= 365 ÷ 7.09

= 51.48 days

For year 2013, it is

= 365 ÷ 7.14

= 51.12 days

2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015  

7 0
3 years ago
A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged
3241004551 [841]

A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.

<h3>Who is an accountant?</h3>

An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.

The role of an accountant include performing accounting functions such as:

  • Analyzing accounts
  • Auditing
  • Reporting the financial transactions of a person or a business.

Learn more about accountants here: brainly.com/question/13433103

#SPJ1

4 0
2 years ago
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