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3 years ago

Which of the following types of investment

Business

1 answer:

Leno4ka [110]3 years ago

8 0

Answer:

The correct answer is A. Stocks

This is mainly because stocks are sensitive to market prices, economic conditions and even the political environment. Moreover, there are no guaranteed income and interests in stocks. The return is based on the company performances.

Explanation:

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Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing

Luden [163]

Answer:

If Mo pays cash, the cost of the purchase will be $140.

If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.80.

Explanation:

If Mo pays cash, it implies that she does not get the 3% discount she is entitled to, with the use of her credit card. Therefore, she will bear the full cost. However, if she uses the credit card, the discount is $4.20 ($1540 * 97%) and she will pay only $135.80 as the discounted price of the electronic reader.

5 0

3 years ago

Read 2 more answers

The revenue recognition principle says Question 2 options: A) divide time into annual periods to measure revenue properly. B) re

lisov135 [29]

Answer:

The correct answer is letter "B": record revenue only after you have earned it.

Explanation:

Revenue Recognition is an accounting term that describes how and when a company reports revenue in its ledger. It is also part of the Generally Accepted Accounting Principles (GAAP). Using the accrual accounting method, revenue must be recorded when it is earned not when the company collects the cash proceeding.

7 0

3 years ago

The current value of a property is $60,000. For real estate tax purposes, the property is assessed at 30 percent of its current

Damm [24]

Answer:

Explanation:

Given:

Current value, C = $60000

Assessed value, A = 30 percent of its current value

= 30% × C

Equalisation factor, E = 1.25

The tax rate is $4 per $100 of assessed valuation.

Assessed value, A = 30/100 × 60000

= $18000

Total assessed valuation = assessed value × E

= $18000 × 1.25

= $22500

Tax rate of $4/$100 × assessed valuation

Tax amount = tax rate × assessed valuation

= ($4 × $22500)/$100

= $900

4 0

3 years ago

1) You are considering purchasing a 20 year bond from Saudi Arabia. You have a required return

inessss [21]

Answer:

$812.20

Explanation:

Given the following bond characteristic:

Coupon rate = 12%

Market or yield rate = 15%

Years to maturity = 20 years

Face or par value = $1000

Inputting the values into a bond value calculator, the bond value output is : $812.20

This means that the sum of the present value of all likely coupon payment and par at maturity. It is simply the present value of all cash streams it is projected to generate.

6 0

3 years ago

Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 7.5 liters per unit

Julli [10]

Answer:

Direct material quantity variance= $1,400 unfavorable

Explanation:

Giving the following information:

Standard quantity 7.5 liters per unit Standard price $ 2.00 per liter

Actual production was 3,400 units.

The company used 26,200 liters of direct material.

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (7.5*3,400 - 26,200)*2

Direct material quantity variance= (25,500 - 26,200)*2

Direct material quantity variance= $1,400 unfavorable

5 0

2 years ago