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Lynna [10]
3 years ago
12

Alex is a working professional and has managed to save a small amount of money from his earnings. He wants to invest in somethin

g that is customized to his risk appetite. Which financial institution should he choose? A. hedge funds B. mutual funds C. life insurance companies D. credit unions E. pension funds
Business
1 answer:
loris [4]3 years ago
7 0

Since the question doesn’t mention the level of risk that Alex would be able to stomach, it can be assumed that the financial institution that can satisfy Alex’s risk appetite would be (B) mutual funds.

Mutual funds are <em>investment programs where clients can hold portfolio with diverse instruments, and thus the risks are much more diversified than other types of investments. </em>Thus if Alex would rather have a mixture of high-risk, medium-risk, and low-risk products, a mutual fund firm would be better equipped to handle his needs.

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astrid is starting a new job that involves a lot a driving, and she wants to have a comfortable new car with the latest gadgets.
Mama L [17]

Answer:

She better lease a car for work.

Explanation:

The most significant distinction between a lease and a rental agreement is the length of time they are valid for. In most cases, a rental agreement is for a short length of time (typically 30 days), but a lease contract is for a longer amount of time (generally 12 months, although 6 and 18-month leases are also frequent). So it's better to lease a car because you can use it longer.

4 0
2 years ago
A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,
uranmaximum [27]

Based on the number of bikes produced and the costs incurred, the cost per bike would be<u> $85 per bike. </u>

First find the total cost of producing all the bikes.

<h3>Total cost of production </h3>

= Direct materials + Direct labor + Factory overhead

= 6,000 + 2,000 + 9,000

= $17,000

<h3>What is the cost per Bike?</h3>

= Total cost of production / Number of bikes

= 17,000 / 200

= 85 bikes

In conclusion, it was $85 per bike.

Find out more on cost per unit at brainly.com/question/23700866.

8 0
3 years ago
Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
vivado [14]

The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

<h3>What is underperformance?</h3>

This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.

An employee can underperformed also when the clearly set contract projection plan is low or when an  employee do not perform the  necessary duties of their role.

When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.

Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

Learn more on underperformance below

brainly.com/question/13794592

#SPJ1

3 0
2 years ago
Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life
qwelly [4]

Answer:

Book value= $51,875

Explanation:

Giving the following information:

Purchase price= $80,000

Salvage value= $5,000

Useful life= 8 years

<u>First, we need to calculate the annual depreciation under the straight-line method:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (80,000 - 5,000) / 8

Annual depreciation= $9,375

<u>Now, we can determine the book value at the end of 2019:</u>

Book value= purchase price - accumulated depreciation

Book value= 80,000 - (9,375*3)

Book value= $51,875

8 0
3 years ago
Many businesses prefer to provide and accept credit cards rather than accept personal cheques. Why do you think this is the case
laila [671]
<span>Many businesses prefer to provide and accept credit cards rather than accept personal cheques because it's more convenient for them to just charge directly to the bank of the credit card rather than they still needs to go to the bank and exchange the cheques.</span>
8 0
3 years ago
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