Hi!
The answer to your question should be B. Pays the difference of the current value to the amount you owe.
Answer:
must choose to invest in either A or B, but not both.
Explanation:
The whole concept of being mutually exclusive is that you must choose only one alternative investment. You can either choose to invest in A or B, but you cannot invest in both A and B, or first invest in A (or B) and then in the other one.
Generally investment projects are mutually exclusive due to budgetary constraints, i.e. you do not have enough money to invest in all of them, so you must choose the most profitable one considering the associated risks and capital costs.
The demand for silver decreases, other things equal, when the gold market is suddenly expected to boom.
This is the logical consequence of the fact that silver and gold are used as investment commodities to preserve the value of your assets. If market predicts a quick increase in the prices of gold, the market will sell its assets in silver to purchase assets in gold to make a greater profit.
Answer:
bandwagon
Explanation:
Bandwagon effect -
It is the psychological method by which people tries to copy or do the same work , just by looking other people doing the same , regardless of their own thinking , behaviours and beliefs , is known as bandwagon effect .
It is also known as herd mentality , which simply means , copying things of that other people are doing , this phenomena is observed during the bull markets .
Hence , from the given example in the question , the correct term is bandwagon effect .
Answer:
$4000
Explanation:
The total sales would the sum of credit sales and sales on cash basis,in effect total sales is $200,000($100,000+$100,000).
The estimate for allowance for uncollectible debt is 2% of total sales,which is $4000 (2%*$200,0000)
Hence,the correct answer in this case is $4000 and it implies that Sully Corporation intends to receive $96,000 in cash out of the debt to its by customers($100,000-$4,000)
