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Studentka2010 [4]
4 years ago
5

Yesterday, the president of RB Enterprises received a phone call from DLK, a competitor. DLK is a sole proprietorship. An unexpe

cted family situation has caused the owner to suddenly want to retire and relocate closer to his family. Thus, the assets of DLK are being offered to RB Enterprises at a bargain basement price. While RB Enterprises had not anticipated purchasing these assets, it was decided that the opportunity was too good to pass up. This illustrates which of the following needs to hold cash?
A. precautionary
B. transaction
C. speculative
D. compensation
E. float
Business
1 answer:
luda_lava [24]4 years ago
7 0

Answer:

Speculative

Explanation:

Investors/ traders normally use this tactic to hold cash so as to make the best use of any investment opportunity that may come up

Keeping all money invested doesn't always provide the best solution  all the time. Maintaining some  amount of liquidity in one's portfolio is one of the top priorities for an investor. Generally, investors keep a fair amount of such cash with them so as to earn higher profits.

.In such a situation as RB enterprises was put in , the cash kept  aside by the them equips him to exploit such an attractive investment opportunity. This is known as speculative motive.

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Describe briefly what an automatic identification system (AIS) is and how service organization could use AIS to increase product
MrRa [10]

Answer:

An automatic identification system (AIS) is an automated tracking device fitted to a vehicle or vessel to display objects around the vicinity of the vessel on a screen.  This helps the driver of a vehicle, for instance, to identify such objects and know how to afford head-on collisions.  For a ship, the signal sent to the VT station helps in monitoring movements around the ship.

Explanation:

Most ships are fitted with AIS to enable Vessel Tracking services.  The AIS also shows the other ships that are around and transmits the information to the Vessel Tracking Station (VTS).  Some modern cars are fitted with AIS to help the driver to identify obstructive objects.  The identified signal is displayed on the dashboard of the car just as the maritime AIS displays on the ship's dashboard as it also transmits to the VTS.

3 0
3 years ago
A scientific paper that has passed through the peer review process is more respected than one that has not. Why might a scientis
frez [133]

Answer:

B) The described experiment meets or exceeds the standards of good science.

Explanation:

When we say a scientific report that has been peer-reviewed, it means that it has been read and evaluated by other scientists. The peer-review process is meant to ensure the integrity and quality of the scientific publications. The peer reviewer should review the experimental design, the data and the analysis.

4 0
4 years ago
Read 2 more answers
You are depositing $1,500 in a retirement account today and expect to earn an average return of 6.5 percent on this money. How m
mr_godi [17]

Answer:

$16,335.90622

Explanation:

The computation of the additional income earned is shown below:

For 40 years

Future value = Present value × (1 + rate of interest)^number of years

= $1,500 × (1 + 0.065)^40

= $18,624.1118

For 50 years

Future value = Present value × (1 + rate of interest)^number of years

= $1,500 × (1 + 0.065)^50

= $34,960.01802

Now the additional amount is

= $34,960.01802 - $18,624.1118

= $16,335.90622

3 0
3 years ago
Suppose Winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. One
Snezhnost [94]

Answer:

Winston took a very good decision.

Explanation:

If Winston is making economic profit then the decision is good

Economic profit=Total revenue-implicit cost - explicit costs

where,

implicit cost= opportunity cost of best alternative  and explicit cost is accounting costs

=150000-(60000+4000)-8000

=78.000

The economic profit is positive, a good indicator that Winston took a good decision.

7 0
3 years ago
To set up a decision tree, you should Multiple Choice
aleksandr82 [10.1K]

Answer: Determine the cash flows that are most apt to occur given a set of circumstances.

Explanation:

To make a decision on a project to be implemented one must engage in the most apt of financial analysis because predicting the future is no easy task but one must try to get the most accurate of figures when trying to make a decision to enable a smooth implementation of the project.

One should also remember that there are different scenarios that may occur with a project and it is imperative that all those scenarios are researched and assigned the most apt of figures to ensure for instance, that should that scenario happen, plans can be made to fully utilize whatever opportunities it presents.

3 0
4 years ago
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