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Ivanshal [37]
3 years ago
15

Which of these options for saving money typically offers the most liquidity?

Business
2 answers:
r-ruslan [8.4K]3 years ago
4 0

Answer:

Basic savings account

Explanation:

apex

ExtremeBDS [4]3 years ago
3 0
The correct answer is D. A basic Savings Acount.
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Anthony Finley wishes to become a millionaire. His money market fund has a balance of $287,270 and has a guaranteed interest rat
mrs_skeptik [129]

Answer:

15 years

Explanation:

The target accumulated future amount is the future value of the initial investment(present value), hence, using the future value formula provided below we can determine the investment time horizon in years required to accumulate the target amount:

FV=PV*(1+r)^n

FV=$1,200,000

PV=$287,270

r=10%

n=investment period in years=unknown

$1,200,000=$287,270*(1+10%)^n

$1,200,000/$287,270=(1+10%)^n

$1,200,000/$287,270=(1.10)^n

take log of both sides

ln($1,200,000/$287,270)=n ln(1.10)

n=ln($1,200,000/$287,270)/ln(1.10)

n=15.00years

4 0
2 years ago
The primary advantage of being a limited partner is:
notka56 [123]
<h2>Maximum loss limited to their capital investment</h2>

Explanation:

  • As an investor there is a possibility of both profit and loss. If it is sole proprietorship, the profit or loss will be put on the his / her shoulder.
  • In case of limited partner, the advantage is that if there is a loss occurred it will" limit to their capital investment".
  • He/she enjoys "protected investments"
  • There will not be any huge loss since the capital invested is limited.
  • "A company can have more than one limited partner"

7 0
3 years ago
The sales and profits of an individual product may not follow the life cycle pattern.A. TrueB. False
Nat2105 [25]

Answer:

A. True

Explanation:

The product life cycle is a term that describes a form of structure or arrangement of sales and profits of a product in a given time.

However, due to volatile marketing conditions, it is TRUE, that the sales and profits of an individual product may or may not follow the life cycle of the general pattern.

Hence, the correct answer in this situations is absolutely TRUE

8 0
3 years ago
Assume that a parent company owns a 100% controlling interest in its long-held subsidiary. On December 31, 2013, a parent compan
Vlad [161]

Answer:

Related to the transferred equipment, the items that is true regarding the preparation of the consolidated financial statements for the year ending December 31, 2013 is:

C. The consolidation entries will include a $26,000 debit to "Gain on Sale of Equipment."

Explanation:

a) Data and Calculations:

Original cost of the equipment to the parent = $180,000

Transfer of equipment to subsidiary =                 (118,000)

Accumulated depreciation to December 31,        (36,000)

Unaccounted balance =                                          26,000

b) The unaccounted balance of $26,000 needs to be credited to the parent's Equipment account to remove it from the account.  This will have a corresponding debit entry in another account.  The only correct entry among the options is C.

5 0
3 years ago
Omar and Janet decide to revise their budget for Rings and Things. What suggestions about labor
Citrus2011 [14]

Answer:

Review labor costs downwards

Explanation:

Janet and Omar should consider revising their budget for labor downwards. In the current state, labor costs are $1000, which is approximately 57 percent of all costs. As a rule of thumb, labor costs should be between 25 to 35 percent of total costs. This implies that Janet and Omar's labor costs are very high in relation to the other costs.

Janet and Omar should aim for a profit. Ideally, a 25 to 30 percent profit is a good target for such a business. For this to happen, they need to cut down labor to between $300 to a maximum of $400.

5 0
3 years ago
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