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3 years ago

Financial choices revolve around three primary decisions: spending, saving, and

2 answers:

8 0

Answer: borrowing.

When you have money you have to decide whether you want to spend/invest it or save for future spending. If you save it is because you can earn interests and increase the value of your money.

Yet, you have a third option to consider. You can borrow money. Whether it is better to borrow money to spend today is a financial issue, and the convenience will depend on the cost of that money (the interests that you have to pay to the bank) and the benefits of using it.

andreyandreev [35.5K]3 years ago

7 0

Answer:

Sharing

Explanation:

It's about REVOLVING. Also, notice the pattern of them all starting with an s.

You might be interested in

Mention any 4 criteria that a human resource manager should consider about job applicants.

enyata [817]

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following.

The criteria that a human resource manager should consider about job applicants are the following.

1.- Technical expertise in their fields.

Candidates must show they have the experience for the position they are applying for.

2.- Accountability.

Managers should prove that candidates are responsible people and own the consequences of their decisions and actions.

3.- Commitment.

Managers have to realize that candidates are willing and able to show appreciation and commitment to the company. Their work must be a priority and should be dedicated to it.

4.- Communication.

Employees should show their communications abilities and capacity to accept criticism.

6 0

3 years ago

Which of the following contributed to the financial crisis of 2008?

yarga [219]

All of the above given options contributed to the financial crisis of 2008.

Option D

<h3><u>Explanation:</u> </h3>

The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.

2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.

5 0

3 years ago

An asset used in a 4-year project falls in the 5-year MACRS class for tax purposes. The asset has an acquisition cost of $9,000,

Hunter-Best [27]

Answer:

$2,288,448

Explanation:

In order to calculate after-tax salvage value we first compute depreciation as per MACRS 5 year class.

MACRS 5 years states that following depreciation is chargeable in corresponding years,

Year 1 = 20%

Year 2 = 32%

Year 3 = 19.2%

Year 4 = 11.52%

We now calculate total depreciation on asset over the useful life of 4 years.

DEP Y1 = 9,000,000 * 0.20 = $1,800,000

DEP Y2 = 9,000,000 * 0.32 = $2,880,000

DEP Y3 = 9,000,000 * 0.192 = $1,728,000

DEP Y4 = 9,000,000 * 0.1152 = $1,036,800

We can now calculate Net book value at the end of 4th year

NBV = 9,000,000 - 1,800,000 - 2,880,000 - 1,728,000 - 1,036,800

NBV = $1,555,200

Taxable value = Sale price - NBV

Taxable value = 2,520,000 - 1,555,200 = $964,800

Tax = $964,800 * 0.24 = $231,552

After tax salvage value = 2,520,000 - 231,552 = $2,288,448

Hope that helps.

4 0

3 years ago

What are two types of goods/services that lend themselves well to price competition? Discuss these goods/services and reasons wh

telo118 [61]

Explanation:

The two types of goods / services where price competition works best are those classified by a market model of perfect competition and imperfect competition.

In perfect competition, there is a predominance of a homogeneous market, with the presence of many companies and without barriers to entry, where there is the possibility of free price competition, such as the food industry.

In imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition but depending on the benefits, functionality and degree of differentiation of the good perceived by the consumer.

6 0

3 years ago

On January 1, 2014, Fishbone Corporation sold a building that cost $260,300 and that had accumulated depreciation of $105,700 on

Drupady [299]

Answer:

1. The amount of gain should be reported: $37,983

2. The answer is $291,131

Explanation:

The actual consideration's receipt is the present value of the cash flow from the note which is calculated as 249,400 / ( 1+9%)^3 = $192,582.5599

The Net book value of asset = Original cost - accumulated depreciation = 260,300 - 105,700 = $154,600

=> Gain on sales = $192,582.5599 - $154,600 = $37,983

To determine the amount needs to paid out for the purchase, determine the price per stock first.

The stock price will be determined as the present value of cash flows from bonds, discounted at yield to maturity.

We have: Annual coupon payment = 1,000 x 9% = $90

=> Stock price = (90/11%) x ( 1 - 1.11^-10) + 1,000/1.11^10 = 882.21536

=> Amount need to be paid for the purchase = stock price x bond purchased = 882.21536 x 330 = $291,131

6 0

3 years ago