Answer:
B. increases; increases
Explanation:
<em>As the interest rate increases, the money invested today will bring higher interest in the future. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive $1,040 after one year, if the interest rate is 6% your money will become $1,060
<em>Future value should be higher the longer money is invested because the borrower should be able to do more activities that bring profit. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive 1,000x(1+0.04) = $1,040 dollars after one year and 1,000x = $1081 after 2 year
Answer:
eight
Explanation:
Starting January 1, 2005, all life agents in California must complete an eight hour annuity training program before they can start soliciting individual customers.
After the initial training program, the life agents must complete an additional four hour training program every two years in order to renew their license.
Answer:
A dissatisfied customer will tell between 9-15 people about their experience. Around 13% of dissatisfied customers tell more than 20 people. – White House Office of Consumer Affairs. Happy customers who get their issue resolved tell about 4-6 people about their experience.
Explanation:
correct me if I am wrong
Answer:
D. Inventory levels are determined as the trade-off between losing the margin on additional sales and the costs of excess inventory.
Explanation:
Option B is wrong because net working capital = current assets - current liabilities, and inventory is a current asset.
Options A and C may or may not be true depending on the company's costs. Holding costs include storage costs, insurance, damaged goods or even spoilage. Depending on the industry, e.g. dairy products, they might be larger than financing costs. But for other industries, e.g. microchips, holding costs are probably much lower than financing costs (a lot of small but expensive goods).