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NeTakaya
3 years ago
9

Thomas is thinking about the car he wants to buy in a few years. He doesn't know what he should do right now so that he can buy

the car. What should Thomas do?
Business
2 answers:
Crank3 years ago
8 0
Thomas should get a job and save every pay check he gets and then in a few years he would have to sit his self down and think about the pros and cons of the car he wants. 
Stolb23 [73]3 years ago
3 0

Answer:

He should become more knowledgeable about smart ways to save and about car loans is the correct answer.

Explanation:

First, it is necessary to consider that Thomas wants to buy a car in a few years and not exactly now or soon. It means that he doesn't have enough money so he should research about different ways to save money because he can get a good profit from it. He should also learn about car loans since he might need one and when the time comes, he will know how to handle the situation.

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Resources are:
MariettaO [177]

Answer:

b.Scarce for households and scarce for economies

Explanation:

  • A resource is a source of supply form which benefit is produced and has some utility and is broadly classified in there availability. The resources are those that are scare in terms of the households and the economies and depends on the availability of the factors.
4 0
3 years ago
The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat
Reptile [31]

Answer:

A)

risk free rate = 8%

market rate = 15%

Xyrong's beta = 1.2

pays 40% of income in dividends

latest EPS = $10

ROE = 18%

k = 8% + (1.2 x 7%) = 16.4%

g = ROE x (1 - 40%) = 10.8%

div1 = [(40% x $10) x (1 + g)] = $4 x 1.108 = $4.432

stock price = $4.432 / (16.4% - 10.8%) = $79.14

B)

div0 = $4

div1 = $4.432

price0 = $103

price1 = $79.14 x (1 + g) = $79.14 x 1.108 = $87.69

holding period return = ($4.43 + $87.69 - $103) / $103] = -0.1056 or -10.56%

5 0
3 years ago
Consider the following for Guardian Manufacturing Company: Change in finished goods inventory $ 315 increase Change in work-in-p
vesna_86 [32]

Answer:

B) $ 485 $ 170

Explanation

The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in  an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.

So the cost of goods manufactured is $ 630 - $ 145 = $  485.

The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.

so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.  

8 0
3 years ago
Western National Bank is considering opening a drive-through window for customer service. Management estimates that customers wi
Nimfa-mama [501]

Answer:

Explanation:

find the answer below

6 0
3 years ago
Brody Corp uses a process costing system in which direct materials are added at the beginning of the process and conversion cost
ivann1987 [24]

Answer:

14,105

Explanation:

Calculation for What would be the equivalent units for conversion cost using the weighted average method

Equivalent units for conversion cost=[(1,300 + 13,000 - 650 )×100%]+ (650 × 70%)

Equivalent units for conversion cost=(13,650 × 100%) + (650 × 70%)

Equivalent units for conversion cost=13,650+455

Equivalent units for conversion cost= 14,105

Therefore What would be the equivalent units for conversion cost using the weighted average method will be 14,105

5 0
2 years ago
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