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3 years ago

When bernard madoff used money from newer investors to pay off older ones, this was an example of ____?

1 answer:

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It is a case of an ethical dilemma. These are circumstances in which there is a decision to be made between two choices, neither of which settle the circumstance in a morally satisfactory manner. In such cases, societal and individual moral rules can give no tasteful result to the chooser.

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Indicate the correct term to each description of a financing agent, activity, setting, or instrument.

Brilliant_brown [7]

Answer:

Indication of correct terms:

a. The reward a saver expects on loaned funds: 3. Interest rate

b. The cost a borrower pays for loaned funds: 3. Interest rate

c. The -difference between the real interest rate and the nominal interest rate: 1. Inflation rate

d. The percentage of disposable income that is kept as personal savings: 2. Saving rate

e. The term that indicates most people need to be incentivized to save: 4.Time preference

f. The result consumption exceeding income over a particular period: 5. Dissaving

Explanation:

1. Inflation rate is the ratio of the change in the prices of goods when compared with an indexed figure.

2. Saving rate is the ratio of savings kept behind from disposable income earned. It shows the ratio of income not consumed when earned.

3. Interest rate is the ratio of the amount that is saved or loaned out that people would receive in order to incentivize them to save or lend and prefer the same amount today and in future.

4. Time preference is a term that shows that people value an amount of money today more than they value the same amount received in future. So, they would rather spend that amount today than spending it tomorrow.

5. Dissaving is spending more than income and even tapping into or consuming from the savings account.

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3 years ago

Why do many business owners avoid market research? Question options: They're afraid of hearing any negative feedback. They don't

rosijanka [135]

In most cases, the business owners are <u>unwilling to take the time</u>. Market research is incredible important when running a business, and by not doing it, you are going into a market that you have no idea about. This can hurt the business in the short-term because they won't know which demographics to serve, how the location they're in contributes to their sales, what products or services are popular, and if there is a lot of competition in their market. All these can have negative impacts on the business and it's why market research is so important!

It can also be because <u>they don't know how to do it</u>. Most business owners don't really know how to research demographics and competition, so they tend not to do it, or hire others who how to do it.

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3 years ago

Read 2 more answers

The Doodad Company purchases a machine for $440,000. The machine has an estimated residual value of $40,000. The company expects

Alika [10]

Answer:

Annual depreciation= $35,000

Explanation:

Giving the following information:

The Doodad Company purchases a machine for $440,000.

The machine has an estimated residual value of $40,000.

The company expects the machine to produce eight million units.

The machine is used to make 700,000 units during the current period.

To calculate the depreciation expense under the units-of production method, we need to use the following formula.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Annual depreciation= [(440,000 - 40,000)/8,000,000]*700,000

Annual depreciation= 0.05*700,000

Annual depreciation= $35,000

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3 years ago

As you and your partner report for duty, you check your ambulance and begin talking about the possibility of a terrorist attack.

grandymaker [24]

The most effective and appropriate way to determine the likelihood of this happening is to: stay informed, keep up with the news

6 0

3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol

jolli1 [7]

Answer:

Date General Journal Debit Credit

Dec 31 Supplies expenses $2,300

(1,650+3,800-3150)

Supplies $2,300

(To record the supplies used during the period)

Dec 31 Insurance expenses $1,650

Prepaid expenses $1,650

(To record the insurance expired for December)

Dec 31 Salaries expenses $15,300

Salaries payable $15,300

(To record the unpaid salaries)

Dec 31 Deferred revenue $1,150

(3450/3 months)

Rent revenue $1,150

(To record the revenue earned during the period)

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3 years ago