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MrMuchimi
3 years ago
8

Funeral services, encyclopedias, fire extinguishers and reference books fall into this product classification: A. Homogeneous Pr

oducts B. Convenience products C. Specialty products D. Unsought products
Business
1 answer:
alina1380 [7]3 years ago
6 0

Answer: Unsought products.

Explanation:

Unsought products are products that consumers rarely purchase, either due to lack of awareness about the product or lack of regular usage of those products. The unsought products includes; encyclopedias, cemetery space, reference books etc.

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According to Markowitz and other proponents of modern portfolio theory, which of the following activities would not be expected
IgorLugansk [536]

Answer:

D. Engaging in active portfolio management to enhance returns

Explanation:

5 0
3 years ago
Sheldon just joined a new gym and signed up for a one-year membership. Membership fees can be paid in 12 monthly payments of $60
mestny [16]

Answer: $688.17

Explanation:

He has to pay $60 every month on the first day or a lump sum.

The lump sum will be the present value of monthly payments.

This is a stable Cashflow and so is an Annuity and because it is done on the first day of the month it is an Annuity due.

Calculating present value of annuity due is;

= Annuity + Annuity (( 1 - ( 1 + r) ^ -(n - 1)) / r)

= 60 + 60 (( 1 - ( 1 + 0.833%)-¹¹) / 0.833%) )

=60 + 60* 10.4695

= $688.17

Note: interest rate must be divided into 12 to make it monthly rate.

=10%/12

= 0.833%

4 0
3 years ago
Which of the below individuals has the best capacity to pay back a loan?
insens350 [35]

Answer:

D. John

Explanation:

John has an annual income of $100,000 which is equivalent to a monthly salary of $ 8,334.00 ($100,000 divide by 12 months)

Applying the 28/36 borrowing rule, Mr. John cannot exceed 36 percent of his monthly income to service debts. It means that John has $ 3000 available every month to service his loans.

John intends to take a loan of $ 10,000. This amount is within his ability to pay. Even if he has other debts, he only needs months to clear the loan plus interest.

If we apply the same rule to Paul, his monthly salary is $2, 084.00. He has $ 750.00 available to pay the loan every month. A loan of $ 50,000 with interest will take about seven years to clear. Considering he may want to take other loans in that period and the value of the car by then, Paul is likely to default.

Eileen will have  $720 available for repayments per month and annually $ 8640.00 to repay $400,000.00; she will need about 47 years. Considering her age, it's not viable.

3 0
3 years ago
Felipe's uncle owns a large manufacturing business with offices in three states. This type of business would BEST be described a
lesya692 [45]

The type of business that the uncle is said to have would be described as an entrepreneurial business.

<h3>What is an entrepreneurship?</h3>

This is used to refer to the business that is owned by a single person. This person is called the entrepreneur who gets to enjoy either the profit or the loss that may occur in the business that he is operating.

The question says that the uncle has a chain of these businesses across three states, we can say that the uncle is an entrepreneur.

Read more on entrepreneurship here: brainly.com/question/353543

#SPJ1

3 0
2 years ago
SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year,
Anon25 [30]

Answer:

treasury stock    382,000 debit

             cash                  382,000 credit

cash          342,500 debit

  treasury stock               274,000 credit

 additional paid-in TS       68,500 credit

cash          84,000 debit

  treasury stock                80,000 credit

 additional paid-in TS         4,000 credit

additional paid-in TS 72,500

Treasury Stock           28,000

<em>The Treasury Stock will be reported as a decrease to the equity.</em>

Explanation:

19,100 shares x $20 per share = 382,000

13,700 shares x $20 per share = 274,000

13,700 shares x $25 per share = 342,500

additional paid-in = 68,500

4,000 shares x $21 per share  =     84,000

4,000 shares x $20 per share =    (80,000)

          additional paid-in                   4,000

68,500 + 4,000 = 72,500 additional paid-in TS

TS 382,000 - 274,000 - 80,000 = 28,000

7 0
3 years ago
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