Answer:
allocate a portion of the customer's portfolio to "Dot Com" stocks that will not reduce the customer's retirement income below the amount needed for comfortable living
Explanation:
Given that the potential client is concerned that his purchasing power is decreasing and wishes to allocate an increased portion of his portfolio to aggressive growth stocks.
Hence, the best recommendation is to "allocate a portion of his portfolio to "Dot Com" stocks that will not reduce his retirement income below the amount needed for comfortable living"
Answer:
The correct answer is D. cigarettes
.
Explanation:
From the end of the 19th century, the industrialization and mechanization of the cigarette manufacturing process allowed its diffusion to a larger population and made its consumption more massive. In a few decades, cigarette consumption became widespread in most western countries, reaching more than 50% of the adult population.
The take-off of this massive consumption of tobacco occurs, in the United States, from the 20s of the 20th century, between the 30s and 40s in Central Europe and from the 50s in Spain. This phenomenon triggered one of the most serious health problems that modern society has faced.
Answer:
$200,000
Explanation:
Given:
Selling price = $30
variable expenses = 70% of = 70% of $30 = $21
Fixed cost = $60,000
Computation of contribution margin :
Computation of break-even sales:
Break-even sales = Fixed cost / contribution margin
Break-even sales = $60,000 / 0.3
Break-even sales = $200,000
Based on the amount that the property has sold for and the loan amount, the additional cash the buyer will bring is $297,999.65.
<h3>How much should the buyer bring?</h3>
The amount the buy should bring as additional cash is:
= 899,999 - (899,999 x 65%) - 17,000
= 899,999 - 584,999.35 - 17,000
= $297,999.65
In conclusion, the buyer should bring $297,999.65.
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Answer:
3
Demand is elastic
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
60 / 20 = 3
Demand is elastic because the coefficient of elasticity is greater than 3.
This means that a small change in price has a greater effect on the quantity demanded.
I hope my answer helps you