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3 years ago

Strategies on how businesses can cope with financial strain

1 answer:

8 0

Money can be the number one source of frustration in relationships. These frustrations ring true for couples regardless of the length of their courtship or the number of years they have been married. This Tip Sheet offers tips to help couples handle the financial strain that often accompanies a long-term relationship.

For many couples, ample money can represent fun, good health, a new car, or owning a home. However, lack of money can mean frustration, anxiety, credit card debt, foreclosure, and even depression.

While money means different things to different people, there is no denying that we all need it! And for everyone, especially couples, the challenge is to manage it consistently.

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You invest $5000 in an account at 5.5% per year simple interest. how much will you have in the account after 6 years?

Rus_ich [418]

Simple interest means that you only need to find the interest once and then keep adding it on every year. In this case, the interest would be 5.5% of $5000 every year, which is 275.
In 6 years, you'll have $1650, which is the amount earned from interest, plus $5000, which is the original investment.

So you'll have $6650 in 6 years.

3 0

3 years ago

Read 2 more answers

Burberry's competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?

Mumz [18]

Answer:

c.Burberry may run out of creative ideas to remain differentiated.

Explanation:

After considering the Burberry story, which business-level strategy is the company attempting to pursue?

a. Focused Differentiation

b. Focused Low Cost

c. Broad Low Cost

d. Integrated Differentiation and Low Cost

Burberry's competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?

a. Customers might decide that the price differential between the differentiator's product and the cost leader's product is too large.

b. Customers may decide that it is "too different".

c. Burberry may run out of creative ideas to remain differentiated.

d. There are no risks to differentiation strategies.

In addition to the new designer, Burberry also stepped up its involvement in social media, relationships with style magazines and connecting with high-profile trendsetters. This is an example of which concept?

a. Streamlining processes to take out unnecessary steps

b. Customization of the product offering to reach different market segments

c. Reaching efforts focused on building relationships and adding customers

d. Increasing customer retention and reducing customer churn

5 0

3 years ago

01:42:59 Scott really enjoys working with money, including making it grow. He is also a natural leader and would enjoy working w

umka2103 [35]

The finance cluster and the management cluster would be best for Scott because in finance he can work with money and others but in the management cluster he can be a leader working with others.

6 0

3 years ago

Read 2 more answers

Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt funding scenario. He will borrow

Hunter-Best [27]

Answer:

6.442%

Explanation:

Given:

Amount borrowed from Wendy = $1,227

Charges on loan by Wendy = 4% = 0.04

Amount borrowed from Bebe = $1,143

Charges on loan by Bebe = 6% = 0.06

Amount borrowed from Shelly= $630

Charges on loan by Shelly = 12% = 0.12

Now,

Total cost of capital = $1,227 + $1,143 + $630 = $3,000

Weight of Wendy = $\frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}$

= $\frac{\textup{1,227}}{\textup{3000}}$

= 0.409

Weight of Bebe = $\frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}$

= $\frac{\textup{1,143}}{\textup{3000}}$

= 0.381

Weight of Shelly= $\frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}$

= $\frac{\textup{630}}{\textup{3000}}$

= 0.21

The weighted average cost of capital for Eric

= ∑ (weight × cost)

= 0.409 × 0.04 + 0.381 × 0.06 + 0.21 × 0.12

= 0.01636 + 0.02286 + 0.0252

= 0.06442

= 0.06442 × 100% = 6.442%

4 0

4 years ago

While walking along a beach, Daniel notices that several girls are wearing large, round plastic sunglasses and the boys are wear

Shkiper50 [21]

Answer:

the correct answer should be A.

6 0

3 years ago