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faltersainse [42]
3 years ago
13

PLEASE HELP!!! ONLY GOOD ANSWERS,

Business
1 answer:
Helga [31]3 years ago
7 0

The sooner you need the money, the less risk you will be willing to take on.

If you have until you retire, you may be more willing to gamble on riskier investments for the potential of bigger returns because if it doesn't work out you will still have plenty of time to make up the loss. However, if you need the money sooner for a car you should only take on a minimal amount of risk.

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Calculate the dollar rate of return on a 10 comma 00010,000 pound sterling deposit in a London bank in a year when the interest
lyudmila [28]

Answer: 92.7%

Explanation:

Due to the depreciation of the Dollar against the Pound, the foreign denominated deposit will have an even higher return.

Let's calculate that return.

= New Exchange rate - Former exchange rate / Former exchange rate

= 1.42142 - 1.23123 / 1.23123

= 0.15447

= 15. 4%

There is a gain of 15.4%.

In order to get the total dollar rate of return we add this just calculated return to the interest rate on pound which is 77%.

= 77 + 15.4

= 92.7%

In dollars then the return is 92.7%.

If you need any clarification please feel free to comment or react. This will help other users as well. Thank you.

8 0
3 years ago
albert finally found a buyer for his five plex in closing this except for the august 8th at closing for
ra1l [238]
He is closing August 8th I thought he was dead
6 0
3 years ago
Karen and Anika, the owners of a new personal assistant firm called Assist You 2, are interested in offering their services in a
madreJ [45]

Answer:

understand the position of their competitors.

Explanation:

For a business to strive in an environment where competitors are also operating it is very important to have a good understanding of position of competitors in the market place.

In the given scenario there are other other start-up firms and local shops operating in the same community.

The business has completed the segmentation and targeting processes, to ensure that they are best positioning their service within this community.

Next they will have to understand the competition's aims, strategies, and strengths in order to adequately counteract them.

3 0
3 years ago
Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intra
madam [21]

Answer:

Learning curve

Explanation:

Reference is made to the time and cost with respect to the fact that the proposed system is about the same size as others. Learning curve theory teaches to identify cost and time in relation to specific jobs

3 0
3 years ago
In its income statement for the year ended December 31, 2020, Kingbird, Inc. reported the following condensed data.
tekilochka [14]

Answer and Explanation:

The preparation of the multiple-step income statement is shown below:

Net Sales $2,415,700

Less: Cost of goods sold $1,314,300

Gross profit $1,101,400

Less: Operating expense -$736070

Operating income $365,330

Other revenue    

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Other expense    

Interest expense $74,650

Loss on disposal of plant assets $18,990 $93,640 -$62,050

Net income $303,280

6 0
3 years ago
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