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mash [69]
4 years ago
8

The power of compound interest refers to:_________

Business
1 answer:
Tcecarenko [31]4 years ago
3 0

Answer:

b) interest being reinvested and earning additional interest. 

Explanation:

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Which type of bankruptcy requires the liquidation of most of the debtor's assets?
8_murik_8 [283]
Chapter 7 bankruptcy is a type of bankruptcy that requires the liquidation of most of the debtor's assets. It is the most common of the bankruptcy were may debts are forgiven and a variety of assets are sold, Chapter 7 bankruptcy is favored by individuals. Under of this bankruptcy, the debtor's assets are sold off to pay the lenders.
5 0
3 years ago
You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is
bekas [8.4K]

Answer:

10%

Explanation:

Cost of kiosk last year = $750

Cost of kiosk this year = $825

Percentage increase = $825-$750 / $750 * 100

Percentage increase = $75 / $750 * 100

Percentage increase = 10%

So the percentage increase in the cost of rent is 10%.

6 0
3 years ago
As a business owner, explain the importance of scanning the internal and external environment of a business.
maw [93]

Answer:

1. Identification of strength

2.identificationof weakness

3. Identification of opportunity

4. Identification of threat

5. Optimum of use of resources

8 0
3 years ago
Mike’s Bike Shop rents mopeds to tourists at the beach. The old manager charged $20 per day plus $0.05 per mile. The new manager
AnnyKZ [126]

Answer: Fixed Costs

Explanation:The Manager needs to consider the fixed cost of the business before lowering the charges to customers.

Fixed costs are cost incurred that do not vary with output. if fixed cost are lowered without proper calculation/consideration, the business might run at a loss.  

4 0
3 years ago
If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?
mamaluj [8]

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

5 0
3 years ago
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