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iris [78.8K]
3 years ago
15

what's the best definition of financial literacy? a. the efficient and effective management of moneyb. the ability to find, eval

uate, utilize, share, and create financial contentc. the business or services conducted by a bankd. the ability to use knowledge and skills to manage financial resources effectively
Business
1 answer:
san4es73 [151]3 years ago
5 0
Im going to say the answer is A
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A company is trying to decide whether to go ahead with an investment opportunity that costs $90,000. The expected incremental ca
Shtirlitz [24]

Answer:

The payback period for the $90000 investment is 5 years.

Explanation:

Payback period=Initial outlay/Annual net cash flow

This requires that the initial capital investment must be established,which is $90000

However, the investment gives expected incremental cash inflows of $50000 as well as outflows of $32000, as a result , annual net cash flow is $18000($50000-$32000)

In other words,payback period is $90000/$18000=5 years

The payback refers to number of years it takes the initial investment to be recouped.This means that any net cash inflows after 5 years are the project's return.

4 0
3 years ago
Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven
Ede4ka [16]

Answer:

The total cost will be "$1,279,286.25".

Explanation:

The total cost at 125000 Km will be:

=125000\times  12.520

=1,565,000 ($)

The total cost at 90000 Km will be:

=90000\times 16.5

=1,485,000 ($)

The variable cost will be:

=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }

=2.28571 ($)

Now,

Fixed cost = Total \ cost -variable \ c ost

                  = 1,565,000 - 125000\times 2.28571

                  = 1,279,286.25 ($)

5 0
3 years ago
The two main sources of stockholders' equity are a.net income retained in the business and dividends paid b.investments by stock
Lady_Fox [76]

Answer:C - investments by stockholders and net income retained in the business

Explanation: Stakeholders equity are the investments made by investors into the business plus any profit retained by the business.

Stakeholders equity can also be said to be the gross profit less all liabilities for a specified period. This also includes assets that the company owns.

It does not include dividend issued for the period as dividend is also a liability to the company.

7 0
3 years ago
Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of €512,100. The U.
Anestetic [448]

Answer:

The importer accepts this price, so his bank will debit the importer's account in the amount of $500,000.

A. debit, $500,000

Explanation:

Bank debit is a bookkeeping term for realization of the reduction of deposits held by bank customers. A bank debit occurs when a bank customer uses the funds in their account, therefore reducing their account balance.

Euros 512100  

   

dólar 1 1,0242 euros

         x 512100  euros

   

x= 500.000  

7 0
3 years ago
Current information for the Healey Company follows: Beginning raw materials inventory $15,200 Raw material purchases 60,000 Endi
elena-14-01-66 [18.8K]

Answer:

125,800

Explanation:

FIRST we check how many materials were used in production

beg raw + purchases = ending raw + used in production

15,200 + 60,000 = 16,600 + used in production

used in production = 58,600

SECOND the cost added during the period for the three main cost components

Raw materials 58,600

DL 42,800

MOH 30,000

cost added during the period 131,400

LASTLY the COGM

Beg WIP + cost added = ending + COGM

22,400 + 131,400 = 28,000 + COGM

COGM = 153,800 - 28,000

COGM = 125,800

3 0
3 years ago
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