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rjkz [21]
3 years ago
12

The local electronics store is offering a promotion​ "1-year: same as​ cash," meaning that you can buy a tv​ now, and wait a yea

r to pay​ (with no​ in
Business
1 answer:
shtirl [24]3 years ago
3 0

Answer:

$961.54

Explanation:

To calculate the real price of the TV you would have to determine the present value of the TV's price. The future price of the TV is $1,000 and your discount rate is 4% annual (the same as your bank), so the present value of the TV =

present value = future value / (1 + rate) = $1,000 / 1.04 = $961.54

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Which of the following statements is TRUE?
natita [175]

Answer:

B. Mutual funds are actively managed while index funds are

passively managed.

Explanation:

Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.

A professional manager manages a mutual fund. The manager uses different analytical tools to select the stocks to be included in the portfolio carefully.  Index funds track the prices of the underlying Index.  Index funds can be mutual funds or exchange-traded fund ETF such as the S&P 500. Index funds are passively managed.

Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.

5 0
3 years ago
Big-Mouth Frog Corporation had revenues of $200,000, expenses of $120,000, and dividends of $30,000. When Income Summary is clos
Aleksandr-060686 [28]

Answer:

Credit of $80,000

Explanation:

Big-Mouth Frog Corporation Calculation for Retained earnings

Using this formula

Retained earnings =Revenue- Expenses

Where,

Revenue =$200,000

Expenses =$180,000

Let plug in the formula

Retained earnings =$200,000-$180,000

Retained earnings =$80,000

Therefore when the Income Summary is closed to Retained Earnings, the amount of the credit to Retained Earnings will be $80,000

6 0
3 years ago
Can someone tell me if it’s correct, and which one is wrong
Nat2105 [25]

Answer:

Yes,they are correct.

Explanation:

5 0
3 years ago
Read 2 more answers
What is this section of the check register used for?
Rasek [7]

Answer:

C

Explanation:

it's very obvious bcs it has transaction amount in the pic

3 0
4 years ago
Read 2 more answers
The woodshop, a local cable show, ran through the process of identifying its competitive advantages by using a perceptual map to
AnnZ [28]

Answer:

  • communicate and deliver its positioning strategy
  • define its positioning strategy

Explanation:

The wood shop company after identifying competitive advantage, they need to define their positioning strategy it will help them to learn about the market, customers and their competitors. After clearly understanding their positioning, they must communicate and understand the market dynamics to attain short-term and long term growth.

6 0
3 years ago
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