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3 years ago

Let’s say your friend wants to invest all of her saved money into ONE individual stock. Is this a good idea? Why or why not?

Business

1 answer:

OverLord2011 [107]3 years ago

3 0

This is not a good idea as stocks are volatile.

Explanation:

One must never invest a lot of money in only one stock as the stocks are wont to change over time and gain or lose value.

If one wants a long term investment with at least some amount of safety they must be investing in stocks that grow consistently and then to break up the capital in small chunks and then invest them.

All of these can be invested in different shares in the market and then the shares would be more safe.

Even if one or two shares fall the others will be safe.

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2. What is the range of the FICO score?

sergeinik [125]

Answer:

true: credit card history

7 0

2 years ago

Based on the following information: Assume that Forrest Company uses the LIFO accounting method. In year X1, Forrest reported th

Andru [333]

Answer:

a. $15,500

Explanation:

Based on LIFO, cost of 1500 unit sold will be entirely from the Purchases (year X1). Therefore, we have:

Value of units purchases (year X1) outstanding after sales = (2,000 - 1,500) * $11 = 500 * $11 = $5,500

Therefore, we have

LIFO Inventory on 12/31/X1 = Value of beginning Inventory (1/1/X1) + $5,500 = $10,000 + $5,500 = $15,500.

8 0

3 years ago

On August 1, 1958, first-class postage for a 1-ounce envelope was 4 cents. On August 1, 2007, a first-class stamp for the same e

Andrej [43]

Answer:

4.86%

Explanation:

Given that,

First-class postage for a 1-ounce envelope = 4 cents

On August 1, 2007

A first-class stamp for the same envelope cost = 41 cents

Period, n = 49 years

$F=P(1+i)^{n}$

$41=P(1+i)^{49}$

$\frac{41}{4}=(1+i)^{49}$

$10.25\ cents=(1+i)^{49}$

$1.0486=(1+i)$

i = 1.0486 - 1

= 0.0486 or 4.86%

Therefore, the interest rate is 4.86%.

3 0

2 years ago

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

g100num [7]

Have no clue sorry that is not the answer

8 0

2 years ago

The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C Sales reve

Mekhanik [1.2K]

Answer:

Cash flow :

For Case A = $27,450

Case B = $14,000

Case C = $25,000

Explanation:

As per the data given in the question,

Case A Case B Case C

Cash collected from customers $712,000 $555,000 $97,500

Cash payment to suppliers -$40,000 -$25,500 -$65,200

Cash payment for operating expense -$3,750 -$16,000 -$7,300

Net cash provided by operating activities $27,450 $14,000 $25,000

Where,

Cash received from customers = Net sales + dec. in account receivable - inc. in accounts receivable

Cash paid to suppliers = COG sold + inc. in inventory + dec. in accounts payable - dec. in inventory - inc. in accounts payable

Cash paid for operating expense = operating expense - Depreciation + inc. in prepaid expense + dec. in accrued expenses payable - inc. in accounts payable - inc. in accrued expenses payable

6 0

3 years ago