Answer:
The answer is: D) growth mutual funds
Explanation:
Since the couple doesn't have that much money to invest and they probably can't afford high investment risks, my best advice would be to invest in mutual funds. Mutual funds provide diversified investments which are generally low risk and long term.
To answer this item, we let x be Jeff's speed when going back home. With this representation, the speed from home to his parents is x + 9. The total time it took him for the trip is 8 hours. The time of each trip can be calculated by dividing the distance by time. Such concept is presented below.
8 hours = 160/x + 160/(x + 9)
The value of x from the equation is 36. Thus, his speeds were 36 miles/h and 45 miles/h.
Answer: Conglomerate structure
Explanation: In simple words, conglomerate structure refers to the structure under which many entities operate in different industries under a single corporation. In other words, it is a different name for parent subsidiary relationship.
In the given case, Lito group owns different firms in different industries. Hence from the above we can conclude that the group uses conglomerate structure.
,Answer:
Explanation:
a. Stockholders' equity December 31, 2017
Assets = Equity + Liabilities
529,000 = Equity + 127,000
Equity = 529,000 - 127,000
= $402,000
b. Stockholders' equity in 2018:
Assets = Equity + Liabilities
(529,000 + 101,000) = Equity + (127,000 + 30,000)
630,000 = Equity + 157,000
Equity = 630,000 - 157,000
= $473,000
