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Anestetic [448]
3 years ago
8

We know that the longer a person saves, the more time their savings have to compound and grow. Given that fact, why do you think

the young save the least and the older generations save the most? I'll give the brainliest!
Business
1 answer:
vivado [14]3 years ago
5 0

Answer:

The illusion of time

Explanation:

This is because younger people think that they have time to save up later; that if they spend now, they can always make up for it later. On the other hand, older people know that they don't have much time (comparatively) to save money as they did before, so saving money becomes a bigger deal for them.

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Due to the complexity of the incident, the Incident Commander has expanded the Operations Section to include an Evacuation Group
Gnom [1K]

Answer:

Modular Organization

Explanation:

Modular organization is an Incident Command System structure that employs a top-down approach and identify a response organization structure on the basis of the size, complexity, or hazardous effect of an incident. It is the responsibility of the Incident Commander to establish and expand the modular organization as was the case in the example. The ICS organization was expanded to include the Evacuation Group due to the size, complexity, or severity of hazard.

3 0
3 years ago
J.P. Morgan Chase & Company wanted to hire the children of prominent Chinese officials. Considering legal and ethical standa
Elina [12.6K]

Answer:

The interviewer should structure the interview in a way that helps him find out:

  1. Whether the applicants hold parallel job positions in China, and if they do, whether those parallel positions conflict with corporate standards, and general federal law.
  2. Whether the applicants understand the basics of US ethical standards (and J.P. Morgan standards), and US law so that they have a general and reasonable idea of what actions are forbbiden under American codes.
  3. Whether the applicants itend to engage in financial transactions with Chinese officials, and whether the money that would be used would come from J.P. Morgan or not.
  4. This might sound overboard, but as the applicants come from a country that is known to engage in spying, intellectual property stealing, and general involvement with internal issues in other countries, the interviewer should try to ask probing questions to find out if the applicants are some sort of spies or not.

7 0
3 years ago
When needing to complete a currency exchange you should a _____
vampirchik [111]
I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. When needing to complete a currency exchange you should <span>contact a financial institution like a bank, </span><span>check online exchange rates and </span><span>go to a currency exchange store. I hope that the answer has come to your help.</span>
4 0
3 years ago
During 2020, Flint Corporation reported net sales of $5,490,000 and net income of $1,320,000. Its balance sheet reported average
koban [17]

Answer:

The asset turnover is 3.66 times

Explanation:

Asset Turnover is the efficiency rate of the assets of the business to generate revenue for the business. It shows how efficiently the assets of the business are used to generate revenue for the business.

Formula for Asset turnover is as follow

Asset Turnover = Net sales / Average total assets

Asset Turnover = $5,490,000 / $1,500,000

Asset Turnover = 3.66 times

It means that the sale for the period is generated to 3.66 times of average total asset of the business.

5 0
3 years ago
7. DuPont Identity. X Corp. has net income of $20 million, Sales of $100 million, asset turnover of .6, and debt-equity ratio of
goldfiish [28.3K]

Answer:

Explanation:

Net Income = 20m

Sales = 100m

Debt-equity ration = 40%

Asset turnover = 0.60

A)

Profit Margin = Net Income / Sales  = $20 million / $100 million  = 20%

Equity Multiplier = 1 + Debt-Equity Ratio  = 1 + 0.40  = 1.40

Return on Equity = Profit Margin * Asset Turnover * Equity Multiplier               = 20% * 0.60 * 1.40  = 16.80%

B)

Debt-equity ratio = 60%

Equity Multiplier = 1 + Debt-Equity Ratio  = 1 + 0.60  = 1.60

Return on Equity = Profit Margin * Asset Turnover * Equity Multiplier  = 20% * 0.60 * 1.60 = 19.20%

As calculations provide, if debt-equity ratio increases to 60%, Return on equity will increase by 2.40% (19.20% - 16.80%)

7 0
3 years ago
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