3 years ago

Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

1 answer:

3 0

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.

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3 years ago

What major financial problem does a person face when trying to cash a paycheck without a bank account?

Svetllana [295]

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D) Paying a fee at another financial institution to cash the check. thats the answer

Explanation:

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3 years ago

Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows

Ray Of Light [21]

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3.14 years

Explanation:

Year Cash flow Accumulated cash flows

0 -$4,900 -$4,900

1 $1,150 -$3,750

2 $1,350 -$2,400

3 $2,230 -$170

4 $1,250 $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

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2 years ago

6) For which of the following should you save?

aleksandr82 [10.1K]

For my retirement and my family future

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2 years ago

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