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4 years ago

You put $500 in an interest bearing bank account that pays 2% per year but has a fee of $2 per month. Are you getting ahead?

1 answer:

6 0

The answser is that you are not getting ahead.

2% or $500 is 2*500/100 = $10.

Then, if you keep the $500 you will earn $10 in a year.

But the bank is takind $2 each month, so definetly you will earn less than $10 in a year.

An dhte bank will take $2 * 12 = $ 24 from you in a year.

By earning less than $10 the first year and lossing $ 24 the same year you will end with less than $ 500 and every year you will se your money decreasing.

Answer:b. No.

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Gail Co. has determined the cost of its 12/31/Year 1 inventory on a moving-average basis to be $200,000. Information pertaining

sineoko [7]

Answer:

C) $0

Explanation:

Gail determined that its inventory's worth by using the lower of cost or net realizable value (NRV). All the inventory accounting methods use this valuation method except LIFO or retail.

In this case the NRV of the inventory is the selling price minus selling costs = $215,000 - $10,000 = $205,000, but the inventory's cost is already lower since the average cost is only $200,000. Therefore the inventory's value is reported at its cost, so there is no reason why a write-down should be recognized.

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3 years ago

A hedge fund with $1 billion of assets charges a management fee of 2% and an incentive fee of 20% of returns over a money market

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Missing information:

a. −5%

b. 0

c. 5%

d. 10%

Answer:

a. only management fees = $20,000,000

b. only management fees = $20,000,000

c. only management fees = $20,000,000

d. $30,000,000 (management fees + $10 million incentive fee)

Explanation:

management fee 2%

incentive fee 20% of returns if total returns are over 5%

common fees for every situation (managers always win even if investors lose):

$1,000,000,000 x 2% = $20,000,000

a. −5% , no incentive fee

b. 0 , no incentive fee

c. 5% , no incentive fee

d. 10%, incentive fee = (10% - 5%) x 20% x $1,000,000,000 = $10,000,000

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3 years ago

Two industries that have the same four-firm concentration ratio can have significantly different herfindahl indexes. A. TrueB. F

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True Two industries that have the same four-firm concentration ratio can have significantly different Herfindahl indexes.

What is Herfindahl indexes?

The Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently used before to and after merger and acquisition (M&A) deals to assess market competitiveness.

The index gauges a company's size in relation to the size of the industry it operates in as well as its level of competition. The market share of each company that competes in a market is squared, and the resulting values are then added to determine the HHI. Its values can range from almost 0 to 10,000, with lower numbers denoting a less crowded market.

A widely used indicator of market concentration is the HHI. It is determined by squaring the market share of each company that is engaged in market competition and then adding the resulting figures.

to learn more about Herfindahl indexes click:

brainly.com/question/15701307

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1 year ago

If a given racial group has relatively few graduates from elite law schools in comparison to other groups, there is likely a pro

xxTIMURxx [149]

In this case, there is likely a problem of <span>equality of outcome.
Equal outcome is a political concept where a certain group of people within a society unable to obtain the same results compared to other group given the same chance that exist in front of them. (This concept a little bit different with equal opportunity where those group of people may not receive the chance to begin with)</span>

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3 years ago

The general rule for a new startup is to

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Answer:

a. avoid seeking investment for as long as possible

Explanation:

A startup can be defined as a young or an emerging company started by one or more entrepreneurs having a core technological component and high growth potential in order to execute a unique idea or goods and services.

The general rule for a new startup is to avoid seeking investment for as long as possible.

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4 years ago

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