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Svetllana [295]
3 years ago
10

Anthony is deciding between different savings accounts at his bank. He has four options, based on how frequently interest compou

nds. Which should he choose if he wants the best rate of return on his interest?
A) Annual Compounding
B) Semi-Annual Compounding
C) Monthly Compounding
D) Daily Compounding
Business
1 answer:
GaryK [48]3 years ago
7 0

Answer: D) Daily Compounding

Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.

Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.

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Ideally, any group you join for business promotion should have at least how many members?
Oksi-84 [34.3K]

500 HUNDRED IS THE AWNSER HOPE IT HELPS PLZ THANKS ME

7 0
3 years ago
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An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or
viva [34]

Answer:

B) Joint Venture

Explanation:

Joint venture is a kind of business arrangement where two firms merge which includes combining resources and ideas to enhance productivity. Another scope under the topic, joint venture is the  international joint venture. This type of business partnership involved firms from different countries, combining resources and ideas to enhance productivity. This happens when a firm attaches itself to a foreign firm in another country of its interest, to mix up on expertise and other essentials to develop their outputs.

3 0
3 years ago
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when some resources used in production are only available in limited quantities, it is likely that the long-run supply curve in
aleksklad [387]

Answer:  The correct option therefore is > upward sloping

Explanation:

When resources are limited in quantity, the cost of production would increase. Hence, in the long run, the supply curve will be upward sloping.

3 0
2 years ago
Wolverine Corporation plans to pay $3 dividend per share on each of its 300,000 shares next year. Wolverine anticipates earnings
lesantik [10]

Answer:

new equity  $  1,425,000

new debt     $    950,000

Explanation:

retained earnings

300,000 x (6.25 - 3) = 975.000

If debt is 0.4 of assets then by deifinition:

assets = liab+ equity

1 = 4 + equity

equity = 0.6 (60%)

<u>Retained Earnings breakpoint</u>

975,000 / 0.6 = 1,625,000‬

The company can riase capital expenditured for 1,625,000 and mantaining his capital structure.

As the company need 4,000,000 it will need to raise more capital as it surpass the retained earnings breakpoint.

4,000,000 - 1,625,000 = 2,375,000

2,375,000 x 0.6 = 1,425,000 new equity

2,375,000 x 0.4 =   950,000 new debt

4 0
3 years ago
Miller's office building with an adjusted basis of $625,000 and a fair market value of $885,000 is condemned on December 30, 201
Amiraneli [1.4K]

Answer:

1a. Recognized Gain $20,000

1b. Basis $625,000

Explanation:

1a. Calculation for Miller's recognized gain using this formula

Miller's recognized gain =Condemnation award-Costs of building a new office

Let plug in the formula

Miller's recognized gain=$850,000-$830,000

Miller's recognized gain=$20,000

Therefore Miller's recognized gain will be $20,000

1b.Miller's basis

Based on the information given we were told that Miller's office building had an adjusted basis of the amount of $625,000 which simply means that Miller's BASIS for the new office BUILDING will be the amount of $625,000

Therefore the Basis is $625,000

4 0
3 years ago
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