1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
3 years ago
10

Maiko lost her job and she was forced to sell a rental property because she did not have other funds​ (liquid, emergency,​ etc)

available to meet her financial obligations. What financial principle best applies to this​ situation?
Business
1 answer:
alexgriva [62]3 years ago
3 0

Answer: The importance of liquidity

Explanation:

The financial principle at play is the importance of liquidity. Liquidity is the ease with which asset can be converted to cash. Maiko's asset has helped her to solve her financial issues she is experiencing after her job loss, therefore this shows the importance of liquidity.

You might be interested in
A firm will experience a loss when its revenue is less than its expenses
tatiyna
The answer for this question is True
5 0
3 years ago
Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust
Tatiana [17]

Answer:

Total allocated cost= $146.4

Explanation:

Giving the following information:

Julie Stone visited the hotel for a 6-night stay.

Julie had 3 meals in the hotel during the visit.

guest check-in= $8.40 per guest check-in

room cleaning= $21.00 per room cleaning

meal service= $4.00 per served meal

<u>To allocate costs based on the activity, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

guest check-in= 8.40*1= 8.4

room cleaning= 21.00*6= 126

meal service= 4.00*3= 12

Total allocated cost= $146.4

3 0
2 years ago
A popular and useful tool for strategic planning is SWOT analysis. SWOT stands for
Luda [366]

Answer:

Strengths, Worthiness, Opportunities, Training

7 0
3 years ago
Read 2 more answers
Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra
irina1246 [14]

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,  

Present value = $0

Rate of interest = 7%

NPER = 10 years

PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

Therefore, the amount at the end of the year is $22,175.40

4 0
2 years ago
Kroger decided to introduce a new product that appeals to Hispanic consumers. While the product is highly successful among Hispa
Leto [7]

Answer: Target market

Explanation: The target markets refers to the group of customers at which an organisation aims its marketing efforts. In simple words, it is that market in which the organisation intends to make it sale for the generation of profits.

In the given case, Kroger is introducing a product that satisfies needs and preferences of Hispanic customers specially. So we can conclude that Hispanic consumers are the target market for Kroger.

4 0
3 years ago
Other questions:
  • Curling is a sport where teams slide stones on ice and attempt to hit targets. Teams consist of four players. Suppose that Bob,
    6·1 answer
  • Bill wants to give Maria a $630,000 gift in 3 years. If money is worth 6% compounded semiannually, what is Maria's gift worth to
    12·1 answer
  • Which of the following should have the strongest cause and effect relationship with overhead costs? Non-value-added costs. Cost
    6·1 answer
  • A consumer's subjective perception of how a product or brand performs on different attributes based on personal experience, adve
    9·1 answer
  • Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as dividends. If the firm expects to
    11·1 answer
  • Economics is the study of how people try to satisfy unlimited wants and needs with limited resources.
    7·2 answers
  • URGENT!!!
    8·1 answer
  • Helpppppppp, please get correct!!!!
    11·1 answer
  • A company purchases inventory on account for $45,000 with terms 2/10, n/30. Under the net method of accounting for purchases, th
    11·1 answer
  • a may be dfined as decriptio nof a proposed copmany that explains how it epxects to achieve its marketing
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!