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3 years ago

Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy

1 answer:

6 0

Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.

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Suppose that Jack and Sophia and Hal enter into an agreement for the sale of the business without the non-competition agreement.

Gnoma [55]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

In the following situation, Jack, Hal, and Sophia agreed to a business without an agreement, so in this situation, if jack wants not to take $100,000, he is not liable for this because it is the agreement for sale without the non-competition clause.

So, it is a valid contract.

Therefore, option "C" is the correct answer.

5 0

3 years ago

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company

love history [14]

Answer:

$25,760,000

Explanation:

The net amount of decrease and increase of cash a business or individual owns.

To find the proper cash flow amount used as the initial investment in fixed assets, use the following:

Calculation of initial investment outflow = cost of land + cost of plant + grading cost

= $9,600,000 + 15,200,000, + $960,000

= $25,760,000

Calculation of initial investment outflow = $25,760,000

Therefore the initial investment outflow is $25,760,000

4 0

4 years ago

Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp

evablogger [386]

Answer: The social security tax will be withheld through September.

Explanation:

Social Security maximum base amount = $128,400

social security tax rate = 6.2% = 0.062

Medicare tax = 1.45% = 0.0145

Medicare Tax = no maximum

Base salary = $180,000

Social security tax amount = 0.062 × $128,400 = $7,960.80

Medicare Tax = 0.0145 × $180,000 = $2,610

Social security tax to be withheld = $7,960.80

Social security maximum base amount = $128,400

Monthly salary = $15,000

$128,400 ÷ $15,000 = 8.56

($15,000 × 8) + ($15000×0.56) = $120,000 + $8400

Therefore, the social security tax will be withheld through the ninth month which is between January to September

8 0

3 years ago

An ad on the newsnow web site asks viewers to "send us your story and we might share it with the world." ollie submits a manuscr

Serggg [28]

Answer:

There should be no contract formed between Newsnow and Ollie.

Explanation:

To form a contract, there should be 03 essential elements which are an offer; an acceptance and an consideration the offeror gives the offeree once the contract has been delivered.

For the purpose of this question, putting aside the examination of the 02 essential elements which are an offer and an acceptance, given there are lack of certain consideration in Newsnow advertisement, there are lack of one essential element for the contract to be formed. In other words, there are no "meetings of mind" in this scenario, thus it is quite certain there is no contract between Newsno and Ollie.

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3 years ago

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Charmingbells inc. has been running into a loss gradually, but the board of directors are reluctant to shut the company down bec

Elena L [17]

The situation best outlines Competitive Failure. In financial aspects, advertise disappointment is a circumstance in which the portion of products and ventures isn't proficient. That is, there exists another possible result where no less than one individual might be improved off without exacerbating another person off.

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3 years ago

Read 2 more answers