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riadik2000 [5.3K]
3 years ago
11

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

Business
1 answer:
labwork [276]3 years ago
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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if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to
prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0
3 years ago
Determine which shipping alternative would be most economical to ship 125 boxes of parts when each box has a price of $200 and h
harina [27]

Answer: Two-day option at $301.10

Explanation:

Total cost = Cost of Shipment + (H * shipment time)/365

H = Annual earning potential = 125 units * (200 * 30%)

= $7,500

Overnight shipping:

= 300 + 7,500 * 1/365

= $320.55

Two-day

= 260 + 7,500 * 2/365

= $301.10

Six-day

= 180 + 7,500 * 6/365

= $303.29

<em></em>

<em>The Two-day option would be most economical. </em>

4 0
3 years ago
Choose the indicator that is not relevant in identifying a company's present strategy Select one: A. management's planned, proac
BigorU [14]

Answer:

The correct answer is the option E: moves to respond and react to changing conditions in the macro-environment and in industry and competitive conditions.

Explanation:

To begin with, when it comes to know and develop the business strategy from a company the most important factors to have in mind are all the key functional strategies, the mission, strategic objectives and financial objectives. As well as the strategic role that the companies who have an alliance with the company have. The management's plan to outcome the rivals is also super important. And finally the moves to respond to changing conditions in the macro-environment are very important things to have in mind but when it comes to describe one's strategy in the business that is not fundamental due to the fact that those moves will appear eventually when the occasion arises, so that is why that is answer.

5 0
4 years ago
Gordon Industries has 6 percent coupon bonds outstanding with a face value of $1,000 and a market price of $959.21. The bonds pa
salantis [7]

At the current interest rate of 6.5%, the bonds will mature in 12 years.

CALCULATIONS:

RATE= 6.5%                

PMT= 1000$*6% = 60$                

PV= 959.21$

FV= 1000$                

NO. OF YEARS TO MATURE= NPER(rate, pmt, -pv,fv,0)

                                                =NPER(6.5%,60$,-959.21$,1000$,0)

                                                 =12 YEARS

A coupon bond, also known as a bearer bond or bond coupon, is a debt obligation that includes semiannual interest coupons. The issuer keeps no record of coupon bond purchasers, and the purchaser's name is not printed on any kind of certificate. Between the time the bond is issued and the time it matures, bondholders receive these coupons.

Coupons are typically described in terms of the coupon rate, which is the yield paid on the date of issuance by a coupon bond. The interest rate on the coupon is subject to change. The coupon rate is calculated by adding all of the annual coupons and dividing the total by the bond's face value.

Learn more about coupon bonds here:

brainly.com/question/14746407

#SPJ4

8 0
2 years ago
In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm’
timofeeve [1]

Answer:

B. $6,844 million.

Explanation:

We know,

Net working capital = Current asset - Current liabilities

Given,

Net working capital = $(2,346) million

Current asset = $4,498 million

Putting the value into the formula, we can get

Net working capital = Current asset - Current liabilities

Current liabilities = - Net working capital + Current asset

Current liabilities = - (2,346) + $4,498

Current liabilities = $2,346 + $4,498

Current liabilities = $6,844 million.

Option B is the correct answer.

7 0
3 years ago
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