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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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Profit is only a liability for the business. Can you justify this?​
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Answer:

A growing company may not be earning any profits yet, but may nevertheless provide a great investment opportunity.

Other times, a lack of profitability can be a huge red flag that something is wrong with the firm.

Explanation:

3 0
3 years ago
The Conways received close to $40 million from the sale. However, shortly after the sale, the Conways regretted signing the non-
Lyrx [107]

Answer:

Incorrect

Explanation:

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3 years ago
Anne Mullens is the bookkeeper for DWG Refrigeration Repair. One afternoon while she was preparing the bank deposit, a customer
vesna_86 [32]

Answer:

Anne Mullens committed embezzlement.

Explanation:

Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.

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7 0
3 years ago
Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi
Neko [114]

Answer:

the payback period is 14 months

Explanation:

The computation of the payback period is shown below:

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= 1 + $330,574 ÷ $1,669,426

= 1 +0.198 years

= 1.198 years

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= 14 months

Hence, the payback period is 14 months

8 0
3 years ago
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ololo11 [35]

Answer:

The answer is D. Taguchi concepts.

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6 0
3 years ago
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