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2 years ago

Steven puts aside some of his money for future use. He is a _____ .

Business

2 answers:

Nana76 [90]2 years ago

8 0

A) saver
this is the correct answer.

gavmur [86]2 years ago

4 0

The answer is A, a saver.

He is putting money aside for later instead of spending it on anything else

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An investment will pay $200 at the end of each of the next 3 years, $300 at the end of Year 4, $500 at the end of Year 5, and $8

pantera1 [17]

Answer:

Present value = $1,780.20

Future value = $2,385.64

Explanation:

Years Annual cash flows Discount factor @5% Present value

1 $200.00 0.9523809524 $190.48

2 $200.00 0.9070294785 $181.41

3 $200.00 0.8638375985 $172.77

4 $300.00 0.8227024748 $246.81

5 $500.00 0.7835261665 $391.76

6 $800.00 0.7462153966 $596.97

Present value $1,780.20

Now the future value is

Future value = Present value × (1 + interest rate)^number of years

= $1,780.20 × (1 + 0.05)^6

= $1,780.20 × 1.3400956406

= $2,385.64

8 0

3 years ago

As of December 31, 2019, Armani Company’s financial records show the following items and amounts.

MrRa [10]

Answer:

Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.

Operating expense (salaries expense+rent expense)=20000+12000=32000

Selling and administrative expense = 8000

Explanation:

Armani Company

Year end Income statement 2019

Revenue = 55000

less: Operating expense =(32000)

Gross Profit 23000

less :Selling and administrative expense = (8000)

Net profit 15000

Notes: Question should be mentioned the company nature of business so that we can identify company real business.

8 0

3 years ago

Bob is unemployed because his skills have become obsolete due to technological advances. this is ____ unemployment.

hammer [34]

Answer: Technological Unemployment

Explanation: This happens when new technologies do the previous job better than its human counterpart.

7 0

2 years ago

Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 1

SCORPION-xisa [38]

Monthly Flexible Manufacturing Budget

For the Year 2017

Activity level

Finished units 73,600 96,200 118,800

Variable costs

Direct materials($3) $220,800 $288,600 $356,400

Direct labor($6) $441,600 $577,200 $712,800

Overhead($9) $662,400 $865,800 $1,069,200

Total variable costs $1,324,800 $1,731,600 $2,138,400

Fixed cost

Depreciation[($6 * 1,299,600) 12] $649,800 $649,800 $649,800

Supervision[($2 * 1,299,600) / 12] $216,600 $216,600 $216,600

Total fixed costs $866,400 $866,400 $866,400

Total costs $2,191,200 $2,598,000 $3,004,800

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brainly.com/question/12988342

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2 years ago

What’s going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only compet

IceJOKER [234]

Answer: The answer is oligopolistic competition

Explanation:

Price can be defined as the amount of money for which a goods or services is been offered for sale by the sellers of the goods. It is a sum of money at which the seller and the buyer agrees to exchange a goods or services. The price of a product or services usually shows the cost of the product and the quality of a product or services been offered for sale by the sellers. When a business set a price for their products or services they usually takes into consideration factors such as survival, profit maximization, return on their investment, market share, and the business prestige.

The strategy of setting the same price with your competitors is called oligopolistic competition. In this case, if one competitor wants to be ahead of other competitors in the market, then such a competitor has to include in their product features that will not be found in the product of their competitors, through this process such a competitor would be ahead of their competitors in the market by having the larger share of the market.

7 0

2 years ago