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vfiekz [6]
4 years ago
10

Which of the following statements about investing is FALSE?

Business
1 answer:
hoa [83]4 years ago
7 0

Answer:

Investing is a guaranteed way to grow your money. FALSE (IT is not 100% guaranteed, as all money can be lost in failed investment)

Investing is best for long-term financial goals, like paying for retirement. TRUE

Investing is riskier than putting money in a savings account. TRUE

On average, investing money in the stock market earns a higher return than putting money in a savings account: TRUE

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A trade union representing workers in particular job categories acts as a(n) ____________ when it attempts to influence policy.
Sveta_85 [38]
The trade union acts as AN INTEREST GROUP. An interest group refers to a group of people that seeks to influence public policy on the basis of a specific common concern or interest. An interest group can fall under one of two categories which are economic and non-economic interest groups.
7 0
4 years ago
you are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you?
vredina [299]
<span>Goal = accumulate $700 in savings
</span><span>Saving = $30 a month
</span><span> To solve: Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
</span><span>$700/$30 = 23.33 months
</span><span>If sticking to a full month goal, it would take 24 months for the savings to be at $700. </span>
5 0
3 years ago
Read 2 more answers
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
mestny [16]
I'm not sure to be honest
3 0
3 years ago
Angelina is not in the market for new shoes, but she notices a luxury shoe brand featured in her favorite television show and se
Strike441 [17]

Answer:

Angelina is in a <u>passive</u> shopping mode

Explanation:

Passive shopping occurs when an individual is <u>not actively looking to purchase</u> a good or product but is influenced to do so by external factors, <em>such as an advert on television, seeing the product online, or a friend that owns the product.</em>

7 0
3 years ago
Kermit's Hardware's (KH) fixed operating costs are $20.8 million and its variable cost ratio is 0.30. The firm has $10 million i
motikmotik

Answer:

Option (a) is correct.

Explanation:

EBIT:

= Revenues - Fixed operating costs - (variable cost ratio × revenues)

= $32.2 - $20.8 - (0.30 × 32.2)

= 1.74  million

KH's degree of total leverage:

= (EBIT + Fixed cost) ÷ (EBIT - Interest)

= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]

= 26.83

Therefore, the KH's degree of total leverage is 26.83.

3 0
3 years ago
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