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3 years ago

Which of the following is generally true about savings vehicles

2 answers:

8 0

The option that is generally true about savings vehicle is that people should evaluate different forms of savings vehicles based on their needs.
You shouldn't go about buying a new vehicle if that is not something you need - savings vehicles are there for people who truly have a need for them, and otherwise wouldn't have bought them in the first place. So you should go around and see which type you need and why.

Anastasy [175]3 years ago

4 0

Answer:people should evaluate different forms of savings vehicles based on their needs.

Explanation:

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On 6/30/12, a company paid $106,000 to retire a bond before maturity. The company recorded a $6,000 loss as part of the transact

natta225 [31]

Answer:

a. The face value of the bond was $100,000

Explanation:

7 0

3 years ago

Which of the following statements is a valid critique of rational choice theory?A. People will rarely choose the acceptable opti

ohaa [14]

Answer:

B. People do not like to act predictably, even with perfect information.

Explanation:

Rational choice theory states that people tend to make logical calculations when they are trying to make choices. This is aimed at making sure that choices made are in line with their objectives.

The expectation is to provide the individual with greatest satisfaction.

Therefore people choose the optimal solution and not just the acceptable one.

The individual's ability to conduct analysis can limit their rationality.

However the statement that people do not act rationally even with perfect information is in conflict with the rational choice theory

4 0

3 years ago

Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating inc

Nady [450]

Answer:

1. $425,000

2. 10.49%

3. 1.25

4. 13.11%

Explanation:

The computations are shown below:

1. For Average operating assets

= (Beginning Operating Assets + Ending Operating Assets) ÷ 2

= (390,000 + 460,000) ÷ 2

= $425,000

2. For margin:

= Net Operating Income ÷ Sales × 100

= $55,750 ÷ $531,250 × 100

= 10.49%

3. For turnover:

= Sales ÷ Average Operating Assets

= $531,250 ÷ $425,000

= 1.25

4. For return on investment:

= Net Operating Income ÷ Average Operating Assets

= $55,750 ÷ $425,000

= 13.11%

3 0

3 years ago

Some schools provide free breakfast go to all students rather than to those who face food insecurity because offering to it all

snow_lady [41]

Answer:very true

Explanation:

5 0

3 years ago

Martin purchased municipal bonds that yield 7% annually and certificates of deposit which yield 9% annually.

jeka94

Answer:

the amount invested in municipal bond is $8,000

the amount invested in certificated on deposits = $11,000 - $8,000

= $3,000

Explanation:

Data provided in the question:

Annual yield on municipal bond = 7% = 0.07

Annual yield on certificated of deposits = 9% = 0.09

Initial investment = $11,000

Annual income = $830

Now,

Let the amount invested in municipal bond be 'x'

Therefore,

the amount invested in certificated of deposits = $11,000 - x

Thus,

according to question

⇒ 0.07x + 0.09( $11,000 - x ) = $830

⇒ 0.07x + $990 - 0.09x = $830

⇒ -0.02x = $830 - $990

⇒ -0.02x = -$160

⇒ x = $8,000

Hence,

the amount invested in municipal bond is $8,000

the amount invested in certificated on deposits = $11,000 - $8,000

= $3,000

7 0

3 years ago