All categories

3 years ago

Diversification is an important part of investing because

Business

1 answer:

xeze [42]3 years ago

7 0

Diversification in investments will reduce long-term risk.

You might be interested in

Match each of the categories of inventory with the right supported function. Production maintenance, repair, and other activitie

Mice21 [21]

Answer:

1. spare parts - Repair, and other activities

2. work-in-process - Production maintenance

3. indirect materials - Customer Service

Explanation:

The manufacturing cost which is directly affected by the units produced is direct cost and the manufacturing cost which is not affected by the units produced is indirect cost.

Material used for Customer service is indirect material

Work in process is part of production maintenance

Spare parts are required to complete repair activities.

6 0

3 years ago

Sweet Acacia Industries reported income taxes of $339,324,400 on its 2017 income statement and income taxes payable of $274,010,

S_A_V [24]

Answer:

$50,153,400

Explanation:

The formula is to increase the income tax expense for the year by any decrease in income tax payable or decrease income tax expense by any increase in income tax payable for the year

Step 1: Calculate the Increase/Decrease in Income tax payable from 2016-2017

=Income tax Payable for 2017= $563,181,600

Income tax Payable for 2016= $274,010,600

=563,181,600-274,010,600= $289,171,000 - This represents an increase in income tax payable from 2016-2017

Step 2: Decrease the Reported Income Tax by the Increase in Income Tax payable as calculated in Step 1.

= $339,324,400-$289,171,000= $50,153,400

Cash Payments made for Income Taxes During 2017 is $50,153,400

5 0

3 years ago

Why it is important to consider all aspects of a job before accepting the position? provide at least two reasons?

Lemur [1.5K]

Because how do you know whether or not to accept the position. How do you know if it’s the right job for you? Or, what if you have to choose between two appealing offers? Will you feel comfortable with the people you work with?

3 0

3 years ago

fay is mentally incompetent but has not been so adjudged by a court. any contract fay enters into is voidable if fay has a luc

Sindrei [870]

Any contract Fay enters into is "voidable if the other party does not realize that Fay is incompetent".

Business contract law holds that people that have been proclaimed mentally uncouth in a courtroom may discover an agreement they go into announced void, voidable, or enforceable. The guardian is the main individual who can go into an agreement for the incompetent individual's behalf.

3 0

3 years ago

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works over

Citrus2011 [14]

Answer:

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works overtime, she will not be offered a promotion in the next 10 years. In this scenario, Ruth's beliefs are in accordance with the expectancy theory.

6 0

4 years ago