The effect of saving for a holiday by investment compared to paying off a holiday loan
Explanation:
It is better to paying off a holiday loan compared to saving for a holiday.
Simple math suggests it's probably better to pay off debt rather than adding to your emergency fund, or, for that matter, saving for other, more distant concerns, such as holiday. If you're paying more interest than you're earning in interest, you're losing money.
Answer:
E) rebuilding consumer interest in pork
Explanation:
Going by the campaign theme "Pork. The Other White Meat", and looking at the strategy of the campaign which involves providing nutritional information and pork recipes, in order to encourage people to view pork as an alternative to poultry and fish, it is obvious that the function of rebuilding consumer interest in pork is the main goal of the public relations campaign that is championed by the National Pork Board.
Contrary to the general opinion and view held by people against pork, the board is trying to portray "pork" as a good meat and an alternative that people can purchase. The nutritional information and pork recipes that are provided would help in rebuilding the interest of consumers in going for pork as an alternative to poultry and fish.
Answer: 2,080,000 shares
Explanation:
The question states that 2,080,000 shares were issued at a price of $15 per share so this will be the number of shares issued.
Shares issued are those shares that were actually sold by the company from the number of Authorized shares and quite often they will be less than the number of Authorized shares allowed.
Answer: The quantity of labor increases, and the effect on the wage rate is indeterminate.
Explanation:
The supply of people who can make bicycles has increased at the same time the demand for bicycles has increased. The supply curve would therefore shift to the right and so would the demand curve for labor. They will intersect at a new point where the quantity of labor has now increased.
Unfortunately, the effect on the wag rate would be indeterminate because the wage rate might just stay the same on account of the supply increasing along with the demand instead of either of them increasing unilaterally. When tis happens, the change is said to be indeterminate.
Answer:
Firm's fixed asset turnover = 4.5
Explanation:
Given:
Current assets = $100,000
Total assets = $300,000
Firm's sales = $900,000
Find:
Firm's fixed asset turnover
Computation:
Fixed assets = Total assets - Current assets
Fixed assets = $300,000 - $100,000
Fixed assets = $200,000
Fixed asset turnover = Sales / Fixed asset
Firm's fixed asset turnover = $900,000 / $200,000
Firm's fixed asset turnover = 4.5
