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3 years ago

What actions could employers and government take to encourage saving in society?

1 answer:

3 0

They can set good examples of people who practiced savings and the result it gave them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter.

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The spread or difference that results when product price exceeds average total cost determines

Illusion [34]

Profitability

these extra words are added to pad my precise answer with additional words so there will be enough more words

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3 years ago

Impression management theory suggests that people change their attitudes to match their behaviors in an effort to

Reika [66]

Answer:

Impression management theory states that one tries to alter one's perception according to one's goals. In other words, the theory is about how individuals wish to present themselves, but in a way that satisfies their needs and goals.

Explanation:

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2 years ago

A firm has a capital structure with $3 in equity and $3 of debt. The cost of equity capital is 0.17 and the pretax cost of debt

vampirchik [111]

Answer:10.06 %

Explanation:

WACC = (Cost of equity × weight of equity ) + (Cost of debt × weight of debt)

Cost of equity = 0.17

Cost of debt = pretax cost of debt × (1 - tax rate )

0.06 × 0.52 = 0.0312

Weight of debt and equity = $3 / $6 = $0.5

WACC = ( 0.17 × 0.5 ) + (0.52×0.06 × 0.5) = 0.085 + 0.0156 = 0.1006 = 10.06%

4 0

3 years ago

You own a bond that has a duration of 7 years. Interest rates are currently 8%, but you believe the Fed is about to increase int

qaws [65]

The answer could be D but if not then it has to be C

7 0

3 years ago

Prepare a monthly flexible selling expense budget for Cottonwood Company for sales volumes of $300,000, $350,000, and $400,000,

rodikova [14]

Answer:

Sales volumes $300,000 $350,000 $400,000

Total selling expenses $541,500 $595,750 $650,000

Explanation:

Basically, a flexible budget can be described as a budget that adjusts with changes in volume or activity.

Therefore, monthly flexible selling expense budget for Cottonwood Company which adjusts with sales volumes can be prepared as follows:

Cottonwood Company

Monthly Flexible Selling Expense Budget

For the Month .....

Details $ $ $

Sales volumes 300,000 350,000 400,000

Variable selling expenses:

Sales comm. (6% of sales) 18,000 21,000 24,000

Shipping exp. (1% of sales) 3,000 3,500 4,000

Misc. selling exp. (1.5% of sales) 4,500 5,250 6,000

Fixed selling expenses:

Sales manager's salary 120,000 120,000 120,000

Advertising expense 90,000 90,000 90,000

Misc. selling expense 6,000 6,000 6,000

Total selling expenses  541,500   595,750   650,000 

8 0

3 years ago