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goldfiish [28.3K]
3 years ago
7

You were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving th

is money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.
Business
1 answer:
Elina [12.6K]3 years ago
7 0

Answer:

(only a) the best option would be investing in stocks

Explanation:

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Which of the following statements is not true concerning Peter Jackson's use of computer-generated imagery in The Lord of the Ri
Sonbull [250]

Answer:

c

Explanation:

I believe its C due to the fact. stunt doubles are actual individuals. or they would just have the actor be edited instead of placing a digital stunt double.

6 0
2 years ago
Carlton files a petition in bankruptcy. One of the goals of bankruptcy law with respect to a debtor is to:____.
german

Answer:

<em>Carlton files a petition in bankruptcy. One of the goals of bankruptcy law with respect to a debtor is </em><em>to </em><em>provide a fresh start, free from creditors' claims </em>

8 0
2 years ago
Zigzag Manufacturing has just hired a new controller, Leslie Demorest. During her first week on the job, Leslie was asked to est
Marizza181 [45]

Answer:

Zigzag Manufacturing

The Effectiveness of Leslie Demorest's Budgeting Strategy

The strategy of adjusting the previous year's operating expenses with inflation is not an effective way of strategic budget planning.  Leslie's budgeting strategy does not take advantage of forecasts of unexpectedly good performance and fails to provide any reaction that can occur when there are downturns in cash flow.

An effective budgeting strategy should provide the standard for the effective use of financial resources of Zigzag Manufacturing in its business operations.  There are no clear goals to be achieved and an evaluation of how the goals will be achieved through the budget implementation.

Explanation:

An effective budget should be able to forecast and track revenues and expenses, which are received and incurred in pursuit of business goals and projections.  An effective budget ensures that those who implement the projections contained in the budget remain motivated.  The idea of adjusting previous expenses with inflation is not an effective budgeting strategy.

3 0
3 years ago
The rules of debit and credit for expense accounts are the same as the rules for asset accounts. true or false
zepelin [54]
True hope this helps!!
8 0
3 years ago
Consider the market for socks. The current price of a pair of plain white socks is $6.00. Two consumers, Jeff and Samir, are wil
muminat

Answer:

consumer surplus = $3.5

producer surplus = $2

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Jeff's consumer surplus = $7 - $6 = $1

Samir's  consumer surplus = $8.50 - $6 = $2.50

total consumer surplus = $1 + $2.50 = $3.50

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

Manufacturer 1's producer surplus = $6 - $4.5 = $1.50

Manufacturer 2's producer surplus = $6 - $5.50 = $0.50

total producer surplus = $1.50 + 0.50 = $2

3 0
3 years ago
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