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astra-53 [7]
3 years ago
14

What is the principal ?

Business
1 answer:
9966 [12]3 years ago
6 0

Answer

adjective

1.

first in order of importance; main.

"the country's principal cities"

Similar:

main

chief

primary

leading

foremost

first

most important

predominant

dominant

(most) prominent

key

crucial

vital

essential

basic

staple

critical

pivotal

salient

prime

central

focal

premier

paramount

major

ruling

master

supreme

overriding

cardinal

capital

preeminent

ultimate

uppermost

highest

utmost

top

topmost

arch-

number-one

Opposite:

minor

subordinate

subsidiary

2.

(of money) denoting an original sum invested or lent.

"the principal amount of your investment"

noun

1.

the person with the highest authority or most important position in an organization, institution, or group.

"a design consultancy whose principal is based in San Francisco"

Similar:

boss

chief

chief executive (officer)

CEO

chairman

chairwoman

managing director

MD

president

director

manager

employer

head

leader

ruler

controller

head honcho

gaffer

governor

guv'nor

2.

a sum of money lent or invested, on which interest is paid.

"the winners are paid from the interest without even touching the principal"

Similar:

capital sum

capital

capital funds

working capital

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7 0
3 years ago
Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 3.5%; scenar
lys-0071 [83]

Answer:

2. 20 years under scenario A, versus 16 years under scenario B

Explanation:

It is clearer if I explained with an example:

Let suppose that a nation´s real GDP for 2018 was 1000. In scenario A you will have:

2019:1000*3.5%=1035

2020:1035*3.5%=1071,2

and so on, the same for scenario B

2019: 1000*4,5%= 1045

2020: 1045*4,5%= 1092

and so on.

I attached an excel table where you can see that: in the first scenario, between year 20 and 21 (2038 and 2039) the GDP will double and in the second one, between year 15 and 16 GDP will double. The answer is 2.

4 0
3 years ago
true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for mor
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Explanation: This quiz question explains the relationship between income and demand.

7 0
4 years ago
Flingers Inc. reveals the following information in their annual report for FY 2004. Earnings and Expenses Sales $10,000,000 Cost
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Answer:

25%

Explanation:

Given: Sales= $10,000,000

           Cost of goods sold= $5000000.

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           Merchandise inventory= $80000.

           Total assets= $2000000.

Now, computing the value of return on assets.

Formula; Return\ on\ assets= \frac{Net\ income}{Average\ total\ assets} \times 100

⇒ Return\ on\ assets= \frac{500000}{2000000} \times 100

⇒ Return\ on\ assets= 0.25 \times 100

∴ Return on assets= 25\%

Hence, Flinger´s return on assets is 25%

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5 0
3 years ago
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