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DerKrebs [107]
3 years ago
7

Read each question and choose the best answer. "How many millionaires do you know who have become wealthy by investing in saving

s accounts? I rest my case."—Robert G. Allen, financial writer This quotation reflects what principle of investing? A. Higher risk usually offers higher potential return. B. Higher risk usually offers lower potential return. C. Greater liquidity usually offers higher potential return. D. Greater liquidity usually offers lower potential return.
Business
1 answer:
aalyn [17]3 years ago
8 0

Answer:

A.

Explanation:

This quote reflects the principle of investing that Higher risk usually offers a higher potential return. Savings accounts are probably the safest investments that an individual can make, where they hold their money in this account and the bank ensures this account while also providing interest on the amount held. This interest that is gained is extremely small and usually wouldn't even cover the average annual inflation rate. The average interest on these accounts is between 0.01% to 0.35% APY. Riskier investments have a much higher potential return from 7% APY to potentially above 100% APY.

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Taxes differ from tariffs because taxes are what?
vlada-n [284]

Answer:

Collected on domestic economic activity

Explanation:

apex

8 0
3 years ago
Read 2 more answers
The ACC Tutoring Service provides tutoring to accounting students. The volume of tutoring is low at the beginning of the semeste
mrs_skeptik [129]

Answer:

Estimated fixed cost is $17,500.

Explanation:

Applying the high-low method, first, we calculated the variable cost per unit of the firm: ( 125,000 - 55,000) / (4,300 - 1,500) = $25 per tutoring hour.

We have : Total cost of a firm = Variable cost per tutoring hour x tutoring hour delivered + fixed cost.

put the number in the formula, using the high point ( using low point will also result in the same result of fixed cost), we have:

125,000 = 25 x 4,300 + fixed cost <=> Fixed cost = 125,000 - 25 x 4,300 = $17,500.

8 0
3 years ago
Keisha took the VARK inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. Which study stra
Alexandra [31]

Answer:

Use visual and kinesthetic study strategies. Because it is easier to use and understand .

Explanation:

Visual learning style focuses on vision. In visual learning style students, the teacher's teaching methods are better emphasized in the demonstration.

Kinesthetic learning styles involve more movement. Students of this type find it easier to understand something by practicing it.

#AnswerForTrees

4 0
3 years ago
Which of the following promises is subject to the "strict performance" standard? Assume that performance of the promise is not a
blagie [28]

Answer:

A promise to deliver a deed

Explanation:

The term, 'strict performance' is used to describe a contract between two parties. A contract is an agreement between two parties, and it is legally binding. When discharging contracts involving services, 'substantial performance' is required. For example, if I tell a painter to paint my house blue except for the kitchen and storeroom which should be painted white, and he does accordingly but failed in painting the kitchen white, he has performed substantially even though there was a minor breach. The consequences of which would be borne by him.

'Strict performance' is required in contracts where the terms are stated in express terms and the standards are very high. A 'deed' is such a contract because it is a document specifying the legal rights of a person or the ownership of a property. It requires the signatures of the two parties. Therefore, strict performance and adherence to the contractual deed are required.

4 0
3 years ago
Most entrepreneurs do not have enough money of their own to start their businesses. when they acquire the necessary funds from s
Furkat [3]

Their investments (in the things they need to run the new company) are being financed by someone else's savings

6 0
4 years ago
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