Answer: Heyaa! :)
→ income not spent, or deferred consumption. Methods of saving include putting money aside in
- <em>Checking Account</em>
Offers easy access to your money for your daily needs ←
<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.
Hopefully this helps <em>you !</em>
- Matthew ~~
With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
Learn more about Expansion Strategy at
#SPH1
Answer:
C. efficient economies make capital accumulation unnecessary.
Explanation:
Hypotheses is the explanation behind any phenomenon or theory. When there is a study of correlation between factor accumulation and production efficiency, the established and efficient economies can best depict such relation.
For this, efficient economies do make the capital accumulation necessary.
With the the statement "C" is clearly not correct. As the theory can be best explained through studies on efficient economies.
Answer:
Monthly deposit= $45,172.20
Explanation:
Giving the following information:
Travis International has a one-time expense of $1.13 million that must be paid two years from today. The firm can earn 4.3 percent, compounded monthly, on its savings.
To calculate the monthly deposit, we need to use the following variation of the future value formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
i= 0.043/12= 0.003583
n= 2*12= 24
A= (1,130,000*0.003583)/ [(1.003583^24)-1]
A= 45,172.20
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.