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Elden [556K]
3 years ago
13

1.6 Read the scenario below and answer the questions that follow:

Business
1 answer:
Marina CMI [18]3 years ago
3 0

Answer:

1.6.1 unit trusts

1.6.2 -share price may fluctuate

-unit trusts are not allowed to borrow,

therefore reducing potential returns

-not good for people who want to invest for

a short period.

-Not good for people who want avoid risks at

all costs

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Full-service banks are authorized to conduct business without a license granted by the federal or state government.
mixas84 [53]

Answer:

B

Explanation:

(c) Any person who engages in the business of money transmission without a license as provided herein shall be guilty of a felony and, on conviction thereof, shall be fined not more than $25,000, or imprisoned for not more than 5 years, or both. (July 18, 2000, D.C. Law 13-140, § 24, 47 DCR 3431.) § 26–1024. Promulgation of rules.

I hope this helped.

7 0
3 years ago
Ugh Inc.'s net income for the most recent year was $15,585. The tax rate was 40 percent. The firm paid $3,846 in total interest
Umnica [9.8K]

Answer:

4.71

Explanation:

Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.

<u>Workings</u>

Cash coverage ratio = cash + cash equivalent / interest expenses.

To arrive at the cash equivalent , depreciation is added back to the net income

Cash equivalent = 15,585+ 2,525 = 18,110

Interest expenses = 3,846

Cash coverage ratio = 18,110 / 3,846 = 4.71

This seems high and it is advisable that cash should be used for some short term investments to earn other profit

7 0
4 years ago
Suppose that the owner of the small business you work for is planning to raise prices in order to increase revenues. The busines
andriy [413]

Answer:

B

Explanation:

Less competition equals hgiher prices.

6 0
3 years ago
Working capital can be defined as
DiKsa [7]

Answer:

A. current assets less current liabilities

I think this is answer

Explanation:

hope it help you

3 0
3 years ago
_________ is a class of analytics tools that helps an organization align its strategy with what is happening within the operatio
prohojiy [21]

Answer: Business intelligence

Explanation:

Business intelligence is a class of analytics tools that helps an organization align its strategy with what is happening within the operation.

Business intelligence (BI) combines data tools, mining, visualization, business analytics, and infrastructure, in order to assist businesses to make more decisions that are data-driven.

6 0
3 years ago
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