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3 years ago

Beginning investments should be?

Business

1 answer:

Amiraneli [1.4K]3 years ago

4 0

Answer:

Investment Beginner

There are plenty of investments for beginners, including mutual funds and robo-advisors.

…

Here are six investments that are well-suited for beginner investors.

401(k) or employer retirement plan.

A robo-advisor.

Target-date mutual fund.

Index funds.

Exchange-traded funds (ETFs)

Investment app

Explanation:

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In a catalog a coat was on sale for $65.55 this week. It regularly sells for $77.77. If the sales tax is 6% and shipping is belo

bazaltina [42]

Answer:

$14.96

Explanation:

Shipping and handling charges are attached.

Given: Discounted price= $65.55.

Regular sales price= $77.77

Sales tax= 6%.

Now, find the cost of coat after tax.

Cost of coat= $77.77+(77.77\times 6\%)$

⇒ Cost of coat= $77.77+ 4.66= \$ 82.43$

Adding shipping charges to the cost= $82.43+8.95= \$91.39$

Hence, cost of coat after tax and shipping charges= $91.39.

Next finding total cost of coat if sold at discount after tax.

Cost of coat at discounted price after tax= $65.55+(65.55\times 6\%)$

⇒ Cost of coat at discounted price after tax= $65.55+ 3.93$

⇒ Cost of coat at discounted price after tax= $\$ 69.48$

Adding shipping charges to the cost of coat= $69.48+6.95=\$ 76.43$

Hence, cost of coat at discounted price after tax and shipping charges= $76.43.

Finding saving amount by ordering coat at the sale price or discounted price.

∴ Saving = $Total\ cost\ of\ coat\ at\ regular\ price - Total\ cost\ of\ coat\ at\ discounted\ price$

Saving= $91.39-76.43= \$ 14.96$

Hene, Total saving by ordering coat at the sale price is $14.96

7 0

3 years ago

Which is the best measurement to use to determine who might have the absolute advantage?

Makovka662 [10]

Answer:

low opportunity cost

Explanation:

Opportunity cost is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

Low opportunity cost: The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.

4 0

3 years ago

First national bank charges 11.5 percent compounded monthly on its business loans. first united bank charges 11.7 percent compou

stich3 [128]

APR=11.5% compounded monthly
$EAR=(1+0.115/12)^12-1=0.121259=12.13%$
EAR=12.13%

APR=11.7% compounded semi-annually
$EAR=(1+0.117/2)^2-1=0.12042225=12.04%$
EAR=12.04%

5 0

4 years ago

In order to compute equivalent units of production using the FIFO method of process costing, work for the period must be broken

bazaltina [42]

Answer:

C. completed from beginning inventory, started and completed during the month, and units in ending inventory

Explanation:

During the period, the work done is:

the last part of the beginning WIP

If BI is at 40% complete

During the period 60% is assign to this period cost

the started and complete, those count entirely, as they are finished.

and the equivalent work of the endind inventory

this is also work done during the period, so it should be accounted to assing cost into.

5 0

3 years ago

What is variable costs

Juliette [100K]

Variable costs are corporate expenses that vary in direct proportion to the quantity of output. Unlike fixed costs, which remain constant regardless of output, variable costs are a direct function of production volume, rising whenever production expands and falling whenever it contracts.

7 0

3 years ago