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Sidana [21]
3 years ago
15

Joel and Liza are having a disagreement over one of their stock investments, which just lost 15 percent in a short period of tim

e. Liza has a very high risk tolerance, but Joel has a low risk tolerance. What would Liza argue?
a. Buy more stock at the lower price
b. Hang onto the stock until the price climbs again
c. Sell half of the stock and invest in a more reliable company
d. Sell all of the stock before it loses more value
Business
2 answers:
anastassius [24]3 years ago
8 0
B.

It says Liza is risk tolerant, therefore it would make sense that she would hold on to these stocks as risk tolerant people often hold onto stocks in the long term.
oksano4ka [1.4K]3 years ago
6 0
<h2><u>Answer:</u></h2>

The correct answer is B (Hang onto the stock until the price climbs again)

<h3><u>Explanation:</u></h3>

As Joel and Liza are having a disagreement over their stock investments, I think the best option is B as they also lost 15% in a short period of time. So as, it says Liza is hazard tolerant, hence it would bode well that she would clutch these stocks as hazard tolerant individuals regularly clutch stocks in the long haul.

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Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 42 cents per mil
geniusboy [140]

Answer:

Break even in miles = 8800 miles per year

Explanation:

The break even in units is the number of units that must be sold in order for the total revenue to be enough to cover total costs or in order for the total revenue to be equal to the total costs.

In the given scenario, the units are miles driven and the break even in units will be the number of miles to be driven to cover total costs.

The formula for break even in units is as follows,

Break even in units = Fixed costs / Contribution margin per units

Where,

Contribution margin per units =  Revenue per unit - Variable cost per unit

Contribution margin per units = 0.42 - 0.17

Contribution margin per units = $0.25 per mile

Break even in miles = 2200 / 0.25

Break even in miles = 8800 miles per year

8 0
3 years ago
When you need to satisfy two or more criteria to initiate an event in a program, you must make sure that the second decision is
tia_tia [17]
Yes different situations call for different measures
8 0
3 years ago
Read 2 more answers
Predetermined overhead rates in traditional costing are often based on
sp2606 [1]

Answer:

a) direct labor cost for job order costing and machine hours for process costing.

Explanation:

As we know that the predetermined overhead rate is the rate which is to be computed by considering the total estimated manufacturing overhead cost and the estimated activity level i.e machine hours, etc

Under the traditional costing, in case of job order costing it ts based on direct labor cost while in the process costing it is based on machine hours

Hence, first option is correct

3 0
3 years ago
Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin
ANEK [815]

Answer:

Budgeted Income Statement for the year

Sales (820 units × $ 2,130)                            $1,746,600

Less Cost of Sales (820 units × $ 1,500)    ($1,230,000)

Gross Profit                                                       $516,000

Less Operating Expenses :

Selling and administrative expense

Variable (820 units ×  $ 75)                              ($61,500)

Fixed                                                               ($400,000)

Operating Profit                                                 $54,500

Less Non - Operating Expenses :

Interest                                                            ( $29,000)

Net Income / (Loss)                                           $25,500

Explanation:

Income Statement shows the company`s performance from its operations.

Income / (Loss) = Sales - Expenses.

4 0
3 years ago
Which highest and best use criterion would require an appraiser to consider the frontage of the site?
Bond [772]

physically possible is the highest and best use criterion that would require an appraiser to consider the frontage of the site.

Criterion is usually a plural noun that refers to a criterion by which a judgment can be made. Its singular form is the norm, but evidence shows that the norm is often used in both singular and plural forms, as are data and agenda, and their lesser-used singular forms datum and agenda. I'm here.

For example, SAT score is the predictor and his GPA in college is the criterion. Regression analysis confirms that there appears to be a strong correlation between SAT scores and his GPA in college. However, a high SAT score does not necessarily mean a high GPA in college.

Learn more about criterion here: brainly.com/question/17192140

#SPJ4

8 0
1 year ago
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