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DerKrebs [107]
3 years ago
9

Nathan has been unable to trust banks since the failure of his savings and loan bank. He claims that storing his hard-earned mon

ey at home is costless. Is Nathan correct
Business
1 answer:
Lerok [7]3 years ago
4 0

Answer:

Nathan's contention is wrong.

Explanation:

Storage of money at home involves the opportunity cost of losing out on income that would've been generated had the same money been invested elsewhere or deposited with a bank.

Secondly, money stored at home is vulnerable to theft and other forms of risks.

Thirdly, stored money at home does not contribute to any economic benefit since such money is out of circular flow of money in the economy. So it yields no return.

Thus, Nathan's contention of stored money at home being costless is wrong.

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What is the Best loan option for your<br> lemonade Stand? Why?
Arte-miy333 [17]

Answer:

Short term loan

Explanation:

Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".

Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.

4 0
2 years ago
Select all that apply.
maw [93]
The statement that accurately describe the innovations that they've made is :
They begin display the merchandise in departements
This way, the customers will be attracted to the visuals of the products and will increase their sales

hope this helps
4 0
3 years ago
Employers are required to post notices to all employees advising them of their rights under the laws EEOC enforces and their rig
-Dominant- [34]

Answer:

True

Explanation:

EEOC Laws are Equal Employment Opportunity Laws

It basically aims to provide equal rights to each and every employee, irrespective of the language used by them, their place of birth, and many other factors like that.

It provides for special notices for employees with severe disability, as that the notice should be presented and accessible to employees with visual disability, or any other disability.

Therefore, it requires and mandates the responsibility for all employers towards their employees, towards communicating their rights.

Thus, statement is True.

4 0
3 years ago
Rinehart Corporation purchased from its stockholders 5,000 shares of its own previously issued stock for $255,000. It later reso
Luden [163]

Answer:

Purchase

Treasury Stock $255,000 (debit)

Cash $255,000 (credit)

Sale 1.

Cash $108,000 (debit)

Common Stock $108,000 (credit)

Sale 2.

Cash $98,000 (debit)

Common Stock $98,000 (credit)

Sale 3.

Cash $43,000 (debit)

Common Stock $43,000 (credit)

Explanation:

<u>When a Company purchases its own shares</u>

De-recognize the Assets of Cash and also de-recognize the Equity item Treasury Stock.

<u>When a Company sales its own shares</u>

Recognize the Assets of Cash and recognize the equity item Common Stock.

4 0
3 years ago
Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
densk [106]

Answer:

The correct answer is $1,149.32.

Explanation:

According to the scenario, the computation of the given data are as follows:

Face value FV = $1,000

Coupon rate = 7.7%

So, Payment = 7.7% × $1,000 = $77

YTM (rate ) = 5.7%

Time period = 10 years

So, we can calculate the present value by using financial calculator:

The attachment is attached.

So, PV  = $1,149.32

3 0
3 years ago
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