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topjm [15]
3 years ago
12

24.

Business
1 answer:
aliya0001 [1]3 years ago
4 0

Answer:

1. Financial security

2. Predictable outcome.

3. In demand.

4. Little or no volatility

5. Ease of purchase and sale.

6. Undervalued.

Explanation:

1. Financial security:

A good investment should be financially secure or safe from market crashes, change in government policy, etc. It should be an investment fail-safe that you can rely on to keep your investment funds secure.

2. Predictable outcome: Another characteristic of a good investment plan when devising a savings plan is predictability to a large extent. Before investing, there should be adequate enquiries and analysis of past trends and future prospects to enable an investor make better judgement.

3. In demand: Whatever investment that a person ventures into should be in popular demand by others so proper market predictions as to rise or fall of the commodity can be more accurately done.

4. Little or no volatility: À good investment shouldn't be volatile and unpredictable as this could cause major loss that can't be easily predicted.

5. Ease of purchase and sale: À good investment plan for savings must be easy to purchase or sell. This is necessary to avoid a situation where the investor plans to sell but doesn't find a buyer or wants to buy and doesn't find a seller.

6. Undervalued: À good investment plan for savings is advisable to be entered or bought when the good or service is undervalued, I.e, sold below its potential value so as to maximise profit at later dates.

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Winston Co. had two products code named X and Y. The firm had the following budget for August:
xenn [34]

Answer:

a. $90,000 favorable

Explanation:

Calculation for what The selling price variance for Product Y is

First step is to calculate the Actual price

Actual price:M=$540,000 ÷ 9,000

Actual price= $60

Now let calculate the selling price variance

Selling price variance=($60 - $50) × 9,000

Selling price variance=$10×9,000

Selling price variance=$90,000 favorable

Therefore The selling price variance for Product Y is $90,000 favorable

5 0
3 years ago
Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of l
lapo4ka [179]

Answer:

A) 30

Explanation:

to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.

The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.

the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.

You can always check which number is more exact calculating 1.08⁹ = 1.999

5 0
3 years ago
If you carry a balance on your credit card, but would like to pay less money in the long run, you should _____. make the minimum
Kay [80]

pay as much as possible each month. This saves finance charges in long run.

4 0
3 years ago
Dubberly Corporation's cost formula for its manufacturing overhead is $31,100 per month plus $50 per machine-hour. For the month
Lerok [7]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Dubberly Corporation's cost formula for its manufacturing overhead is $31,100 per month plus $50 per machine-hour. For March, the company planned for activity of 8,000 machine-hours, but the actual level of activity was 7,930 machine-hours. The actual manufacturing overhead for the month was $454,110.

activity variance for manufacturing overhead= (50*8000) - (454,110 - 31,100)=  23,010 unfavorable.

4 0
3 years ago
"Stephanie would like to purchase a bond that has a par value of $1,000, pays $100 at the end of each year in coupon payments, a
Rzqust [24]

Answer:

The price of the bonds = $951.963

Explanation:

<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate  </em>

Value of Bond = PV of interest + PV of RV  

The PV of interest payment

A ×(1- (1+r)^(-n))/r

A- interest payment, r- interest rate, n- number of years

Interest payment  = 100

PV = 100× (1- 1.12^(-3))/0.12= 240.183

PV of redemption value  

PV = RV× (1+r)^(-n)

RV- Redemption value - 1,000, r- interest rate, number of years, number of years- 3

PV = 1000× 1.12^(-3) = 711.7802

The value of bond = 240.18 + 711.78= 951.963

The price of the bonds = $951.963

3 0
4 years ago
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