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kari74 [83]
3 years ago
12

Malik is a recent college graduate. He just started his first job as an investment

Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

The answer is below

Explanation:

Given that Malik wants to invest his money for retirement purposes, here are some of the income-producing retirement investments he can invest his money:

1. Immediate Annuities

2. Bonds

3. Retirement Income Funds

4. Rental Real Estate

5. Real Estate Investment Trusts (REITs)

6. Variable Annuity With a Lifetime Income Rider

7. Closed-End Funds

8. Dividend Income Fund

9. Total Return Portfolio

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The demand curve facing a monopolistic competitive firm will be __________ than the demand curve facing a perfectly competitive
Bad White [126]

Answer:

Downward sloping; more elastic

Explanation:

Demand curve is a curve that shows the relationship between price and quantity demanded.

The demand curve of a monopolistic competitor is DOWNWARD-SLOPING.

A monopolistic competitive firm can either raise price and lose few customers or reduce price and gain some more customers.

A monopolistic competitive firm

has a more ELASTIC demand.

Elasticity of demand is the degree of responsiveness of demand to a change in price, income and price of other commodities.

Perfectly Competitive market have the following characteristics;

1) Prices are determined by the forces of demand and supply.

2) They are price takers because a single firm can't control the market.

3) Easy entry and exit.

4) Many buyers and many sellers.

5) Identical product are sold

Monopolistic Competitive market have the following characteristics;

1) There are many buyers and many sellers.

2) Firms have market control.

3) Free entry.

4) Close substitute goods are sold.

4 0
4 years ago
Celine Dion Company issued $600,000 of 10%, 20-year bonds on January 1, 2017, at 102. Interest is payable semiannually on July 1
ivanzaharov [21]

Answer:

A) The issuance of the bonds.

January 1, 2017, bonds are issued

Dr Cash 612,000

    Cr Bonds payable 600,000

    Cr premium on bonds payable 12,000

B) The payment of interest and the related amortization on July 1, 2017.

July 1, 2017, first coupon is paid

Dr Interest expense 29,700

Dr Premium on bonds payable 300

    Cr Cash 30,000

C) The accrual of interest and the related amortization on December 31, 2017.

December 31, 2017, accrued interest payable

Dr Interest expense 29,700

    Cr interest payable 29,700

Explanation:

$600,000 of 10%, 20-year bonds at 102, interest is paid semiannually ($600,000 x 10% x 1/2 = $30,000)

straight line amortization method is used to amortize bond premium

bond premium = $12,000 / 40 coupons = $300 amortized with each coupon payment

7 0
3 years ago
The part of the market that a specific product is focusing on is called a(n) _
inessss [21]

Answer The part of the market that a specific product is focusing on is called a target.

Explanation: Target marketing involves breaking a market into segments and then focusing on your marketing efforts on one. Only a certain portion of the population will actually be interested in your specific product. That is your target market.

\textit{\textbf{Spymore}}​

3 0
4 years ago
On November 1, 2018, Nada, Inc. declared a dividend of $5.00 per share on common stock. Nada, Inc. has 20,000 shares of common s
katrin2010 [14]

Answer:

The correct answer is Option B.

Explanation:

Dividend is simply synonymous to a profit from stockholder's investment (usually in form of shares). Dividend is usually declared when the company that the stockholder invests in is performing well.

On November 15 when the dividend declared was recorded, the following journals would have been recorded:

Debit Retained earnings ($5 x 20,000)           $100,000

Credit Dividend payable                                   $100,000

<em>(To record declaration of dividend)</em>

However, when it became payable on November 30, 2018, the dividend payable account has to be debited as follows:

Debit Dividend payable                                    $100,000

Credit Cash                                                        $100,000

<em>(To record dividend paid to stockholders)</em>

6 0
3 years ago
You’ve invested a lot in Moondogs -- now you need to find the right price to charge for your coffee. It has to be low enough to
stich3 [128]

Steps to figure out the right price of coffee would be :-

Explanation

1.Expenditure - Analyse the amount that has been uncured in the process of making the coffee. It should include all the raw material and other expenses such as services taken of people as well as assets purchased as well.

2. Profit Margin - A standard percentage of profit margin should be set which would be added in the expenditure of the coffee. This would give us the right price of the coffee per cup.

8 0
3 years ago
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