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Alex777 [14]
3 years ago
5

. Your trusted friend and neighbor, an experienced geologist, is putting together a group of investors to fund an exploratory go

ld mining venture. The venture could pay back 50 to 100 times the investment if successful. If the mine is a bust, the entire investment is worthless. Your friend estimates the chance of success is only 20%. If you had the money, how much would you invest
Business
1 answer:
Mkey [24]3 years ago
8 0

Answer: Invest according to your risk appetite

Explanation:

The purpose of this question is to measure your risk appetite. There is therefore no right or wrong answer.

If you pick nothing, then you are very risk averse because you don't want to risk your salary on a venture with only a 20% chance of success.

If you would invest a month salary, you are not risk averse but you only have a moderate risk tolerance.

If you invest three months salary on a venture with a 20% chance of success, you have a high tolerance for risk.

If you take it a step further and invest six months salary, this shows that you have a very high risk tolerance.

You might be interested in
You have been hired as a marketing director for Terraineous, a hiking apparel and footwear company. Your most urgent problem is
Sphinxa [80]

Answer:

The answer is: People variable

Explanation:

In a traditional 4 Ps marketing mix (price, product, place & promotion), customer services is not dealt with appropriately. A more modern approach, called the 7 Ps of Service Marketing adds the process, people and physical evidence variables.

People variable refers to the task individuals perform to support the product. They include service providers, customer service, marketers, etc.

This more modern approach (proposed in 1981) is mostly used for selling services, but has gained importance with more modern and technical products.

5 0
3 years ago
The required volume of output to produce the motors will not require any incremental fixed overhead. Incremental variable overhe
Ludmilka [50]

Answer: Income will increase by $16 per unit

Explanation:

Your question isn't complete but the completed question was gotten online and would be used in answering the question accordingly.

The effect on income if Derby decides to make the motors will be calculated thus:

In-house:

Direct material = 38

Direct labor = 50

Overhead (Incremental) = 21

Total variable cost = 109

Outside:

Cost of supply = 125

Therefore, the income per unit will increase by (125 - 109) = 16.

3 0
3 years ago
Recently there have been several mergers involving Big Four accounting firms. One such merger involved the firms of Arthur Young
Elodia [21]

Answer:

The correct answer is: Horizontal Merger.

Explanation:

A Horizontal Merger occurs when companies within the <em>same industry</em> merge. Competing firms that offer similar goods and services are the most likely to merge horizontally. The potential gain in market share is much greater for such companies. They can also create an organization that has the chance to combine operations for more efficient functioning.

7 0
4 years ago
What is the preferred method of resolving a partner's deficit balance, according to the Uniform Partnership Act?
olga_2 [115]

Answer:

e. The partner with a deficlt balance contributes personal assets only If those personal assets exceed personal lablties.

Explanation:

The Uniform Partnership Act is a provision that resolves conflicts in a partnership that is not addressed in the partnership agreement.

The Act is used mostly with small and informal partnerships.

It has been adopted in all states except Louisiana.

Partners must settle their debts in order to redeem their interest in the partnership.

UPA provides that partner with deficit contributes personal assets only If those personal assets exceed personal liabilities.

3 0
3 years ago
What was the first state to make july fourth an official holiday?.
kaheart [24]

The first state to make July fourth an official holiday is Massachusetts.

<h3>What is the significance of July fourth?</h3>

The yearly celebration of nationhood in the United States is known as Independence Day is mainly known as  July 4th. It celebrates the Continental Congress's adoption of the Declaration on July 4, 1776.

The American activist Douglass opposed the celebration as the rights of African American slaves were denied. This celebration is hypocritical and unfair according to him because it ignores a group of individuals.

He believes that as a result, Americans should be saddened, as the day serves as a reminder to all of them of the violence done against African Americans.

Learn more about July fourth, here:

brainly.com/question/11430576

#SPJ1

6 0
2 years ago
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