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Dmitrij [34]
3 years ago
9

lYour friend says, "I have some extra money, but I'm not sure if I should save or invest it." What key questions would you ask y

our friend to help them figure out what to do? 1
Business
1 answer:
JulijaS [17]3 years ago
3 0
I prefer investing money you can save it too
You might be interested in
Kinder Enterprises relies heavily on a copier machine to process its paperwork. Recently the copy clerk has not been able to pro
Elza [17]

Answer:

Operating costs = $7,000 x 5 years = $35,000

Operating costs = $2,600 x 5 years = $13,000

Explanation:

Operating costs = $7,000 x 5 years = $35,000

Operating costs = $2,600 x 5 years = $13,000

The current copier should be replaced. The incremental analysis shows that net income for the five-year period will be $3,000 higher by replacing the current copier.

6 0
3 years ago
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for
Sidana [21]

Answer:

Variable cost per unit= $6.5 per unit

Fixed costs= $3,750

Explanation:

Giving the following information:

Month - Number of Appointments - Total Cost

January: 375 $5,050

February: 350 $5,500

March: 200 $5,200

April: 500 $7,000

May: 400 $5,650

June: 300 $5,200

To calculate the variable and fixed costs, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (7,000 - 5,050) / (500 - 200)= $6.5 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 7,000 - (6.5*500)= $3,750

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 5,050 - (6.5*200)= $3,750

3 0
3 years ago
You are considering buying a share of stock in Company ABC. At the end of years 1, 2, and 3 the stock will pay you a dividend of
Dahasolnce [82]

Answer:

$200

Explanation:

The computation of the share of the ABC stock worth to you today is shown below:

PV = Annual dividend (P/A, i, n) + Sale value (P/F, i, n)

i denotes the interest rate

n denotes the time period  

= $10 (P/A, 5%, 3) + $200 (P/F, 5%, 3)

= ($10 × 2.7232) + ($200 × 0.8683)

 = $27.23 + $172.76

 = $199.99

= $200

Basically we determine the present value

5 0
3 years ago
A company has $73M in assets and $24M in liabilities. What is the value of equity?
kaheart [24]

Answer:

\boxed{\sf (C) \ \$49M}

Given:

Assets = $73M

Liabilities = $24M

To Find:

Value of equity

Explanation:

Total equity is what is left over after you subtract the value of all the liabilities of a company from the value of all of its assets.

Formula:

\boxed{ \bold{Equity = Assets - Liabilities}}

By substituting value of assets & liabilities in the formula we get:

\sf Equity =  \$73M -  \$24M \\  \\  \sf Equity =  \$49M

5 0
3 years ago
Which of the following assets would be subject to cost recovery?
Nina [5.8K]

Answer:

The correct answer is letter "C": Landscaping around the doctor's office.

Explanation:

Cost recovery is an accounting method by which the expenses incurred in an organization -for its own benefits- is tried to be recovered. Depreciation is taken into consideration in the process but the least possible so that the return is maximized.

In that sense, only the <em>landscaping of a doctor's office </em>can be considered as a beneficial asset for the business.

8 0
3 years ago
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