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Artemon [7]
3 years ago
9

What are the disadvantages and advantages of money?

Business
1 answer:
adoni [48]3 years ago
8 0

Explanation:

<u>advantages</u>

.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.

Money gives you the power to pursue your dreams. 

Money gives you freedom.

Money gives you security. 

<u>disadvantages</u>

•Money can lead to disagreements.

•obsession with money, or a love of money, can create a host of problems.

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If an economy moves from a steady state with positive population growth to a zero population growth rate, then in the new steady
zheka24 [161]

Answer:

lower; the same as it was before

Explanation:

If an economy moves from a steady state with positive population growth to a zero population growth rate, then in the new steady state, total output growth will be lower, and growth of output per person will be the same as it was before.

7 0
3 years ago
Read 2 more answers
You are considering adding a new security to your portfolio. To decide whether you should add the security, you need to know the
Aliun [14]

Answer:

The correct answer is letter "D": I, II, and III.

Explanation:

Portfolios are pools of assets that allow small investors to access to diversified investment vehicles managed by professionals. Adding new securities to a portfolio requires knowledge of the asset:

  • Expected return:<em> returns expected from an investment given the investment's historical returns. </em>
  • Standard deviation:<em> measure applied to the annual rate of return of the investment to measure the volatility of the investment. </em>
  • Correlation:<em> statistical measurement of how two securities move in relation to each other.</em>
5 0
3 years ago
Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C
Elan Coil [88]

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

                                                  = 5%*400,000*(3/2)

                                                   = 30,000 share

per share price can be determined by using following relation:

price\  per\  share =\frac{ outstanding\  share*\  trading\ price * investor's\  share}{ number\  of \ share\  after \ splittg}

                             = \frac{40000 *135*0.05}{30000}

                               = $90

3 0
4 years ago
The following information is taken from the records of Erie Corp.(in thousands) for the year ended on December 31: 2019 2018 Sal
den301095 [7]

Answer:

<u>Favourable Changes:</u>

Sales

Gross Profit

Operating Income

Interest Expense

Net Income

<u>Unfavourable Changes:</u>

Cost Of Sales  

Selling Expenses  

General Expenses

Other Revenue

Income Taxes

Explanation:

Observe Movement from 2018 results to 2019 results

                                        Erie Corp

                   Vertical Analysis of Income Statement

                                                                2019                    2018

Sales                                                        1,397                    1,122

Less Cost Of Sales                                   935                      814

Gross Profit                                               462                      308

<u>Less Operating Expenses</u>

Selling Expenses                                      154                       121

General Expenses                                     88                        77

Operating Income                                   220                       110

<u>Less Non- Operating Expenses</u>

Other Revenue                                            4                          7

Interest Expense                                         2                          9

Income Taxes                                           134                        66

Net Income                                                88                        42

8 0
3 years ago
Universal Containers is experiencing a drop in profitability due to excessive sales discounting. What can Universal Containers do
nika2105 [10]

Answer:

A, D,  E

Explanation:

Universal Container can monitor how the discounts are affecting profitability by evaluating the difference between discounted and listed price. They can then reduce the discounts to increase profits if this is the reason for reduced profitability.

If this is not responsible for falling profits, it may be that too many products are available in a sales discounting opportunity. Universal Containers can remedy this by reducing the number of products included in an offer.

Their falling profitability can also be controlled by putting a management approval process in place, ensuring that the effects of a sales discounting plan on profitability are always considered.

5 0
3 years ago
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