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2 years ago

“You’ve been specially selected to win our grand prize. Contact us to collect it!” This is probably a(n) _____.

Business

2 answers:

vazorg [7]2 years ago

5 0

You’ve been specially selected to win our grand prize. Contact us to collect it!” This is probably a scam.

Vsevolod [243]2 years ago

3 0

Answer:

The correct answer would be B, Scam.

Explanation:

A scam is defined as a dishonest or fraudulent scheme which offers huge incentives to people and loot them financially. So when you receive a text which says, you have been specially selected to win our gran prize, contact us to collect it, it would probably be a Scam. This is because if it wasn't a scam and was an honest sales technique, they have not sent you a text and asked you to contact them, rather they would have called you and contacted you themselves. Such statements are usually scams now a days.

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Art [367]

To approximate the size of USA in relation to Ethiopia we proceed as follows:
Size of Ethiopia GDP in 2017=$ 76.9x10^9
Size of USA GDP=19.6x10^12
thus the scale factor of USA to Ethiopia will be:
19.6x10^12/76.9x10^9
=254.9
this can be written as a whole number to be
255
the economy of US is 255 times that of Ethipia

3 0

2 years ago

Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for th

vlabodo [156]

Answer:

Via Gelato

Revenue and Spending Variances For the Month Ended June 30 :

Budget Actual Variances

Units sold 6,200 6,400 200 Favorable

Revenue $179,200 $171,540 $7,660 Unfavorable

Expenses :

Raw materials $40,000 $40,530 $530 Unfavorable

Wages $26,400 $26,300 $100 Favorable

Utilities $14,750 $15,000 $250 Unfavorable

Rent $4,200 $4,200 $0 Neither

Insurance $2,950 $2,950 $0 Neither

Miscellaneous $13,290 $12,890 $400 Favorable

Total expense $101,590 $101,870 $280 Unfavorable

Net operating income $77,610 $69,670 $7,940 Unfavorable

Explanation:

a) Revenue budget = $28 x 6,400 = $179,200

b) Wages budget = $7,200 + $3.00 x 6,400 = $26,400

c) Utilities budget = $3,230 + $1.80 x 6,400 = $14,750

d) Miscellaneous = $810 + $1.95 x 6,400 = $13,290

These flexible budgets were calculated for Via Gelato since it measures its activity in terms of the total number of liters of gelato sold. To obtain variances, items are compared on like terms.

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3 years ago

Robert gillman, an equity research analyst at Gillman Advisors, believes in efficient markets, He has been following the mining

antoniya [11.8K]

Answer:

Q1) a. 6.60%

Q2) c. retaining a higher percentage of earning will result in a higher growth rate.

Explanation:

Q1.)

Use dividend discount model (DDM) to solve for the growth rate;

g = r- (D1/P0)

whereby;

g = dividend growth rate

r = required rate of return = 11.40% or 0.1140 as a decimal

D1 = next year's dividend = $1.14

P0 = Current stock price = $23.75

g = 0.1140 - (1.14/23.75)

g = 0.1140 - 0.048

g = 0.066 or 6.6%

Therefore, the growth rate is 6.60%, making choice A correct.

Q2.)

c. Retained earning is the proportion of total net profit that a company reinvests back into the business for the purpose of investing in other potentially profitable projects.The returns from these projects would increase the value of the company at a faster rate if a higher percentage e.g 90% is retained. On the other hand, if the company pays a larger portion of its retained earnings e.g 70% as dividends, it will experience a slower growth rate making choice C correct.

5 0

3 years ago

Jamal inherited some money when his grandmother died. He decided that he wants to invest it. His friend suggests that he goes to

Finger [1]

Jamal should go to the OTC market because C. it is a network of brokers and dealers who help with investments.

<h3>What is the OTC market?</h3>

These are markets where a person can buy or sell shares that are outside of the stock exchange.

The trades here are faciliatated by brokers and dealers who can help one with investments so Jamal can go to the OTC market for investment advice.

Find out more on the OTC market at brainly.com/question/25174961.

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2 years ago

Blossom Inc., a real estate developing company, was accounting for its long-term contracts using the completed contract method p

wel

Answer:

Check the explanation

Explanation:

Percentage-of-completion(2013 + 2014) - Completed contract(2013 + 2014) * 1 -.40

= $500,000 + $ 250,000 - $300,000 +$200,000 *0.60

=$750,000-$500,000 * 0.60

=$250,000 * 0.60

=$150,000 to record the income effect

7 0

2 years ago