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3 years ago

Why is saving, spending and investing important? long summary

1 answer:

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Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

Hope this helps

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Cosmetic Profits. Sally is the executive vice president of Big Name Cosmetics Company. Through important and material, nonpublic

Natali5045456 [20]

Answer:

A. She is guilty of insider trading because she tipped information

Explanation:

From the question, there was an

unlawful committed by Sally as a result of her giving an information about inside to Alice which was her friend. Giving away that confidential information may give room

to Intruders to tip off which leads to another unlawful act such as Check Kitting case, which can be regarded as theft as well as larceny and this brings about outsider having chance to get non-existing funds.

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3 years ago

Turner Company's contribution margin ratio is 15%. If the degree of operating leverage is 12 at the $150,000 sales level, net op

fomenos

Answer:

<em>Net operating income = $1,875</em>

Explanation:

<em>The operating leverage is the ratio of Contribution to Net Operating Income. It is used to analyse the cost structure of a business to determine how much of its total cost is fixed.</em>

It is computed as follows:

<em>Operating leverage = Contribution/Net operating income</em>

Contribution = Contribution margin × Sales revenue

= 15% × $150,000

= $22,500

Substitute this into the operating leverage equation

12 = 22,500/ y

y = 22,500/12

y = 1,875

<em>Net operating income = $1,875</em>

7 0

3 years ago

1. Determine whether a $100,000, 3-month T-Bill selling at $97,645 or a 10%, semi-annual coupon bond selling at par has the grea

stiv31 [10]

The 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

<h3>Data and Calculations:</h3>

T-Bill:

Face value of T-Bill = $100,000

Present value of the T-Bill = $97,645

Effective yield rate = 9.65% ($2,355/$97,645 x 100 x 12/3)

Bond:

Face value of bond =$100,000

Interest = 10% semi-annual

Present value of the bond = $104,761.90

Effective yield rate = 9.80%

Thus, the 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

Learn more about Bonds and T-Bills at brainly.com/question/15394251

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3 years ago

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an

nevsk [136]

Answer:

-0.0246 or -2.46%

Explanation:

The duration 't' of his investment is:

$t= 2015-2008=7\ years$

The future value ($10,668,500) of an initial investment ($12,700,500) at a rate 'r' for a period of 7 years is given by:

$10,668,500=12,700,500*(1+r)^7\\1+r=\sqrt[7]{\frac{10,668,500}{12,700,500}}\\1+r=0.9754\\r=-0.0246=-2.46\%$

His annual rate of return was -0.0246 or -2.46%.

*A negative rate of return means that money was lost in this investment

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3 years ago

What type of management style would you use if you supervised 20 employees?

7nadin3 [17]

The best management style is when employees are lead by example and not by command.

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3 years ago