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3 years ago

The computer accessories that Javier is making and

Business

1 answer:

andrezito [222]3 years ago

4 0

Answer:

E. Profit motive

Explanation:

Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.

This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.

Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.

In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.

Thus, this is an example of profit motive.

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Investor A buys 100 shares of SLM Inc. at $35 a share and holds the stock for a year. Investor B buys 100 shares on margin. The

morpeh [17]

Answer:

A. $0

B. $112

C. Investor A 14.3% gain

Investor B 18.5%

Explanation:

a) Based on the information given interest cost for investor A will be Zero

b) Calculation for What is the interestcost for investor B

Cost of interest =(100 shares*$35)×(100*%-69%)×0.08

Cost of interest = 3,500 x 0.40 x 0.08

Cost of interest =$112

c) Calculation for what percentage returndoes each investor earn

Investor A: 4,000 - 3,500 = 500/3,500

= 0.1428 =14.3% gain

Investor B: $500 gain - $112 interest

= $388/2,100 = 0.1848 =18.5%

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3 years ago

The term ________ refers to a limited-capacity store that not only retains information over the short term (maintenance), but al

notka56 [123]

Answer:

Short term memory or working memory

Explanation:

Woekin memory or short term memory refers to a limited-capacity store that not only retains information over the short term (maintenance), but also permits the performance of mental operations with the contents of this store (manipulation)

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3 years ago

Read 2 more answers

You took ACC111 where the Owner's Equity section consisted of Capital and Owner's Withdrawals. Now that you've seen the corporat

kap26 [50]

Answer:

Revenues are closed out to Equity (Retained Earnings) for Corporate.

Explanation:

Actually, for both Sole Proprietor and Corporate, the account that is closed out to Capital or Equity is the difference between the Revenue and the Expenses for the accounting period. This is more specifically referred to as Net Income. This is the bottom-line profit, which is available for distribution to the owners of the entity in the form of capital withdrawals for Sole Proprietorships and dividends for Corporate entities.

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3 years ago

Mr. Ananta Jalil has received a job offer from a large investment bank as an assistant to the vice

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The present value of the offer is $145,466.83

<h3>What is the present value?</h3>

The first step is to determine the present value of the growing annuity. The formula that would be used is:

$\frac{P}{r - g}$ x $[1 - \frac{1 + g}{1 + r} ^{n} ]$

Where:

p = base salary
r = discount rate
g = growth rate
n = number of years

$35,000 / (0.12 - 0.04) = 437,500

1 - (1.04/0.12)^5 = 0.31

0.31 x 437,500 = $135,466.83

Present value = $135,466.83 + $10,000 = $145,466.83

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2 years ago

During its first year of operations, Anthony Lupa set up Lupo Inc. and invested $15,000 in the corporation. The company earned $

Annette [7]

Answer:

Company's equity = $25,000

Explanation:

Given:

Amount invested = $15,000

Earned Revenue = $35,000

Expenses = $23,000

Cash dividend = $2000

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Company's equity

Computation:

Company's equity = $15,000 + $35,000 - $23,000 - $2,000

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4 years ago