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Ksenya-84 [330]
3 years ago
13

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

Business
1 answer:
denis23 [38]3 years ago
6 0
It might be easier because most credit unions require some kind of affiliation while banks will let anyone with money open and account.
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swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
lianna [129]

Answer: 25.22%

Explanation:

Given that,

Annual revenue = $134,000

Annual expenses = $76,000

Oil well cost = $449,000

Salvage value = $11,000

Annual net income = Annual revenue - Annual expenses

= $134,000 - $76,000

= $58000

Average Investment = \frac{449000 + 11000}{2}

= $230000

Annual rate of return =  \frac{58000}{230000}\times100

= 25.22%

4 0
4 years ago
Without proposed Project​ A, a​ firm‘s estimated cash flows over the next 3 years is​ $275M. With proposed Project​ A, the​ firm
Gala2k [10]

Answer:

option B) $ 25M

Explanation:

Data provided in the problem:

Without proposed project A,

The estimated cash flows over the next 3 years =​ $ 275M

With the proposed project A,

The estimated cash flows over the next 3 years =​ $ 300M

Now, the amount of incremental cash flows associated with Project​ A will be calculated as;

Incremental cash flow = Cash flows (With Project A) - Cash flows (Without Project A)

on substituting the values, we get

Incremental cash flow = $ 300M - $ 275M = $ 25M

Hence, the correct answer is option B.

0 0
4 years ago
Question help if you spend a large portion of your income on a​ good,
eduard

c. demand for that good is more elastic than if you spent a smaller portion of your income on the good.

Demand elasticity is the change in demand as the price changes - aka price has a big effect on demand.

Think about if the cost of a candy bar doubles from $1 to $2. This is a big increase but $2 isn't a huge portion of your income so it isn't a huge deal and you will probably keep buying.  Now imagine if your car payment doubles from $350 to $700. Because this is such a big portion of your income, you will probably look to trade it in for a cheaper car.

3 0
4 years ago
List at least one discretionary expense listed on the bank statement or check register
QveST [7]

Answer:

overdraft fees

not 100% sure, but hope that helps

5 0
4 years ago
Two of the economy’s most important financial intermediaries are
svet-max [94.6K]

Answer:

d. banks and mutual funds.

Explanation:

Financial intermediaries are bodies or individuals that connect surplus and deficit agents. These institutions serve as middlemen among diverse parties in financial transactions. These include banks, mutual funds, pension funds, building societies etc. Banks and mutual funds are two of the economy's most important financial intermediaries.

6 0
3 years ago
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