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Genrish500 [490]

4 years ago

11

Your mom is thinking of retiring. her retirement plan will pay her either $250,000 immediately on retirement or $350,000 five ye

ars after the date of her retirement. which alternative should she choose if the interest rate is:
a. 0% per year?
b. 8% per year?
c. 20% per year?

1 answer:

WITCHER [35]4 years ago

4 0

I will go with choice b for answer

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Can a business succeed without having ALL four of the Factors of Production (Land, Capital, Labor and Entrepreneurs)? Why or why

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The answer is Yes.
A business can run properly and the problems are solved considering only labor and capital and sometimes land in the production process.

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3 years ago

What other factors might help you in deciding whether eBay has been a success as a business

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Reviews from past and present ebay customers.
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4 years ago

Prepare a monthly flexible selling expense budget for Cottonwood Company for sales volumes of $300,000, $350,000, and $400,000,

rodikova [14]

Answer:

Sales volumes <u> $300,000 </u> <u> $350,000 </u> <u> $400,000</u>

Total selling expenses <u> $541,500 </u> <u> $595,750 </u> <u> $650,000 </u>

Explanation:

Basically, a flexible budget can be described as a budget that adjusts with changes in volume or activity.

Therefore, monthly flexible selling expense budget for Cottonwood Company which adjusts with sales volumes can be prepared as follows:

Cottonwood Company

Monthly Flexible Selling Expense Budget

For the Month .....

<u>Details</u><u> $ $ $ </u>

Sales volumes <u> 300,000 </u> <u> 350,000 </u> <u> 400,000</u>

<u>Variable selling expenses:</u>

Sales comm. (6% of sales) 18,000 21,000 24,000

Shipping exp. (1% of sales) 3,000 3,500 4,000

Misc. selling exp. (1.5% of sales) 4,500 5,250 6,000

<u>Fixed selling expenses:</u>

Sales manager's salary 120,000 120,000 120,000

Advertising expense 90,000 90,000 90,000

Misc. selling expense <u> 6,000 </u> <u> 6,000 </u> <u> 6,000 </u>

Total selling expenses <u> 541,500 </u> <u> 595,750 </u> <u> 650,000 </u>

8 0

3 years ago

Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact that he would en

Daniel [21]

Answer:

Framing effects.

Explanation:

Framing effect in psychology is the cognitive bias whereby an individual makes decisions based more on the information presented than on one's own choice. In other words, when someone makes a decision that is influenced more by the effects of the information on others than on one's own opinions.

In the given scenario, Josh's decision to have tiramisu only when others are having dessert and not if he would be the only one having dessert is affected by the framing effect. This is because his decision is influenced by the way others behave rather than his desire to eat even his favorite dessert.

Thus, the correct answer is the framing effect.

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3 years ago

Alan wins a $50,000 judgment against Henderson. But Henderson refuses to pay the amount of the judgment to Alan. To counter Hend

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Answer:

C) writ of execution

Explanation:

Writ of execution is a judicial order that a judgement be enforced.

3 0

3 years ago

Read 2 more answers