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djyliett [7]
3 years ago
14

A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom

er has an elderly widowed aunt who has died, and he estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance
Business
1 answer:
pychu [463]3 years ago
4 0

Answer:

Money market instruments is the best place for the investment.

Explanation:

Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of  time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.

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Use the model to calculate the average rate of change of profit when the ticket price rises from $200 to $300. (Round your answe
sleet_krkn [62]

Answer:

600

Explanation:

6 0
3 years ago
For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The
scoundrel [369]

Answer:

<u>Equipment:</u>

                                                  Dr.       Cr.

Depreciation Expense          $5,520

Accumulated Depreciation                $5,520

<u>Land:</u>

Land never depreciates, so there is no adjusting entry for the Land purchased on year end.

Explanation:

Year end is not given in the data so, it is assumed the December 31 is the end of the year

Equipment

Depreciation  for the year = ( Purchase price - Residual value ) / useful life

Depreciation  for the year = ( $32,000 - $4,400 ) / 5 years

Depreciation  for the year = $5,520

8 0
3 years ago
When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This i
Nastasia [14]

Answer:

C) services.

Explanation:

This is easily explained to be the stepping in to a tertiary stage. As it is explained that economic development analysis stages consists of different phases and levels. This services that is been denoted in this growth in the US plays a key role in financial services, humanity, health and other visible relevant parts which help in the building and aiding of economic growth of a country's economy.

Information technology and educational services in a product offering. These services are seen to boost different parts of an economy especially in developing countries is mostly concentrated in financial services, hospitality, retail, health and human services.

6 0
3 years ago
How do banks benefit of giving people loans
Kitty [74]

Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.

Explanation: Hopefully this helped!

5 0
3 years ago
Read 2 more answers
1. Which of the following questions would be permissible to ask during an interview with a candidate who
Marina CMI [18]

Answer:

I would say the first one

Explanation:

beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)

7 0
3 years ago
Read 2 more answers
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