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3 years ago

Discuss the economic conditions and economic institutions that affect personal finance.

Business

1 answer:

MaRussiya [10]3 years ago

6 0

Answer:

Economics and Personal Finance. Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States' economy is interconnected with the global economy.

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Star software systems and henry orally agree for henry to write special accounting software. this software usually takes three y

ELEN [110]

There are 6 requirements for a verbal contract:

An offer. -- they had this

An acceptance. -- the contract was accepted

Competent parties who have the legal capacity to contract. - they both have the right to make this decision

Lawful subject matter. this is not an illegal operation

Mutuality of obligation. Both parties are obligated to do something in this case.

Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.

4 0

3 years ago

Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares

Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment = $39,000

charges commission (load) = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission % ......................1

put here value we will get

amount of commission = $39000 × 4.5%

amount of commission = $39000 × 0.045

amount of commission = $1755

so amount of commission (load) Jan must pay is $1755

5 0

3 years ago

What are the effect of enterprise/business on environment? write them

GrogVix [38]

Answer:

Varies

Explanation:

They can go against natural resources.

4 0

3 years ago

Food Packaging, Inc., agrees to sell 50,000 6-ounce yogurt containers to Golden Dairy Company. Food can obtain only 20,000 of th

posledela

Answer:

Option C.

Explanation:

From the scenario presented above, Golden is not in any way liable for the inability to supply the total quantity of the 6-ounce yogurt containers, therefore, Golden can choose to reject the delivery of the 8-ounce containers.

Also, Golden can give Food Packaging a reasonable amount of time to enable them replace the containers, of Golden is not in a hurry to begin production and packaging.

5 0

3 years ago

A proposed project has fixed costs of $83,000 per year. The operating cash flow at 9,100 units is $ 102,900. Ignoring the effect

natta225 [31]

Answer:

Ignoring the effect of taxes, what is the degree of operating leverage?

1.81

If units sold rise from 9,100 to 9,500, what will be the increase in operating cash flow?

$8,171.43 or 7.94%

what is the new degree of operating leverage?

1.75

Explanation:

degree of operating leverage = (units sold x contribution margin) / [(units sold x contribution margin) - fixed costs]

(units sold x contribution margin) - fixed costs] = $102,900

units sold x contribution margin = $102,900 + $83,000 = $185,900

degree of operating leverage = $185,900 / $102,900 = 1.81

contribution margin = $185,900 / 9,100 = $20.4286

operating cash flow (at 9,500 units) = (9,500 x $20.4286) - $83,000 = $111,071.43

operating cash flow will increase by $8,171.43 or 7.94%

new degree of operating leverage = $194,071.43 / $111,071.43 = 1.75

8 0

3 years ago