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Snowcat [4.5K]
3 years ago
9

When selecting your asset allocation for your portfolio the author suggests stronglt considering your "risk tolerance" and "how

much effort you are willing to apply."
True or False ???
Business
1 answer:
lawyer [7]3 years ago
4 0

Answer:

True

Explanation:

It's important to find an investment that will work for your needs. If an investment is too risky for your comfort levels, you may be tempted to pull out before a payoff.

If an investment requires too much effort, or maintenance and attention, you might not be able to upkeep it and end up having to abandon it.

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Suppose that both wheat and corn have an income elasticity of 0.1.
Vesna [10]
<span>The demand for wheat would increase by 0.2 percent. Income elasticity indicates how much demand for something increases or decreases when income goes up or down. It is the calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.</span>
4 0
4 years ago
Under U.S. GAAP, if the carrying value of a fixed asset was $50,000, the undiscounted expected future cash flows was $55,000, th
ira [324]

Answer:

$0

Explanation:

According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.

Amortized Cost / Book value = $50,000

Market Value = $53,000

Discounted Value = $51,000

There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.

7 0
3 years ago
Read 2 more answers
Jacob, the vice president of Money-Makers, is reviewing the development program for the company's middle managers. He notes that
worty [1.4K]

Answer:

D) workshops involving business games and simulations

Explanation:

Employee development is is important because it helps to retain key employees, meet the challenges of competition, incorporate technological advances and improve overall employee performance.  

Employee development usually involves four different approaches:

  1. formal education: generally includes off-site or on-site education programs that are specifically designed for the company's employees and are dictated by consultants or universities, e.g. short term courses
  2. assessment
  3. job experiences
  4. interpersonal relationships

5 0
4 years ago
Income Statement; Net Loss The following revenue and expense account balances were taken from the ledger of Acorn Health Service
suter [353]

Answer:

See below

Explanation:

Acorn Health Services Co.

Income statement for the year ended, January 31st

Service revenue $234,500

Expenses:

Depreciation expense

$16,900

Insurance expense

$8,280

Miscellaneous expense

$6,590

Rent expense

$68,300

Supplies expense

$4,060

Utilities expense

$26,030

Wages expense

$255,200

Total expense ($385,360)

Net income (loss) $150,860

7 0
4 years ago
Risk a. can be reduced by placing a large number of small bets rather than a small number of large bets. b. can be reduced by in
Pavlova-9 [17]

Answer:

can be reduced by placing a large number of small bets rather than a small number of large bets.

AND

can be reduced by increasing the number of stocks in a portfolio.

Explanation:

Hope this helps :)

5 0
4 years ago
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