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3 years ago

aaron is earning 5% interest on his savings account. he starts with $5,000.00. how much money will he have in 6 months?

Business

1 answer:

Anvisha [2.4K]3 years ago

7 0

Answer:

I think the answer is $1,500.

Explanation:

I hope this helps. If the answer is wrong then sorry and you don't have to give me the points. In here I think I did the calculation wrong.

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(1) You go to Greater's Ice Cream and see the price of a cone quoted as $3.00. (2) You buy the cone and pay with $3.00 in cash.

Nutka1998 [239]

Answer:

The answer is E. a unit of account; a medium of exchange

Explanation:

Because they allows different things to be compared against each other; for example, goods, services, assets, liabilities, labour income, expenses.

A unit of account is a monetary unit of measurement of value or cost.

And the second is a medium of exchange because $3 is being used to buy cone. It exchanged money for cone.

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3 years ago

Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $5

arlik [135]

Answer:

The financial advantage of processing further = $17,800

Explanation:

1. Sale value if processed further = 8,300 x 13 = $107,900

Sale value if processed further = 8,300 x 10 = $83,000

Incremental revenue = Sale value if processed further - Sale value if processed further = $107,900 - $83,000

Incremental revenue = $24,900

Cost of further processing = $7,100

Incremental profit (loss) = Incremental revenue - Cost of further processing

Incremental profit (loss) = $24,900 - $7,100 = $17,800

Therefore, the financial advantage of processing further = $17,800

3 0

4 years ago

The Federal Open Market Committee (FOMC). Multiple Choice provides advice on banking stability to the Fed. sets policy on the sa

d1i1m1o1n [39]

Answer:

follows the actions and operations of financial markets to keep them open and competitive.

Explanation:

In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.

Thus, from the above we can conclude that the correct statement is C.

8 0

3 years ago

Companies who believe that higher sales volume leads to lower unit costs and higher long-run profits are attempting to Answer .

Shkiper50 [21]

Answer:

A) Maximize their market share.

Explanation:

Companies which believe higher sales volume will drive the cost down (& profits upward) will need to sell more of their products to achieve this target.

For example, if a bike manufacturer thinks that he can reduce cost by higher number of sales, he must maximize his market share and target more and more people to buy the bikes, let it be child, millennial, parents, everyone.

This will derive the sales volume to be higher and the costs to be lower (& higher long-run profits).

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4 years ago

When the market for standalone Global Positioning System (GPS) devices declined with the arrival of GPS-enabled mobile phones, M

Alexxx [7]

Answer:

The correct answer is C

Explanation:

Consolidation strategy is the stage or the phase in the company or the industry lifecycle, where the segments or parts in the company or in the industry begin to merge.

Business mostly consolidate in order to gain the larger portion of the market share so as to take the benefit of synergies.

In short, this strategy, states the acquisition and merger of the smaller companies into a much larger for the economic benefit.

So, in this case, the Magnet adopted or followed the strategy of consolidation.

8 0

3 years ago

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