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A Stock investment typically has a greater long-term rate of return than a savings account.
<h3>What is a Stock?</h3>
A stock is basically a financial investment that represents fractional ownership of a company or business. In other words, holding a company stock implies you own a percentage share of the business's potential success.
Hence, since there are many guiding factors that could make a once small company into a big company in the future, such as experiencing increased investor interests, etc, it thus makes a stock investment have a greater long-term rate of return than a savings account.
You can learn more about the investment types here brainly.com/question/3729664
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Answer:
Option (c) is correct.
Explanation:
Given that,
Sales (6,000 units) = $ 300,000
Variable expenses = $240,000
Contribution margin = $60,000
Fixed expenses = $59,000
Net operating income = $1,000
Contribution margin per unit:
= Contribution margin ÷ Number of units sold
= $60,000 ÷ 6,000 units
= $10 per unit
If sales increase to 6,020 units,
Contribution margin:
= Contribution margin per unit × Number of units sold
= $10 × 6,020 units
= $60,200
Net operating income:
= Contribution margin - Fixed cost
= $60,200 - $59,000
= $1,200
Increase in net operating income:
= $1,200 - $1,000
= $200
Answer:
Explanation:
Journal entries:
Oct 1
Dr Cash 41,000
Cr Common stock 41,000
Oct 2
No entry
Oct 3
Dr Equipment 4,400
Cr Accounts payable 4,400
Oct 6
Dr Accounts receivable 13,000
Cr Sales 13,000
Oct 10
Dr Cash 170
Cr Service revenue 170
Oct 27
Dr Accounts Payable 880
Cr Cash 880
Oct 30
Dr Salaries expense 2,500
Cr Cash 2,500
Answer:
The statement which could be correct in this condition or situation is that he gave his wife three extra puffs when she became ill.
Explanation:
The statement of giving three extra puffs to wife by him when she became ill because the he himself provide or given his wife. And the statement that his wife take Salmeterol could contradict grounded on his wife's condition.
So, according to me, the second could be correct in this situation.
