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Veseljchak [2.6K]

3 years ago

9

Using your economic knowledge and the information you learned about Oprah Winfrey compose a well-written three-paragraph biograp

hy about her that illustrates the importance of the US market-based economy in the entrepreneur’s success.

1 answer:

Nezavi [6.7K]3 years ago

6 0

Answer:

Oprah Winfrey is living proof that the American dream is alive and well.

Explanation:

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Once information is memorized, a student does not need to revisit that information because it is permanently stored in their bra

klio [65]

Answer:

F

Explanation:

We all know that it's not true. Memory is not permanent... we don't recall everything forever.

A full learning process goes way beyond the simple memorization, our brain needs to have the knowledge put into practice over and over before we can actually remember it permanently and be able to find that information back in our mind upon request.

That's the use of the homework to be able to practice newly learned skills.

4 0

3 years ago

Read 2 more answers

__________ is the process of by which companies create value for customers and society, resulting in strong customer relationshi

timama [110]

The answer is marketing

8 0

4 years ago

Industrial tools owes you $38,600. this amount is seriously delinquent so you have offered to accept weekly payments for one yea

lesantik [10]

The problem could be solved by using the future value (FV) formula: FV = PV × (1 + r)ⁿ, where;
PV = Present value
r = interest rate
n period

So, substituting the formula with the value:

FV = $38,600 × (1 + (.03÷52))⁵²
≈ $39,775.20

Note that the interest is divided by 52 since it has to be compounded weekly.

So, the weekly payment will amount to $764.91 ($39,775.20÷52).

3 0

3 years ago

A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For 7 an

goldenfox [79]

Answer:

The price of this car=$13,015.925

Explanation:

Given data:

Amount each year=$2,500

Time period=7 years

interest rate=8%

Required:

The price of this car=?

Solution:

The Formula we are going to use is:

$PV=A*(\frac{1-(1+r)^{-n}}{r})$

Where:

PV is the price of car i.e present value

A is the payment made each year

n is the time period in which payments are paid

r is the interest rate

A=$2,500, r=8%=0.08, n=7

$PV=\$2,500*\frac{1-(1+0.08)^{-7}}{0.08} \\PV=\$13,015.925$

The price of this car=$13,015.925

5 0

3 years ago

For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) se

stealth61 [152]

Answer:

LIFO : results in a higher quality of earnings ratio.
FIFO : in higher phantom profits.
FIFO : results in higher net income.
LIFO : results in lower taxes.
FIFO : results in lower net cash provided by operating activities.

Explanation:

FIFO states that first goods brought are the first to be sold and the inventory consists of the most recent purchases and LIFO assumes that the last goods are purchased and first sold.

Thus LIFO results in a higher earning ratio and in a lowering of the taxes and FIFO at higher net incomes and lowers the net cash provided for the operating activities.

3 0

3 years ago