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Alex777 [14]
1 year ago
15

A _________ is generally considered an appreciating asset because it may _________ in value over time. A:car; increase B:car; de

crease C:house; increase D:house; decrease
Business
1 answer:
Sergeeva-Olga [200]1 year ago
8 0
A house is generally considered an appreciating asset because it may increase in value over time.

Hope that helps.
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What steps can you take to prevent yourself from being affected by a market correction?
irina [24]

 steps you can take to help fight through a market correction so you can invest wisely for retirement.

<span>STOP listening to financial media and market “experts.” They only magnify your fear.Learn the nature of the markets you invest in. Develop a clear understanding of how they work.Determine your appetite and need for market risk. How much volatility can you stomach? How much market risk do you need to achieve your goals?Set a portfolio allocation that fits your needs.Rebalance it religiously to manage your risk and potential return goals.Maintain enough cash reserves. This will help your long-term assets be focused on long-term objectives.<span>Revisit steps 1 thru 7 religiously to adjust as your life unfold.</span></span>
6 0
1 year ago
Camille told the management team that investing capital in the Swaziland-based manufacturing plant would not only benefit their
rusak2 [61]

Answer: Camille is referring to resource transfer effect.

Explanation:

In resource transfer effect, it is perceived that an organization is using its resources to aid the government or ruling body.

In the scenario above, it can be seen that the investment in swaziland-based manufacturing plant will promote significant economic development, and not just benefit the company, therefore, this is a resource transfer effect.

4 0
1 year ago
Read 2 more answers
An author just signed a lucrative contract with a publisher that offers to pay her the amount of $600 at the end of year 9 when
Mademuasel [1]

Answer:

annuity = $37.51

Explanation:

future value of the annuity = $600 - future value of the initial $100 paid

$100 x 1.06⁹ = $168.95

future value of the annuity = $600 - $168.95 = $431.05

FV of an annuity = payment x {[(1 + r)ⁿ - 1] / r}

payment = FV / {[(1 + r)ⁿ - 1] / r}

  • FV = $431.05
  • r = 6%
  • n = 9

payment = $431.05 / {[1.06⁹ - 1] / 0.06} = $431.05 / {0.68948 / 0.06} = $431.05 / 11.4913 = $37.51

3 0
1 year ago
Classic Company designs, markets, and distributes a variety of apparel, home decor, accessory, and fragrance products. The compa
Soloha48 [4]

Answer:

a.

Accounts receivable turnover for Year 1: 8.2 times

Accounts receivable turnover for Year 2: 7.9 times

b.

The number of days' sales in receivables for year 1: 44.5 days

The number of days' sales in receivables for year 2: 46.2 days

Explanation:

a. The accounts receivable turnover is an efficiency ratio that measures how many times a company can collect its receivables or money owed by clients during the year.

Accounts receivable turnover is calculated by following formula:

Accounts Receivable Turnover = Net Credit Sales /Average Accounts Receivable

In there:

Average Accounts Receivable = (The beginning accounts receivable of the period balance + The ending accounts receivable of the period balance)/2

In Classic Company:

Average Accounts Receivable in year 1 = ($346,750+$390,550)/2 = $368,650

Average Accounts Receivable in year 2 = ($390,550+$375,950)/2=$383,250

Accounts receivable turnover for Year 1 = $3,022,930/$368,650=8.2 times

Accounts receivable turnover for Year 2 = $3,027,675/$383,250=7.9 times

b.

The number of days' sales in receivables = 365/Accounts receivable turnover ratio

For Year 1:

The number of days' sales in receivables = 365/8.2 = 44.5 days

For year 2:

The number of days' sales in receivables = 365/7.9 = 46.2 days

5 0
1 year ago
In 2007, Apple Computer, Inc. dropped "Computer" from the company’s name to become Apple, Inc. This was a part of its _____, hel
Alisiya [41]

it was apart of "Apple Inc"

hope this helped if not let me know:)

7 0
1 year ago
Read 2 more answers
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