What are some simlarities between saving and investing?

Answers

Answer 1

Answer:

A similarities between saving and investing

1) Its about money.

2) Investing is similar to saving because you’re putting away money for the future. But you're trying to earn more money.

Explanation:


Related Questions

In the theory of consumer choice, when a person is choosing which good or service to consume, how does he or she select the units of good or service to consume

Answers

Explanation:

The consumer choice theory corresponds to the variables that lead a consumer to consume a product or service instead of another.

The purchase decision-making process consists of several stages where the consumer identifies a need, searches for available options to satisfy that need and finally, evaluates and chooses the most appropriate purchase option.

This decision is linked to the benefits that the consumer will have with the product in relation to his budget.

When presenting solutions, Chris (a salesperson)often has to handle buyer resistance. Chris should think of buyer resistance as a(n)___________ event.
A) Negative
B) Unimportant
C) Positive
D) A buyer initiated challenge (BIC)
E) Show stopper

Answers

Answer:

C) Positive

Explanation:

Since in the question it is mentioned that while presenting the solutions, Chris who is a sales person handles the buyer resistance also the Chris think that the buyer resistance is a positive event

Therefore in the given scenario, the option c is correct as it does not meet all other available options

hence, the correct option is c.

Question 3 of 10
Kristen has been working in a factory for 12 years and no longer wears a
helmet while working. She is experiencing one of the attitudes that commonly
lead people to have workplace accidents. What is she most likely feeling?
A. Anger
B. Overconfidence
C. Distraction
D. Exhaustion

Answers

Answer:

Letter B

Explanation:

Overconfidence

Overconfidence is she most likely feeling. As She is experiencing one of the attitudes that commonly lead people to have workplace accidents. Hence, option B is correct.

What is Overconfidence?

a cognitive bias that is characterized by an overestimation of one's genuine capacity for performance, by the belief that one does better than others, or by an excessive amount of faith in the truth of one's views. Contrast lack confidence.

Two overconfident actions that someone who thinks their sense of direction is much better than it actually is could display are going on a long trip without a map and refusing to ask for directions if they get lost along the way. Overconfident people think they are far smarter than they actually are.

Arrogance is the quality of being overconfident in one's abilities or prospects of success. Planning ahead can occasionally lead to overconfidence.

Thus, option B is correct.

For more information about Overconfidence, click here:

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In a job order cost accounting system, the journal entry to record the flow of direct materials into production consists of a

Answers

Answer:

Debit : Work In Process Account and  Credit : Raw Materials Account

Explanation:

The Work In Process Account must be increased with the cost of raw materials being transferred to production from the Raw Materials Account.Whilst the Raw Materials Account must be decreased.

How well acquainted with a sport would a publicist need to be in order to do his or her job effectively?

Answers

Answer:

at the very least, understand the basics of the sport in question

Explanation:

A publicist is an individual who generates and manages publicity for a company, a brand, or a public figure. If the publicist works for a sports company/magazine they need to, at the very least, understand the basics of the sport in question such as the rules, basic terminology used, player names/states, etc. This is because they need to write articles that make sense, and since the audience reading them will be very well versed in the sport, then the information provided needs to be accurate.

Pressing Music, Inc., offers to buy from Digital Media Corporation (DMC) one million blank CDs of a certain quality. Without notifying Pressing, DMC timely ships CDs of a different quality. With respect to the offer and a possible contract, this shipment is

Answers

Complete Question:

Pressing Music, Inc., offers to buy from Digital Media Corporation (DMC) one million blank CDs of a certain quality. Without notifying Pressing, DMC timely ships CDs of a different quality. With respect to the offer and a possible contract, this shipment is?

Group of answer choices

a. an acceptance and a breach.

b. an acceptance and an accommodation.

c. an acceptance and complete performance.

d. a rejection and a counter offer.

Answer:

a. an acceptance and a breach.

Explanation:

Since Pressing Music, Inc., offered to buy from Digital Media Corporation (DMC) a million blank certificates of deposits (CDs) of a certain quality, this simply represents an agreement to a deal or contract.

Furthermore, without notifying Pressing, DMC timely ships CDs of a different quality, this in business law is considered to be a breach of an agreement.

An agreement can be defined as a mutual understanding between two or more parties in order to execute a business or contract.

On the other hand, a breach refers to the violation of a binding agreement or a contract which happens when a party fails to deliver in accordance with the terms or its promises.

Hence, with respect to the offer and a possible contract, this shipment is an acceptance and a breach.

Which type of agreement assures that a broker will receive compensation regardless of who procures the buyer?a. Net listingb. Exclusive right to sellc. Open listingd. Exclusive agency

Answers

Answer: b. Exclusive right to sell

Explanation:

An authoritative understanding under which the posting merchant goes about as the operator or as the lawfully perceived non-organization illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting dealer, whether or not the property is sold through the endeavors of the posting intermediary, the seller(s), or any other individual; and an authoritative understanding under which the posting specialist goes about as the operator or as the legitimately perceived non-office illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting agent whether or not the property is sold through the endeavors of the posting representative, the seller(s), or any other person, then again, actually the seller(s) may name at least one person  or elements as exclusions in the posting understanding and if the property is offered to any absolved individual or element, the seller(s) isn't committed to pay a commission to the posting specialist

Professor Green teaches environmental economics at the local university. Students learn that the professor has also written books about labor laws. It is most likely that the professor is:

Answers

Answer: c. a microeconomist.

Explanation;

Professor Green writing books about labor laws when taken in isolation is not enough proof that he is a microeconomist because even though labor markets and laws fall mostly under microeconomics, they should also be viewed from a macro level as well considering how unemployment affects the economy as a whole.

However, if Professor Green teaches environmental economics as they indeed do, Green is probably a micro-economist because Environmental economics traditionally falls under Microeconomics.

It is more common to see rewards tied to performance indicators as opposed to seniority or loyalty in companies whose cultures are:

Answers

Answer: outcome oriented

Explanation:

It is more common to see rewards tied to performance indicators as opposed to seniority or loyalty in companies whose cultures are outcome oriented.

For outcome-oriented cultures, the managers and the workers are being held accountable for the success of the organization and hence the employees are usually rewarded based on their performance and to also motivate them.

To provide excellent customer service to those in the electrical industry through the use of high-tech solutions is an example of a:__________. A) work structure. B) goal C) mission D) code of conduct E) vision

Answers

Answer:

C) mission

Explanation:

The statement provided in the question is an example of the company's mission. A mission statement is a short statement explaining why an organization exists, and what it is intending to accomplish as its overall goal. Many times this statement may also include what kinds of products or services it provides, its primary customers or market, and its geographical region of operation. In this statement, they provided their overall goal, target market, and their products.

Ace Co. issued 1,000 shares of its $10 par value common stock for $15 per share in cash. How should this transaction be reported in Ace's statement of cash flows for the year of issuance

Answers

Answer:

$15,000 cash inflow from financing activities

Explanation:

Financing operations: it records operations concerning long-term debt and equity balance of shareholders. The issuance of the shares is an inflow of cash while other redemption and dividend are an outflow of cash

Since 1,000 shares are issued at $10 par value for $15 per cash

Here we record the $15,000 as cash inflows as this represents that the capital introduced in the business and the same is to be considered

You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce resource? Why is this the scarce resource? b. What are the two potential choices you had? c. What is the opportunity cost of the choice you made?

Answers

Answer:

[See Below]

Explanation:

* The scarce resource would be 10$.

 - Why? Because it's limited.

* The two choices you had were an 8$ movie or an 8$ pizza.

* The opportunity cost was 8$ and having 2$ left.

Gary Kelly, CEO of Southwest Airlines, talks to a group of reservation agents to acknowledge their contributions to the company's success.What function of management?

Answers

Answer:

leading

Explanation:

The function of management that the CEO is performing in this scenario is known as leading. This function focuses on motivating employees and influencing their behavior to achieve organizational objectives. In this scenario, the CEO of the company is motivating the employees by letting them know that they have been doing a great job and that top management is noticing their efforts which in term will cause them to perform even better with hopes that they will get bonuses or a promotion.

Sustainable development refers to _____. a. economic activities that do not threaten the environment b. an increase in the number of business firms that indulge in greenwashing c. a change in the environment of a species d. a steady increase in the utilization of conventional energy sources e. reversal of the damage caused by humans in an attempt to save the planet

Answers

Answer:

A

Explanation:

The Brundtland Report defines Sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

when resources are purchased from outsiders through long term contracts instead of being made in house, this process is referred to as +

Answers

Answer:

Outsourcing

Explanation:

Outsourcing is a term often used in business relationships that describes a practice in which companies ensures that best candidates are employed for a particular work often contract job, without getting involved in the process of sourcing and appointing internally. It can be used for various operations such as audition works, procurement, planning strategy, etc.

Hence, in this case, the correct answer is OUTSOURCING

ABC Company has issued $20,000,000 of convertible bonds with a coupon of 5% and a current market value of 120. The conversion price is $40. If all the bonds are converted, how many additional shares of common stock will ABC have outstanding

Answers

Answer:

Explanation:

k

Tom elects the Life Income with 10-year Period Certain settlement option. Tom dies in year 6. The beneficiary receives payments for _______.
A. Life
B. 4 years
C. 10 years
D. 6 years

Answers

Answer:

B. 4 years

Explanation:

As per the certain life income period, the guaranteed payments for the recipient lifetime or the specified time duration whichever is more.

Now if the recipient dies before the certain period ended, so the payments would be continued to the other beneficiary unless there is an end for the certain period

So, in the given situation, the payments would be received for

= 10 years - 6 years

= 4 years

Hence, the correct option is B. 4 years

"An investor has purchased shares of an international bond fund. The fund will have inferior performance if the value of the:"

Answers

Answer:

B. U.S. Dollar increases and foreign currency decreases

Explanation:

When the foreign currency declines as compared with the dollar, so the fund of net asset value should be transformed in dollars as the little dollars are established as the each of its foreign curreny units purchased less dollars this results in cheap performance as per the U.S investor view

So here in the given case, the Dollar of U.s should rise and the foreign currency declines

Gravitational force and gravity.​

Answers

Answer:

is how u fall

Explanation:

Gravity , or gravitation, is a natural phenomenon by which all things with mass or energy—including planets, stars, galaxies, and even light—are brought toward one another.

Suppose the economy is initially in​ long-run equilibrium. The Fed enacts a policy to . In the​ short-run, this expansionary monetary policy will​ cause:

Answers

Answer:

A shift from AD 1 to AD 2 and a movement to point​ B, with a higher price level and higher output.

Explanation:

The above is what the expansionary monetary policy of the Federal government will cause in a situation where a policy was introduced on a short-run.

Seller Deangelo agreed to mediate the radon gas problem in his basement within 31 days. It has been 31 days and he still has not addressed the issue. What is the current status of the sales contract?

Answers

Answer:

Deangelo has defaulted on the contract.

Explanation:

A party to a contract is said to have defaulted on a contract when a non material breach of a contract occurs. One of the parties to the contract fails to meet his obligations.

So the failure to do what is expected within a given time frame will result in default of the contract. The contract can now be cancelled.

In the given instance DeAngelo had an obligation to mediate the radon gas problem in his basement within 31 days.

He has failed to do this at the end of 31 days so he has defaulted on the contract

A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structure calls for a debt-to-equity ratio of 45%. Calculate the firm's cost of capital

Answers

Answer:

WACC= 17.95%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund.

It is calculated using the formula below:

WACC = (We×Ke)  +  (Wd×Kd)

Ke-cost of equity- 22%

We- equity weight- 100% - 45% = 55%

Kd-After tax cost of debt-10.3%

Wd- 45%

After tax cost of debt = Before tax ×× (1- tax rate)

After tax cost of debt = 13%× (1-0.21) = 10.3%

Cost of equity = 22%

WACC =(0.55× 22%) + (0.45× 13%)=17.95%

WACC= 17.95%

Lawrence is a buyer closing on a home purchase for which he's obtaining financing. He receives a Loan Estimate from his lender. What's the purpose of this document?

Answers

Answer: The purpose of this document is to detail estimated closing costs for Lawrence's loan

Explanation:

From the question, we are informed that Lawrence is a buyer closing on a home purchase for which he's obtaining financing and that he receives a loan estimate from his lender.

The function of a loan estimate is to detail estimated closing costs for the loan that Lawrence's took. With the low estimate, Lawrence will have an idea of what he'll pay

Wright Company's cash account shows a $28,900 debit balance and its bank statement shows $27,200 on deposit at the close of business on May 31. The May 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services.Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2013, its Cash account shows a $28,900 debit balance. The company’s May 31 bank statement shows $27,200 on deposit in the bank.a. The May 31 bank statement included a $170 debit memorandum for bank services; the company has not yet recorded the cost of these services.b. Outstanding checks as of May 31 total $6,300.c. May 31 cash receipts of $6,900 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement.d. In reviewing the bank statement, a $470 check written by Smith Company was mistakenly drawn against Wright’s account.e. A debit memorandum for $460 refers to a $460 NSF check from a customer; the company has not yet recorded this NSF check.Prepare a bank reconciliation for the company using the above information.

Answers

Answer: Please find answer in the explanation column

Explanation: A bank Reconciliation statement is one that shows a record ensuring a company's bank financial records corresponds with its financial book records and adjust any discrepancies found.

    Bank reconciliation for the Wright  company as of May 31st

Ending balance according to Bank  statement        $27,200

Add:

Deposit made                                                              $6,900

Bank error                                                                     $470

                                                                                      $34,570

Deduct:

Outstanding checks                                                       ($6,300)

Adjusted bank balance                                                 $28,270

Ending balance according to Book  statement        $28,900

Add:

Deduct:

Bank Service Charge                                                       ($170)

NSF check                                                                         ($460)

Adjusted book balance                                                 $28,270

In order to test a new customer loyalty program, a supermarket sends an email to its current customers in one of its regions of operation, inviting them to opt into the new program. After several months, management observes that participants in the new program are much more frequent shoppers than the average customer. Which of the following can management conclude from this experiment? Introducing the new loyalty program in all of its regions of operation will boost sales in the future.

Answers

Available Options Are:

A) Introducing the new loyalty program in all of its regions of operation will boost sales in the future.

B) The new loyalty program has boosted sales among its test participants.

C) Sales to customers that did not opt into the loyalty program have decreased.

D) None of the above

Answer:

Option A. Introducing the new loyalty program in all of its regions of operation will boost sales in the future.

Explanation:

Option A is correct because the purpose of introducing loyalty program was to increase its sales which loyalty program has significantly increased. Hence the conclusion from the experiment must be that the company must introduce customer loyalty programs in all of its branches to increase its sales significantly.

Option B is incorrect because it was the result of loyalty program not what we must conclude from the result.

Option C is also incorrect because the purpose of loyalty program was that the company was willing to increase sales by only attracting potential customers who are frequent shoppers and now due to loyalty program, they will buy more from our shops. Hence it will not impact the other customers.

Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire company when being evaluated on ROI instead of residual income. A manager might reject a proposal using ROI that the manager would accept using residual income. A project that is not acceptable usi

Answers

Answer:

A.Incorrect

B. Incorrect

Explanation:

a) A manager might reject a proposal using ROI that the manager would accept using residual income

The statement is incorrect. The reverse is true. Using ROI entails the manager comparing the ROI after a project to the ROI before, where implementing a project makes the ROI after to be less than what it before the project, the Manager would most likely not implement the project. This would happen notwithstanding that the project  produces positive residual income.

b) Managers will be more likely to pursue projects that will benefit the entire company when being evaluated on ROI instead of residual income.

This statement is incorrect. ROI makes the manager to pursue his own interest and that of its division at the expense of the group objectives. It leads to sub-optimal decision

"Assuming that PDQ Corporation has annual net sales of $303,000,000 and annual cost of goods sold of $202,000,000, what is the inventory turnover ratio for PDQ Corporation?"

Answers

Answer:

2

Explanation:

The inventory turnover ratio is defined as the ratio of the cost of goods sold to the average inventory.

Average Inventory = annual net sales - annual cost of goods sold

Average Inventory  = $303,000,000 - $202,000,000

Average Inventory = $101,000,000

Given cost of goods sold = $202,000,000

Inventory turnover ratio = cost of good sold/average inventory

Inventory turnover ratio = $202,000,000/$101,000,000

Inventory turnover ratio = 202/101

Inventory turnover ratio = 2

Hence the inventory turnover ratio for PDQ Corporation is 2

Select the components of a market analysis.

a. the consumption process of potential customers
b. the economic, physical, and technological environment
c. the organization's own capabilities
d. the capabilities of current and future competitors
e. an understanding of injurious consumption

Answers

Answer:

All of the above except option e.

Explanation:

To gain success and growth is the motto of every business, for this it is very important for a company to analyse the market properly, this shall include:

i) Knowing your customers properly, knowing the targeted audience of  the product or service provided by the company.

ii) The company shall accurately analyse the environment in which it runs, this includes all the factors, physical, economical, or technological or political etc:

iii) The company shall analyse its own capabilities properly and evaluate the areas where it needs to work even more.

iv) Knowing your competitors is very important as it provides for the ongoing and upcoming challenges, a business shall face.

ou need to give the customer something that they need." This statement best reflects the beliefs of marketers during the _____ Era.

Answers

Answer: Marketing Era

Explanation:

The Marketing Era is one of the so-called eras of Marketing which defined how producers related to customers and hence try to show how marketing has changed over the years.

In the Marketing Era , the focus of producers was to give the customers items they actually needed and wanted so that instead of having to convince customers to buy goods that the company made which the customers may not have wanted, by making what the customer actually wanted, they would not have to spend so much on convincing them.

The Duffy Design Group demonstrated the effectiveness of graphic design in its label for ________ , which helped increase sales in spite of a small advertising budget.

Answers

Answer:

Classico spaghetti sauce

Explanation:

Since in the question it is mentioned that the Duffy Design Group represents the graphic design effectiveness for labeling the product i.e. Classico spaghetti sauce due to which the company is able to accomplish its target share and capture the maximum share in the market place rather having the less advertising budget

Therefore it is a Classico spaghetti sauce product

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