You are in violation of building codes.
Building codes are regulations and standards set by local authorities that dictate the minimum requirements for the construction, alteration, and maintenance of buildings. These codes cover various aspects of construction, including structural integrity, electrical systems, plumbing, fire safety, and accessibility.
In this scenario, failing the inspection for the construction of the bathroom means that the construction does not meet the specific requirements outlined in the building codes. As a result, you are unable to open for business until the necessary corrections are made to ensure compliance with the codes.
Zoning regulations, on the other hand, determine the designated land use for different areas (such as commercial, residential, industrial) and dictate how properties can be used. While being zoned for commercial use is relevant to the scenario, the specific violation pertains to the building codes rather than zoning regulations.
Assemblage ordinances refer to regulations related to combining multiple parcels of land, and a master plan is a comprehensive long-term plan for land use and development. Neither of these directly apply to the violation described in the scenario.
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"WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee. "
The two employees of WTI are paid weekly, but due to the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.
What is employees?Employees are individuals who work for an employer in exchange for wages, benefits, and other forms of compensation. Employees can be either full-time or part-time, and may include individuals who are paid hourly or salaried. Employees are responsible for carrying out the duties and tasks of their job, and are also expected to adhere to the policies and procedures of the company. Employers are responsible for providing employees with a safe and healthy work environment, as well as offering fair wages and other benefits such as health insurance and retirement plans. Employees are also entitled to certain rights and protections under the law, such as protection from discrimination and harassment.
This means that the two employees will receive an additional $200 each in their next paycheck, which covers the two days' worth of wages that have accrued since the end of the year.
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Grey Corporation has $100,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accounts is a credit of $1,000. Experience suggests 5 percent of its receivables will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is:
Answer: $4000
Explanation:
Amount receivable = $100,000
Allowance for uncolletible account at 5%= 5% x 100,000 =$5000
Adjusted balance for Allowance for doubtful accounts = credit of $1000
Bad Debit Expense = Allowance for uncolletible account - Adjusted credit balance on doubtful accounts=$5000-$1000= $4000
JOURNAL ENTRY
Date Accounts Debit Credit
31 Dec Bad Debts $4000
Allowance for doubtful account $4000
“How can using technology to communicate be more challenging than person to person interaction?”
What is true about open ended credit
Answer :
An open circuit implies that the two terminals are points are externally disconnected, which is equivalent to a resistance R=∞ . This means that zero current can flow between the two terminals, regardless of any voltage difference.
Mill Creek Corporation (MCC) currently has 520,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. MCC has a six-for-three stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
b. MCC has a 20% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
c. MCC has a 45. 5% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
d. MCC has a three-for-seven reverse stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations. Round the final answers to the nearest whole number. )
a. After a six-for-three stock split, the number of shares outstanding will increase to a New number of shares outstanding by 1,040,000, b. A new number of shares outstanding: 624,000, c. shares outstanding: 756,600, and d. New number of shares outstanding: 222,857
a. After a six-for-three stock split, the number of shares outstanding will increase to (520,000 x 6/3) = 1,040,000 shares. The new share price will be (50/3) = $16.67 per share.
New number of shares outstanding: 1,040,000
b. A 20% stock dividend will increase the number of shares outstanding by 20% of the current number of shares, which is (520,000 x 0.20) = 104,000 shares. The new number of shares outstanding will be (520,000 + 104,000) = 624,000 shares. The new share price will be (50/1.20) = $41.67 per share.
New number of shares outstanding: 624,000
c. A 45.5% stock dividend will increase the number of shares outstanding by 45.5% of the current number of shares, which is (520,000 x 0.455) = 236,600 shares. The new number of shares outstanding will be (520,000 + 236,600) = 756,600 shares. The new share price will be (50/1.455) = $34.31 per share.
New number of shares outstanding: 756,600
d. After a three-for-seven reverse stock split, the number of shares outstanding will decrease to (520,000 x 3/7) = 222,857 shares. The new share price will be (50 x 7/3) = $116.67 per share.
New number of shares outstanding: 222,857
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Furniture is an
O asset
O expense
O none of the above
Answer:
Asset.
Explanation:
An asset is a useful or valuable thing or person.
• To whom does the FCPA apply?
The FCPA applies to the following persons or organizations in the United States and around the world.
1. Domestic concerns- The FCPA applies to every U.S. citizen and permanent resident. It also applies to any company that has its headquarters in the United States or conducts some of its business there.
2. Companies listed on US securities exchanges- The FCPA applies to any foreign company that is publicly traded on US exchanges or that files periodic reports with the Securities and Exchange Commission (SEC).
3. International concerns- any corporation or person who acts as an agent, employee, officer, director, or shareholder of a domestic concern may be held liable for Foreign Corrupt Practices Act (FCPA) violations that occur outside of the United States. The Foreign Corrupt Practices Act is a law that regulates bribery of foreign officials by US companies and citizens. Its main purpose is to prevent corruption in international business transactions.
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encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of imported components. tend to benefit consumers and not producers.
Answer:
lower the prices of imported components
Explanation:
In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions. As a result, the pricing of the items they send back to the United States are lower.
How did speculation and margin buying cause stock prices to rise?
Speculation and margin buying cause stock prices to rise Because of margin buying, investors stood to lose large sums of money if the market turned down, or failed to advance quickly enough.
shares are a kind of safety that offers stockholders a share of ownership in a business enterprise. stocks are also called “equities. “An inventory is a well-known time period used to explain the ownership certificates of any organization. A percent, alternatively, refers to the inventory certificates of a particular enterprise. keeping a selected company's share makes you a shareholder. Description: shares are of kinds—common and desired.
Inventory is a type of investment in a company. organizations problem inventory shares to elevate money that allows you to finance operational dreams and to gasoline growth, and traders buy the one's inventory shares for the opportunity to generate a pass lower back on their investment. A percentage is an economic device that represents the aspect of ownership of an enterprise. A stock is a financial tool that represents element possession in one or greater establishments.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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luz is an employee of motor parts, an auto parts store. on the orders of his employer, he switches trademarks on parts that come into the store to be sold to consumers. this is most likely
This is most likely a fake. It is because the motor part's brand is exchanged so that the quality does not match the brand.
A trademark is a type of Intellectual Property Rights consisting of a recognizable sign, design or expression to identify a product or service that is distributed to the market. This trademark is what makes a product or service unique and different from other similar businesses and makes it easier for buyers or customers to recognize the product. Companies that register their trademarks can be legally protected. That way, no other party can use the same name/sign/symbol as what has been used.
Trademarks that have been registered have a valid period, in Indonesia, trademark protection is valid for 10 years from the date of submission. Trademark protection can be extended in accordance with applicable legal provisions.
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An annual report of Marriott International, Incorporated, contained a rather lengthy narrative entitled "Liquidity and Capital Resources." The narrative noted that a revolving credit agreement outstanding at the end of the year aggregated $4.5 billion and that during the following year, "While any outstanding commercial paper borrowings and/or borrowings under our Credit Facility generally have short-term maturities, we classify the outstanding borrowings as long-term based on our ability and intent to refinance the outstanding borrowings on a long-term basis. The Credit Facility expires on June 28, 2024."
Required:
How did Marriott report the debt in its balance sheet?
Marriott reported the debt as a long-term liability on its balance sheet.
Marriott's decision to report the debt as a long-term liability on its balance sheet is justified because they have the ability and intent to refinance the outstanding borrowings on a long-term basis when the Credit Facility expires.
This indicates that Marriott is not expecting to pay off the debt in the short-term, and so it is appropriate to classify it as a long-term liability.
The primary advantage of classifying the debt as a long-term liability is that it allows Marriott to spread out their debt payments over a longer period of time. This allows the company to use their cash more efficiently and can help to improve their financial position.
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Why is it virtually important to understand the fees your bank may charge on your checking account
Answer:
Explanation:
When a bank lends you money, it charges interest on the loan. When you open a deposit account, such as a checking or savings account, there are fees for that as well. It's important to know all the fees your bank charges, as well as how to reduce or eliminate as many of them as possible.
What are some ways to make money through investing in real estate?
(12 points: 4 points for each correct answer
Answer:
Options include:
Short sales—this involves purchasing a home from a lender when the mortgagee is behind on payments. Short sales can be a time-consuming and complicated proposition.
Lease options—these are what the name implies. When you lease with an option to buy in a bull real estate market, where prices are rising, you may be able to complete the purchase later at a lower, pre-set price, or make a profit by selling your purchase rights.
Contract flipping—instead of flipping houses, this type of flipping involves the transfer of the rights of a purchase contract to another buyer. If you can locate distressed sellers and motivated buyers and bring them together, you may be able to make a profit this way.
The Bottom Line
There are several proven strategies for making money in real estate. Appreciation, inflation, and income rank high on the list but several alternative real estate investments also exist. Understanding your investments, risks, and whether the overall process is worth it or not is up to you.
can you think of strategic reasons for disney to ensure a consistently positive customer experience through employee engagement?
Disney is one of the largest and most well-known entertainment companies in the world, and providing a consistently positive customer experience is crucial to its success.
Disney can create a more enjoyable and memorable experience for its customers.
Here are a few strategic reasons why employee engagement is so important for Disney.
First, engaged employees are more likely to provide excellent customer service. When employees are invested in their jobs and feel a sense of pride and purpose in what they do, they are more likely to go the extra mile to make customers happy.Second, engaged employees are more productive and efficient. When employees are motivated and engaged, they are less likely to waste time or make mistakes, which can lead to better use of resources and increased productivity.Third, engaged employees are more likely to stay with the company for longer periods of time, reducing turnover and saving on the cost of recruitment and training.To Read more about Disney, Visit-
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Suppose that the public holds 50% of the money supply in currency, that the reserve requirement is 20%, and that banks hold no excess reserves. If a customer deposits $6,000 in her checking account, required reserves will increase by:
The required reserves will be increased by $4,800 if the customer deposits the amount of $6,000.
What is meant by deposits?
Deposits are the amount that the customers put in their savings accounts opened with the banks.
Given values:
Deposited amount: $6,000
Reserve ratio: 20%
Computation of increase in required reserves:
\(\rm\ Increase \rm\ in \rm\ Required \rm\ Reserves=\rm\ Customer \rm\ deposits \times\ (100\%-\rm\ Reserve \rm\ Ratio)\\\rm\ Increase \rm\ in \rm\ Required \rm\ Reserves=\$6,000 \times\ (100\%-20\%)\\\rm\ Increase \rm\ in \rm\ Required \rm\ Reserves=\$4,800\)
Therefore, the amount of $4,800 will increase the required reserves on the deposit of $6,000 by the customer.
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during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Given:
Price of one share in 1980 = $\(17\dfrac14\)
Price of one share in 1989 = $\(56\dfrac18\).
To find:
How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Explanation:
Using the given information,
Change in the value of each share = \(56\dfrac18-17\dfrac14\)
= \(\dfrac{448+1}{8}-\dfrac\dfrac{68+1}{4}\)
= \(\dfrac{449}{8}-\dfrac\dfrac{69}{4}\)
= \(\dfrac{449-138}{8}\)
= \(\dfrac{311}{8}\)
Value of one share increased by $\(\dfrac{311}{8}\).
Value of 100 shares increased by = \(100\times \dfrac{311}{8}\)
= \(\dfrac{31100}{8}\)
= \(\dfrac{7775}{2}\)
= \(3887.5\)
Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.
What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
For which product is demand likely to be the most elastic? a) A product with no substitutes b) a product with many adequate substitutes c) a product with inadequate substitutes d) it is impossible to tell
Because people are willing to purchase at a cheaper price if prices drop, expensive goods frequently exhibit large elasticities. Products with numerous alternatives or rivals are elastic because customers switch to other products as the price of the original product rises.
What contexts exist for the word "purchase"?
When a noun form is necessary, such as in the phrase: You made a wise purchase when you bought gasoline before the price climbed., the word "buy" should also be used. Try to use "buy" for simple transactions and "purchase" for more formal cash exchanges for goods. The value of all products and services purchased during the accounting period for resale or consumption in the manufacturing process is included in purchases of goods and services, with the exception of capital goods, whose consumption is recorded as consumption of fixed capital.
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How many new jobs is the sports and entertainment industry projected to add from 2014 to 2024?answer choicesA) 23,000B) 37,000C) 46,000D) 52,000
From 2014 to 2024, it sports and entertainment sector is expected to create 46,000 new jobs.
Who is the top hero in India's entertainment sector?They are well known for their acting prowess, charisma, and good looks, and they have starred in a number of box office successes. The most recent list of India's "Most Popular Male Stars" for the December period was announced by well-known media outlet Ormax. Acquiring the top spot was Akshay Kumar.
Who is the richest actor in India, exactly?Bollywood actor Shah Rukh Khan, who has worked in the film industry for more than three decades, is the fourth-richest actor in the world and the richest performer in Asia. Millions of people throughout the world adore Shah Rukh Khan, who has an estimated net worth of $627 million.
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A new customer wishes to open an options account with your firm. All of the following procedures are required prior to the first trade EXCEPT the: A customer must complete an Options Agreement B Registered Options Principal must approve the account before the first trade C customer must be sent an Options Disclosure Document D new account form must be completed
Answer:
customer must complete an Options Agreement
Explanation:
Options account can be regarded as
brokerage account which is been
approved for the sake of buying and selling options.To Open an option account an investor must be able to complete an option agreement, then collect a brochure that gives description of the risks of trading a standardized options.Options can be regarded as derivative product that give room to investors in speculating on as well as hedge against volatility that could come from underlying stock.
It should be noted that when a new customer wishes to open an options account with a firm, the following procedures are required prior to the first trade ;
1)new account form must be completed
2)customer must be sent an Options Disclosure Document
3)Registered Options Principal must approve the account before the first trade
The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:
Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.
What is the unemployment rate?The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)
Solving gives:
= (11,000) / (65,400 + 11,000)
= 11,000 / 76,400
= 14.4%
In conclusion, the rate is 14.4%.
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Which is an environmental cost of moving contaminating industries from developed countries to developing countries?
Moving contaminating industries from developed countries to developing countries can result in increased pollution, environmental degradation, and adverse health impacts in the receiving countries due to weaker environmental regulations.
One of the environmental costs of relocating contaminating industries from developed countries to developing countries is the potential for increased pollution and environmental degradation in the receiving countries. This transfer often occurs due to weaker environmental regulations and enforcement in developing nations.
The lack of stringent controls may result in higher emissions of pollutants, improper waste disposal, and unsustainable resource extraction practices. These activities can lead to air and water pollution, deforestation, soil degradation, and negative health impacts on local communities.
Additionally, the movement of contaminating industries may contribute to a global "pollution haven" effect, where environmental damage is simply shifted from one region to another rather than being mitigated.
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When faced with quota pressure, a salesperson with customer orientation would most likely: a. avoid issuing express warranties. b. practice the hard-sell approach. c. overstate the benefits of the recommended product. d. explain the cons of the recommended product. e. engage in fast talking.
When faced with quota pressure, a salesperson with customer orientation would most likely explain the cons of the recommended product.
A business strategy known as "customer orientation" prioritizes the demands of the client over those of the company. Companies that prioritize their customers are aware that without continually increasing their customer focus, their firm will not succeed.
Cons are a drawback or justification for not acting: The higher operating expenses of a larger automobile are one of its drawbacks. Before making a choice, you must consider all the advantages and disadvantages of the situation.
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Main Answer:
When faced with quota pressure, a salesperson with customer orientation would most likely practice the hard-sell approach.
Explanation:
The hard-sell approach will make the salesperson under quota pressure to use a direct and insisting language so that he can convince the customer to go for the product in a short span of time.
The correct option is b. practice the hard-sell approach. The remaining options are ruled out.
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According to the digital disconnect and the lecture, the global digital divide is the result of _____.
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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Reginald is about to lease an apartment for 30 months. The landlord wants him to make the lease payments at the start of the month. The monthly payments are $1,500 per month. The landlord says he will allow Reg to prepay the rent for the entire lease with a discount. The one-time payment due at the beginning of the lease is $41,317. What is the implied monthly discount rate for the rent? If Reg is earning 1.1% on his savings monthly, should he pay by month or make the one-time payment? What is the implied monthly discount rate for the rent?
$1,500 is paid each month against the balance. Reg can prepay the entire lease's worth of rent with a discount, according to the landlord. The upfront cost...
Is it paid or payed?
The payments each month total $1,500. Reg can prepay the rent with a discount for the duration of the entire lease, according to the landlord. The upfront deposit...
The word "paid" is uncommon and only used in nautical and marine contexts. It can be used to describe letting out a rope or chain by slackening it as well as coating various boat pieces with waterproof material. The word paid, which is significantly more prevalent, is used in place of the verb "pay" in all other connotations.
Paid refers to activities that an employee engages in using funds provided by their employer.
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identify ten entrepreneur and classify them under the types of entrepreneur
Answer: There are only five types of entrepenuer...
1. Skeptical entreprenuer: Sees the success of others and questions it.
2. Copycat entreprenuer: Sees the success of others and copys them exactly.
3. Research entrepreneur: They research every possible scenario and outcome for strategies to start or grow a business...
4. The determined entrepreneur: - hasn't made it yet- but will.
5. The accolmplished entrepreneur: Has gone through all types of entrepreneur and has built success from it.
Explanation: Hope this helps!
How much of the total did Raul contribute himself
1. The total balance in the account after 40 years would be $192,520.
What is balance?Balance is a fundamental concept in a wide range of disciplines, including physics, biology, finance, and psychology. It refers to the ability to maintain equilibrium or stability, and the ability to adapt and adjust when faced with external challenges. Balance is achieved by creating internal stability and harmony, and by avoiding extremes and unnecessary risks. In physical terms, balance is achieved when the forces acting on a system are equal and opposite.
2. Raul contributed $120,000 himself.
3. Raul made $92,520 through compound interest in the savings account.
4. Raul could have increased the total amount of money he made over the 40 years by investing his money instead of keeping it in a savings account. Investing has the potential to earn higher returns than a savings account and has the potential to increase the total amount of money made over the 40 years.
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Complete Question:
Raul Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.596 interest per year 1. What is the total balance in 2. How much of the total did 3. How much money did Raul the account after 40 years? Raul contribute himself? make through compound interest in this savings account? N 4. Identify one way Raul could have increased the total amount of money he made over the 40 years. Explain your reasoning.
How long does a trademark last? _____
twenty years
twenty years
five years
five years
fifteen years
fifteen years
ten years
ten years
Answer:
a federal trademark can potentially last forever, but it has to be renewed every ten years.
hope this helps >:) good luck!