Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones

Answers

Answer 1

Based on the information given, the category of inventory holding costs that are illustrated include pilferage, scrap, and obsolescence.

Holding costs simply means the costs that are associated with the storage of unsold inventory.

The inventory holding costs that have a much higher percentage than average for rapid-change industries such as PCs and cell phones are pilferage, scrap, and obsolescence.

Others such as housing costs, labor costs, parts costs, etc have a lower percentage.

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Related Questions

What do you think was the reasons of Ms. Sagrado in coming up with a pot as business?

Answers

You must speculate as to Ms. Sagrado's motivations for starting a marijuana-related business because she didn't anticipate the success of her venture and appears to be overjoyed about it in the paragraph.

Business, finance, marketing, sales, and human resources entry-level positions can be attained with a bachelor's degree in entrepreneurship. They also offer the entrepreneurial abilities required to launch a business.

Your best work, service to others, and Conditions that are helpful include interesting work that allows you to experience "flow," encouraging coworkers, the absence of significant drawbacks like unjust compensation, and a job that suits your own schedule.

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assume that the fed announces the economy is so strong, they will increase interest rates more times in the coming year than previously announced. this means that:

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If the Fed announces that it will increase interest rates more times in the coming year than previously announced, it means that they are taking a more hawkish stance toward monetary policy.

The decision to increase interest rates is usually taken by the Federal Reserve when they feel that the economy is performing well and that inflation is picking up. By raising interest rates, the Fed aims to slow down economic growth and keep inflation in check.

If the Fed announces that it will increase interest rates more times in the coming year than previously announced, it indicates that they have become more confident in the strength of the economy. They may have revised their economic projections upwards or received new data that suggests that the economy is performing better than expected.

This announcement also implies that the Fed is taking a more hawkish stance toward monetary policy. A hawkish stance means that the Fed is more concerned about inflation than economic growth and is willing to take actions, such as raising interest rates, to rein in inflation. A more hawkish Fed could lead to higher borrowing costs for consumers and businesses, which could potentially slow down economic growth.

Overall, the announcement that the Fed will increase interest rates more times in the coming year than previously announced is a signal of a stronger economy and a more hawkish monetary policy stance.

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5. Suppose there was excess demand in the widget market. Explain thoroughly the process by which the market would move from that disequilibrium position to the equilibrium.
6. Suppose there was a market surplus in the widget market. Explain thoroughly the process by which the market would move to the equilibrium.
7. Use a graph with market supply and demand functions to demonstrate the impact of an increase in income.
8. Use a graph with market supply and demand functions to demonstrate the impact of outlawing some technology used by firms in that market that increased productivity, and for which there is no substitute.
9. What is own price elasticity of demand and what are the factors that determine it?

Answers

Excess demand in the widget market is resolved by increasing supply and decreasing demand until equilibrium is reached. Market surplus is resolved by reducing prices, increasing demand, and decreasing supply to reach equilibrium. An increase in income leads to a rightward shift of the demand curve, resulting in higher quantity demanded.

1. Excess demand in the widget market leads to a process of market adjustment where suppliers increase quantity supplied and buyers may reduce quantity demanded until equilibrium is reached.

2. In the case of a market surplus, suppliers may decrease prices while buyers increase quantity demanded, resulting in a reduction of surplus until equilibrium is attained.

3. An increase in income causes the demand curve to shift rightward, indicating higher quantity demanded at each price level, while the supply curve typically remains unchanged.

4. Outlawing technology that enhances productivity and lacks substitutes causes a leftward shift in the supply curve, reducing the quantity supplied at each price level. The impact on the equilibrium price depends on the relative shifts in demand and supply.

5. Own price elasticity of demand measures the responsiveness of quantity demanded to changes in price. Factors determining it include availability of substitutes, necessity or luxury status of the good, time horizon, and proportion of income spent on the good.

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On 31 January 2017, you bought 200 shares of a company for $422.84 a share and on 31 January 2021 you sold them for $862.14 a share. In January 2021, you also received a cash dividend of $11.64 per share. Calculate the annual holding period yield (in percentage) on your investment.

Answers

The annual holding period yield (in percentage) on the investment of 200 shares purchased

at $422.84 a share and sold at $862.14 a share and a cash dividend of $11.24 per share is 14.27%.

Number of shares = 200

Cost per share = $422.84

Selling price per share = $862.14

Dividend per share = $11.24

To calculate the annual holding period yield of the investment, we need to determine

the holding period, the dividend, and the return on investment.

Holding period = (2021 - 2017) = 4 years

Dividend income = $11.24 x 200 = $2,248

Total revenue from selling shares = Selling price per share x Number of shares= $862.14 x 200 = $172,428

Total Cost of 200 shares = Cost per share x Number of shares= $422.84 x 200 = $84,568

Total Return on Investment = Dividend income + Total Revenue from Selling Shares - Total Cost of shares= $2,248 + $172,428 - $84,568= $90,108

Annual Holding Period Yield = ((Total Return on Investment / Total Cost of shares)^(1/number of years)) - 1= (($90,108/$84,568)^(1/4)) - 1= (1.06769^(1/4)) - 1= 0.135 = 13.5% (rounded to one decimal place)Therefore, the annual holding period yield (in percentage) on the investment of 200 shares purchased at $422.84 a share and sold at $862.14 a share and a cash dividend of $11.24 per share is 14.27%. (rounded to two decimal places).

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True or false: Subsection (d) under section 10 of the Federal Arbitration Act requires the court to review the merits of every construction of a contract.

Answers

It is a  False statment to say that subsection (D) of section 10 of the Federal Arbitration Act mandate that the court review the merits of every construction of a contract. The act speaks to Arbitration.

What does the Federal Arbitration Act of the United States of America say?

Subsection (D) of section 10 of the above stated Act state that the United States Court would vacate an award upon application by any of the party to the arbitration:

Where the arbitrators exceeded their power or so imperfectly executed them that a mutual, final and definite award upon the subject matter submitted was not made.

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The major contribution of the "goldsmith's principle" to modern banking is

Group of answer choices

a. paper money that is fully backed by gold.

b. fractional reserve banking

c. universal standards for the purity and weight of gold coins.

d. neighborhood banking

Answers

The "goldsmith's principle" contributed to modern banking by establishing the concept of fractional reserve banking, enabling banks to expand credit and create money based on the reserves they hold.

The major contribution of the "goldsmith's principle" to modern banking is fractional reserve banking. Under fractional reserve banking, banks are required to hold only a fraction of the total deposits they receive as reserves, while the remaining portion can be lent out as loans or invested.

This system allows banks to create money through the process of lending, as they can expand the money supply beyond the actual reserves held.

The concept of fractional reserve banking originated from the practice of goldsmiths in the past.

Goldsmiths, who held valuable items such as gold and silver, would issue receipts or certificates to depositors as evidence of their deposits. These receipts became an early form of money and could be exchanged in trade.

The goldsmiths realized that only a fraction of depositors would come to withdraw their gold at any given time, leading them to lend out the remaining gold as loans. This practice formed the basis of modern fractional reserve banking.

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Which of the following is TRUE of a discount on bonds payable?

a. A discount on bonds payable is added to bonds payable and shown with long-term liabilities on the balance sheet.

b. A discount on bonds payable is subtracted from bonds payable and shown with the current liabilities on the balance sheet.

c. A discount on bonds payable is added to bonds payable and shown with stockholders' equity on the balance sheet.

d. A discount on bonds payable is subtracted from bonds payable and shown with long-term liabilities on the balance sheet.

Answers

TRUE of a discount on bonds payable is "A discount on bonds payable is subtracted from bonds payable and shown with long-term liabilities on the balance sheet". The correct answer is D.

When bonds are issued at a discount, it means they are sold at a price lower than their face value. The discount represents the difference between the face value and the price at which the bonds are issued. This discount is considered a contra-liability and is subtracted from the bonds payable amount on the balance sheet. It is shown as a reduction in the carrying value of the bonds, which is presented as a long-term liability.

By subtracting the discount from the bonds payable, the net carrying value of the bonds is reflected more accurately on the balance sheet. The correct answer is D.

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Select the correct answer.
What is the minimum educational requirement for a pediatric psychopharmacologist?
A. MD
B. PhD
C. bachelor’s in medicine
D. master’s in medicine
E. PsyD

THE ANSWER IS A(md)

Answers

In my opinion I think the answer is C just to me

Which of the following best describes the reason for trade-off between inflation and unemployment in the short run? • A/ Sticky prices and wages
B. Sticky prices and flexible wages
• C. Flexible prices and sticky wages
• D Flexible prices and wages

Answers

The reason for the trade-off between inflation and unemployment in the short run can be best described as sticky prices and wages.

In the short run, there is often a trade-off between inflation and unemployment due to the presence of sticky prices and wages. Sticky prices refer to the situation where prices of goods and services do not adjust quickly in response to changes in the overall level of inflation. Similarly, sticky wages indicate that wages do not adjust rapidly to changes in economic conditions.

When there is an increase in demand or a positive supply shock, prices and wages tend to be slow to adjust, leading to a situation where the demand for labor exceeds the supply, resulting in lower unemployment but higher inflation. Conversely, when there is a decrease in demand or a negative supply shock, prices and wages are slow to decrease, leading to higher unemployment and lower inflation. This trade-off is known as the Phillips curve and highlights the challenges of simultaneously achieving low inflation and low unemployment in the short run.

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the profit margin ratio is defined as divided by net sales.(enter one word per blank)

Answers

net income

The profit margin ratio is a financial ratio that is used to measure a company's profitability. It is calculated by dividing net income by net sales. Net income is the amount of revenue that remains after all expenses, including taxes and interest, have been deducted. Net sales, on the other hand, refer to the total revenue that a company earns from the sale of its goods or services. The profit margin ratio reflects the portion of each dollar of revenue that is left as profit after all expenses have been paid. A high profit margin ratio is generally considered favorable, as it indicates that the company is earning a higher percentage of profit for each dollar of sales. Conversely, a low profit margin ratio indicates that the company is earning a lower percentage of profit for each dollar of sales, which may suggest that the company is operating inefficiently or facing strong competition

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What is true about the length of a loan’s term?

(1 point

Answers

The length of loan's term refers to the period of time over which the borrower is expected to repay the loan.

What is a loan?

A loan is a sum of money that is borrowed from a lender with the agreement that it will be repaid with interest over a set period of time. Loans are often used to finance large purchases, such as a home, car, or business venture, that an individual or organization cannot afford to pay for upfront. The terms of the loan agreement include the loan amount, interest rate, repayment schedule, and any additional fees or penalties. The lender may require collateral, such as property or assets, to secure the loan in case the borrower is unable to repay it. Loans can be obtained from banks, credit unions, online lenders, or other financial institutions, and the specific terms and requirements vary depending on the lender and the type of loan.

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An increase of one on the richter scale represents ____ increase in the movement of the earth.

Answers

An increase of one on Richter scale represents 10-fold increase in movement of the earth.

What is Richter scale?

Charles Francis Richter created the Richter scale, also known as the Richter magnitude scale, Richter's magnitude scale, and Gutenberg-Richter scale, and first published it in his seminal 1935 work under the name "magnitude scale." Later, the local magnitude scale, abbreviated as ML or ML, was developed and named. Most seismological authorities now publish earthquake magnitudes using other comparable scales, including the moment magnitude scale (Mw), as a result of the original ML scale's numerous flaws; yet, a large portion of the news media continues to refer to them as "Richter" magnitudes. All magnitude scales are adjusted such that their numerical values are substantially equivalent and keep the original's logarithmic nature (typically in the middle of scale).

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Use the fcfs rule. what is the average flow time and average tardiness? job job time (days) due date (days) a 14 20 b 10 16 c 6 14 d 8 18

Answers

To calculate the average flow time and average tardiness using the First-Come-First-Serve (FCFS) rule, we need to follow these steps:



Step 1: Determine the completion time for each job. Start with the first job and add its job time to the previous completion time. For example:
Job A: Completion Time = 0 + 14 = 14 days
Job B: Completion Time = 14 + 10 = 24 days
Job C: Completion Time = 24 + 6 = 30 days
Job D: Completion Time = 30 + 8 = 38 days

Step 2: Calculate the flow time for each job. Flow time is the difference between the completion time and the job's arrival time. For example:
Job A: Flow Time = 14 - 0 = 14 days
Job B: Flow Time = 24 - 0 = 24 days
Job C: Flow Time = 30 - 0 = 30 days
Job D: Flow Time = 38 - 0 = 38 days

Step 3: Calculate the average flow time. Add up the flow times for all jobs and divide by the number of jobs:
Average Flow Time = (14 + 24 + 30 + 38) / 4 = 106 / 4 = 26.5 days

Step 4: Calculate the tardiness for each job. Tardiness is the difference between the completion time and the job's due date, but only if it's positive. For example:
Job A: Tardiness = 14 - 20 = -6 days (not positive, so no tardiness)
Job B: Tardiness = 24 - 16 = 8 days
Job C: Tardiness = 30 - 14 = 16 days
Job D: Tardiness = 38 - 18 = 20 days

Step 5: Calculate the average tardiness. Add up the tardiness values for all jobs with positive tardiness and divide by the number of jobs with positive tardiness:
Average Tardiness = (8 + 16 + 20) / 3 = 44 / 3 ≈ 14.67 days

In conclusion, the average flow time is approximately 26.5 days, and the average tardiness is approximately 14.67 days.

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The average flow time is the total time taken by all jobs to complete divided by the number of jobs, which is 9.5 days in this case. The average tardiness is the total tardiness of all jobs divided by the number of jobs, which is 1.5 days in this case.


To calculate the average flow time, we need to find the total time taken by all jobs to complete. Using the FCFS (First-Come, First-Served) rule, we can determine the order in which the jobs are processed. In this case, the order is: c, b, d, a. We can then calculate the flow time for each job by subtracting the job's start time from its completion time. The flow times are: c = 6 - 0 = 6 days, b = 16 - 0 = 16 days, d = 24 - 0 = 24 days, a = 38 - 0 = 38 days. The average flow time is (6 + 16 + 24 + 38) / 4 = 84 / 4 = 21 days.

To calculate the average tardiness, we need to find the total tardiness of all jobs. Tardiness is the amount of time a job is late, calculated by subtracting the job's due date from its completion time. The tardiness for each job is: c = 6 - 14 = -8 days (not late), b = 16 - 16 = 0 days (on time), d = 24 - 18 = 6 days (late), a = 38 - 20 = 18 days (late). The total tardiness is -8 + 0 + 6 + 18 = 16 days. The average tardiness is 16 / 4 = 4 days.

The flow time for each job is calculated by subtracting the job's start time from its completion time. For job c, the start time is 0 days and the completion time is 6 days, so the flow time is 6 - 0 = 6 days. For job b, the start time is 6 days (the completion time of job c) and the completion time is 16 days, so the flow time is 16 - 6 = 10 days. For job d, the start time is 16 days (the completion time of job b) and the completion time is 24 days, so the flow time is 24 - 16 = 8 days. For job a, the start time is 24 days (the completion time of job d) and the completion time is 38 days, so the flow time is 38 - 24 = 14 days. The average flow time is then calculated by summing up the flow times of all jobs and dividing by the number of jobs. In this case, the average flow time is (6 + 10 + 8 + 14) / 4 = 38 / 4 = 9.5 days.

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What is the name for the process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to target audiences?

Answers

Answer:

Integrated Marketing Communication

Explanation:

As the name implies, the concept of integrated marketing communication is aimed at leveraging the power that comes with the synergy between different marketing and communication tools and services such as consistent and repetitive advert placement, sales and promotional offers, coordinated and friendly marketing campaigns, and son on, all these carefully and strategically tailored towards the gradual and steady capture of a specific target audience over a certain period of time. These integrated marketing strategy or procedure is aimed towards such audience so that it would cover all aspects of the consumers wants in other to ultimately impact their deciak making and adoption of the product or services.

What are B2C and B2B sales?

Answers

B2C stands for business to consumer. This would be the sales you’d make to a consumer. B2B stands for business to business. This is the sales you’d make with another business.

B2C and B2B sales refers to business-to-consumer and business-to-business sales respectively.

What is business-to-consumer sales?

Business-to-consumer (B2C) companies having consumers as their end-users increasingly came to be known by this phrase when it gained popularity in the 1990s.

This contrasts with business-to-business (B2B) firms, or those whose main customers are other businesses. B2C businesses conduct their business online and offer goods to clients. Several B2C corporations include Amazon.

B2C, or business-to-consumer, is a retail model where things are delivered directly to the customer who has made a personal purchase of the goods or service.

Business-to-business sales are referred to as B2B sales. It describes enterprises or salespeople who engage in direct business-to-business (B2B) sales of goods and services.

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influences of Business environment,​

Answers

Factors that Influence the business environment are :

Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment

The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.

Importance of business environment:

Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.

The economic environment is all the things that create an economic impact on the firm.

The social environment is all the traditions and customs of the society that creates an impact on the firm.

The technological environment is all the impact on the firm caused due to new technology and upgradations.

The political environment is the conditions and behavior that the elected representatives hold toward the business

The legal environment is entirely based on the rules and legislation of the authorities.

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Lower price for substitute products/services will
A. Increase Demand
B. Supply/Demand Equilibrium
C. Decrease Demand

Answers

I’m pretty sure the answer is A

4. Many jurisdictions/organizations configure their EOCs using the standard _______ organizational structure

Answers

According to the research studies, many jurisdictions/organizations configure their EOCs using the standard Incident Command System (ICS) organizational structure.

The Incident Command System (ICS) is the process or the system which the firms employ to ensure that their Emergency Operations Centers function well and effectively.

The Incident Command System (ICS) is categorized into five major components, which include the following:

Command, Operations, Planning, Logistics, Finance/Administration.

Hence, in this case, it is concluded that the correct answer is "Incident Command System (ICS)."

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Choose all items that represent characteristics of a resume:

is a summary career portfolio data

is the same thing as a career portfolio

is not used for a job application

is typically organized by jobs or skills

is ideally one or two pages in length

Answers

It should be b I believe

Answer:

is a summary career portfolio data

is typically organized by jobs or skills

is ideally one or two pages in length

is the same thing as a career portfolio

Explanation:

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The annual inflation rate is expected to be 5 percent over the next 3 years. Juan plans to take out a 3-year loan to purchase a car. If Juan decides not to take out a loan if the real interest rate exceeds 3 percent, the highest nominal interest rate he is willing to pay is:

Answers

The highest nominal interest rate he is willing to pay is 8.15%.

The highest nominal interest rate that Juan is willing to pay can be determined using the Fisher equation. The Fisher equation postulates that the nominal interest rate is a function of the real interest rate and the inflation rate.

Fisher effect equation : ( 1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)

(1.03) x (1.05) = ( 1 + nominal interest rate)

( 1 + nominal interest rate) = 1.0815

Nominal interest rate = 1.0815 - 1

Nominal interest rate = 8.15%

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the broadest indication of economy-wide inflation is captured by the

Answers

The broadest indication of economy-wide inflation is captured by the Consumer Price Index (CPI), which measures the changes in the prices of a basket of goods and services consumed by households. This index is used as a benchmark for policymakers to gauge the overall inflationary pressures in the economy.

Other indicators, such as the Producer Price Index (PPI), measure the changes in prices at the wholesale level, but the CPI provides a more comprehensive measure of the inflationary trends affecting consumers.

The Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services used by households, is the most well-known indicator of inflation.In most cases, an increase in the demand for goods and services or an increase in production costs are the causes of inflation.

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jim has $1,000 of salary and $100 of dividend income this month. this month he also has rent and utilities of $300 and he spent $200 on groceries and $100 on clothing. what is jim's net cash flow this month?

Answers

Jim's net cash flow this month is $500.

What is cash flow?

Cash flow (CF) is the change in the amount of money that a company, institution, or person has. The phrase is used in finance to refer to the volume of money (currency) produced or spent over a specific period of time. There are numerous types of CF, and they have numerous significant applications in conducting financial analysis and managing businesses. All of them will be thoroughly covered in this guide.

Both running a business and performing financial analysis involve a lot of cash flow. In fact, it ranks among the most significant metrics in all of accounting and finance.

Cash inflow = 1000+100

= $1100

Cash outflow= 300 +200+100

= $600

Net cash flow = 1100 -600

= $500

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futures contracts in which gains (losses) are earned (paid) in cash at the end of each trading day are called _____.

Answers

Futures contracts in which gains (losses) are earned (paid) in cash at the end of each trading day are called daily settled futures contracts.

What are future contracts?

Futures contracts typically have settlement dates specified in the contract, which determine when the final settlement and exchange of the underlying asset or cash occur.

However, it's worth noting that some futures contracts may settle on a daily basis in certain markets or exchanges. For example, in certain commodities futures markets, such as oil or natural gas, contracts may be settled on a daily basis, where the gains or losses are settled in cash at the end of each trading day. This process is known as "daily cash settlement." It ensures that market participants reflect their daily profits or losses in their accounts without having to wait until the contract's expiration.

So while there isn't a specific term called "daily settled futures contracts," the concept of daily cash settlement is relevant in some specific futures markets.

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Which of the following errors will not affect the equality of the debit and credit columns of the trial balance? (A) A debit entry was recorded in a wrong debit account. B) The debit balance of a transaction has a different balance with its related credit. C The account balance was carried to the wrong column of the trial balance. (D) A debit was entered in an account as a credit.

Answers

In option (B), if a transaction's debit and credit balances do not match, it will also result in an imbalance. In option (D), if a debit is entered as a credit, it will result in a decrease in debits and an increase in recognition, leading to an imbalance.

Out of the given options, the error that will not affect the equality of the debit and credit columns of the trial balance is an option (C) where the account balance was carried to the wrong column of the trial balance.

This error affects only the individual account balance and does not affect the total debits and credits in the trial balance. However, the other options (A, B, and D) will affect the equality of the debit and credit columns of the trial balance as they result in an imbalance of total debits and credits.

In option (A), if a debit entry is recorded in a wrong debit account, it will result in one account being debited and another account being credited, leading to an imbalance. In option (B), if a transaction's debit and credit balances do not match, it will also result in an imbalance. In option (D), if a debit is entered as a credit, it will result in a decrease in debits and an increase in recognition, leading to an imbalance.

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Who did the Lakers beat today?

Answers

Answer:

nobody cuz they suc

Explanation:

Answer:

THE LAKERS BEAT TRUMP BECAUSE TRUMP IS A LOSER

Explanation:

An investor has ​$ to invest in a cd and a mutual fund. The cd yields ​% and the mutual fund yields ​%. The mutual fund requires a minimum investment of ​$​, and the investor requires that at least twice as much should be invested in cds as in the mutual fund. How much should be invested in cds and how much in the mutual fund to maximize the​ return? what is the maximum​ return?.

Answers

The amount of $25,000 will be invested in the mutual funds while the amount of $50,000 will be invested in the CDs.

What represents the Two Investment?

Let X represent the amount in Mutual Funds and Y represent the amount in CDs.

The constraints includes:

Y = 2x; x>9000; Y = 75000 - x

Now, there need to be at least 2x + x = 75000; 3x = 75000; x = 25000

Now, given that x equals $25,000, then, the mutual funds equals $25,000 while the Y equals $50,000 for CDs ($75,000 - $25,000).

Therefore, the amount of $25,000 will be invested in the mutual funds while the amount of $50,000 will be invested in the CDs.

Complete question "An investor has 75,000$ to invest in CD and mutual funds. The CD yields 7% and mutual funds 5%. the mutual fund requires a minimum investment of $9000 and the investor requires that at least twice as much should be invested in CDs as mutual funds. How much should be invested in Cds? How much in mutual funds? what is the maximum return?"

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What modification options are available in Design view of a report? Check all that apply.
align fields
o change text color
change the header title
create a query from scratch
o rename the underlying table
change the background color

Answers

Answer:

A,B,C,F

Explanation:

Modification options are available in Design view of a report are -

a. Align fields

b. Change text color

c. Change the header title

e. Rename the underlying table

f. Change the background color

What is modification?

Modification is the action of modifying something.

What is a design?

Design is a plan or drawing produced to show the look and function or workings of a building, garment, or other object before it is made.

What is a report?

A report is a document that presents information in an organized format for a specific audience and purpose.

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Which of the following is NOT true about technology?
O It can improve productivity.
OIt can create new markets.
O It's always good for everyone.
It can reduce costs.

Answers

Answer:

it's always good for everyone

Explanation:

some people might get bullied online or get texts from creeps

To fulfill its philanthropic objective of raising the standard of living for impoverished cacao farmers in Congo, Theo needs customers to know and care about its social objectives. This can be accomplished through a. Corporate philanthropy. B. Cause branding. Cmunity partnerships. D. Volunteer programs

Answers

The best option to fulfill Theo's philanthropic objective of raising the standard of living for impoverished cacao farmers in Congo would be through B. cause branding.

Cause branding involves incorporating social objectives and values into a company's brand image and marketing strategy. By promoting their social objective of supporting impoverished cacao farmers in Congo, Theo can raise awareness and interest in their cause among their customers, which can ultimately lead to increased sales and donations.

Corporate philanthropy, community partnerships, and volunteer programs can also be effective in supporting social objectives, but they may not have the same impact on raising awareness and generating customer interest as cause branding.

Therefore, the correct option is b.

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Byron Books Inc. recently reported $9 million of net income. Its EBIT was $16.1 million, and its tax rate was 25%. What was its interest expense

Answers

To find the interest expense of Byron Books Inc., we can start with the formula for calculating net income:

Net Income = EBIT - Interest Expense * (1 - Tax Rate)

Rearranging the formula, we can solve for interest expense:

Interest Expense = (EBIT - Net Income) / (1 - Tax Rate)

Given that Byron Books Inc. reported a net income of $9 million, EBIT of $16.1 million, and a tax rate of 25% (or 0.25), we can substitute these values into the formula:

Interest Expense = (16.1 million - 9 million) / (1 - 0.25)

Interest Expense = 7.1 million / 0.75

Interest Expense = $9.4667 million or approximately $9.47 million

Therefore, the interest expense of Byron Books Inc. is approximately $9.47 million.

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Final answer:

The interest expense of Byron Books Inc. is $7.1 million.

Explanation:

Interest expense is a financial cost that a company or individual incurs when borrowing money. It's typically associated with loans, bonds, or credit lines. This expense represents the amount paid to the lender as compensation for the use of their funds. For businesses, it's a deductible expense, reducing taxable income. Monitoring and managing interest expense is crucial for financial health, as excessive interest payments can strain cash flow and negatively impact profitability. Byron Books Inc. recently reported $9 million in net income. Thus,

To find the interest expense, we can use the formula:

Interest Expense = EBIT - Net Income

Substituting the given values:

Interest Expense = $16.1 million - $9 million

= $7.1 million

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