Suppose that on your 21st birthday you are given a $1,000,000 trust fund. what interest rate must you earn to ensure that if you withdraw $20,000 per year there is money in the account forever?

Answers

Answer 1

The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principle, or the lent amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR (APR).

The right response is 5%.

According to The Question,

The provided data are listed below in accordance with the scenario:

$1,000,000 yearly withdrawal$50,000 withdrawn annually

Consequently, we can get the interest rate using the formula below:

Interest rate equals the annual withdrawal rate.

The calculation yields Interest Rate = $50,000 divided by $1,000,000, or 0.05 percent, or 5%.

So, 5% should be the interest rate.

To Learn more about Interest Rate, Click the links.

https://brainly.com/question/13324776

https://brainly.com/question/14445709

#SPJ4


Related Questions

a is an organizational strength or ability, developed over a long period, that customers find valuable and competitors find difficult or even impossible to copy.

Answers

core competency is an organizational strength or ability, developed over a long period, that customers find valuable and competitors find difficult or even impossible to copy.

What is the meaning of core competency?

 For any organization, its core competency refers to the capabilities, information, aptitudes and assets that constitute its "characterizing quality." A company's core competency is particular, and thus not effectively duplicated by other organizations, whether they're existing competitors or unused participants in its showcase.

Core competencies are the assets and capabilities that include the key points of interest of a business. A modern administration theory argues that a business must characterize, develop, and abuse its core competencies in arrange to succeed against the competition.

To learn more about core competency, visit;

https://brainly.com/question/14438508

#SPJ4

You are thinking about buying a bond that offers an annual coupon rate of 6%, with exactly 8 years remaining to maturity. The face value of the bond is $1,000. Your required return is 5% per year. How much should you be willing to pay for this bond?.

Answers

The annual income an investor might anticipate while owning a specific bond is known as the coupon rate.

The calculation is done by dividing the total of the annual coupon payments by the par value, and it is established at the time the bond is issued. A bond's yield to maturity and coupon rate are equal at the time of purchase.

1064.6321

How do I determine the yield to maturity?

Yield to Maturity is calculated as [Annual Interest + (FV-Price)/Maturity]. (FV + Price)/2

Annual Interest is equal to the bond's yearly interest payment.

FV is the bond's face value.

Price = The Bond's Current Market Price.

Maturity equals Time to Maturity, or the number of years before the bond's maturity.

Will I Still Get $100/Year if I Buy a Bond for $1,000 with a 10% Coupon, No Matter What the Yield Is?

The beauty of a fixed-income asset is that, providing the bond or debt instrument is held until maturity, the investor can anticipate receiving a particular amount of cash (and its issuer does not default). The majority of bonds pay interest semi-annually, which results in two payments each year for bondholders.

The majority of bonds pay interest semi-annually, which results in two payments each year for bondholders. As a result, over the next ten years, you would collect $50 (5% x $1,000) twice a year on a bond with a $1,000 face value and a 10% semi-annual coupon. Bonds pay out simple interest (i.e., without compounding), therefore the holder of such a bond could anticipate receiving $1,000 in interest in total as well as the return of the bond's original $1,000 principle when it matures.

To learn more about maturity from the given link.

https://brainly.com/question/28039417

#SPJ4

Paloma’s firm is beginning operations in a foreign host country that requires at least 5% of managerial roles to be filled by workers from the host country. When paloma hires 50% of managers from the host country, she is fulfilling the "make a profit" practice of corporate social responsibility. True or false?.

Answers

Paloma’s firm is beginning operations in a foreign host country that requires at least 5% of managerial roles to be filled by workers from the host country. When Paloma hires 50% of managers from the host country, she is fulfilling the "make a profit" practice of corporate social responsibility is a true statement.

What is corporate social responsibility?

Corporate social responsibility is also called as CSR. It is the concept where a a business has the responsibility to do right and good.

Corporate social responsibility means that a company should engage in self-regulating its actions and also be socially accountable to all of its stakeholders and customers.

Embracing Corporate social responsibility will increase customer  loyalty and retention and also improves employee engagement, brand imaging.

It will also attract top talent and investment opportunities which can create a difference for all the bottom-line financials.

To learn more about corporate social responsibility, refer

brainly.com/question/14624782

#SPJ4

course hero what is the economic system where peasant residents of a manor provide labor and goods for their lord in return for protection? group of answer choices manorialism vassalage monasticism feudalism

Answers

Also called Manorialism, manorialism, seignorial or feudal order, the political, economic, and social system by which medieval European peasants became dependent on their lands and lords.

Feudalism and mannerism were the dominant land systems in most of medieval Europe. Manorialism. An economic system based on manors and estates, including villages and surrounding crops, controlled by a lord. It developed in the Middle Ages to increase agricultural production. Serf.

The main difference between feudalism and mannerism is that feudalism describes the relationship between kings and lords whereas mannerism describes the relationship between landlord nobility and peasants.

Learn more about Manorialism here:-https://brainly.com/question/1268279

#SPJ4

The stockholders of a business received a $1000 dividend. How would this affect the total equity of the business?.

Answers

Assets would be decreased and total equity would decrease as well.

What is total equity and assests ?

Entire assets minus total liabilities equals equity. A company's balance sheet will contain all of these numbers. Equity for a homeowner would be the home's value less any remaining mortgage debt or liens.

Total equity is the value that remains in the business after total liabilities are subtracted from total assets. Equilibrium is calculated as Equity = Assets - Liabilities.

Equity is anything that the company's owner invests in the business, which is the main distinction between equity and assets. The asset, on the other hand, is everything that the business holds that will provide it financial advantages in the future.

Learn more about Total equity and assests here:

https://brainly.com/question/27821130

#SPJ4

Where did people have to work with great organization to be successful at farming?

Answers

Answer: Yellow River basin

what will happen to the demand for cereal if the price of milk decreases? question 8 options: the demand for cereal will decrease the demand for cereal will stay the same the demand for cereal will increase the demand for cereal will be indeterminate

Answers

The demand for cereal will decrease as the price of milk decreases as breakfast cereals and milk are consumed together at the same time.

What causes the demand curve to shift?

Changes in tastes, population, income, pricing of substitute or complement items, and expectations of future circumstances and prices are all factors that can affect the demand curve for goods and services, causing a different quantity to be demanded at any given price.

What happens when the demand curve shifts to the left?

A movement to the left in the demand curve implies a decline in demand as consumers buy fewer things at the same price. If no one buys the candy bar, the merchant reduces the price to $4. According to the normal demand curve, this price reduction should be enough to sell a candy bar.

To know more about population :

https://brainly.com/question/27779235

#SPJ4

a creative person working within a corporation to launch new products and generate new profits is known as a(n) multiple choice macropreneur. arbitrator. micropreneur. intrapreneur.

Answers

Answer: intrapreneur.

Explanation: I took the course

Selling on account can result in a(n) ________ when customers do not pay.
a. asset
b. benefit
c. liability
d. cost

Answers

Selling on account can result in a(n) liability when customers do not pay.

Selling on account

A selling on account is revenue generated by a business when it sells items and allows the buyer to pay later. This is also known as a sale on account. Normally, this signifies that the company selling the items transfers ownership of its goods to the buyer and receives a current asset known as accounts receivable in exchange. The seller becomes one of the buyer's unsecured creditors as a result of this. This means that the seller faces the danger of incurring bad debts if the buyer fails to pay the full amount owed to the seller.

When products or services are provided to a consumer with the option to pay later, this is known as selling on credit, and it creates a liability for the customer to pay the seller. In turn, this creates an asset for the seller known as accounts receivable.

Therefore, the correct option is (C)

To learn more about Selling on account

https://brainly.com/question/24113579

#SPJ1

What is a budget?
Study question 3 on edg

Answers

Budget can be defined as having a  financial plan that is based on income and expenditure.

What is budget?

Budget can be defined as the way in which a person has a financial plan or spending plan on how to spend their money .

Having a budget is important it can help you to plan ahead or to forecast how to spend which is why must companies or organization tend to make use of budget when planning their income and expenses.

Therefore Budget can be defined as having a  financial plan that is based on income and expenditure.

Learn more about budget here:https://brainly.com/question/6663636

#SPJ1

based on this​ information, affirm​ considered a financial intermediary because it is​ . a. should​ be; charging an interest rate lower than the interest rate charged on credit cards b. should not​ be; not taking in deposits itself to fund its lending program c. should not​ be; not a commercial bank d. should​ be; connecting borrowers with available external funds

Answers

Affirm is considered a financial intermediary because it should not be not taking in deposits itself to fund its lending program.

Affirm is one of the leading companies in offering consumers buys now, pay later POS installment loans. Affirm's mission is to enable consumers to buy what they want without incurring unmanageable debt. Unlike other BNPL companies, Affirm offers a choice of payment options.

Affirm is a publicly traded financial technology company headquartered in San Francisco, USA. Founded in 2012, the company acts as a financial institution for installment loans that consumers can use to finance their purchases at the point of sale. Affirm Holdings, Inc. Affirm is one of the popular buys now, pay later options. Affirm allows customers to pay off loans in terms of typically three months to one year for him and is integrated with his websites for many retailers including Target, Walmart, Peloton, Neiman Marcus, and Nike.

Learn more about finance here:-https://brainly.com/question/26499492

#SPJ4

Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer

Answers

The correct sequence of the events from start to finish is:

-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customer

What is the sequence of ordering food in a restaurant?

The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.

The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.

Find out more on sequence of events at https://brainly.com/question/24613604

#SPJ1

Success at delivering customer value rests on how well a company's entire supply chain performs against competitors' supply chains. true false

Answers

Success at delivering customer value rests on how well a company's entire supply chain performs against competitors' supply chains. The given statement is true.

What is Customer Value?

The notion of what a product or service is worth to a consumer in comparison to potential alternatives is known as customer value. Value refers to whether the client feels they received more value than what was charged.

There may be two components to customer value, according to another definition. Both desired value and perceived value are included in these two factors. What the consumer wants to get out of a product or service is referred to as desired customer value. The benefit that a buyer perceives they actually obtained after purchasing a good or service is known as perceived value.

Consumers frequently evaluate the perceived worth of comparable goods and services when making selections about which ones to purchase.

Then, out of all the options on the market, they choose the ones with the highest client lifetime value. No two consumers will assign the same value to the same good or service because everyone has a different set of requirements, wants, and resources.

The highest consumer value does not always equate to the highest quality goods or services. Consumers weigh the advantages against the price being supplied. While some people are prepared to pay more for high-quality products, others could believe that the cost is not justified given the same benefits.

For more information on Customer Value, refer to the given link:

https://brainly.com/question/13735743

#SPJ4

When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her ________ set.

Answers

When Ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her evoked set.

We can simply describe an evoked set as the brands that we rely on for a specific product. Whenever there is a need to purchase a specific product, we think of this evoked set either because we trust these brands or they are trusted by maximum consumers in the market.

An evoked set of brands can contain brands from which a product was bought from us before or it might be that we are relying on these brands because other consumers trust it.

When thinking of Ilana, three brands came to her mind which shows that these three brands are the evoked set for Ilana when buying pocketbooks.

To learn more about evoked sets, click here:

https://brainly.com/question/8201237

#SPJ4

Which of the following keys should pressed to turn on the command which capitalizes letters?

Answers

The shift key should be pressed to turn on the command which capitalizes letters.

On computer keyboards, instead of typewriter keyboards, the shift key can have many extra uses: it's miles on occasion used to alter the function keys. Contemporary Microsoft windows keyboards typically have simplest 12 function keys; Shift+F1 must be used to type F13, Shift+F2 for F14, and so forth.

Pressing the 'shift' key permits you to kind capital letters and the symbols on the top of the keys. The 'shift' keys are on the left and proper of the keyboard, with the arrow pointing upwards. For capital letters, hold down the 'shift' key and keep and kind the letter.

Exact organization to paintings for in case you want flexibility in making your very own schedule. There is additionally lots of facilities to pick out from to paintings at

Learn more about shift key here:https://brainly.com/question/14298787
#SPJ9

over the past two years, blue hamster manufacturing inc. has relied more on the use of short-term debt than on long-term debt financing. this statement is false , because: blue hamster’s total notes payable increased by $137 million, while its common stock account increased by $4,265 million blue hamster’s total current liabilities decreased by $547 million, while its long-term debt account decreased by $1,640 million blue hamster’s total current liabilities increased by $547 million, while its use of long-term debt increased by $1,640 million

Answers

Over the past two years, Blue Hamster Manufacturing Inc. Relying on short-term debt rather than long-term debt: False.

A: This statement is inaccurate because the total short-term debt of 4,444 blue hamsters increased by $312 million, while the use of long-term debt increased by $938 million.

Manufacturing is the production of products by hand or by machine and then sold by businesses to customers. Items used in crafting may be raw materials or components of larger products. Production is usually carried out on large production lines using machines and skilled workers. There are three types of production processes. MTS(Make to Stock), MTO(Make to Order), MTA(Make to Order).

The main goal of the production process is to produce as many products as possible inexpensively. Manufacturers can only achieve this goal by relying on heavily automated heavy equipment.

Learn more about Manufacturing here: https://brainly.com/question/26320301

#SPJ4

mountaineer excavation operates in a low-lying area that is subject to heavy rains and flooding. because of this, mountaineer purchases one year of flood insurance in advance on march 1, paying $24,000 ($2,000/month).required:1.

Answers

The prepaid insurance is $24,600.

The insurance cost is $20,500.

What is the prepaid insurance and insurance cost of the mountaineer?

These are the journal entries:

1. Prepaid insurance A/C Dr. $24,600 as of March 1

To deposit $24,600 into the account (To record the purchase of insurance in advance)

2. Insurance cost A/c Dr. $20,500 on December 31.

$20,500 for insurance that was prepaid (To record the insurance expense)

Workings:

Cost of insurance: $2,050 multiplied by 10 months (from March 1 to December 31) is $20,500.

To learn more about prepaid insurance, refer

https://brainly.com/question/24205581

#SPJ4

a year ago parker reached his retirement and left the business to pursue other interests. he is now spending lots of time playing golf and visiting his grandchildren. for purposes of employment he is considered:

Answers

Parker retired a year ago and left the company to pursue other interests. He is currently seeing his grandchildren and playing golf a lot. He is regarded as follows for employment purposes: Out of the labor force.

A retired individual is seen as no longer being employed.

How to Spend Your Retirement

The retirement years are up to you. It could be a comfort to realize that there are many possibilities available if you're sitting and considering what to do when you're bored and retired. For information on what to do in retirement, see the sites listed below.

What Are a Few of the First Actions You Should Take After Retiring?

It's crucial to keep in mind that people frequently experience a sense of loss in the initial days and weeks after retiring. It's upsetting to abruptly cease doing something after working for years. However, one of the best things about retirement is that you can now do all the things you've wanted to accomplish but haven't had time for. We have some suggestions on things to do when you first retire below:

Move to a New Location:

Have you ever desired a rural lifestyle? or in a large city? Maybe your employment required you to remain in a specific location, but now that those requirements are gone, feel free to relocate wherever! Decide where you want to spend your retirement right now.

Explore the World: One of the most popular retirement aspirations is to travel the globe. There's a good chance that you've always wanted to go somewhere. So go ahead and do it now!

Obtain a Satisfying Part-Time Job:

It's possible to find a fulfilling part-time job if you miss the regularity of working. You may consider working as a greeter in a to this and choose the most effective way to make ends meet.

Everyone wishes they could exercise more frequently. You now have the opportunity to accomplish it. You have two options: enrol in classes or try creating your own at-home training regimen. In either case, it's strongly advised to start an exercise regimen as soon as you retire. shop or a museum, for example.

Allocate Time for Yourself to Get Used to a Fixed Income:

Living on a fixed income in retirement is a significant adjustment. You must allow yourself enough time to acclimate.

Learn more about Retirement https://brainly.com/question/20751552

#SPJ4

Social​ ________ is characterized by an individual or organization who seeks out opportunities to improve society by using​ practical, innovative, and sustainable approaches.

Answers

A person or group exhibiting social entrepreneurship looks for ways to advance society by employing realistic, creative, and long-lasting strategies.

More about social entrepreneurship:

The process by which individuals, businesses, and entrepreneurs create and finance solutions that directly address social challenges is known as social entrepreneurship. Therefore, a social entrepreneur is someone who looks into business prospects that benefit their neighbourhood, society, or the entire planet.

The context wherein social entrepreneurship and social ventures function has come under increasing scrutiny from researchers in recent years. This will assist them in developing better strategy and achieving overall double bottom line goal.

Learn more about social entrepreneurship here:

https://brainly.com/question/21274333

#SPJ4

the result of positive externalities is that the market produces too units of a product that could benefit society, resulting in producers resources to that product.

Answers

The result of positive externalities is that the market produces too Few units of a product that could benefit society, resulting in producers underallocating resources to that product.

What is underallocating resources?

When resources are under-allocated, it means that there are more available than are required to finish the task at hand. Lower levels of productivity and potential are the results of this. When resources are overworked, over-allocation takes care of the situation. When a resource is given more work to complete in a given period of time than their actual capacity, this is referred to as being overloaded. A matrix organisation with numerous reporting lines and varying priorities faces the challenge of overallocation.

The distribution of resources among competing alternatives in order to reduce total costs or increase total return is referred to as an allocation problem.

To learn more about underallocating resources visit:

https://brainly.com/question/13311250

#SPJ4

a target market is a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group, resulting in mutually satisfying exchanges

Answers

A target market is a collection of individuals or organizations for whom a company creates, develops, and maintains a marketing strategy to match their demands, resulting in mutually beneficial exchanges.

What exactly is meant by the target market?

A target audience is a group of prospective clients to whom you intend to sell goods or services. Each group is subdivided into smaller sections. Age, geography, income, and lifestyle are commonly used to categorize segments.

What is the significance of a target market?

Defining a target market helps advertisers should focus on those who are most likely to buy the goods. By reducing the population, research as well as resources are focused on the clients with the most profit potential.

Who and why will constitute your target market?

Your target audience is the exact set of consumers who are most likely to really want your product or service, therefore they are the ones who should see your advertising efforts. Age, gender, wealth, location, interests, and a variety of other criteria can all influence the target audience.

To know more about target audience visit:

https://brainly.com/question/8321117

#SPJ4

I understand that the question you are looking for is:

___________a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the need of that group, resulting in mutually satisfying exchanges

a company declared a cash dividend on its common stock on december 15, year 1, payable on january 12, year 2. how would this dividend affect stockholders' equity on the following dates?

Answers

The dividend affect stockholders' equity for dates are :

December 15, Yr 1: Decrease.

December 31, Yr 1: No Effect.

January 12, Yr 2: No Effect.

Briefing :

When cash dividends are issued, the shareholders incur a responsibility since the dividends must be paid after they are declared. Retained profits must be debited at the declaration date, resulting in a drop in retained earnings. Because obligations are grown without commensurate increases in assets, the impact is a loss in total equity (assets - liabilities).

There is no entry at the balance sheet date, and there is no effect on equity. When the cash dividends are paid, the dividends payable account is debited and the cash account is credited. As a result, equity is unaffected at the payment date.

To know more about equity :

https://brainly.com/question/13278063

#SPJ4

At year-end, a trial balance showed total credits exceeding total debits by $5,000. this difference could have been caused by?

Answers

If at year-end, the trial balance shows total credits exceeding total debits by $5,000, the difference could have been caused by b) The balance of $5,800 in the Office Equipment account being entered on the trial balance as a debit of $800.

What leads to an uneven trial balance?

An uneven trial balance can result most likely from balances on either the credit or debit sides being overstated or understated.

If the total credits exceed the total debits, then it means that there was a debit entry that was either understated, or a credit entry was overstated.

In this case, the debit was understated because the office equipment was not recorded at its proper amount and there was a difference of $5,000.

Options for this question include:

a) An error in the general journal where a $5,000 increase in Accounts Receivable was recorded as an increase in Cash.b) The balance of $5,800 in the Office Equipment account being entered on the trial balance as a debit of $800.c) The balance of $52,000 in Accounts Payable being entered in the trial balance as $5,000d) An error in the general journal where a $5,000 increase in Accounts Payable was recorded as a decrease in Accounts Payable.e) A net income of $5,000

Find out more on an unbalanced trial balance at https://brainly.com/question/25671660

#SPJ1

Boo escaping from monster inc would create bad publicity for the company how would that impact the business?

Answers

In the case of Boo escaping from monster inc would create bad publicity for the company  which can paint the company bad in the outside world.

What is publicity ?

In marketing, publicity  can be described as the public visibility that is been carried out so as to be able to promote the brand of the company to attract more customer which will bring more profit to the company at the end of the day.

In conclusion, bad publicity is bad for the company because this can give the potential customer the bad or negative review about the company,  which is bad for their reputation.

Learn more about company at:

https://brainly.com/question/23070995

#SPJ1

Social security tax that is 6.2% of her gross pay medicare tax that is 1.45% of her gross pay state tax that is 21% of her federal tax determine how marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4. a. her net pay will increase by $15.00. b. her net pay will decrease by $15.00. c. her net pay will increase by $18.15. d. her net pay will decrease by $18.15. please select the best answer from the choices provided a b c d

Answers

Social security tax that is 6.2% of her gross pay. Medicare tax that is 1.45% of her gross pay state tax that is 21% of her federal tax. Net pay will be affected if she increases her federal withholding allowances from 3 to 4 as her net pay will decrease by $18.15

Hence, option d is correct.

What do you mean by tax?

Taxes are compulsory contributions collected from individuals or corporations by a governmental entity - whether local, regional or national. Tax revenue funds government activities, including public works and services such as roads and schools, or programs such as Social Security and Medicare.In economics, taxes fall on whoever pays the tax burden, whether that is the entity being taxed, such as a business, or the ultimate consumers of the business's goods. From an accounting standpoint, there are various taxes to consider, including payroll taxes, federal and state income taxes, and sales taxes.

To learn more about tax, refer to:

brainly.com/question/16423331

#SPJ4

Strategic positioning attempts to achieve sustainable competitive advantage by ______. multiple choice question.

Answers

Strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company. Option A

This is further explained below.

What is Strategic positioning?

Generally,  The decisions that a business takes about the kind of value it will provide and the manner in which it will create that value in a manner that is distinct from that of its competitors are reflected in its strategic positioning.

Coca-goal Cola is not to compete with Pepsi's Gatorade for the target consumers, but rather to promote Powerade as a low-cost alternative to Pepsi's Gatorade in the sports drink business.

This will allow Coca-Cola to reach more of its target market. Customers that purchase Gatorade do so because they are willing to spend a higher price for a premium-grade sports beverage.

In conclusion, Maintaining what makes a firm unique is one of the primary tenets of strategic positioning, which aims to build lasting competitive advantage.

Read more about competitive advantage.

https://brainly.com/question/15095207

#SPJ1

CQ

Strategic positioning attempts to achieve sustainable competitive advantage by:

A. preserving what is distinctive about a company

B. changing key aspects of a company's identity

C. performing similar activities as those of rivals and in similar ways

Scranton paper company generates $. 97 in sales for every $1 invested in total assets. Which one of the following ratios would reflect this relationship?

Answers

Of the following ratios reflecting this relationship is Total asset turnover.

The total asset turnover ratio is a mathematical function that calculates how efficiently a company converts assets into revenue. The formula was first used in the 1920s as part of Dupont's corporate analysis and has been the industry standard ever since.

For example, an asset turnover ratio of 0.50 indicates that the company is able to convert each asset's value into 50 cents of revenue. A higher asset turnover ratio is usually considered better, as it indicates that the company can more efficiently generate profits based on available inventory.

The asset turnover ratio is effective for comparing businesses in the same sector but is meaningless when comparing businesses operating in different industries. Companies and small retail stores often have higher asset turnover ratios because they typically generate a large number of sales compared to the cost of their assets. Retail stores sell merchandise at prices that are usually much less than they pay for inventory, so the ratio is high. Utility and real estate companies often have lower asset turnover ratios because of their lower sales margins.

You can learn more about total asset turnover ratio here brainly.com/question/14769916

#SPJ4

If the government imposes an effective price ceiling in a market, what will be the result?.

Answers

If the government imposes an effective price ceiling in a market, the result will be excess demand or shortages .

What is meant by price ceiling?

The term price ceiling has to do with the maximum amount that is in the market that a person would be able to charge for the product that they are selling and the services they are rendering to others. This is usually set by the government of a particular economy.

Hence we can say that If the government imposes an effective price ceiling in a market, the result will be excess demand or shortages .

Read  more on price ceiling here: https://brainly.com/question/1448982

#SPJ1

an owner of a company withdrew $1,000 of his original cash investment. this transaction would (debit/credit) the cash account, and (debit/credit) the drawing account.

Answers

A business owner took $1,000 of his initial financial investment out. The cash account would be credited and the drawing account would be debited in this transaction.

What do credit and debit accounts mean?

Business transactions are actions that have a monetary effect on an organization's financial statements. We keep track of these transactions by recording the numbers in two accounts, with the credit column on the right and the debit column on the left.

A debit is a financial transaction that either adds to an asset or cost account or subtracts from a debt or equity account. In an accounting entry, it is put in the left-hand column. A credit is an accounting entry that either raises or lowers an asset or expense account, depending on the account type. When used in an accounting entry, it is to the right.

Learn more about debit account and a credit account here:

brainly.com/question/21773539

#SPJ4

An increase in prices of inputs will cause a ______ change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.

Answers

An increase in prices of inputs will cause a relatively small increase change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to an inelastic demand.

Price is one of the five determinants of demand, but it does not affect demand for all goods and services equally. When price greatly influences demand, the good or service is said to have "elasticity of demand".

The name comes from the way economists think about the demand for that good or service — the name is easy to expand, and a small change in price results in a large change in demand.

The essence of marketing is predicting how consumers will respond to various forms of stimulus. How much will consumers increase using the product if we endorse a influencer to support the product?  While businesses can never be 100% sure of how consumers react, the goal of every marketing and product team is to increase conversions, usage, and positive brand views.

You can learn more about elasticity of demand here brainly.com/question/14897348

#SPJ4

Other Questions
The value of the digit 2 in the number 42,780 is 10 times the value of the digit 2 in which number? You are given a block of metal that has a 'known' mass of 110. 2 you are given a block of metal that has a 'known' mass of 110. 2 grams. You measure its mass three times and get the following mass readings: 100. 2 g, 100. 1 g 100. 3g. A. What was your average mass? Solve the compound inequality. 1/2x -4< 3 and 7 3x +5 read this passage from an argument written in 1911 by a california state senator, j. b. stanford. what would be a good way to describe the claim the senator is making? Alcohol thermometer cannot measure the temperature of boiling water, why? A bicycle is traveling at 22 miles per hour. How many feet will it cover in 40 seconds? Round your answer to the nearest tenth of a foot. Pls help me find the midpoint of the segment with the given endpoints.(2,-6) and (-4,-4) (c) The figure below shows two alkane molecules.MethaneHIC-HHICIHMethaneHexaneHexaneHHHHHHLIITITH-C-C-C-C-C-C-HIITTITH. H HHHH.The table below shows the melting points and boiling points of methane andhexane.Melting point in Boiling point inCC-183-95-16269Compare the structure and properties of methane and hexane.(1) Writing Explain how you can find the range of the inverse of f(x)=x-1 without finding the inverse itself. Concerning the rules of marriage in different cultures, which statement is true?OA. Marriage cannot take place between cousins.SOB.One man cannot marry multiple women at a time.OC.One woman cannot marry multiple men at a time.Multiple men can marry multiple women at a time.O D. Bertie has 3494 comic books he wants them in groups of 8 how many comics would be left over after putting them in groups of 8 1. Recall what kinds of accidents happened to the people in Deep Survival?2. Paraphrase What does it mean to "Perceive, believe"?Critical Analysis3. Analyze Text Features Review the subheadings you jotted down as you readthis selection. What is similar about the way in which they are stated? Whymight Gonzales have chosen to phrase them this way?4. Make Generalizations What general attitude do survivors seem to have?5. Apply In what ways can you apply the 12 points to crises other than thoseinvolving physical survival in the outdooors? Divide. 2/55/6 Express your answer in simplest form. Enter your answer in the box. Explain why sharecropping is a very difficult way to get ahead for okonkwo, and how it impacts his parents and sisters. help pls Does this set of ordered pairs form a function?{(60, 108), (62, 102), (64, 130), (65, 130), (66, 143), (67, 128), (69, 147), (70, 148), (70, 166), (71, 162), (73, 165), (73,174), (74, 178)}yes or no Three friends eat lunch together. The bill comes to 21 plus 10% tax.if they split the bill and tax evenly, then how much will each person owe? Why did representative government develop in the colonies? (Hint: salutary neglect) 3 short reasons, Why were colonies started? Show that the number is rational by writing it as a quotient of two integers: 3 Which British policy avoided strict enforcement of laws meant to control its colonies?A. mercantilismB. mercantilismC. parliamentary restraintD. parliamentary restraint