Business, 28.09.2020 14:01 angel41583
George is 30-years-old and wants to invest $500. He cannot afford to lose any of the $500, so he wants a very low-risk investment. He needs to collect the money at the end of three years, so his deadline is very strict. Which type of investment will BEST fit George’s requirements?
money market mutual fund
certificate of deposit
bond
401k
Answers: 3
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Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.
Answers: 3
Business, 22.06.2019 21:10, stephany94
You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i. e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?
Answers: 1
George is 30-years-old and wants to invest $500. He cannot afford to lose any of the $500, so he wan...
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