(Answered) Question - two acquaintances have approached you about

Accounting

Question - Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $2,900 and Tian needs $3,900. One year from now your original investment will be returned, along with $245 income from Nateisha or $330 income from Tian. You can make only one investment.

Required:

a-1. Compute the ROI of Nateisha and Tian.

a-2. Which investment would you prefer?

Nateisha
Tian

b. What other factors should you consider before making either investment?

Risk
Fluctuation

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92486284
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question - hunter co purchased a delivery truck the total

Question - Hunter Co. purchased a delivery truck. The total cash payment was $30,020, including: Negotiated purchase price $24,000 Installation of special shelving 1,100 Painting and lettering 900 Motor vehicle license 1 ...

Quesiton company general mills incfinancial ratios are used

Quesiton: Company: General Mills Inc Financial ratios are used to assess a company's strengths and weaknesses. One way to use ratios is to compare the company under consideration to the industry average. Deriving meaning ...

Question - aa businesss lawyer charge 30 per your to meet

Question - AA business's lawyer charge $30 per your to meet with the board of directors. The business pays for the expense on the fifth of every month. By the end of the year, the board members and lawyer had met 51 hour ...

Question - linda received 90000 in salary income for 2018

Question - Linda received $90,000 in salary income for 2018. She has no dependents. Determine her income tax liability under each of the following independent situations: She files as a single individual. She is married ...

Question - harveys junk jewelry started business january 1

Question - Harvey's Junk Jewelry started business January 1, 2018, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2018: Cost Retail Beg Inv ...

Question - on december 31 2017 cheyenne company signed a

Question - On December 31, 2017, Cheyenne Company signed a $1,054,800 note to Ayayai Bank. The market interest rate at that time was 11%. The stated interest rate on the note was 9%, payable annually. The note matures in ...

Question - the ward county hospital center wchc wants to

Question - The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care van to use in screening residents in an underserved local neighborhood. The van will last five years and costs sixty-eight thousand ...

Question - explain legislation and statutory requirements

Question - Explain legislation and statutory requirements and industry codes of practice including(Australia): Consumer credit code Privacy act Credit act Financial transaction reports act Corporations act (including acc ...

Question - cullumber company purchased machinery for 176400

Question - Cullumber Company purchased machinery for $176,400 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 88,600 units, and working ...

Question -what would you pay for an investment that pays

Question - What would you pay for an investment that pays you $5300000 after fifty years? Assume that the relevant interest rate for this type of investment is 8%. Vaughn Manufacturing makes an investment today (January ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert