They are recorded as debit as Allowance for Doubtful Accounts.
Allowance for doubtful accountsAn allowance for doubtful accounts is a contra account that nets against the total receivables presented on the balance sheet to reflect only the amounts expected to be paid. The allowance for doubtful accounts estimates the percentage of accounts receivable that are expected to be uncollectible. However, the actual payment behavior of customers may differ substantially from the estimate.
KEY TAKEAWAYS
The allowance for doubtful accounts is a contra account that records the percentage of receivables expected to be uncollectible.
The allowance is established in the same accounting period as the original sale, with an offset to bad debt expense.
The percentage of sales method and the accounts receivable aging method are the two most common ways to estimate uncollectible accounts.
Learn more about doubtful accounts here :
https://brainly.com/question/15409074
#SPJ4
Carlyle plans to invest $12,000 per year for the next 5 years at 10% interest. How much will he have at the end of Year 1 for an ordinary annuity
Answer:
$12,000
Explanation:
Since she plans to invest by the end of the period, the investment hasn't earned any interest. So it stays the same.
_______ refers to determining what information is needed and how that information can be obtained efficiently and effectively. a. Secondary data b. The marketing research objective c. The management decision problem d. The marketing research problem
The Marketing Research Problem refers to determining what information is needed and how that information can be obtained efficiently and effectively.
The Marketing Research Problem
The procedure of market research is being carried out in order to solve the problem of market research. It outlines the study's goals, outcomes, issues, methodology, and anticipated findings. It also specifies the market research study's objectives.No matter how effectively a research plan is created and the following steps are carried out in a proper way, if the issue is not accurately diagnosed, study findings may be false or even harmful.These research issues aid in determining the effect that various modifications will have on the norms and procedures in place. They can thus recognize patterns in the interactions between various elements.Hence, The term "marketing research problem" refers to the process of identifying what data is required and how it can be properly and effectively collected.
To learn more about The Marketing Research Problem refer to:
https://brainly.com/question/15109482
#SPJ4
Ashton borrows $25,000 from Amanda, who lends the money without taking an interest in collateral for the loan. Amanda is relying on Ashton's credit standing when she made the loan. In this case, what kind of creditor is Amanda
Amanda is kind of an unsecured creditor.
What Is an Unsecured Creditor?An unsecured creditor is an individual or institution that lends money without obtaining specified assets as collateral. This poses a higher risk to the creditor because it will have nothing to fall back on should the borrower default on the loan.
If a borrower fails to make a payment on a debt that is unsecured, the creditor cannot take any of the borrower's assets without winning a lawsuit first.
In other word, An unsecured creditor is a creditor other than a preferential creditor that does not have the benefit of any security interests in the assets of the debtor.
Therefore, we can conclude tat the correct option is A. Amanda is kind of an unsecured creditor.
Your question is incomplete, but most probably your full question was:
Ashton borrows $25,000 from Amanda, who lends the money without taking an interest in collateral for the loan. Amanda is relying on Ashton's credit standing when she made the loan. In this case, what kind of creditor is Amanda?
A) an unsecured creditor
B) a secured creditor
C) an administrative claim creditor
D) a post-petition creditor
Learn more about Unsecured Creditor on:
brainly.com/question/2872411
#SPJ4
The predetermined manufacturing overhead rate for 2020 was $3.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $81,000, what was the estimated manufacturing overhead
The answer is $48,600.
Given,
The predetermined manufacturing overhead rate for 2020 = $3.00 per direct labor hour
employees paid = $5.00 per hour
the estimated direct labor cost = $81,000
the total direct labor hours = estimated direct labour cost / employees paid
Now, sustituting the given values in the above formula we get,
total direct labor hours = 81,000 /5
= 16,200 hours.
the estimated manufacturing overhead = predetermined manufacturing overhead rate × total direct labor hours
Now, substituting the values of given values and calculated values in the formula, we get,
estimated manufacturing overhead = 3 x 16.200
= $ 48,600.
Hence, for the given case, the estimated manufacturing overhead is $48,600.
Learn more about Labor costs:
https://brainly.com/question/13280244
#SPJ4
Suppose the Irish economy is at full employment. Suppose in a few months, the exchange rate of the Irish national currency, the punt, will decline, giving the Irish relatively less purchasing power in foreign markets. What will happen to the price level and real GDP in Ireland
What is going to happen to the price level and the real GDP of Ireland is that The price level will not change, and the real GDP will fall.
Why would the real GDP fall?Because the value of the currency is on a decline, the exchange rate of this nation is also on a decline.
The effect is that the purchasing power of the people is going to fall. People would begin to demand less for goods and services in the nation.
Read more on GDP here:
https://brainly.com/question/1383956
#SPJ1
Suppose the government taxes 10 percent of the first $30,000 in income, 20 percent of the next $20,000 in income, and 30 percent of all income over $50,000. Calculate the marginal tax rate and the average tax rate for a person who earns $70,000.
The marginal tax rate and the average tax rate for a person who earns $70,000 will be $1,443 per month.
Marginal tax rateThe marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned. A 10 percent marginal tax rate means that 10 cents of every next dollar earned would be taken as tax.
Average tax rateA taxpayer's average tax rate (or effective tax rate) is the share of income that they pay in taxes. By contrast, a taxpayer's marginal tax rate is the tax rate imposed on their last dollar of income. Taxpayers' average tax rates are lower — usually much lower — than their marginal rates.
Learn more about marginal tax rate and average tax rate here :
https://brainly.com/question/10798743
#SPJ4
Foundations, universities, and other nonprofit organizations own shares in publicly held companies, whose value is dependent directly upon the ______ of those companies.
Foundations, universities, and other nonprofit organizations own shares in publicly held companies, whose value is dependent directly upon the performance and reputation of those companies.
The benefits of moral behavior in the enterprise include supporting your business to construct consumer loyalty, keeping away from felony troubles, and enticing and maintaining gifted employees.
The priority businesses have for the welfare of society, not only for their proprietors. CSR goes properly past being ethical. it's far primarily based on a dedication to integrity, equity, and recognition. Society's generic requirements of ethical behavior, that is, behaviors widely widespread by society as proper instead of incorrect.
Business ethics enhances the law with the aid of outlining suited behaviors past government control. Businesses establish enterprise ethics to sell integrity amongst their employees and advantage agree with from key stakeholders, together with buyers and consumers. at the same time as company ethics packages have come to be not unusual, the first-rate varies.
Learn more about nonprofit organizations here: https://brainly.com/question/26476622
#SPJ4
Top-down security analysis a. starts with the analysis of a firm. b. includes economic, industry, and company analysis. c. concentrates on the competency of the senior management of a firm. d. centers on the past performance of a firm.
Top-down security analysis includes economic, industry, and company analysis.
What is Top-down security analysis?Viewing the big picture in relation to the sectors or industries where investors wish to make investments is the goal of the top-down analysis. For the purpose of making the ultimate investing decision, detailed information and financial statements are examined after the selection of stocks and sectors.Top-down investing is a method of investment analysis that prioritizes evaluating macroeconomic issues like GDP, employment, taxation, and interest rates before focusing on microeconomic aspects like particular industries or businesses.The top-down strategy is simpler for novice investors and for those who lack the time to review a company's financials. Even in bear markets, bottom-up investing can assist investors in selecting high-performing stocks.To learn more about Security Analysis refer to:
https://brainly.com/question/13246388
#SPJ4
During the deep recessions of the early 1980s and of 2007-2009, unemployment reached roughly __________.
when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.
what was the unemployment rate in 2007-2009?after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.
this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.
options for this question include:
A. 10%. B. 20%. C. 30%. D. 40%.
find out more on the recession of 2008 at
#SPJ1
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. If the company has 650,000 shares outstanding, and the stock currently sells for $43, how much will it cost you to buy a seat if the company uses straight voting
It will cost $6,987,00 if the company uses cumulative voting.
Number of shares: 6,50,000
Share price: $43
IF THE COMPANY USES STRAIGHT VOTING:
STEP 1: If the company uses straight voting, then the number of shares it should own would be half of the shares plus one share, in order to guarantee that the enough votes are received to win the election.
Number of shares needed= (Number of shares available for voting ÷ 2) +1
Number of shares needed= (6,50,000 ÷ 2) + 1
Number of shares needed= 3,25,001
STEP 2: Total cost will be the product of share price and number of shares needed.
Total Cost = Share Price × Number of shares needed
Total Cost = $ 43 × 3,05,001
Total Cost = $ 13,115,043
It will cost $13,115,043 if the company uses straight voting.
IF THE COMPANY USES CUMULATIVE VOTING :
STEP 1: If the company uses cumulative voting, you need 1/(N+1) percent of stock plus one share to get maximum number of votes to win the election.
Percent of stock needed = [1 ÷ (N + 1)] * 100
Percent of stock needed = [1 ÷ (3 + 1)]* 100
Percent of stock needed = (1 ÷ 4) * 100
Percent of stock needed = 25%
So the number of shares purchased = (6,50,000 × 25%)
Number of shares purchased = 1,62,500
Total Cost = Number of shares purchased × Share Price
Total Cost = 1,62,500 × $43
Total Cost = $6,987,00
Therefore, we conclude that It will cost $6,987,00 if the company uses cumulative voting.
Learn more about Straight Voting on:
brainly.com/question/20344206
#SPJ4
Angela puts $5,000 in a savings account that pays 4 percent interest per year. What is the future value of her money two years from now
Using formula, F = P*(1+i)^t
Future value of money = 5000*(1+0.05)^1 = 5000*1.05 = 5250
As the interest rate increases/rises, the future value of Angela's 5000 savings will increase.
For example, if you have a savings of $ 5,000 and the national average is 0.10% APY, you will only get $ 5 back in a year. Instead, if you deposit the same $ 5,000 into a 2% revenue account, it will be $ 100.
A simple interest formula is an Interest = Px Rx N. P = principal (balance at the beginning of the period). R = Interest rate (usually expressed as a decimal per year). N = number of periods (usually one year).
Learn more about simple interests here: https://brainly.com/question/20690803
#SPJ1
Business ethics are not divorced from personal ethics, which are generally accepted principles of right and wrong governing the conduct of individuals. Our personal ethical code exerts a profound influence on the way we behave as businesspeople. Why do managers behave in an unethical manner? there is no simple answer to this question, for the causes are complex, but some generalizations can be made. Many managers have made poor ethical decisions while engaged in international business. Many of these ethical issues are rooted in the variations among nations in their political systems, law, economic development, and culture. What is considered normal practice in one nation may be considered unethical in another.
Entirely separating your personal ethics from business ethics is virtually impossible.
There are three important factors that can influence ethical decision making, which are individual, organizational, and opportunity factors. All three of these factors can weigh heavily on a person during the decision making process, especially in the work place.
He stressed that people follow ethical principles and listed following seven Social Sins: (i) Politics without Principles (ii) Wealth without Work (iii) Commerce without Morality (iv) Knowledge without Character (v) Pleasure without Conscience (vi) Science without Humanity (vii) Worship without Sacrifice.
Please check attached file for complete answer.
Learn more about ethics at
https://brainly.com/question/13969108
#SPJ4
The two types of securities offerings in the primary markets are ________ and ________. Question 14 options: initial public offerings; seasoned old issues seasoned new issues; penny stocks initial public offerings; seasoned new issues seasoned new issues; long-term bonds long-term bonds; government bills and notes
The two types of securities offerings in the primary markets are initial public offerings and seasoned new issues.
What kinds of primary markets are there?For almost every type of financial asset, there is a primary market. The primary stock market, primary bond market, and primary mortgage market are the three largest. Primary market difficulties that are most frequently encountered include: Initial public offering (IPO): the first time a corporation issues stock to the general public.
What distinguishes a primary offering from a secondary offering?The main markets are where the issuer sells securities to investors, and the secondary markets are where private investors buy and sell securities. Initial public offers (IPOs) refer to the issuer's first public sale of a security, whereas seasoned offerings refer to sales of successive securities.
Who issues securities in the primary market?Securities are directly issued by businesses to investors in the main market. Securities are issued either through an Initial Public Offering (IPO) or a secondary market transaction (IPO) The first selling of stocks made by a corporation to the general public is known as an initial public offering (IPO).
Learn more about Primary markets and Secondary Markets at https://brainly.com/question/17168396
#SPJ4
It is more useful to compare a company's inventory turnover with its own results from prior periods than with other companies' ratios ______.
The comparison is inadvisable because companies may use different accounting methods which may cause the turnovers to vary significantly.
What is the use of inventory turnover?The financial ratio is a tool that is used to know many times that a company has sold and replaced inventory during a given period.
However, because different companies use different accounting methods which may cause the turnovers to vary significantly, the decision is not advisable.
Read more about inventory turnover
brainly.com/question/14772105
#SPJ1
It is more useful to compare a company's inventory turnover with its own results from prior periods than with other companies' ratios because companies may use different accounting methods which may cause the turnovers to vary significantly.
What are inventory and Inventory turnover?
Inventory is a raw material used in the production of finished goods or inventory is a finished goods ready for sale. To a manufacturer of chocolate, cocoa is an inventory; To the owner of a supermarket that sells chocolate, chocolate is an inventory. Inventory is a current asset.
Inventory turnover is the number of times a company sells its products. Inventory turnover in for an owner of supermarket will be higher than a manufacturer of automobiles.
To calculate inventory turnover: Cost of goods sold/average average
Why it is not good to compare inventory turnover with another comp[any?
We have 3 main types of computing inventory -
FIFO (First In, First Out)LIFO (Last In, First Out)WAC (Weighted Average Cost)And different companies can use any of the above to compute its closing inventory
For further readings:
https://brainly.in/question/9234227
A clause in a labor contract that required workers to be members of the union before being hired was known as a(n):
Closed-shop agreement; clause in a labor-management agreement that specified workers had to be members of a union before being hired (was outlawed by the Taft-Hartley act in 1947)
About closed-shop agreement:
In union-management relations, a closed shop is an agreement whereby an employer commits to exclusively hire—and keep in employment—people who are trade union members in good standing. Such an arrangement is made in accordance with the provisions of a work contract.
The Taft-Hartley Act of 1947 declared closed shops to be unlawful in the United States, although they still exist in actuality; they are just not mentioned in contracts. Employers who depend on unions for hiring do so.
Know more about Taft-Hartley here:
https://brainly.com/question/10748899
#SPJ4
Monopolistically competitive firms are productively inefficient because long-run equilibrium occurs at an output rate where Group of answer choices None of the Answers are Correct ATC is greater than minimum ATC. MC is greater than MR. Diseconomies of scale exist. Price is greater than MC.
Because long-run equilibrium takes place at an output rate where ATC is higher than the minimal ATC, monopolistically competitive firms are inefficient in terms of productivity.
An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.
What exactly is a monopolistic firm?A totally competitive market, where there are an infinite number of enterprises operating, is the antithesis of a monopolistic market. In a truly monopolistic model, the monopoly firm can limit output, raise prices, and make long-term profits that are above average.
What define monopolistically competitive company characteristics?A monopolistically competitive industry has the following four traits:
numerous sellers This industry has many vendors, and entry is simple.Small businesses compete in monopolistic markets with differentiated goods.Businesses in this sector offer distinctive productsLocal Advertising.learn more about monopolistically competitive firms here
https://brainly.com/question/25717627
#SPJ4
Cretia Robritti discovered that the purpose of asset allocation is to ensure that the investor is ________, generally with holdings in several different ________ of investments. Question 19 options: evenly distributed; amounts protected; denominations well diversified; classes well diversified; amounts evenly distributed; classes
Cretia Robritti discovered that the purpose of asset allocation is to ensure that the investor is well diversified generally with holdings in several different classes of investments.
Why is asset allocation necessary and what does it entail?By allocating a portfolio's assets in accordance with a person's objectives, risk tolerance, and investment horizon, asset allocation is an investment technique that seeks to balance risk and reward.
Best asset allocation strategy for your portfolio:Your portfolio's asset allocation should always be consistent with your objectives. Fourth-Generation Asset Allocation Dynamic asset allocation is another active asset allocation method. With this approach, you continuously modify the asset mix in response to changes in the economy and market conditions.
What are alternative assets?Compared to standard investments, alternative assets are investments that are comparatively more complex and less liquid (i.e., harder to purchase or sell). It's critical to realize that these somewhat sophisticated investment kinds come with higher risks and are not appropriate for all investors.
Learn more about Asset allocation and diversification at https://brainly.com/question/28025267
#SPJ4
Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)
Project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
What is a project?It should be noted that a project is an activity that's engaged in to achieve a particular goal.
In this case, project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
Learn more about projects on:
brainly.com/question/6500846
#SPJ1
Honda recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same orientation and attended the same training and development sessions. They were most likely engaged in what form of training
They were most likely engaged in "classroom training and lectures."
what is classroom training?In the classroom training approach, a facilitator simultaneously imparts knowledge or information to a group of employees. The fact that numerous employees can study simultaneously is this training method's key benefit.
It is extremely likely that the employees underwent "classroom training" on their first day of work because Ford employed them to work in different divisions with various job roles.
The claim that all twenty of the employees attended the same training and development courses on the same day and at the same time and received the same orientation serves as additional support for this.
To know more about classroom training refer to : https://brainly.com/question/14451563
#SPJ4
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjusting entry on December 31
The answer is $3,500.
Given,
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note.
Interest is payable at maturity.
Maturity date = July 1 + 8 months = March 1
Total interest incurred on maturity = Value of the note × Interest rate × time period
= [tex]100,000 * (0.07) (\frac{8}{12})[/tex]
= $4,666.67
Number of months as on December 31 = 6 months
Therefore, the amount of interest expense that the company would record in a year-end adjustment on December 31 is given by:
Interest expense = Total interest incurred on maturity × no. of months as on December 31
= $4,666.67 × [tex]\frac{6}{8}[/tex]
= $3,500
Hence, the amount of interest expense that the company would record in a year-end adjusting entry on December 31 is $3,500
Learn more about interest expense:
https://brainly.com/question/11686424
#SPJ4
If a sales associate is working with a buyer in a residential transaction as a customer, not a client, what type of brokerage relationship must be disclosed
The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.
What is a Non-representation?This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.
Hence, this is what have to be disclosed in type of brokerage relationship between the parties.
Read more about Non-representation
brainly.com/question/255459
#SPJ1
Sykora Corp. sells $540,000 of bonds to private investors. The bonds are due in 5 years, have a 6% coupon rate and interest is paid semiannually. Sykora received $490,222 for the bonds at issuance. The effective rate on these bonds is:
The effective rate on these bonds is 7.17%
What is the effective rate?The effective interest rate of a bond is the rate that equates the present value of the bond's future interest payments and the bond's maturity value to the bond's current market value.
The effective interest rate can be determined using a financial calculator:
Cash flow in year 0 = -490,222Cash flow from period 1 - 12 = 6% x 540,000 = 32,400Cash flow in year 6 or period 12 = $540,000effective interest rate = 7.17%
To learn more about effective interest rate, please check: https://brainly.com/question/13735414
#SPJ1
What is the term for the point where your business earns more money than it spends, and begins to become profitable?.
Bottom line is the point where your business earns more money than it spends, and begins to become profitable.
What is bottom line?This refers to the total amount of money that a company has made in an accounting period.
It is to be noted that bottom line statement shows the reasons that influence company's growth or net income.
Learn more about bottom line here: https://brainly.com/question/8630249
#SPJ1
If a corporation has S corporation status, it must pay income taxes at the corporate level. Group of answer choices True False
It is False that if a corporation has S corporation status, it must pay income taxes at the corporate level.
What is an S corporation?An S corporation is a corporation whose profits or losses are not assessed for corporate taxes.
Instead, the profits and losses of an S corporation are passed through to the business and reported on the owners' personal tax returns.
Thus, it is False that if a corporation has S corporation status, it must pay income taxes at the corporate level.
Learn more about S corporation income tax status at https://brainly.com/question/14778467
#SPJ1
Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive
Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.
What is decoy pricing?A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.
The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.
Learn more about pricing tactics with the help of the given link:
brainly.com/question/25716956?referrer=searchResults
#SPJ4
To allow lower-level employees access to the corporate network while preventing them from accessing private human resources documents, you would use:
In order to give lower-level staff members access to the corporate network but bar them from seeing confidential human resources records, you would employ:a system of authorization management.
What is an authorization management system?One of the crucial elements of Management Information Systems (MIS) for the security consideration is authorization management. The Role-Based Access Control (RBAC) solution increases the security and efficiency of Authorization Management.
What is the authorization procedure?A server assesses if a client has permission to use a resource or access a file through the authorization procedure. Authentication and authorization are frequently combined so that the server can identify the client making the access request.
What is an example of authorization?Good instances of authorization include allowing specific users to have administrative access to an application or granting someone permission to download a specific file from a server.
learn more about authorization management system here https://brainly.com/question/13408993
#SPJ4
Alex's company has found through recent quality control analysis that it needs to improve its picking and packing processes. The executive team has decided to invest in some kind of technology that will improve operator efficiency and ensure that shipping orders are packaged more quickly and accurately. What kind of IoT technology would be best suited to this particular use case
As given in the case, Alex's company of IoT technology would be best suited to this particular use case (MDM) Mobile device management.
What is (MDM) Mobile device management?
Mobile device management (MDM) is the administration of mobile devices, such as smartphones, tablet computers, and laptops. MDM is usually implemented with the use of a third-party product that has management features for particular vendors of mobile devices.
Though closely related to Enterprise Mobility Management and Unified Endpoint Management, MDM differs slightly from both: unlike MDM, EMM includes mobile information management, BYOD, mobile application management and mobile content management, whereas UEM provides device management for endpoints like desktops, printers, IoT devices, and wearables as well.
Therefore, The correct option is B . Alex's company of IoT technology would be best suited to this particular use case (MDM) Mobile device management.
I understand that the question you are looking for is:
What kind of IoT technology would be best suited to this particular use case:
a. IoV
b. MDM
c. IoT
d. IOM
Learn more about MDM on:
brainly.com/question/27993255
#SPJ4
The _____ describes how changes to the project's scope will be submitted, logged, and reviewed. Group of answer choices Quality Management Plan Communications Plan Human Resources Plan Change Management Plan Scope Management Plan
Answer:
Communication Plan Communication plan is made to communicate the important information to stakeholders throughout the project.
Together, focusing on individual employee productivity and managing the overall firm comprise the ________ viewpoint.
Together, focusing on individual employee productivity and managing the overall firm comprise the classical viewpoint.
What is the classical view point?
This is the view pont that has it that organizational communications are close to machines.
It talks about the fact that if a person has a well managed machine then they would be able to have a great organization.
Read more on classical viewpoint here:
https://brainly.com/question/17405314
#SPJ1
________ stocks were responsible for the huge increase in stock prices in the period between 1982 and 2000. Group of answer choices Technology Manufacturing Clothing Automobile Banking
Technology stocks were responsible for the huge increase in stock prices in the period between 1982 and 2000
Technology stocks are all stocks related to the tech sector, from semiconductor manufacturers to software vendors. Tech stocks are often leading indicators of the economy and stock markets.
The price goes up when many people want to buy (demand) rather than sell (supply) shares. Conversely, if more people want to sell than buy stock, supply will be higher than demand and prices will fall. It's easy to understand supply and demand.
The best tech stock to buy according to Billionaire KenGriffin
Advanced Micro Devices, Inc. (NASDAQ: AMD) ...Broadcom Inc. (NASDAQ: AVGO) ...Uber Technologies, Inc. （NYSE：UBER）Visa Inc.（NYSE：V）...Tesla、Inc.（NASDAQ：TSLA）Learn more about technology stocks here:https://brainly.com/question/23034218
#SPJ4