Put Your Money Where Your Mouth Is You have learned a lot about growing your money.
Now it's time to show what you know.
Imagine you win $10,000 in a state competition and
decide to invest your prize. Choose three investment
options from the lesson for your money. Describe
your investment plan in a detailed paragraph. Be
sure to include responses to the following questions:
• Why did you choose these three options?
How may taxes, fees, and inflation affect your
investments?
• How do your choices reflect your tolerance for
risk?
• How do you plan to divide your money between the three investment options you chose? Be sure to
include the following terms in your explanation:
o diversification
o risk
o rate of return
o interest rate

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct. d.

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%