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3 years ago

What is financial literacy and why is it important.

Business

1 answer:

FromTheMoon [43]3 years ago

8 0

Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

Hope this helps! Have an amazing day! :D

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In all states besides the one in which it is incorporated, a business is known as a(n)

kap26 [50]

Answer:

foreign corporation

Explanation:

A foreign corporation is indeed a phrase used throughout the Americas to define an established corporation (or another form of company, including a limited company ) carrying on commercial activity in a nation or territory other than where the company was initially incorporated.

The term refers to both territorial companies organized in another state and companies established in a country apart from the USA. All Laws require foreign companies to file with the system before performing official business.

6 0

4 years ago

Name and describe the four basic types of fees and cost a franchise owner must pay

laila [671]

Light,water bills yeah that’s all

8 0

4 years ago

The following data is available for Blaine Corporation at December 31, 2018:

natulia [17]

Answer:

B. 25,000

Explanation:

Given important information here is common stock, par $10 authorized, 30,000 shares and $250,000 Treasury Stock.

To calculate how many shares of common stock have been issued we have to divide the total price of common stock/par value which is as follows:

Shares issued = 250,000/10

25,000 shares answer

Therefore the correct answer is 25,000 shares .

7 0

3 years ago

Sheffield Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year

DedPeter [7]

Answer:

2021 inventory balance using dollar-value LIFO = $1,384,025

Explanation:

Note: Before answering the question, the data in it are sorted first as follows:

Year ended December 31 Inventory at End-of-year Prices Price Index

2019 $ 654000 1.00

2020 1261000 1.05

2021 1345250 1.10

The explanation of the answer is now given as follows:

Change in inventory in 2020 = Inventory at End-of-year Prices in 2020 - Inventory at End-of-year Prices in 2019 = $1,261,000 - $654,000 = $607,000

Change in inventory in 2021 = Inventory at End-of-year Prices in 2021 - Inventory at End-of-year Prices in 2020 = $1,345,250 - $1,261,000 = $84,250

2021 inventory balance using dollar-value LIFO = (Inventory at End-of-year Prices in 2019 * Price Index in 2019) + (Change in inventory in 2020 * Price Index in 2020) + (Change in inventory in 2021 * Price Index in 2021) = ($654000 * 1.00) + ($607,000 * 1.05) + ($84,250 * 1.10) = $1,384,025

5 0

4 years ago

Cholula hot sauce, a mexican made chili-based sauce brand, is introducing a new hot sauce flavor and wants to use its owners’ un

Flura [38]

Since Cholula company is sampling the new sauce at a number of supermarkets in texas, where there are multiple market segments likely to enjoy hot sauces, then, the tactics employed is called motivating.

<h3>What is motivating?</h3>

The term "motivating" is not limited to employee and employer, it is used by firm to induce potential and existing customer to buy their product.

In conclusion, the tactics employed by Cholula company is called motivating.