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Bas_tet [7]
2 years ago
15

Melissa is a salaried employee who earns roughly the same amount in every paycheck. Why would it be a great idea for her to set

up an automatic transfer every pay period into her savings account
Business
1 answer:
babymother [125]2 years ago
3 0

It will be a good idea to set up an automatic transfer every pay period because its prevents anyone from forgetting to pay yourself first as well as preventing to spend the said money.

<h3>What is an automatic transfer?</h3>

An automatic transfer refers to an arrangement whereby a preset transfers is done from customer's account on a regular basis to another accounting.

In conclusion, the automatic transfer is very effective in maintaining a strict saving culture because its prevent the spending of disposable income.

Read more about automatic transfer

<em>brainly.com/question/24179665</em>

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Which one of the following is not one of the four most common ways people can save money in banks?
marysya [2.9K]

Answer:

Fractional Reserves

Explanation:

Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.

6 0
3 years ago
Included in Sage Company’s December 31, 2020, trial balance are the following accounts: Prepaid Rent $5,870, Debt Investments (t
Sunny_sXe [5.5K]

Answer:

Step 1:

Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:

           

 2 0 ⟌ 1 6  

Step 2:

The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:

       0    

 2 0 ⟌ 1 6  

Step 3:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.

       0    

 2 0 ⟌ 1 6  

       0    

Step 4:

Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.

       0    

 2 0 ⟌ 1 6  

     - 0    

       1    

Step 5:

Move down the 2nd digit of the dividend (6) like this:

       0    

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 6:

The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 7:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

        0  

Step 8:

Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

     -   0  

       1 6  

You are done, because there are no more digits to move down from the dividend.

The answer is the top number and the remainder is the bottom number.

Therefore, the answer to 16 divided by 20 calculated using Long Division is:

0

16 Remainder

Explanation:

8 0
3 years ago
If the economy is hit by a negative real shock that raises inflation and unemployment, which fiscal policy action should the gov
aev [14]

Answer: There is no fiscal policy action that can keep the inflation and unemployment stable.

Explanation:

If there is a negative real shock such as an oil crisis, it will be hard fir the affected economy to adjust and be stable.

A negative real shock will lead to a reduction in growth and a rise in inflation. Even in cases whereby there is an increase in the money supply, this will lead to a rise in real growth but the result will be that there will be an higher inflation

Therefore, there is no fiscal policy action that can keep the inflation and unemployment stable.

8 0
4 years ago
The following information is available for Fuller Manufacturing Company for the month ending October 31:_______.
denis23 [38]

Answer:

$6,625,000

Explanation:

Direct material $1,323,600

Direct labor. $1,680,000

Total factory overhead. $3,544,200

Add: Opening work in process inventory $455,300

Less: Closing work in process inventory ($378,100)

Costs of goods manufactured $6,625,000

8 0
3 years ago
the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general en
rodikova [14]

The observation that a country reached automotive production overcapacity in 2018, is an aspect of the global segment of the general environment

<h3>What an environment</h3>

An environment includes everything that makes up the earth. This include people, animals, plant, economy, business, culture etc. They all have a role to play in the day to day activities and how an individual act and react.

The global segment of environment is the aspect that affects all countries and people.

Therefore, the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general environment

Learn more on environment below

brainly.com/question/16755022

#SPJ1

5 0
2 years ago
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