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1 year ago

What are three strategies that you can use to make better financial decisions?

1 answer:

7 0

Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.

<h3>What are better financial decisions?</h3>

The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.

The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.

The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.

Hence, the strategies for taking better financial decisions are as aforementioned.

Learn more about financial decision here:

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An interior solution to a consumer's utility maximization problem implies which of the following:A. consuming optimal amounts of

Lelu [443]

Answer:

The correct answer is A

Explanation:

Interior solution is the solution or a choice which is to be made through an agent and that could be characterized as an optimum which is located or situated at the tangency of two curves on the graph.

The utility maximization of the consumer states or defines that the consumer decide or take decision to allocate the incomes so that the last dollar amount which is spent on each and every product bought yields the same amount of the additional marginal utility.

Therefore, the interior solution to the utility maximization of the consumer problem states that the consumer consuming the optimal amounts of all the goods.

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3 years ago

When pay is made public, people evaluate how equitable their pay is in light of the pay other people are receiving. The problem

Hunter-Best [27]

Answer:

A , C, D

Explanation:

Answers:

A: Try to convince the coach to give them more money

C: Quit the Team

D: Attend fewer practices

6 0

3 years ago

QS 19-10 Computing contribution margin LO P2 D’Souza Company sold 6,000 units of its product at a price of $88.00 per unit. Tota

Nikitich [7]

Answer:

$218,400

Explanation:

The computation of contribution margin is here below:-

Units Cost per unit Total

Sales 6,000 $88 $528,000

Less:

Variable production cost 6,000 $40.8 $244,800

Variable selling and

administrative costs 6,000 $10.8 $64,800

Contribution margin $218,400

Therefore the we multiplied the sale unit with cost per unit, in the similar way we multiplied the Variable production cost unit with cost per unit and Variable selling and administrative costs with cost per unit to reach the contribution margin.

4 0

2 years ago

term fixed price contract to build an office tower for $10,000,000. In the first year of the contract Tullis incurs $3,000,000

almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete = $5,000,000

Tullis billed = $4,000,000 in year 1

Collected by the end of the year = $3,500,000

Percentage of work completed = $\frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}$

= $\frac{3}{8} \times 100percent$

= 37.5%

Revenue recognized = 37.5% of $10,000,000

= $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

= $3,750,000 - $3,000,000

= $750,000

8 0

3 years ago

Moath Company reports the following for the month of June.

sweet [91]

Answer: $5,500

Explanation:

The Cost of Goods available for sale is the price of the inventory and purchases that the company intends to sell.

June 1 Inventory = $1,000

June 12 Purchase = $2,400

June 23 Purchase = $2,100

Cost of goods available for sale = 1,000 + 2,400 + 2,100

= $5,500

3 0

2 years ago