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exis [7]
2 years ago
10

What are some tips for self-employed people to get one month ahead how to budget irregular income

Business
1 answer:
Andreyy892 years ago
3 0

Self-employment is an individual business or contract by a person. Some tips like a zero-based budgeting plan, no over-expenses, and saving can be used for budgeting.

<h3>What is budgeting?</h3>

Budgeting is the development of plans and strategies to save the funds and their employment in wise use. It can also be called a spending plan.

For a self-employed person to save money, they should use a zero-based budgeting strategy, not overspend in case of over-earning and save some amount of money every time by default.

Learn more about budgeting here:

brainly.com/question/15683430

#SPJ4

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3 years ago
Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2 comma 600 co
Juli2301 [7.4K]

Answer:

The Total Budgeted Sales of May is $944,000

Explanation:

Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.

As per given data

In May

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Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000

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Calculate the dollar rate of return on a 10 comma 00010,000 pound sterling deposit in a London bank in a year when the interest
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Answer: 92.7%

Explanation:

Due to the depreciation of the Dollar against the Pound, the foreign denominated deposit will have an even higher return.

Let's calculate that return.

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= 1.42142 - 1.23123 / 1.23123

= 0.15447

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In order to get the total dollar rate of return we add this just calculated return to the interest rate on pound which is 77%.

= 77 + 15.4

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In dollars then the return is 92.7%.

If you need any clarification please feel free to comment or react. This will help other users as well. Thank you.

8 0
3 years ago
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