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Oksana_A [137]
1 year ago
8

Type the correct answer in the box. spell all words correctly. what is the third primary decision when it comes to making financ

ial decisions (along with spending and saving)? financial choices revolve around three primary decisions: spending, saving, and .
Business
1 answer:
OLEGan [10]1 year ago
6 0

During the process of making financial decisions, the three primary decisions are spending, saving, and <u>planning</u>.

What is a financial decision?

A financial decision can be defined as a strategic process through which an individual or business firms save, plan, and decides on how to spend its revenues over a specific period of time.

This ultimately implies that, the three primary decisions during the process of making financial decisions include the following:

  • Spending
  • Saving
  • Planning

Read more on financial decisions here: brainly.com/question/12482082

#SPJ4

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Sheffield Corp. compiled the following financial information as of December 31, 2017:
kramer

Answer:

Explanation:.

3 0
3 years ago
How does understanding science help you become an informed consumer?
KengaRu [80]
Because when you are asking somebody, you need to be informed about the object and most objects involve science. 

hope this helped :)
6 0
3 years ago
Boats R Us requires $800,000 in financing over the next 2 years. The firm can borrow the funds for 2 years at 12% interest per y
a_sh-v [17]

Answer: Short term is less costly

Explanation:

Total interest cost under long term financing = 800,000 × 12% × 2

= 800000 × 0.12 × 2

= $192,000

Total interest cost under short term financing = (800,000 × 7% ×1)+ (800,000 × 13.95% × 1) =

= (800000×0.07×1) + (800,000×0.139×1)

= $167,600

Based on the above solution, Short term financing is less costly.

4 0
3 years ago
On February 1, 2020, Pat Weaver Inc. (PWI) issued 7%, $1,200,000 bonds for $1,500,000. PWI retired all of these bonds on January
OLEGan [10]

Answer:

$55,200 gain

Explanation:

Calculation to determine How much gain or loss should be recognized on this bond retirement

First step is to determine the Book value on date of sale

Book value on date of sale=$1,200,000+$127,200

Book value on date of sale=$1,327,200

Second step is to calculate the Retired value of bonds

Retired value of bonds =$1,200,000*106

Retired value of bonds=$1,272,000

Now let determine the Gain on bonds retirement

Using this formula

Gain on bond retirement=Book value on date of sale-Retired value of bonds

Let plug in the formula

Gain on bond retirement=$1,327,200-$1,272,000

Gain on bond retirement=$55,200 gain

Therefore the amount of gain that should be recognized on this bond retirement will be $55,200 gain

5 0
3 years ago
Landlord-Tenant relationships are established by lease contracts. State the Rights and Duties of the Landlord-Tenant Relationshi
Delicious77 [7]

Answer: The landlord would have to make the environment conducive for leaving and the tenant would have pay rent and refrain from causing problems

Explanation:

The landlord and tenant have rights and duties to perform. The main duty of the landlord is to meet the warranty of habitability; ensuring the premises is safe and is in livable condition.

Whereas the duty of the tenant is to pay rent, ensure the environment occupied is neat, avoid causing problems for individuals around and refrain using the property for illegal purpose.

The right transferred by lease is an agreement by the tenant (the assignor) to transfer all of his or her rights, title, and interest in the lease to another person (the assignee).

A sublease is the lease of a property by a tenant to a subtenant.

5 0
3 years ago
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