2 years ago

What is the first step in setting up a budget? (1 point)

Business

1 answer:

kap26 [50]2 years ago

7 0

I would think to find out how much you make so A,B and c and d is a mystery to me. Hope this helped

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Which of these sentences is correctly written and punctuated? Keeping his active mind challenging Roosevelt improved his stamp c

Vladimir79 [104]

The seconds one is the correct answer

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3 years ago

Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme

zheka24 [161]

Answer:

The payback period for this project is closest to 2 years

Explanation:

Initial investment = $300,000

Sales = $500,000

Cash variable expenses = ($200,000)

Contribution margin = 300,000

Fixed cash expenses = $150,000

Depreciation expenses = $37,500

Total Fixed expenses: $150,000 + $37,500 = ($ 187,500 )

Net operating income = $112,500

Annual cash inflows = Net operating income + Depreciation

= $112,500 + $37,500

= $150,000

Payback period = Initial investment ÷ Annual cash inflows

= $300,000 ÷ $150,000 = 2 years

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3 years ago

Evaluate an open economy from the spending approach in order to get the three sectorial balances, private, external, and public.

velikii [3]

Answer:

GDP for an open economy from the spending approach follows this equation:

GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)

It can also be written as:

GDP = C + I + G + NX (X - N)

The balance of private consumption is simply equal to C, the balance of public spending is G, and the balance of the external sector is net exports or NX.

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2 years ago

Bank A pays 10% interest compounded annually on deposits, while Bank B pays 9% compounded daily. a. Based on the EAR (or EFF%),

Pie

Answer:

Bank A should be chosen.

Explanation:

Given:

Effective annual rate (EAR) of bank A = 10%

Bank B pays 9% compounded daily. EAR of bank B is calculated below:

EAR = $( 1+\frac{i}{n})^{n} -1$

Where, i is 0.09

n is compounding period that is 365 (since it is compounded daily)

EAR = $( 1+\frac{0.09}{365})^{365} -1$

= 1.0942 - 1

= 0.0942 or 9.42%

Bank B pays EAR of 9.42%

Based on EAR, Bank A should be selected as it pays higher EAR of 10%.

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3 years ago

Does supply curve shift to the left or right

erastova [34]

Answer:

An increase in the change in supply shifts the supply curve to the right, while a decrease in the change in supply shifts the supply curve left....

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3 years ago

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