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2 years ago

Which of the following is an effective strategy for personal saving?

1 answer:

6 0

The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

<h3>What is personal saving?</h3>

Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.

The effective strategy for personal saving a person is expected to follow is for the person to save a percentage of each of their salary or paycheck and deposit the money directly into their savings account.

Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

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Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing

Mashcka [7]

Answer:

The financial securities would decline by $106.7

Explanation:

Given

Financial securities at a geometric rate= $128

Underlying Security Asset = $14

Decreased value of the underlying asset = $6

When there's a reduction of $6 in the underlying asset price, this means the securities value will also get a reduction by a ratio of 6.

Because of this, we'll only consider the financial securities because it increases at a geometric progression unlike underlying assets that increases by arithmetic progression.

First, the value of financial securities needs to be calculated using the following formula;.

Value of Financial Securities = Financial securities at a geometric rate ÷

Decreased value of the underlying asset

Value of Financial Securities = $128 ÷ 6

Value of Financial Securities = $21.3

Tthe decline value of the financial securities is calculated as follows:

Decline Value = Financial securities at a geometric rate - Value of Financial Securities

Decline Value = $128 - $21.3

Decline Value = $106.7

Hence, the financial securities would decline by $106.7

6 0

3 years ago

Formula for average inventory

morpeh [17]

The average of inventory is the average amount of inventory available in stock for a specific period.

To calculate the average of inventory, take the current period inventory balance and add it to the prior period inventory balance. Divide the total by two to get the average inventory amount.

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3 years ago

Fannie mae says lenders need to use appraisers who have ___________________ appraising manufactured homes.

Marysya12 [62]

Fannie mae says lenders need to use appraisers who have knowledge, experience, and data sources for appraising manufactured homes.

The term appraiser refers to that professional person who determines the market value of an asset generally in the real estate industry.

An appraiser should always act independently of the buying and selling parties in a transaction. The opinion given by them about the real and fair value of an appraised asset must be unbiased in nature. It must be valued by using observations as well as relevant statistics or facts, and the other information.

Depending upon the circumstances, the appraisers always presents their findings in a written as well as verbal appraisal.

To know more about the appraiser here:

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6 0

1 year ago

One of the differences in accounting for a process costing system compared to a job order system is that the amounts used to tra

AlekseyPX

Answer:

The correct answer is letter "A": true.

Explanation:

Companies using the process costing approach accumulate and assign costs to mass production of a good. Instead, job order costing assigns costs of manufacturing to individual units of production. In process costing, the costs are reported from one department involved in manufacturing to another following the production process. On the other hand, in job order costing, the costs are reported in job cost cards as they are being used.

7 0

3 years ago

An exploration of the factors underlying an economy's capital stock and its level of technology indicates that the relevant tim

scoray [572]

Answer:

The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.

Explanation:

The stock of capital is a fundamental variable in economic analysis, especially for economic growth studies. The level of capital stock, together with measurements of labor (labor), constitute the factors that allow analyzing the production function of an economy; as well as determine the long-term growth patterns of it.

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3 years ago