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ANTONII [103]
4 years ago
12

Emma lives on a tight budget. She saves money and also makes intelligent choices when spending it. Which of these statements dec

ribe Emma’s financial skills? Check all that apply.
Emma is more prepared to meet her basic needs.
Emma is better prepared to avoid financial setbacks.
Emma is better able to accumulate assets.
Emma is more prepared to face emergencies.
Emma is better able to avoid financial decision-making.
Business
1 answer:
kodGreya [7K]4 years ago
5 0
  • Emma is more prepared to meet her basic needs
  • Emma is better prepared to avoid financial setbacks
  • Emma is better able to accumulate assets
  • Emma is more prepared to face emergencies
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Answer:

<u>A</u>

<u>Explanation</u>:

Remember, in economics the term equilibrium implies that this terms

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<u>are all equal or in a state of stability.</u>

Therefore, the stock in such an equilibrium market would yield it expected returns since there are no external factors such as increase in price that could affect the value.

8 0
3 years ago
Jacobs Company borrowed $100,000 at 8 percent interest for three months.
ASHA 777 [7]

Answer:

B. $2,000

Explanation:

The principal amount is $100,000

Interest rate is 8% usually per year ( 12 months)

Loan duration, three months:

Annual interest = $100,000.00 x 8%

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   =$ 8000.00

Interest for 3 months

   =3/12x$8000.00

   =0.25x$8000.00

   =$2000

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3 years ago
From June 2008 oil was at a high of $144.78 per barrel. During the period from April 2011 until July of 2014, the price of oil h
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3 years ago
Lawrence Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an accoun
andre [41]

Answer:

$22,000

Explanation:

It is worth noting that for accounting purposes, restricted cash is one that is not readily available. Such inaccessible funds, therefore, cannot be reported in financial statements. A bank overdraft, on the other hand, is a liability. Lawrence should therefore report cash worth $ 22,000 only.

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The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures in 10 years. To retire this mor
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See the formula of the future value of annuity ordinary through Google
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