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2 years ago

A financially-responsible person reacts quickly to problems. True or False

Business

2 answers:

anastassius [24]2 years ago

8 0

Answer:

false

Explanation:

they probably react to financial problems quickly but not overall problems.

Alex Ar [27]2 years ago

3 0

Answer:

TRUE

Explanation:

A financially responsible person has complete control of their finances. These people usually build a fund for unforeseen situations such as unemployment or an illness. Thus, responsible people have an ability to react quickly to problems. These people also know how to keep track of their investments. If a problem occurs in an investment, such as stocks, the financially responsible person will be able to reallocate their resources quickly to minimize their losses.

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NEED HELP ASAP, WILL GIVE BRAINLIEST

Sholpan [36]

What new laws to the New York factory investigating commissions request check all that apply

1. no factory workers under age 10
3. a minimum wage for all workers
4. increased sanitation standards

3 0

2 years ago

The adjusted trial balance of Bramble Corp. at December 31, 2019, includes the following accounts:

natulia [17]

Answer:

$11,400

Explanation:

Income Statement

For the year ended December 31, 2019

Particulars Amount

Revenues

Service revenue $37,900

Expense

Salaries & wages expense $16,000

Insurance expense $2,900

Rent expense $3,400

Supplies expense $2,500

Depreciation expense $1,700

Total expenses $26,500

Net income (loss) $11,400

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3 years ago

AutomatedFry Inc. is the leading manufacturer of ventless deep fryers. It has developed a new high-capacity fryer. To identify t

Tems11 [23]

Answer:

Lead generation.

Explanation:

Selling process can be defined as the steps which must be taken by a sales representative when selling a particular product. The selling process begins with identification of potential customers that are willing to purchase the product.

Lead generation is the process of getting customers to buy a product, It involves creating an awareness of the product. This is the initial stage of a selling process.

Lead generation begins with identifying the group of customers to sell to, marketing your products through different mediums, maintaining constant communication with the customers.

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3 years ago

You open a savings account with a 0.5% per year nominal interest rate, and the economy experiences 3% per year inflation. a. Wha

Firlakuza [10]

Answer:

a. The nominal interest rate is 0.5%, and the real interest rate is -2.5%.

b. The purchasing power of money in the account will reduce.

Explanation:

a. What is the nominal and real annual interest rate on the account? The nominal interest rate is %, and the real interest rate is %.

From the question, we have:

Nominal interest rate = 0.5%

Inflation rate = 3%

In economics, the real is interest rate is calculated as follows:

Real interest rate = Nominal interest rate - Inflation rate = 0.5% - 3% = -2.5%

Therefore, the nominal interest rate is 0.5%, and the real interest rate is -2.5%.

b. What will happen to the purchasing power of the money you place in the account over time? The purchasing power of money in the account will

From the question, the interest rate attached to the savings account is a nominal interest rate. Since the nominal interest rate, unlike the real interest rate, is an interest rate that is not adjusted for inflation, the purchasing power of money in the account will reduce.

3 0

3 years ago

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simu

OverLord2011 [107]

Answer:

True

Explanation:

The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.

In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.

This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.

8 0

3 years ago