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lord [1]
3 years ago
10

20% of your income is meant for your savings, investments, and payments to reduce debt. What are the potential risks of having a

ll three of these buckets belong in the same category?
Business
1 answer:
jekas [21]3 years ago
7 0
We can never be sure if debt will remain at a steady level, or better, go down to zero, thus it could potentially reduce the amount left from the 20% which is also allotted for <span>your savings, investments. Also, the amount needed for investment may suddenly rise depending on the economical situation of the country.</span>
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Answer:

The answer is: E) None of the above

Explanation:

Using an excel spreadsheet and the RATE function, we can calculate the monthly interest rate of renting the TV:

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Then we multiply the monthly interest rate by twelve to get the APR:

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5 0
3 years ago
The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 20
sveta [45]

Answer and Explanation:

The preparation of the sales section of the income statement is presented below:

<u>Income Statement </u>

<u>For the year ended </u>

Sales  

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Sales Discount  $15,400  

Sales return & allowances  $22,000  

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hence the net sales is $866,000

The freight out would not be considered. Hence, ignored it

7 0
3 years ago
Eight years ago you bought your house for $115,000. You just sold it for $267,000. What was the average annual appreciation of y
lana66690 [7]

Answer:

$19,000

Explanation:

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6 0
3 years ago
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Why should an employer have employees sign a copy of the company's personnel policy?
Umnica [9.8K]
So that the employees know the policy of the job and so if something does go wrong they cant be held accountable
5 0
3 years ago
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What is a typical first transaction for a business?
sammy [17]

Answer:

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Explanation:

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