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3 years ago

When making investments, your primary motivation should be:

1 answer:

7 0

When making an investment, the primary goal of every investor is to make money. Investing is an activity undergone by any individual called investor to gain profit. Profit is the amount of money the investor can earn out of his/her investment. The primary goal of every investor is profit.

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The hernandez family budgets $420 a month for food. last month they spent $413, which creates a?

MAVERICK [17]

A budget surplus of $7

<h3>What is a budget surplus's opposite?</h3>

A budget deficit is the polar opposite of a budget surplus. If a company (or government) has a budget deficit, it signifies that over the given timeframe, it spent more money than it brought in. A business's budget deficit could necessitate a budget reform for the upcoming fiscal year, even though a budget deficit for the government is not always negative for spending.

<h3>What does the term "surplus" mean?</h3>

A surplus is a sign that the government is being run efficiently. When government income is higher than government expenditures for a specific time period, typically a fiscal year, there is a surplus, which is a positive number.

<h3>How is inflation caused by a budget surplus?</h3>

Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.

Learn more about budget surplus:

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6 0

2 years ago

Aikman Company paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the company's existence, respectivel

Alenkasestr [34]

Answer:

C. $3,685

Explanation:

Total dividends paid in first 4 years

= $2,410 + $0 + $1,570 + $1,060

= $5,040

Retained Earnings ending balance is the net of the total income earned over the years less the total dividend paid through the years.

Retained Earnings ending balance = Total income - total dividend paid

$9,700 = Total income - $5,040

Total Income = $9,700 + $5,040

= $14,740

Average annual amount of net income (loss) over the first four years for Aikman

= $14,740/4

= $3,685

Option C.

3 0

3 years ago

Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2016, accounts receivable totaled $720,000. Th

Yuki888 [10]

Answer:

Journal

Date Account Titles and Explanation Debit Credit

Allowance for uncollectible accounts $30,500

Accounts Receivables $30,500

(To write off uncollectibles during the year)

Journal

Date Account Titles and Explanation Debit Credit

Account receivables $3,100

Allowance for uncollectible accounts $3,100

(To reinstate receivables written off earlier)

Journal

Date Account Titles and Explanation Debit Credit

Cash $3,100

Account receivables $3,100

(To record the recovery of bad debts)

Journal

Date Account Titles and Explanation Debit Credit

Bad debt expenses $48,000

Allowance for uncollectible accounts $48,000

(To record bad debts expenses)

<u>Workings</u>

Closing allowance = Opening allowance - Receivables written off + Receivables reinstated = $51,000 - $30,500 + $3,100 = $23,600

Expenses Bad debt = Receivables at the end of 2016 * Estimated percentage = $720,000 * 10% = $72,000

Allowance to be created = Estimated bad debts - Balance of Allowance at year end = $72,000 - $23,600 = $48,400

4 0

3 years ago

Income tax is the only type of tax collected in most states within the United States.

V125BC [204]

It would be b.False cause its not the only type of tax collected in most states

7 0

4 years ago

Read 2 more answers

Which of the following terms describes a roadmap created by an organization to describe its current situation and where it shoul

ANTONII [103]

Answer:

enterprise architecture

Explanation:

According to my research on different business strategies and tools, I can say that based on the information provided within the question the term being described is called an enterprise architecture. Like mentioned in the question this is a blueprint/road-map that defines the structure and operation of an organization in order to achieve it's mission in the most effective way possible. Which is used by almost every business since it is an essential step in the business' success.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

4 years ago

Read 2 more answers