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3 years ago

after all of your expenses are subtracted from your income, the money left over is known as your savings.

1 answer:

6 0

The statement above is TRUE, the money left over after your expenses is subtracted from your income is called savings. Savings helps one towards becoming financially independent and it can be a great safety net in time of financial emergency needs.

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I will give you fifty five point if you make Brainliest me but if you don't and it's just a scam I'm going to report you and the

gulaghasi [49]

Answer:

okay lol

Explanation:

answer my newest question and i'll give it to you <3

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3 years ago

True or false: The role of the government in the free market is limited

MAVERICK [17]

This statement is TRUE

Hope this helps

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3 0

3 years ago

Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key

Alenkasestr [34]

Attracting and retaining employees with the skills, abilities, and experience is a key component of a<u> human resource</u> management system.

<h3>What is human resource management system?</h3>

Human resource management system has to do with carrying out specific function such as effectively managing everything that has to do with human resource.

Human resource management system is important for companies as it enables them to choose employees that has the best skills and experience to move the company forward so as to enable the company achieve their goals.

Therefore attracting and retaining employees is a key component of a<u> human resource</u> management system.

Learn more about Human resource management system here:brainly.com/question/21976973

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2 years ago

What criteria do accountants use to decide whether to use present or future values in accounting statements?

Airida [17]

Answer:

Present value is nothing but how much future sum of money worth today. It is one of the important concepts in finance and it is a basis for stock pricing, bond pricing, financial modeling, banking, and insurance, etc. Present value provides us with an estimated amount to be spent today to have an investment worth a certain amount of money at a specific point in the future. Present value is also called a discounted value. It is an indicator for investors that whatever money he will receive today can earn a return in the future. With the help of present value, method investors calculate the present value of a firm’s expected cash flow to decide if a stock is worth to invest today or not.

The formula for calculating PV is shown below

PV = CF/ (1+r)n

Here ‘CF’ is future cash flow, ‘r’ is a discounted rate of return and ‘n’ is the number of periods or year.

Example

Let’s say that you have been promised by someone that he will give you 10,000.00 Rs 5 year from today and interest rate is 8% so no we want to know what the present value of 10,000.00 Rs which you will receive in future so,

PV = 10,000/ (1+0.08)5

PV = 6805.83 (To the nearest Decimal)

So present-day value of Rs 10,000.00 is Rs 6805.83

Explanation:

5 0

2 years ago

Alin Co. purchases a building for $300,000 and pays an additional $30,000 for closing costs (brokerage, title, attorney fees). A

Yuri [45]

Answer:

The answer is: $350,000

Explanation:

When Alin Co. establishes the total cost of the building it just purchased, it must include all of the following:

building's purchase value $300,000
associated closing costs $30,000
building improvements and renovations $20,000

So the total cost of the building is $300,000 + $30,000 + $20,000 = $350,000

3 0

3 years ago