1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SSSSS [86.1K]
3 years ago
11

When it comes to saving money, what is a good rule of thumb?

Business
1 answer:
ELEN [110]3 years ago
4 0
 when  it comes to saving money, the best thing to do is to not spend the money.
You might be interested in
Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prio
Elanso [62]

Answer:

b. Manufacturing overhead applied to Work in Process for the month was $66,000

Explanation:

In posting the journal entries for a manufacturing company, the total of the amount on the credit side of the Manufacturing Overhead account represents the amount applied to and to be posted to the debit side of the Work in Process to complete the double entries.

Therefore, the correct option form the question is b. Manufacturing overhead applied to Work in Process for the month was $66,000.

7 0
2 years ago
Explain the types of FDI
elena55 [62]

Explanation:

Typically, there are two main types of FDI: horizontal and vertical FDI. Horizontal: a business expands its domestic operations to a foreign country. In this case, the business conducts the same activities but in a foreign country. For example, McDonald's opening restaurants in Japan would be considered horizontal FDI.

6 0
2 years ago
Carmie Iria, the director of a systems project committee, has received management approval for the implementation of a new accou
Elena L [17]

Answer: B. a turnkey system

Explanation: A turnkey system is a system that has been customized for a particular application. It can also be said that it is a ready to run system.

It is a complete computer system that include a hardware, operating system and application(s) designed and sold to satisfy specific business requirements.

An example of a turnkey system is a system designed for an organisation that includes software and hardware for its employees to work with.

7 0
3 years ago
Read 2 more answers
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know
babymother [125]

Answer:

Sharpe ratio = 0.20

Treynor ratio = –0.005

Explanation:

Note: See the attached excel file for the calculations of average rate of returns, standard deviations and beta used in the calculation below.

a. Calculation of Sharpe ratio

Sharpe ratio refers to a  investment measurement that employed to measure the an investment actual that has been adjusted for the risk associated with the investment.

Sharpe ratio can be calculated using the following formula:

Sharpe ratio = (Average fund rate - Average Risk Free rate) / Standard deviation of fund rate = (5.46% - 2.40%) / 15.05% = 0.20

a. Calculation of Treynor ratio

Treynor ratio refers to investment measurement that is calculated to show the risk of certain investments after the volatility of the market has been taking into consideration.

Treynor ratio can be calculated using the following formula:

Treynor ratio = (Average market return rate - Average Risk Free rate) / Beta = (1.96% - 2.40%) / 87.53% = –0.005

Download xlsx
5 0
3 years ago
Determine the order in which the following budgets are generally prepared.
xenn [34]

Answer:

The order in which the following budgets are generally prepared are as arranged below:

1. Sales budget

2. Production budget

3. Material purchases budget

4. Budgeted income statement

In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement

5 0
3 years ago
Other questions:
  • Select all items that describe command economies.
    13·2 answers
  • Sheffield Company buys merchandise on account from Cheyenne Corp.. The selling price of the goods is $850, and the cost of the g
    9·1 answer
  • A​ zero-coupon bond can be redeemed in 20 years for $ 10 comma 000.$10,000. how much should you be willing to pay for it now if
    8·1 answer
  • Since your first birthday, your grandparents have been depositing $140 into a savings account every month. The account pays 12%
    15·1 answer
  • Is using special hand tools to avoid the point of operation an acceptable
    7·2 answers
  • Gabby is an aspiring country artist. She has a record contract that pays her a base rate of $200 a month and an additional $12 f
    15·1 answer
  • On November 1, 2017, Bob, a cash basis taxpayer, gave Dave common stock. On October 30, 2017, the corporation had declared the d
    13·1 answer
  • Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $47,600
    11·1 answer
  • Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
    6·1 answer
  • the most effective use of the interim ___ is to establish cost standards and compare the actual amount with the budgeted amount
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!