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Lemur [1.5K]
3 years ago
12

When might be the best time to start saving for retirement?

Business
2 answers:
leva [86]3 years ago
8 0
At the earliest possible date.
barxatty [35]3 years ago
5 0
Around your early 40s , make sure you start early
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Your friend is having trouble saving money. How can you teach them the “pay-yourself-first principle”? Do you think this is an i
BigorU [14]
I think this is important without a doubt . You might need to use that money someday for yourself but won't have it because you spent it on a HUGE list of groceries. If you put some money aside for yourself, you will have money that your allowed to do anything with (saving, buying clothes, buying cars, etc.) You should always save some of your payment that way you always have extra money in case of any money emergenies or such. 
4 0
3 years ago
On March 3, Cobra Inc. purchased a desk for $330 on account. On March 22, Cobra purchased another desk for $460 also on account,
Olin [163]

Answer:

Cobra Inc.

The amount that Cobra should report for desks is $790.

Explanation:

a) Data and Calculations:

Purchases on March 3 =    $330

Purchases on March 22 = $460

Payment on March 24 =   ($460)

Amount unpaid =               $330

b) The amount that Cobra Inc. should report as Accounts Payable at the end of March is $330.  However, in reporting for the desks, it should report $790 in assets.  This amount represents the value of desks that the company is possessing, which is financed by company cash and creditors.

4 0
3 years ago
Which skill do you feel is the most important? Why? (2-4 sentences)
Zanzabum

Answer:I do not think there is a subject less important than another.

Explanation: I say this because its true, and that you need to know math to have a job. You ned to know how to read so you can know what to type. And you need to know science because its amazballs!!

4 0
3 years ago
Suppose that the federal reserve decides to decrease the money supply with a $300 sale of treasury bills. Complete the tables th
ANEK [815]

The monetary base is a liability, whereas Treasury notes are assets.

tables that represent the financial position of the federal reserve and commercial banks after this open-market operation:

A $ 300, B $ 300, C $ -300, D $ 300

a negative sign use for reduced values.

<h3>What do we mean by asset?</h3>

A resource having economic worth that a person, business, or nation owns or manages with the hope that it will someday be useful is referred to as an asset. A company's balance sheet lists assets. They are acquired or produced to raise a company's value or improve the operations of the company. Physical commodities like equipment, real estate, raw materials, and inventories are considered assets. Intangible objects like patents, royalties, and other forms of intellectual property are also considered assets.

To know more about asset visit:

brainly.com/question/13848560

#SPJ4

3 0
1 year ago
Blue Corporation has a deficit in accumulated E &amp; P of $300,000 and has current E &amp; P of $225,000. On July 1, Blue distr
Rufina [12.5K]

Answer:

<em>Sam's dividend income is $225,000 and has a reduction of stock basis of $27,500</em>

<em>Explanation:</em>

<em>From the example ,</em>

<em>Given that,</em>

<em>Sam stock is =$52.500</em>

<em>Blue corporation has deficit  in accumulated E and P which is =$300,000</em>

<em>Blue corporation has current  E and P of = $225,000</em>

<em>Blue distributes $250,000 to its shareholder on July 1st</em>

<em>Therefore,</em>

<em>Blue corporation has a current E & P of $225,000, to an extent, Sam has a taxable dividend. The remaining $25,000 reduces his basis stock.</em>

<em>Sam has an income dividend of $225,000 and reduces his stock basis to $27,500.</em>

6 0
3 years ago
Read 2 more answers
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