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4 years ago

What is personal finance.

Business

2 answers:

Tanya [424]4 years ago

7 0

Personal finances everything to do with managing your money in savings and investing. Personal finance refers to how you manage your money and including Your income, expenses in savings when you put an effort into managing your personal finances, you have a better grasp I’m where your money is going and what changes you can make to meet your future financial goals.

Sav [38]4 years ago

4 0

Personal finance is personal finance that refers to how you manage your money, including your income, expenses and savings. hope it helps.

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What is lump sum payment?

vladimir2022 [97]

One single payment of money, opposed to a an annuity. (a series of payments made over time)

8 0

4 years ago

Assume that a war breaks out abroad, and foreign investors choose to invest more in a large safe country, the United States. The

goldenfox [79]

Answer: the U.S. real interest rate and net exports will both rise.

Explanation: Due to the ongoing war abroad, there would be a reduction in production of goods and services in the affected countries and a rise in the production of goods and services in the safe haven country (US) leading to increased levels of export to meet the demand.

War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.

This explains why both interest rates and export both rise.

5 0

4 years ago

Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu

Viktor [21]

Solution :

a).

Par value of the bonds outstanding 220,000

Annual interest rate x 10%

Interest payment 220,000

Amortization of the bonds premium 6600 $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year 15400

Less:interest on the bond purchased 2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated 12833

income statement

b).

Sale price of bonds, 1 Jan 20x1 138,000

(120,000 x 115%)

Amortization of premium 9600 $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

Book value at time of purchase 128,400

Purchase price 120,000

Gain on bond retirement 8400

c).

Events Accounts Debit Credit

1 Bonds payable 120,000

Bonds premium 6600

interest income 4367

investment in Salt bonds 120,000

Interest expense 2567

Gain on bond retirement 8400

2 interest payable 8100

(4950+11900+8750)

Interest receivable 8100

6 0

3 years ago

If a manufacturer offers a wholesaler a special incentive to carry a new product line, which strategy is being applied?

nirvana33 [79]

<span>Actually here in the above case its purely a brand marketing and quick sales of products strategy is being applied on by the manufacturer on wholesaler who inturn does the same on the people for the new product line, which is a win win situation for every one who are involved in this smart process or strategy for sure.</span>

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4 years ago

Abused children live in families of all socioeconomic levels, races, nationalities, and religious groups, although child abuse i

Digiron [165]

Answer:

The correct answer is lower-class nonwhite.

Explanation:

The lower class is the poorest population segment of human society. It is characterized by having great gaps in its way of life and limitations in terms of access to economic resources. They are usually unemployed people, who do not own their own home or other goods or properties that are essential for living.

To this socioeconomic class belong people with very low educational levels, barely with primary education and some with secondary education. Some casual or independent workers also enter this class. Lower class families do not have good basic services in their homes.

6 0

4 years ago