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4 years ago

What was dave’s biggest lesson when it came to managing money and building wealth?

1 answer:

3 0

Money problems start with the man in the mirror. The best way to settle cash issues and figure out how to oversee cash is to change the man in the mirror.
Monetary issues or budgetary weight is where cash stresses are causing you push. Many individuals are confronting hard budgetary circumstances and the effect on emotional wellness can be huge. These issues can appear to be difficult to overcome, however, you can get encouraged and find a way to enhance your circumstance.

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Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2020. Mio's salary for 2020 is $190

vfiekz [6]

Answer:

Mio's foreign earned income exclusion is $99,960

Explanation:

The calculation of the Mio's foreign earned income exclusion is given below:

The foreign earned income exclusion limit for 2020 is $107,600

Now the foreign earned income exclusion depend on days equivalent to

= Foreign earned income exclusion limit × (2020 days ÷ total number of days in a year)

= $107,600 × (340 days ÷ 366 days)

= $99,960

Hence, Mio's foreign earned income exclusion is $99,960

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3 years ago

Curvilinear costs always increase: a. When management performs break-even analysis. b. When volume increases, but at a nonconsta

Ilia_Sergeevich [38]

Answer:

The correct option is : b. When volume increases, but at a nonconstant rate.

Explanation:

Curvilinear costs is a type of expense that does not increase at a constant rate with the production volume. It tends to have a sudden increase at low production volumes, then remains constant in the middle and then increases at high production volumes.

The curvilinear costs does not increase linearly with the production. Therefore, curvilinear cost is also called a nonlinear cost.

Therefore, curvilinear costs always increase at a nonconstant rate with the increase in the production volume.

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4 years ago

ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear

Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = $1 + \frac{fixed\ cost}{Profit}$

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + $\frac{7,000,000}{4,000,000}$ = 2.75

Z Tech Degree of Operating Leverage = 1 + $\frac{8,000,000}{4,000,000}$ = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

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3 years ago

Trevor’s peers were surprised when he received a promotion and suddenly became their supervisor. They thought he was rather unre

Illusion [34]

Answer: (D) Poor leader-member relations

Explanation:

In the poor leader member relationship, the member of the group are poor and the leaders focus are mainly shift away from the task in type specific group. It raises the poor conflicts and behavior in the relations of the group members.

The contingency model is one of the important business contingency theory which focus on the leadership effectiveness in the specific organization. This theory is mainly developed by the Fred fiedler.

Therefore, Option (D) is correct.

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3 years ago

Darby's company reported net income after taxes of $2,000,000, on sales of $225 million. her boss asked her to calculate the ear

Dafna1 [17]

Darby's correct response is $0.045 per share.
Because we can calculate earnings per share by taking net income after taxes and then dividing it by the total number of common shares that are issued.
Income after taxes = $2,000,000
shares = $44,000,000
Earnings per share = $2,000,000 / $44,000,000
=$2/$44
=$0.045

3 0

3 years ago