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3 years ago

Personal finance skills have the most significant impact on an individual’s

Business

1 answer:

Pani-rosa [81]3 years ago

4 0

Answer:

quality of life.

Explanation:

Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.

Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.

Thus the correct answer would be 'that the person will have a quality of life.'

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What is the best thing to do to keep myself occupied?

katrin [286]

Answer

learn a new language or just do something you rarely do

Explanation:

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3 years ago

Read 2 more answers

Emily Lim owns and runs an ice cream parlor in San Diego. Last year, she had sales of $490,000 and an average tax rate of 32%. S

notka56 [123]

Answer:

1). EBIT = Sales - Expenses - Depreciation

= $490,000 -($49,000 - $24,500 - $73,500 - $98,000 - $73,500 - $49,000) - $14,700

= $490,000 - $367,500 - $14,700

= $107,800

2. Net Income = [EBIT - Interest] x [1 - t]

= ($107,800 - $24,500) *(1 - 32%)

= $83,300 * 0.68

= $56,644

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3 years ago

A company issues a callable (at par) ten-year, 6% coupon bond with annual coupon payments. The bond can be called at par in one

g100num [7]

Answer:

B) 1.92%

Explanation:

For computing the yield to maturity we need to apply the RATE formula i.e to be shown in the attachment

Given that,

Present value = $104

Future value or Face value = $100

PMT = $100 × 6% = $6

NPER = 1

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

After applying the above formula, the yield to maturity is 1.92%

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3 years ago

The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid

stiks02 [169]

Answer:

They came back home at 12 pm

Explanation:

Giving the following information:

The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter $27.50.

We need to formulate the total cost:

TC= 5*x + 7.5*y

x=5*4= 20

y=7.5*1= 7.5

TC= 5*4 + 7.5*1= $27.5

They came back home at 12 pm

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3 years ago

The Racquet Store (RS) sells franchise agreements in which it charges an up-front fee of $50,000 for assistance in setting up a

andre [41]

Answer: A- Revenue under the installment sales method, as soon as it has assisted Steffi in setting up the store.

Explanation: The installment sales method is a method of accounting accepted under the US Gaap. It is a method were revenue is recorded in instalments and the cost of sales and gross profit recognised upon the collection of the installment revenue.

It is a method of accounting used mainly by construction companies whose revenue are not received once but in installments.

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2 years ago