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liubo4ka [24]
3 years ago
11

The set of skills and knowledge needed to make informed decision about money matters is called

Business
2 answers:
emmasim [6.3K]3 years ago
8 0
Financial literacy
apexxxxxxxxxxx
Nutka1998 [239]3 years ago
4 0

Answer:

The correct answer is financial literacy.

Explanation:

 Financial literacy are the abilities and skills of understanding or education that an individual possesses in financial areas, which will allow him to make good decisions regarding the financial resources he possesses.

<u>The individual must be instructed</u> as to what is necessary to rearrange a budget, keep track of the expenses he makes, pay his debts, etc., and thus be able to achieve financial stability. All this will be done through financial education.

<u>Having education in this field will prevent a person from facing different scams, abusive loans, mortgages or poor decision making.</u>

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This type of interest is the most desirable.
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semiannually

Explanation:

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Late on summer clothing store managers realize they have many more bathing suits in stock than they can normally expect to sell
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They would opt to have a sale of bathing suits. They would offer discount from the original price of the bathing suit. In this way, the suits will be bought because its cheaper than before. 

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2 years ago
Bob is evaluating a bond issue to determine the right price for the bond. In his evaluation, he gathers the following informatio
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Answer:

The price of the bond is $1000. Thus, option a is the correct answer.

Explanation:

The price of a bond is calculated using the present value of the interest payments made by the bond, which is in the form of an annuity, plus the present value of the face value of the bond. The present value is calculated by discounting the annuity of interest and the face value by the YTM or yield to maturity. In case YTM is not provided, we assume that it is same as or equal to the coupon rate paid by the bond.

The formula for the price of the bond is attached.

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5 0
3 years ago
A large-scale bakery is laying out a new production process for its packaged bread, which it sells to several grocery chains. It
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Answer:

840 breads size oven.

Explanation:

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Inventory = flow rate × flow time

Inventory (I) is the number of flow units that are currently handled by a business process.

I= unknown

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Flow time (T) is the amount of time a flow unit spends in a business process from beginning to end.

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Therefore, for the company to produce 4200 breads per minute, 840 breads size oven is required.

4 0
3 years ago
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