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Amanda [17]
3 years ago
8

If the Potinsky household spends ​$37 comma 300 annually on all living expenses and​ long-term debt, calculate the amount recomm

ended for an emergency fund. How might household circumstances​ (e.g., wage earners in the​ household, available​ credit, and type and stability of​ employment) affect this​ decision?
Business
1 answer:
Finger [1]3 years ago
8 0

Answer:

$9,249 for three months, $18,498 for six months.

Explanation:

Experts recommend that an emergency fund should include 3 to 6 months of cash to provide for living expenses.

The Potinsky household spends $37,000 annually, therefore, it spends $3,083 monthly ($37,000 / 12).

For a three-month emergency fund = $3,083 x 3

                                                           = $9,249

For a six-month emergency fund = $3,083 x 6

                                                       = $18,498

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scoray [572]

Ingredients such as sugar and butter would be examples of variable costs.

Fixed costs are cost that remain constant no matter the amount of output. Fixed costs examples are rent, loan, salaries.

Variable costs are cost which change with a change in output as the business provides more services. Variable cost examples are cost of raw materials, commissions and so on.

Find out more at: brainly.com/question/14083670

5 0
2 years ago
Which are broad categories of action for crafting strategic moves to improve a diversified company's overall performance? (Choos
vlabodo [156]

Question Completion with Options:

O sticking closely with the existing business lineup and pursuing opportunities that those businesses present.

O Divesting certain businesses and retrenching to a narrower base of business operations.

O Widening the company's business scope by making new acquisitions in new industries.

Answer:

The broad categories of action for crafting strategic moves to improve a diversified company's overall performance are:

O sticking closely with the existing business lineup and pursuing opportunities that those businesses present.

O Divesting certain businesses and retrenching to a narrower base of business operations.

O Widening the company's business scope by making new acquisitions in new industries.

Explanation:

In addition to pursuing existing business opportunities, a diversified company can increase its performance indexes by divesting itself of certain unprofitable lines of business or slow-growth businesses and focusing its resources on cash cows and stars.  The pursuit of stars will lead it to make new acquisitions in relatively new industries in order to remain attractive to investors, otherwise, it runs the risk of growing into extinction like the historical dinosaur.

7 0
3 years ago
While Steve is cleaning out his garage, he finds an old surfboard that he no longer needs. As he walks to the dumpster to throw
ki77a [65]

Answer:

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Explanation:

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inessss [21]

Answer:

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Explanation:

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Discretionary fiscal policies can either be expansionary or contractionary

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Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes . These policies are carried out in periods of inflation when the government wants to reduce money supply in the economy

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2 years ago
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Inessa05 [86]

Answer:

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Explanation:

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