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3 years ago

Unnecessary debt, like debt on a credit and store charge cards, can destroy your investment opportunities.

2 answers:

8 0

I can say that the given statement above would be TRUE. What makes this statement true is that, when you have these unnecessary debts, this makes you pay more interest on your debt than you could pay for your investments, thus, ruining your investment opportunities.

grin007 [14]3 years ago

5 0

Answer: Answer is TRUE

Unnecessary debt can destroy our investment opportunities.

Explanation:

For example : It makes you pay more interest on your mortgage when you have these needless loans than you had to pay it from your savings and thus destroy your investment opportunities.

We should always avoid unnecessary debt. when we pay them without need, our savings get exhausted, so that we are not able to make new investments.

Thus the given statement is True.

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krek1111 [17]

Answer:

A shift to the right of the demand curve can be caused by any factor other than price that increases the willingless of consumers to purchase a product of service (in this case newspapers).

Two other events can result in a shift to the right of the demand curve for newspapers:

Local elections are held in Baltimore - when local elections are held, people become more interested in following local news in order to decide their vote, therefore, they are willing to purchase more newspapers.
A dramatic event occurs in Baltimore - it could be a natural disaster, a massacre, or an economic crisis, if things become too far from normal, people will want to learn about what is happening, and will look out for information in newspapers.

8 0

3 years ago

Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represe

Shkiper50 [21]

Answer:

A) 500 = 2F + 100S.

Explanation:

A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.

I hope my answer helps you.

4 0

3 years ago

The inventory of Bramble Company on December 31, 2020, consists of the following items. Part Quantity Cost per Unit Net Realizab

Brrunno [24]

Answer:

$462,562

Explanation:

Lower of Cost and Net Realizable Value (LCNRV) records ending inventory at the lowest between purchase costs or net realizable value.

Part Q Cost per Unit Net RV Total

110 620 $121.00 $127.00 $75,020

111 1,080 $76.20 $66.00 $71,280

112 540 $101.60 $97.00 $52,380

113 220 $215.90 $228.60 $47,498

120 440 $260.00 $264.00 $114,400

121 1,400 $20.00 $1.00 $1,400

122 330 $304.80 $298.00 $100,584

Total $462,562

6 0

3 years ago

Of the following, which is NOT a cultural aspect of doing business in Korea? a. Younger brothers and sisters are not allowed to

andre [41]

Answer:

B. Business card etiquette is the most important aspect of closing the deal

Explanation:

6 0

3 years ago

Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $66

Allisa [31]

Answer:

Flip's taxable income for the current year is $2,10,000.

Explanation:

Given information:

Advertising Expenses = $50,000

Cost of Goods Sold = $660,000

Other Operating Expenses = $390,000

Sales = $1,830,000

Wages and Salaries = $520,000

Capital Gain = $15,000

The formula for taxable income is

Taxable income for corporation = Gross Sales - cost of goods sold - operating expense - Interest expense - Tax deduction/ credit

Where,

Operating expense = Advertising Expenses + Wages and Salaries + Other Operating Expenses

Using this formula we get

$\text{Taxable income for corporation}=1830000-660000-(390000+520000+50000)$

$\text{Taxable income for corporation}=210000$

Therefore, Flip's taxable income for the current year is $2,10,000.

7 0

4 years ago