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skelet666 [1.2K]
3 years ago
9

Money management refers to:

Business
2 answers:
kondor19780726 [428]3 years ago
8 0
Answer:


Day-to-day financial



Explanation:
Nikitich [7]3 years ago
4 0

Answer:

The correct answer would be B, Day to Day Financial Activities.

Explanation:

In simple words, money management is the process of managing your money in day to day activities. Management of Money involves keeping track or record of expenses, investing your money, involvement of bank transactions, taxes deductions, savings, etc. When a person is involved in day to day financial activities, he is actually involved in Money Management. Money management is simply how a person uses his capital and manages it efficiently. To manage your money, you must have some core skills like being a conscious customer, make budgets, balance your check book, make savings to invest somewhere, etc.

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Svetach [21]

Answer:

2 years

Explanation:

Payback can be calculated by identifying net savings of employing this new system.

Net savings = Savings from reduced labor costs - Annual license and maintenance fee

Net Savings = (35,000 * 3) - 25,000 = $80,000 saving / year

Initial outlay = $160,000

Payback = initial outlay / savings per year = 160000 / 80000 = 2 years

So it takes 2 years to recover the initial outlay.

Hope that helps.

7 0
4 years ago
A local car insurance company advertises their products with television commercials. during those spots, there are flashy lights
pashok25 [27]
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4 years ago
Rick lost his job as a logistics and distribution coordinator nearly three years ago. after a long and failed​ search, rick fina
d1i1m1o1n [39]
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7 0
3 years ago
Why are sweatshops unethical
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3 years ago
The rest-a-lot chair company manufacturers a standard recliner. during february, the firm's assembly department started producti
MAVERICK [17]

Calculation of the Cost of Goods Transferred Out During February:

Units that were started during February were completed during February = 75,000 - 10,000 = 65,000

Equivalent units for conversion costs during February = (15,000 x 0.7) + 65,000 + 10,000 (0.8) = 83,500

The amount of direct materials cost assigned to ending work-in-process inventory at the end of February = $168,000/75,000 = $2.24 x 10,000 = $22,400

<span><span>The Costs of Beginning Inventory ($24,000 + $35,000)$59,000
</span><span>
Direct Materials ($2.24 * 65,000)$145,600
</span><span>
Conversion Costs [$278,000/(10,500 + 8,000 + 65,000)] x 65,000$216,450
</span><span>
FG beginning inventory (15,000 x 0.7 x 3.33)$34,965
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Total Costs of Goods$456,015</span></span>

Therefore, the Total Cost of Goods Transferred Out During February is $456,015

8 0
3 years ago
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