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2 years ago

Which is the last step in making a personal budget?

1 answer:

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The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.

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What actions do you think a multinational firm can take to limit the impact of future crises in the global financial system on t

Naddik [55]

Answer:

A Multinational Company will bound the effect of upcoming disasters within the international economic system on the flexibility of the firm to lift investment to recompense its short-run expenses and fund long run funds in the subsequent methods:

Confirm that the corporate is cost-effective and collapse resistant by differentiating into artifact parts that are pledge diurnal to the most line of the corporation. Maybe, throughout the world money crisis, the upper education phase did well as variety of dismissed wished to upgrading their abilities or re-skill themselves. College conscription enlarged throughout the world money crisis.
Expand geologically in terms of markets, provide foundations, plant positions and then on, so just in case sure economies are consuming inactive development, others will compose. Throughout the world money crisis, the expansion in China and Asian country failed to get exaggerated.
Use obligation providentially so the corporate isn't over leveraged.
Have a vigorous record and make sure that satisfactory money assets are there with the corporate to require care of adverse times.
Be complex to tuned in to international economic circumstances and appearance for early cautionary marks of an at hand crisis.

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3 years ago

Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,300 in investment expenses. T

Veseljchak [2.6K]

Answer:

$3500 is deductible

Explanation:

The question is not complete . Please see the solution below :

The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible

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3 years ago

Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,

MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

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3 years ago

Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16; direct lab

SCORPION-xisa [38]

Answer:

Selling price= $51.48

Explanation:

Giving the following information:

Direct materials $16

Direct labor $5

Variable manufacturing overhead $9

Variable selling and administrative expenses $6

To compute the total cost per unit, we will use the variable costing approach. We will only compute the variable costs.

Total cost per unit= $36

Selling price= $51.48

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2 years ago

The majority of problems Best Buy was facing have been brought about by _________________force.

babunello [35]

Answer:

External forces

Explanation:

Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.

However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.

The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.

Walmart and Amazon have been able to capture a large part of the electronics market.

Other problems like leadership scandals and inefficient processes also contributed to their problems.

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3 years ago