Answer:
two main reasons for having a savings account:
- It can be used as a vacation fund.
- An account to pay cash for new things and cover repairs.
- Can be used as an emergency account.
Hope it helps!
Answer:
Total cash collection= $53,000
Explanation:
Giving the following information:
Sales:
February $60,000
March $50,000.
Cash:
40% of the sales are in cash.
Credit sales:
50% in the month of sale
50% in the next month
<u>Cash receipts March:</u>
Sales in cash March= (50,000*0.4)= 20,000
Sales on account March= (50,000*0.6)*0.5= 15,000
Sales on Account February= (60,000*0.6)*0.5= 18,000
Total cash collection= $53,000
Answer:
Using equation
F=P(1+i)^n
n=5
using u.s forecast i=0.05
p=$0.2
F=0.2(1+0.05)^5
F=$0.255
Using mexican forecast,we will have
i=0.08
F=$0.2938
Taking average approximate forecast=0.2938+0.255/2=$0.2744
True. Different types of tables do different types of things.
Can I please get brainliest I need it
Online, the relevant values are that she gets a marginal utility of 24 when she buys the first sundae and she gets a marginal utility of 16 when she buys, THe milkshake. It seems that the sundae is the better choice, but we also have to factor in price. Per dollar, she gets 24/6=4 marginal utility from buying her first sundae. Regarding milkshakes that cost 4 dollars, she gets 16/4=4 marginal utility per dollar. Hence, both sweets give her the same utility per dollar and thus she is indifferent between them.