Some of the things which a person can do to adjust his spendings on a budget are:
- Reduce spending habits
- Make more money to finance the new purchases.
<h3>What is a Budget?</h3>
This refers to a financial plan where a person has made different allocations as to where certain monies would go to to avoid impulse spending.
With this in mind, we can see that if a person is spending too much, in a particular category, then he would have to either reduce spending or make more money.
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Answer:
c. 25 percent.
Explanation:
The computation of the reserve requirement percentage is shown below:
Given that
Deposits made = $8,000
Loans = $6,000
So the required reserve is
= deposits made - loans
= $8,000 - $6,000
= $2,000
Now the required reserve is
= $2,000 ÷ $8,000
= 25%
Hence, the correct option is c. 25 percent
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
A.IM presents the possibility of privileged information being discussed in public forums.
B.IM can be an additional workplace distraction that keeps employees from focusing on tasks.
Explanation: IM(instant messaging) is a kind of Communication channel or platform that allows you to create Private chartroom with others such as your colleagues. Instant messaging alerts you to inform you that someone in your connections is available online to chat if need be you will enter into a chat Section with him or her,instant messaging is a text based Communication platform.
Answer:
$88,000
Explanation:
Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2
First step is to determine the bargain element
Bargain Element=$25 per share-$10per share
Bargain Element=$15 per share
Now let determine the amount of compensation
Using this formula
Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)
Let plug in the formula
Compensation=$60,000+$13,000+($100 shares*$15 per share)
Compensation=$60,000+$13,000+$15,000
Compensation=$88,000
Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000
Answer:
Revenue for Smart Suiting is $521,306.
Explanation:
Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.
