1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dsp73
3 years ago
7

You need to have an emergency fund that can cover____months of your fixed expences.

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
4 0
The answer is C hope it helps 
You might be interested in
Splish Corporation reported the following for 2020: net sales $1,242,800, cost of goods sold $737,700, selling and administrativ
tester [92]

Answer:

1. $192,200

2. $192,200

Explanation:

1. Preparation for the statement of comprehensive income using the one statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the one statement format will be $192,200

2. Preparation a statement of comprehensive income using the two statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Comprehensive Income

Net Income $175,600

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the two statement format will be $192,200

8 0
3 years ago
Bought goods<br> for<br> cash $100<br> to double<br> entry system.
aalyn [17]
Purchases account is going to increase on the credit side and the cash account is going to decrease ( to be written on the credit side).
3 0
3 years ago
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calcula
Tamiku [17]

Answer:

1

Unitary elastic

Elasticity of demand is unitary elastic because the absolute value of elasticity is equal to 1.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Percentage change in quantity demanded = (25 - 15) / 25 = 0.4 × 100 = 40%

Percentage change in price = ($5 - $7) / $5 = 0.4 × 100 = 40%

Elasticity of demand = 40% / 40% = 1

If coefficient of elasticity is equal to 1, demand is unit elastic. It means that a change in price has an equal efect on the quantity demanded. Quantity demanded has an equal and proportional change to changes in price.

I hope my answer helps you

3 0
3 years ago
An ______ in the interest rate (r), ceteris paribus, will cause planned investment to ______.
faltersainse [42]

Answer:

An increase in the interest rate (r), ceteris paribus, will cause planned investment to decrease.

Explanation:

An increase in the interest rates determined by the Federal Reserve would imply that the American financial system would pay larger sums of money for direct investments in banks or bonds, which would stop capital investment outside the public financial system, that is, in stocks. private, real estate investments, etc., since money would be invested at a higher profit in safer sectors of the market.

7 0
3 years ago
What are key tests of controls / substantive tests for sales? what are you trying to validate? g?
drek231 [11]
<span>Tests of controls and substantive tests for sales are types of tests used in an auditing system. The auditor is attempting to validate whether or not financial statements can be legitimized or whether or not they have failed in legitimacy. Tests of controls can include examining documents, whereas substantive tests include a test that looks for mistakes in financial balances or statements.</span>
6 0
3 years ago
Other questions:
  • Business K exchanged an old asset (FMV $95,000) for a new asset (FMV $95,000). Business K’s tax basis in the old asset was $107,
    11·1 answer
  • On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of
    9·1 answer
  • The Baldwin Company currently has the following balances on their balance sheet:
    11·1 answer
  • ABC Inc. has a dividend yield equal to 3 percent and is expected to grow at a 7 percent rate for the next seven years. What is A
    14·1 answer
  • Fixed financial charges include ________. stock repurchase expense common stock dividends and bond interest expense common stock
    11·1 answer
  • george forgot to pay his monthly life insurance premium that was due march 1. the policy had a face value of $100,000. on march
    10·1 answer
  • you purchased one hundred shares of AT&amp;T stock. The company pays 20 cents per share to each share holder (That’s you!) at th
    9·1 answer
  • A loan processor who is not required to perform her duties at the direction of or subject to the supervision and instruction of
    6·1 answer
  • A convertible bond would let the investor exchange it for:____.
    5·1 answer
  • Worksheet B-Choose Stocks
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!