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Basile [38]
3 years ago
15

Danny is working to provide food, clothing, and shelter for his family. This is an example of which function of a family?

Business
1 answer:
tester [92]3 years ago
4 0

Explanation:

Danny is working to provide food, clothing and shelter for his family. These are the basic necessities of life that a person provides to his family. It involves the financial function of a family. Buying food, clothing and shelter for a person's family involves money. A person strives to earn money for his family to fulfill his family's needs of food, clothing and shelter. According to Maslow's hierarchy of needs, Food and clothing comes under the physiological needs level. Then comes the shelter, which comes under the safety needs.  These both levels make the Basic needs of a person. Meeting the basic needs of the family comes under the financial function.

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7. What is supply and demand? Give me an example of a supply and demand currently?
Marysya12 [62]

Answer:

Supplier sells the goods at various prices, depending on how much consumers want it, and at the rate that the goods are being sold.

For example, now, during the pandemic,  face masks are now in very very high demand. Due to this, suppliers has now increased the price of the face masks, as to take advantage of the current situation

4 0
3 years ago
The manufacturing operations of a company had the following balances for the year: Beginning Balance Ending Balance Raw material
Mekhanik [1.2K]

Answer:

The Adjusted Cost of Goods Sold for the year is $926,000

Explanation:

The formula to compute COGS is:

Ending inventory = Opening inventory + Work in progress - Unadjusted COGS (Cost of Goods Sold)

$ 23,000 = $28,000 + 918,000 - COGS

COGS = $946,000 - $23,000

           = $ 923,000

The formula to compute the Adjusted Cost of Goods Sold is:

Adjusted Cost of Goods Sold = Unadjusted Cost of Goods Sold + Under- applied overhead

= $923,000 + $3,000

= $926,000

3 0
3 years ago
Your daughter will start college one year from today, at which time the first tuition payment of \$58,000$58,000 must be made. A
Ierofanga [76]

Answer: I'll need $2,14,309.02 in my savings account in order to make tuition payments over the next four years.

We follow these steps in order to arrive at the answer:

In this question, we need to take into account that we need to pay 35% as taxes on interest earned.

So even though the interest rate on the deposit is 5%, only 1 - 35% = 65% will be available for use.

Hence, effectively the deposit will only earn 0.05*0.65 = 0.0325\\ or 3.25% interest after taxes.

We'll compute the the Present Value of the annuity of 58,000 for four years at 3.25% interest in order to determine the amount that is needed today.

The Present Value of an Annuity formula is

\mathbf{PV_{Annuity}= PMT\left ( \frac{1 -(1+r)^{-n}}{r} \right )}

Substituting the values in the equation above we get,

PV_{Annuity}= 58,000\left (\frac{1 -(1.0325)^{-4}}{0.0325} \right )

PV_{Annuity}= 58,000\left (\frac{ 0.12008695 }{0.0325} \right )

\mathbf{PV_{Annuity}= 58,000 * 3.69 = 2,14,309.02}

3 0
3 years ago
Jung believed that dreams and "visions"
tatiyna

Answer:

The Correct Option is C.

Explanation:

Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.

So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.

6 0
3 years ago
You are planning to save for retirement over the next 25 years. To do this, you will invest $820 per month in a stock account an
alina1380 [7]

Answer:

The withdraw amount is "11,227.42".

Explanation:

The given values are:

In stock account,

PMT = $820

Interest rate = \frac{10.2 \ percent}{12}

N = 300

PV = 0

In Bond account,

PMT = $420

Interest rate = \frac{6.2 \ percent}{12}

N = 300

PV = 0

Now,

By using the FV (Future value) function, the value in Stock account will be:

= FV(rate,nper,pmt,[pv],[type])

= 1,125,795.30

By using the FV (Future value) function, the value in Stock account will be:

= FV(rate,nper,pmt,[pv],[type])

= 300,181.3321

After 25 years,

The value throughout the account, will be:

= 300,181.3321 + 1,125,795.30

= 1,425,976.63

By using the PMT function, we can find the with drawling amount. The amount will be:

= PMT(rate, nper, pv, [fv], [type])

= 11,227.42

4 0
2 years ago
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