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3 years ago

In one or two sentences, describe the benefits of having a budget.

Business

1 answer:

Allisa [31]3 years ago

5 0

Having a budge lets you have control over your money. It keeps you focused on goals, and helps avoid spending.

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John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most

lions [1.4K]

For the answer to the question above asking, w<span>hich is the most cost effective way for John to buy a house in the suburbs? I think the answer here is that he should </span><span>Break his lease once he has bought the perfect home.</span>

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3 years ago

Read 2 more answers

What is exporting?<br> ..........

serg [7]

Answer:

business owners or even countries who sell thier goods to others

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3 years ago

jillian currently has $500 in an account with an annual rate of return of 4.3%. she has set a goal to travel and would like to h

Alchen [17]

Jillian currently has $500 in an account with an annual rate of return of 4.3%.She needs to save $46.07 each month for the trip to Hawaii

The $500 in her account will grow to =500*(1+0.043)^4 = 591.71

So she has to save 3000-591.71 = 2,408.29

The 2,408.29 becomes the FV and we have to calculate the PMT with a monthly rate of 0.043/12 and nper = 4*12 =48. We use the PMT function of excel

So she needs to save each month =PMT(rate,nper,pv,fv) in excel = PMT(0.043/12,48,0,2408.29) = 46.07

So she needs to save $46.07 each month for the trip to Hawaii

Rate of return is a profit on funding. It accommodates any trade in value of the investment, and/or cash flows which the investor gets from that funding, which include interest payments, coupons, coins dividends, inventory dividends or the payoff from a spinoff or based product.

Learn more about rate of return here:brainly.com/question/24301559
#SPJ4

5 0

2 years ago

What is the weighted average cost of capital after taxes for Moss Diet Centers if the target weights are 25% equity and 75% debt

sammy [17]

Answer:

WACC is 12.8%

Explanation:

<em>The weighted average cost of capital (WAAC) is the average cost of all the various sources of long-term finance used by a business weighted according to the proportion which each source of finance bears to the the entire pool of fund. </em>

To calculate the weighted average cost of capital, follow the steps below:

Step 1: Calculate cost of individual source of finance(this is already given)

Cost of Equity= 15%

After-tax cost of debt = (1- T) × before-tax cost of debt =12%

Step 2 : calculate the proportion or weight of the individual source of finance . (This already given)

Equity = 25%

Debt= 75%

Step 3; Work out weighted average cost of capital (WACC)

WACC = ( 15%× 25%) + ( 12%× 75%)

= 12.75%

WACC is 12.8%

4 0

3 years ago

In a cohesive group, group members have a degree of dependence on the group. A. True B. False

guajiro [1.7K]

It is true that members in a cohesive group have a degree of dependence on the group.

<h3>What is cohesive group?</h3>

A cohesive group is one whose members are very positive in their feeling towards the group and are strongly motivated to retain their membership in the group.

There cannot be group cohesion if the members do not wish to belong to the group or do not find the motivation to belong to the group.

Hence, It is true that members in a cohesive group have a degree of dependence on the group.

Learn more about cohesive group here : brainly.com/question/21837802

8 0

2 years ago