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geniusboy [140]
3 years ago
15

2 reasons why it is important to learn how to use a budget

Business
1 answer:
My name is Ann [436]3 years ago
5 0
 1) So you don't go over your limit 
2) learn how to not spend your money all at one tme
You might be interested in
In the financial year 2016, for every $100 in revenues, Microsoft earned $21.5 in profit, while Apple earned $20.6 in profit. Th
melomori [17]

Answer:

d. Microsoft's return on revenue was higher than that of Apple

Explanation:

Provided information

Revenues = $100

Microsoft profit = $21.5

Apple earned = $20.6

By using the above information, we can easily compute the return on revenues.

As we can see that Microsoft has earned more profit i.e $21.5 then Apple i.e $20.6 which reflects that Microsoft has higher return on revenue than Apple

5 0
3 years ago
Julio purchased a stock one year ago for $27. The stock is now worth $32, and the total return to Julio for owning the stock was
alukav5142 [94]

Answer:

$5

Explanation:

Data provided are as follows

Purchase price of stock one year ago = $27

Now stock price= $32

Total return percentage = 37%

So, The computation of the dollar amount of dividend is:

= Purchase price of stock one year ago × Total return percentage - difference in stock price

= $27 × 37% - $5

= $10 - $5

= $5

The difference would be

= $32 - $27

= $5

3 0
3 years ago
For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result
bearhunter [10]

Answer:

b. inelastic

c. Yes - it decreased

Explanation:

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

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

= -2/4 = -0.5

The absolute value is 0.5

If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.

Demand is inelastic if a change in price has no effect on quantity demanded .

We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.

I hope my answer helps you

7 0
3 years ago
h. After a promising start, Mercosur, the major Latin American trade agreement, has faltered and made little progress since 2000
Scilla [17]

Answer:

idk

Explanation:

5 0
3 years ago
Sergio gets a haircut from Amelia and writes a check to pay for it. In this transaction, the drawee is: a. the bank on which the
Verizon [17]

Answer: the bank on which the check is drawn because it must pay the check. (A)

Explanation:

A Drawee is a banking and legal term that is used to describe the party which has been directed by the depositor to pay a certain amount of money to the person who is presenting the draft or check or draft.

A typical example is if when someone is cashing a paycheck. The drawer is the bank that cashes the person's check, the drawer is the employer or person who wrote the check, and the person cashing the check is the payee.

7 0
3 years ago
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