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prisoha [69]
3 years ago
11

Explain The stress on forbidding overspending.1-2-3-​

Business
1 answer:
kirill115 [55]3 years ago
7 0

Answer:

Explanation:

1- It starts an unhealthy cycle. Often, when you stress spend, you’re doing it to relieve stress and even bring some happiness. But it’s rather quick fix, In fact, it could cause more stress once you see you’re racking up debt. Rather than spend more, take time to actually address the problem.

2- It takes away from your financial goals. Whether you’re saving for a house, car, vacation, or retirement, you’re working toward some sort of financial goal. But, unfortunately, those dreams can often get lost amongst the shortcuts and spending sprees we go on when we’re stressed.

3- It all adds up. That car you just bought That’s $15. Or what about that burger you hurriedly grabbed for lunch the other day? That’s another $10. Maybe you’re drinking more beer than usual, and you’ve been a frequent bat customer. Even if you go on a stress-spending spree for only a few weeks, it’s definitely enough time to still wreak havoc on your finances. Just remember: small expenses add up.

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The cost for manufacturing a component used in intelligent interface converters was $23,000 the first year. The company expects
romanna [79]

Answer:

present worth = $7380

Explanation:

given data

initial cash flow = $23,000

geometric gradient = 2%

interest rate i = 10% per year

time period = 5 year

solution

we get here present worth  cost that is

present worth = initial cash flow  × \frac{1-(\frac{1+g}{1+i})^t}{1-g}    ......................1

put here value and we get

present worth =  $23,000  × \frac{1-(\frac{1+0.02}{1+0.10})^5}{1-0.02}    

present worth = $23,000  × 0.32087

present worth = $7380

3 0
3 years ago
mike has $200 in his wallet. He pays a cell phone bill of $89.50. Then he earns $125 shoveling driveways. From mike lends $15 to
denis23 [38]

Answer:

$240.50

Explanation:

200-89.50 = 110.50

110.50+125 = 235.50

235.50-15 = 220.50

220.50 + 20 = 240.50

8 0
2 years ago
Gently laser clinic purchased laser equipment for $4,445 and paid $633 down, with the remainder to be paid later. the correct en
xxMikexx [17]

Answer:

Accounts Payable $3,812 credit

<h3>Explanation:</h3>

Equipment  $4,445 debit,

Cash $633 credit,

now, $4445- $633 = $3,812

The correct entry would be $3,812.

To learn more about it, refer

to brainly.com/question/26106218

#SPJ4

5 0
2 years ago
Ozone (O3) is a gas in the earth's atmosphere. How do you know that ozone is covalently bonded and not ionically bonded?
garik1379 [7]

Answer:

The answer is below

Explanation:

A covalent bond is a type of chemical bond that occurs as a result of the sharing of electron pairs between atoms. Covalent bonds are usually formed between non metallic atoms with similar electronegativity. St room temperature, covalent bond exist as either a liquid or a gas. Example of covalent bonds are ozone (O3), water (H2O) etc.

Ozone is said to be covalent bonded because their is a sharing of electrons among the covalent atoms.

5 0
2 years ago
If the salaries of the sales staff of a manufacturing company are improperly recorded as a product cost, what will be the likely
Fynjy0 [20]

Answer:

Net Income will be overstated

Explanation:

The journal entry for salaries payable is

Salaries Expense                        Dr.

    To Cash A/C

(Being salaries paid recorded)

Salaries expense is charged to net income and the journal entry is

Net Income                                  Dr.

    To Salaries Payable

Salaries expense reduces net income as it being a deductible expenditure for a corporate.

In the given case,  salary expense has been accounted as a product cost. This would reduce the expenses and thus would overstate the net income.

5 0
3 years ago
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