Hope this helps:
1.) Gather all your financial details. That will include all of your
bank accounts, credit cards and insurances papers - anything to do with
your personal finances. These details will be needed to start your
budget.
2.) List all sources of income. This includes salary, rental income and regular dividends and
interest.
3.) Categorise your expenses starting with your commitments - list each
item under headings such as:
* Home: mortgage or rent.
* Association and professional fees.
* Insurance: health, motor vehicle, home, contents and life
* Education costs
* Day care and child care
* Loans: car loan, student loan, bank fees and interest
* Land tax or rates.
* Other payments required as a commitment: motor vehicle licensing.
* Investment
4.) List necessities -List each item under headings:
* Food, groceries, gas (petrol), home maintenance, security.
* Utilities: gas, water, electricity, rubbish disposal, phone costs
* School lunches, household supplies, car maintenance, internet
service, dry cleaning, monthly parking.
5.) Other expenses. Personal everyday expenses covering: lunch at work,
snacks, coffee, drinks, newspapers, magazines, batteries, postage.
Family and personal allowances: parties, entertainment, weekend outings,
movies, concerts, other entertainment and events, home improvements and
decorating, magazine and other subscriptions, dining out and fast food.
Also include: clothing, hobbies, personal recreation, books, CD's,
manicures, hair care, alterations, shoe repair, personal and family
gifts, gardening, film processing, video rentals, sports and gym,
donations, computer software and other related items.
6.) Once you have all your expenses listed add the total expenses and
deduct these from your income. You will need to convert everything to
monthly or weekly. This means that bills that are paid once a year must
be divided by 12 to get the monthly figure.
7.) Do you need to tweak your budget? When you deducted the expenses from
your income was there any money left or did you find your expenses were
more than your income? If your situation is the latter you will need to
do some tweaking. The commitments cannot change. As for necessities you
may be able to cut down on food expenses and find cheaper providers of
utilities or try to save costs by being conscious of switching off
lights etc. But it is the other expenses category that has the most
capacity for tweaking as many of them are not needed and can be reduced
or cut out. Review your budget regularly to make sure it is still
working for you.
Article Source: http://EzineArticles.com/5280286
Answer:
$936.33 Million
Explanation:
Current sales = $525 millions
Growth rate = 7.5%
Number of years = 10 years
Sales after 8 year = Current sales x
Sales after 8 year = $ 525 million x
Sales after 8 year = $ 525 million x
Sales after 8 year = $ 525 million x
Sales after 8 year = $ 525 million x 1.783477826
Sales after 8 year = $ 936.33 million
Answer: There will be a shift in the demand curve to the right.
Explanation:
A booming economy is a peak phase in the business cycle when there is rapid economic expansion which results into higher GDP, higher inflation rate, lower unemployment and rising asset prices.
When investors in the stock market expects a booming economy and an increase in the prices of stocks, the demand curve will shift outwards that is, the demand curve will shift to the right. This means that investors will buy more stocks because they are expecting a price increase.
This is graphically shown below
The entire current assets are subtracted from the non-cash assets. The quantity of cash shown on the balance sheet is represented by this figure. Prior to including them in the report, add the cash and petty cash totals to simplify the balance sheet. The cash line of the balance sheet report should now reflect the combined sum.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.
A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.
Learn more about balance sheet here
brainly.com/question/1113933
#SPJ4
Answer:
Nike is the US Sportswear company, produces all of its footwear in foreign countries (mainly in China, Vietnam, and Indonesia). These countries are developing and labor is cheap there. In this way, the production is cheaper and maintain the price of their product competitive. This way, Nike follows and maintains a specific pricing strategy. Nike also follows a Cost Leadership generic business strategy to sustain a competitive advantage based on cost.
Nike also follows a competitive strategy of 'Product Differentiation', 'Focus on market Niche' and 'Strengthen customer and supplier intimacy' to improve its stand against its competitors. There is huge scope for varied market needs based on games played in different countries across the globe. Thus, there is a huge demand for Nike products outside of their national boundaries.