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SpyIntel [72]
3 years ago
7

The Art of Getting the greatest benefits from limited Financial Resources is called

Business
2 answers:
Inessa05 [86]3 years ago
6 0
It's called living frugally. 
vazorg [7]3 years ago
5 0
I think it would be

Living frugally
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Carla has $10,000 that she would like to save for retirement.
coldgirl [10]

Answer:

higher, stocks, flunctuates, risk, bonds, interest

Explanation:

The chosen responses are the best from the options provided. First, to earn a higher long-term rate of return, stocks offer a higher interest rate than bonds and the reason being that they are riskier.

Stocks belong to the owners of an organisation and as such, they are only entitled to interest after the interests of bond owners and preference stock holders have been settled. Meaning, despite the higher rates of interest offered, it is riskier to be a stock holder than a bond holder

Bond on the other hand, are not equity or company ownership units, they represent debts that the company must pay fixed interest rates on. Although we have the convertible to stock and the non-convertible bonds. However, bonds may be safer due to the fixed interest rates that must be paid but interests are lesser than stocks and irrespective of a company's profitability, a bond holder is only entitled to the fixed interest rate unlike the stock holder who enjoys higher dividends as a result of improved profitability.

4 0
3 years ago
2 question 50 points PLUS Brainliest!
Kay [80]
  1. <em><u>Option </u></em><em><u>b </u></em>
  • <em>cuz </em><em>she's</em><em> </em><em>going </em><em>to </em><em>inform</em><em> </em><em>the </em><em>public</em><em> </em><em>about</em><em> </em><em>this </em><em>so<u> </u></em> <em>she needs to be a great public speaking </em>

2. <em><u>True</u></em>

7 0
3 years ago
Read 2 more answers
Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
Juli2301 [7.4K]

Answer:

<h2>The journal entry is shown below:</h2>

Explanation:

The journal entry for recording the establishment of the fund is as:

On September 1

Petty cash A/c.....................Dr   $250

       Cash A/c...........................Cr   $250

Being recording the petty cash in the books

As creating the fund for the petty cash in the books, the account of petty cash is debited as there is increase in the assets which is debited. And the petty cash is created against cash. Therefore, the cash account is credited.

3 0
3 years ago
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (10,000
ivann1987 [24]

Answer:

See explanation section.

Explanation:

Requirement 1

New sales volume after increasing 100 units = (10,000 + 100) = 10,100 units. The revised net operating income is calculated as follows

                           Whirly Corporation’s

               Contribution format income statement

               For the year ended December 31 20YY

Sales Revenue (10,100 × 35) = 353,500 (Note - 1)

Less: Variable expense (10,100 × 20) = 202,000 (Note - 2)

Contribution Margin = $151,500

Less: Fixed Expense  $135,000

Net Operating Income $16,500

Note 1: Sale price per unit $350,000 ÷ 10,000 = $35

Note 2: Variable expense per unit $200,000 ÷ 10,000 = $20

Requirement 2

From requirement 1 we get,

Sale price per unit = $35

Variable expense per unit = $20

New sales volume after decreasing 100 units = (10,000 - 100) = 9,900 units. The revised net operating income is calculated as follows

                            Whirly Corporation’s

               Contribution format income statement

               For the year ended December 31 20YY

Sales Revenue (9,900 × 35) = 346,500

Less: Variable expense (9,900 × 20) = 198,000

Contribution Margin = $148,500

Less: Fixed Expense  $135,000

Net Operating Income $13,500

Requirement 3

From requirement 1 we get

Sale price per unit = $35

Variable expense per unit = $20

If the sales volume is 9,000 units, the revised net operating income is calculated as follows

                         Whirly Corporation’s

               Contribution format income statement

               For the year ended December 31 20YY

Sales Revenue (9,000 × 35) = $315,000

Less: Variable expense (9,000 × 20) = $180,000

Contribution Margin = $135,000

Less: Fixed Expense  $135,000

Net Operating Income           $0

If the company sells 9000 units, there will be no loss, no profit.

8 0
3 years ago
The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-
navik [9.2K]

Answer:

Cash $10,430

Cash equivalents $20,400

Explanation:

Calculation to determine the amount reported as CASH on December 31

Using this formula

Cash = Cash in bank + Petty cash + Check from customer + money order

Let plug in the formula

Cash = $8,540 + $250 + $1,350 + $290

Cash = $10,430

Calculation to determine the amount reported as CASH EQUIVALENTS on December 31

Using this formula

Cash equivalents = Money market fund + Treasury bills

Let plug in the formula

Cash equivalents=$10,400+$10,000

Cash equivalents= $20,400

Therefore the amount reported as Cash and Cash Equivalents on December 31 are:

Cash $10,430

Cash equivalents $20,400

7 0
3 years ago
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