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FromTheMoon [43]
3 years ago
10

Financial literacy is the set of skills and knowledge needed to make __________ about money matters. A.informed decisions B.unin

formed guesses C.uninformed decisions D.informed guesses
Business
1 answer:
JulsSmile [24]3 years ago
3 0
Financial literacy is the set of skills and knowledge needed to make INFORMED DECISION about money matters.  The correct option is A.
Financial literacy refers to an education that empowers one with knowledge and understanding about how to manage money in an efficient manner. It enables one to make financial decisions that are based on facts and not emotions. Financial literacy involves acquiring skills in making appropriate financial decisions which can involve any of the following: budgeting, insuring, investing, tax planning, retirement, etc.
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The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operati
balandron [24]

Answer:

65,000 units

Explanation:

Let the number of units be sold = x

Operating Income= Sales- Variable cost – Fixed Cost

Operating Income = 40x - 24x - 560,000

Operating Income = 16x - 560,000

Return on Investment = Operating Income / Net Operating Assets  

16% = (16x - 560,000  )/ 3,000,000

480,000 = 16x - 560,000

16x = 480,000 + 560,000

16x = 1,040,000

x = 65,000 units

5 0
4 years ago
An example of _____ is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of
WINSTONCH [101]

An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.

<h3>What is blockbusting?</h3>

blockbusting can be regarded as the act of profiteering through  inducing property owners to sell hastily  which do occur at a loss by appeals to fears of depressed values.

In this case, An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.

Learn more about blockbusting on:

brainly.com/question/24452126

#SPJ1

4 0
2 years ago
You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that
insens350 [35]

Answer:

The correct solution is "6.09%".

Explanation:

Given:

Nominal rate,

= 6%

or,

= 0.06

As we know,

⇒ EAR = [(1+\frac{APR}{m} )^m]-1

By substituting the values, we get

             =[(1+\frac{0.06}{2} )^2]-1  

             =[(1+0.03 )^2]-1

             =1.0609-1

             =6.09 (%)  

3 0
3 years ago
Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
Ivenika [448]

Answer:

c) $110,000

Explanation:

The computation of the borrowing amount is shown below:

= Value of home × given percentage - current mortgage amount

= $200,000 × 80% - $50,000

= $160,000 - $50,000

= $110,000

For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.

Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.

7 0
3 years ago
In the argument for why perfect competition is allocatively efficient, the price that people are willing to pay represents the g
Alina [70]

Answer:

There are some indirect social costs that are included in marginal cost of firms. such as climate change due to green house gas emission, pollution, systemic risk (risk that banking system takes). These costs impose negative effect on economy and are not directly borne by consumer or producer.  

There are some indirect social gains that are not included in price paid for good, such as driving an electric vehicle, improved education, fire proof homes, construction and operations of public goods like parks, street lights. These benefits impose positive effect on economy and are n directly borne by consumer or producer.  

4 0
3 years ago
Read 2 more answers
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