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salantis [7]
4 years ago
8

After consulting the Web links above, or a book at the library or talking with your parents, why do you think it is important to

plan expenditures carefully?
Business
2 answers:
Vladimir79 [104]4 years ago
8 0

Answer:

Saving is like adding up all your money to get something like a car. Saving also usually doesn't come with any risk at all. Saving also doesn't normally make much money either like a really low-interest rate. It can be accessed really easy to when you need it. Investing is taking your money and putting it into something that hopefully makes you more money. Investing has a bigger interest rate than saving. Investing though can also be extremely risky and you could lose a lot. It sometimes is also very hard to access to get your money. Altogether though in my opinion if you are young I would say invest your money cause you can always make it back. If you are older I say stick with saving so you have enough to retire on. Hope this helps :) -Zach

Explanation:

BabaBlast [244]4 years ago
6 0
It is very important to plan expenditures carefully so that you will know your potential expenses and you can make any adjustments. This is also another way to monitor your expenditures so that you will know where and what you have spent the money with. Any errors or mistakes in the planning would be easily detected. Other than that, this would also allow you to concentrate in saving.
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Rory’s company sells laptop computers for $700 and high-end desktop computers for $1,800. The variable costs for the laptops tot
EastWind [94]

Answer:

The weighted-average unit contribution margin is $610

Explanation:

Hi, first we need to find the contribution margin for each line of product. This is as follows.

Laptops

Price-Var.Cost= Contrib.Margin

700-300=400

Desktops

1,800-700=1,100

Now, the weighted-average unit contribution margin is as follows.

Contrib.Margin(Laptops)*Percent(Laptops)+Contrib.Margin(DeskT)*Percent(DeskT)

1,100*0.3+400*0.7=610

So, the weighted-average unit contribution margin for this company is $610

Best of luck

5 0
3 years ago
The don't bite me pest control company has 11,400 gallons of insecticide supplies on hand that cost $342,000; a bill from the ve
Pie
$342,000

 Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.


3 0
3 years ago
ou believe that you can earn 2% more on your portfolio if you engage in full-time stock research. However, the additional tradin
oksian1 [2.3K]

Answer:

C. $12,000

Explanation:

additional earnigns for active management:

800,000 x 0.02% = 16,000

<em><u>expected  </u></em>active management cost:

800,000 x 0.5% = 4,000

net gain: 12,000

At most, we can spend 12,000 dollars.

Up to this point, the expense are cover by the additional return. bove this threshold the fund will incur in losses from the active management

8 0
3 years ago
J. Pitner Clothing is a medium-size specialty men's and women's clothing store in a market with many other specialty stores, dep
rjkz [21]

Answer: True - Monopolistic competition

Explanation:

The monopolistic competition is one of the type of imperfect competition in which the various types of industries selling the products and the services that is basically differentiated from others.

In the monopolistic competitors, the different types of decision taken by an organizations are not directly affecting the other competitors in the market.

 According to the question, the J. Pitner's is basically refers to the monopolistic competition in the given competitive environment as it helps in establishing the reputation by offering the various types of high quality services.        

 Therefore, Monopolistic competition is the correct answer.

5 0
3 years ago
On December 31, 2019 a company’s Accounts Receivable balance was $440,000. During the year the company recorded credit sales of
Semenov [28]

Answer: Option C - Assets are Overstated; No effects on liabilities: Equity is Overstated

Explanation:

When Bad debts are recorded, they will reduce the Accounts Receivable account because less money will be expected from debtors. Accounts Receivable is an asset account so it will be Overstated if bad debts are not recorded.

Equity will also be overstated because bad debts is an expense that is sent to the Income statement. If this expense is not deducted, the net income will be larger than it should be and when added to Equity it will overstate it.

6 0
3 years ago
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