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3 years ago

Select one of the statements about financial literacy that are not true.

Business

2 answers:

aleksley [76]3 years ago

8 0

All of the answers need to be selected.

wolverine [178]3 years ago

4 0

One reason to become financially literate is to make you rich.

Financial literacy, though extremely valuable, will not necessarily make you rich. Financial literacy is a tool for helping you make more more informed, more accurate financial decisions, which may save you money and will increase your knowledge of money and other financial topics. It may not increase your wealth to make you rich because this depends on a number of other factors, independent of the tools and resources provided by financial literacy.

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Four degrees of competition

Neko [114]

Answer:

There are four types of competition in a free market system:

perfect competition
monopolistic competition
oligopoly
monopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

4 0

3 years ago

At the end of the prior year, Doubtful Inc. had a deferred tax asset of $18,500,000 attributable to its only timing difference,

iren [92.7K]

Answer:

Journal entries to record Doubtful's income tax expense for the current year.

No Account titles and Explanation Debit'$ Credit'$

1 Income tax expense 8,945,000

Deferred tax asset 3,800,000

[(42,000,000*35%) - 18,500,000]

Income taxes payable 5,145,000

[(14,700,000*35%)]

(To record tax expenses)

2 Income tax expense 1,270,000

Valuation allowance - deferred tax asset 1,270,000

(3,730,000 - 5,000,000

(To record valuation allowance)

7 0

3 years ago

Debts and obligations of a business are referred to as:.

sertanlavr [38]

Answer:

Liabilities

Explanation:

Liabilities are the debts and obligations that a business owes.

4 0

2 years ago

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders

VashaNatasha [74]

Answer:

The value of a right is $1

Explanation:

10 rights are needed to buy 1 share at the price of $19

Value of total rights = $29 - $19 =$10

Value of a right = $\frac{10}{10}$ = $1

4 0

3 years ago

Biozone provides its employees career counseling, skills workshops, and networking sessions. This work-life initiative used by B

gayaneshka [121]

Answer:

C) information based strategies

Explanation:

Based on the information provided within the question it seems that this work-life initiative used by Biozone falls under the category of information based strategies. These are strategies that focus on improving employee work flow and efficiency by providing them with benefits and activities that increase their knowledge base, such as skills workshops and networking sessions that can lead to good work relationships with people in the same industry to rely upon.

5 0

3 years ago