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3 years ago

I just want to know if my answer is correct

Business

1 answer:

nataly862011 [7]3 years ago

3 0

Answer:

The correct answer is letter "A": 20% of income.

Explanation:

The percentage of savings of people will directly depend on their income. Employees earning the minimum wage are likely to use the most of their salary paying bills which will give them few to no opportunity for saving. On the other hand, executives with annual income above the average have more chances to save a good percentage of the money they receive monthly according to their expenses.

However, for a person who receives an average salary that allows covering expenditure and having some free money a bank account, at least should be saving 20% of that income. Besides, according to the 50/20/30 budget rule, <em>50% of the salary should be spent on needs, 30% on wants, and 20% on savings</em>.

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Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on

Paladinen [302]

Answer:

$85 million

Explanation:

As per the given question the solution of net cash flows from operating activities using the indirect method is provided below:-

Net cash flow from operating activities = Net income + Depreciation - Gain on sale of equipment - Increase in accounts receivable - Increase in inventory + Increase in accounts payable

= $81 million + $9 million - $2 million - $3 million - $3 million + $3 million

= $93 million - $8 million

= $85 million

So, we have calculated the net cash flow from operating activities by using the above formula.

3 0

3 years ago

In the context of trend analysis, what is base amount?

o-na [289]

Answer:

The answer is "Option C".

Explanation:

Trend analysis is also an economic concept used to describe a situation wherein the market motion of a service or product, in which a company would be selling is predicted based on data in potential.

Its analysis is based on the current year's revenues, where certain conclusions can be drawn as well as how the company will develop strategies to market this service or product.

6 0

3 years ago

Whether two goods are substitutes or complements can be determined by computing the.

d1i1m1o1n [39]

Answer: cross price elasticity of demand

Explanation:

The cross price elasticity of demand measures the changes in quantity demanded of one good when the price of another good changes.

Substitute goods are goods that can be used instead of another good e.g. coke and pepsi. The cross price elasticity for substitutes is usually positive because an increase in price of one good increases the quantity demanded of the other good.

Complementary goods are goods that have to be consumed or used together. E.g. car and gas. The cross price elasticity for complementary goods are usually negative because an incease in price of one good leads to fall in the quantity demanded of the other good.

I hope my answer helps you

5 0

4 years ago

g Enchancia Inc. reported the following information at its annual meeting: The company had cash worth $3,290,558, accurals of $5

olga55 [171]

Answer:

$5,354,741

Explanation:

assets:

cash $3,290,558

inventory $2,657,360

accounts receivable $577,102

fixed assets $4,019,047

total assets = $10,544,067

liabilities:

accruals $576,944

accounts payable $2,519,541

notes payable $610,904

long-term debt $1,481,937

total liabilities = $5,189,326

equity = assets - liabilities = $10,544,067 - $5,189,326 = $5,354,741

5 0

4 years ago

________________analysis involves determining the appropriateness of training, given the company's business strategy, its resour

Andreyy89

Answer:

Organizational

Explanation:

Organisational analysis involves determining the appropriateness of training, given the company's business strategy, its resources available for training, and support by managers and peers. It is the process of evaluating systematically an organisation needs and capabilities which can give it a competitive advantage in the market. It could also be called internal analysis or company analysis.

5 0

4 years ago