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harkovskaia [24]
4 years ago
8

Financial literacy refers to:

Business
1 answer:
fredd [130]4 years ago
5 0

Answer:

b) How well you understand and use personal finance information

Explanation:

Financial literacy involves understanding  and using financial information. When applied, a person is in a position to understand their  financial situation and possess the ability to make well informed decisions on matters relating to money. A financially literate person understands how much money comes in and how much goes out and for what purposes. All aspects of their financial wellbeing are intentional.

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Simmons sold merchandise to Drake for $5,000 with payment terms of 2/10, n/30. Two days later, Drake returned two of the units a
QveST [7]

Answer:

the discount is for 60 dollars

therefore Simmons will pay 2,940 dollar for the inventory

Explanation:

From the invoice nominal we should remove the returned goods.

nominal  5,000

returns   2,000

balance: 3,000

commercial terms: 2/10 the discount is 2% if paid within 10 days

3,000 x 2% = 60 dollars

net cash disbursements: 3,000 - 60 = 2,940 dollars

3 0
4 years ago
Which of the following outcomes is not a direct result of a market​ analysis?
uranmaximum [27]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

below are the choices that should accompanied your question above the answer is D. 

<span>a. corporate responses to changes in the business environment
b. assessment of competitors strengths
c. identification of customer needs
d. development of core competencies</span>
8 0
3 years ago
An organization whose purpose is to receive and investigate customer complaints of dishonest business practices and provide comp
bogdanovich [222]

Answer:

Better Business Bureau

Explanation:

The Better Business Bureau was founded to increase the trust of investors and other stakeholders in the profit making and non profit making organizations by fining and punishing the organization and its management involved in pursuing dishonest business practices. The organization investigates and carry on forensic audits to conclude whether or not the company was pursuing any dishonest business practices or not.

5 0
3 years ago
A single person earns a gross biweekly salary of $780 and claims 6 exemptions. how does their net pay change due to the federal
zloy xaker [14]

A single person earns a gross biweekly salary of $780 and claims 6 exemptions. their net pay changes due to the federal income tax withheld No federal income taxes are withheld. Option A. This is further explained below.

<h3>What is income tax?</h3>

Generally, The income tax is a kind of direct taxation in which the government takes a cut of a person's earnings. The federal government is obligated to collect this fee because of the Income Tax Act of 1961.

In conclusion, A person living alone might expect to earn $780 every two weeks after taking into account the six allowances that are allowed for such a situation. Their after-tax income shifts as a result of federal income tax withholding. There will be no withholding of federal income taxes.

Read more about income tax

brainly.com/question/11820552

#SPJ1

6 0
2 years ago
Carter Co. sells two products, Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data
natta225 [31]

Answer:

Variable cost per unit = $64 per unit

so correct option is b. $64

Explanation:

given data

sold Arks = 14,000 units

sold Bins = 56,000 units

products       unit selling price    unit variable cost       unit contibution            

Arks               $120                                $80                              $40

Bins                   80                                   60                                20

to find out

Carter Co.'s variable cost

solution

we get here Variable cost per unit find as

Variable cost per unit = ( Arks unit variable cost ×  sold Arks + Bins unit variable cost ×  sold Bins )  ÷ total sales

Variable cost per unit = \frac{(80*14000)+(60*56000)}{14000+56000}

Variable cost per unit = $64 per unit

so correct option is b. $64

7 0
4 years ago
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