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3 years ago

1. Spending plans are decisions about how you spend your allowance. True / False

Business

2 answers:

Arte-miy333 [17]3 years ago

6 0

Answer:

True

Explanation:

When you have an amount of money allotted to you its good to come up with a plan on how to spend it efficiently.

Svetlanka [38]3 years ago

6 0

True. When you are given any amount of money you can get a spending plan

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You're trying to save to buy a new $220,000 Ferrari. You have $33,000 today that can be invested at your bank. The bank pays 4.0

Flura [38]

Answer:

The answer is 48.37

Explanation:

Future value (FV) = $220,000

Present value(PV) = $33,000

Interest rate(i) = 4 percent.

Number of years(N)= ?

Using the Texas BA II Plus financial calculator:

FV = 220,000; PV = - 33,000; I/Y= 4;

CPT N= 48.37

Therefore, the number of years is 48.37 years. It will take him 48.37 years to invest $33,000 today at a 4 percent rate in order to buy the car at a cost of $220,000

3 0

3 years ago

A business made some changes to its processes, and its productivity increased by 25%. If it previously was able to produce 10, 0

iVinArrow [24]

Answer:

D. 25,000

Explanation:

Initially, with an investment of $8,000, the business was able to produce 10,000 units of products.

Changes were made and productivity increased by 25%.

25% of 10,000 = 25/100 x 10,000 = 2,500 units

Which means with an investment of $8,000, 12,500 units of products can now be produced.

<u>Now, the business doubled its investment. This means that the units of products produced will also doubled:</u>

12,500 x 2 = 25,000 units.

<em>Hence, the correct option is </em><em>D.</em>

6 0

4 years ago

Read 2 more answers

The information below relates to the Cash account in the ledger of Novak Company.

VLD [36.1K]

Answer:

A) account reconciliation

Bank account reconciliation:

Bank account balance $16,682

+ deposits in transit $4,580

- outstanding checks $2,513

reconciled bank account $18,749

Cash account reconciliation:

Cash account balance $17,664

+ Note collected $1,660

+ Interest revenue $52

- NSF check (R. Nance) $555

- Bank fees (safety deposit box rent) $72

reconciled cash account $18,749

B) Adjusting entries

September 30, NSF check

Dr Accounts receivable 555

Cr Cash 555

September 30, collection of notes receivable

Dr Cash 1,660

Cr Notes receivable 1,623

Cr Interest revenue 37

4 0

3 years ago

Because saudi arabia and australia have ____, saudi arabia can specialize in the production of crude oil and petroleum products,

Helga [31]

Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool

<h3>What is government?</h3>

Government can be defined as a group of people with the authority to govern a country.

So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool

Learn more about government:

brainly.com/question/18464634

#SPJ4

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2 years ago

Which company is most exposed to the ups and downs of the aircraft engine industry? a) General Electric b) MTU Aero Engines c) U

Mrac [35]

I think it’s b but I can’t garauntee I’m sorry

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3 years ago