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ollegr [7]
3 years ago
5

What is the advantage to spending less money than is earned?

Business
2 answers:
tamaranim1 [39]3 years ago
8 0
Pretty much saving up money. if you can save up enough you can treat yourself later in life
denpristay [2]3 years ago
8 0
Hi there!

When you're spending less money than what you've earned, you can save the extra money (that you could have spent) for later. You'll also have more money overall, and make a profit. 

Hope this helps!
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Sam, a change manager, has many competencies. One particular strength is his ability to gather meaningful data through interview
Slav-nsk [51]

Answer: Diagnostic

Explanation:

Diagnostic skills is the ability of an individual to be able to identify a certain problem, define it, analyze it and seek solutions to it.

Witg regards to the information, this is a type of skill whereby the manager collects, and then analyzed the data available to him or her.

4 0
3 years ago
On June 1, Edward visited a bicycle sales and service center. Edward spotted a used bike he liked and was told by the dealer tha
Salsk061 [2.6K]

Answer:

"Yes" will be the correct response.

Explanation:

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3 years ago
On January 1, 2021, Canseco Plumbing Fixtures purchased equipment for $40,000. Residual value at the end of an estimated 7 year
Degger [83]

Answer:

Part a

2021  = $7,000

2022  = $6,000

Part b

2021  = $5,250

Explanation:

Sum of the year`s digit method provide for higher depreciation in early life of the asset with lower depreciation in later years.

Step 1

<em>Some of digits calculation :</em>

Year      Digits

2021        7

2022       6

2023       5

2024       4

2025       3

2026       2

2027        1

Total      28

Step 2

<em>Determine the depreciable amount</em>

Depreciable amount = Cost - Residual value

                                   = $40,000 - $12,000

                                   = $28,000

Step 3

<em>Depreciation expense calculations</em>

2021 = 7 / 28 x $28,000 = $7,000

2022 = 6/ 28 x $28,000 = $6,000

assuming the equipment was purchased on March 31, 2021

2021 = $7,000 x 9/12 = $5,250

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3 years ago
Compared to commercial banks, finance companies usually signal solvency and safety concerns by
Oduvanchick [21]
Compared to commercial banks, finance companies usually signal solvency and safety concerns by holding higher capital-asset ratio


7 0
3 years ago
Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
luda_lava [24]
Yes, basically I have no Idea what you talking about. I heard that if you answer questions you can ask more. thanks.
6 0
3 years ago
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