All categories

3 years ago

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!

You might be interested in

What are the "flows" within a supply chain, and why are they important?

ZanzabumX [31]

Answer:

Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

Explanation:

7 0

2 years ago

Boats R Us requires $800,000 in financing over the next 2 years. The firm can borrow the funds for 2 years at 12% interest per y

a_sh-v [17]

Answer: Short term is less costly

Explanation:

Total interest cost under long term financing = 800,000 × 12% × 2

= 800000 × 0.12 × 2

= $192,000

Total interest cost under short term financing = (800,000 × 7% ×1)+ (800,000 × 13.95% × 1) =

= (800000×0.07×1) + (800,000×0.139×1)

= $167,600

Based on the above solution, Short term financing is less costly.

4 0

3 years ago

( b ) explain five circumstances under which a high population growth may be desirable

statuscvo [17]

Answer:

There is a need to increase the demand in market for both goods and services.

There is a need to attract foreign investors

As societies modernize, mortality rates fall while birth rates remain high leading to high population growth rates.

Higher population growth may be beneficial in high-income countries where there is currently a tendency for population growth rates to decline

Development in agriculture, better techniques to grow more and better quality food. Food available at all the times due to better storage conditions. So people do not die of starvation when food is not available.

Explanation:

7 0

2 years ago

The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:Beginning Endin

LenKa [72]

Answer:

Raw materials purchased = $111,000

Explanation:

given data

Beginning Ending

Raw materials inventory $47,000 $50,000

Finished goods 58,000 50,000

raw materials use manufacturing = $108,000

solution

we get here Raw materials purchased that is express as

Raw materials purchased + beginning raw material = ending Raw materials + Raw materials used ...................1

put here value and we get

Raw materials purchased = $50,000 + $108,000 - $47,000

Raw materials purchased = $111,000

6 0

3 years ago

Without creating a separate business organization, Reynold starts up and assumes the financial risk of, Sole Savers, a new, pre-

dexar [7]

Answer:

C: a franchisee

Explanation:

One of the responsibilities of a franchisee is to bear risk of the franchisor.

A franchise is a business relationship where a firm goes into agreement with another firm to represent the former in another geographical region or service. The franchisor is the parent company while the franchisee is the independent agent.

5 0

3 years ago