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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!

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The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w

svp [43]

Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>

It means that the price is better than others in the market for a certain good or services.
It is lower than the average price offered by other sellers.

The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.

In conclusion, option A is correct.

Find out more on markets that allow competitive pricing at brainly.com/question/24877850.

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2 years ago

A practitioner may perform an agreed-upon procedures engagement on prospective financial statements provided that which of the f

Marat540 [252]

Answer:

Option b is correct

Explanation:

The requirement of this service is to be independently derived because the procedures vary according to needs of the parties involved in the agreement.

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4 years ago

At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The uni

amid [387]

Answer: $80

Explanation:

Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:

= Fixed cost + Variable cost

= $180000 + 540000

= $720000

Since there are 9000 units, then the unit sales price will be:

= $720000 / 9000

= $80

The unit sales price is $80

7 0

3 years ago

On January 2, 2019, Adelphi Company purchased a patent for $175,000 plus $5,000 in legal fees. On that date, the patent had a re

Vikentia [17]

Answer:

$22,500

Explanation:

Data given in the question

Purchase value of the patent = $175,000

Legal fees = $5,000

The Remaining life of the patent = 13 years

Expected using life of the patent = 8 years

So by considering the above information, the annual amortization expense for 2019 is

= (Purchase value of the patent + Legal fees incurred) ÷ (Expected using life of the patent)

= ($175,000 + $5,000) ÷ (8 years)

= $22,500

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3 years ago

What are the most important information needs that a governmental annual report should fulfill for each of the following: ______

vladimir2022 [97]

Answer:

1. Compensation for employment services that they offer.

2. Disbursement in sufficient proportions of the available funds.

3. How the government have used their tax money.

4. The ability and capacity of the government to honor debts.

Explanation:

Each stakeholder to the governmental annual report hold a different need compared to the other. Therefore it is important to pay attention to whom the financial statements speaks to. The above shows the different needs of the stakeholders to governmental annual report.

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4 years ago