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3 years ago

Task 3: Budget for 25- to 30-year-old Business Professionals

Business

1 answer:

Eddi Din [679]3 years ago

3 0

Answer:

Sample Budget

Salary Income $2515

Rent expense -$900

Food and groceries -$250

Entertainment expense -$85

Shopping -$45

Birthday Party gift -$12

Transportation expense -$150

Home maintenance cost -$320

Tuition cost -$121

Net savings = $632

Explanation:

The mid aged person who is age of 25 to 30 will have different expenses. He will have to budget his monthly income and routine expenses to identify the savings. The sample budget will include different types of household expenses that a person incurs to live. He might have to budget one off expenses such as party cost, gifts etc. He will have to keep track of groceries and food expenses.

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In the fiscal year 2015–2016, Nescarto, an African country, imported goods worth $18 million and exported goods worth $20 millio

Anika [276]

Answer:

<u>Balance of payments surplus</u>

Explanation:

Balance of payments refers to a record of a country's trade position during a period.

Three components of Balance of payments are. current account, capital account and the financial account.

In the scenarios wherein a nation's exports exceed the imports, it reveals a surplus. Conversely, if imports exceed exports, it reveals a deficit.

Borrowings by a nation to fund it's deficit is regarded as an inflow in the balance of payments account.

Thus, in the given case,

Balance of payment position for the FY 2015-16 = $20 - $18 + $40 = +$42

Which indicates balance of payments surplus position.

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3 years ago

It is important that the objectives established by executives for their company must be _____, or else employees will not focus

lys-0071 [83]

Answer: Achievable

Explanation:

Executives must have an achievable objective for their employees. An objective is achievable when employees feel that it is measurable and there is a realistic chance it will be fruitful.

An achievable objective will make employees work hard towards its accomplishment but an unachievable objective will make employees loose focus as they will direct their attention towards something else.

5 0

3 years ago

Which of the following statements is CORRECT?

rusak2 [61]

Answer:

D. The constant growth model cannot be used for a zero growth stock, where the dividend is expected to remain constant over time.

Explanation:

So, we evaluate each option.

a. We discount the dividends by the required rate of return. So incorrect.

b. The dividend yield is annual dividend per share divided by stick price per share. the 5% is the growth in dividend and not the actual dividend itself. So, incorrect.

c. The constant growth is appropriate for companies whose dividend patterns are stable. Startups have multiple stage growths and this option becomes incorrect as constant growth is not applicable.

d. A zero growth stock is one where dividend remains the same. So when there is no growth in dividend, the constant growth model becomes inapplicable. So, the statement is correct.

So, here we have our correct statement and all others are incorrect.

6 0

3 years ago

6. What does "qualified" mean in the context of a workshop comment?

dimulka [17.4K]

Backed up with examples from the text

3 0

3 years ago

When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help

RideAnS [48]

Answer:

Lower reserves increase the money supply in the economy.

Banks can either keep deposits in reserves or give them out as loans.

the lower the reserve ratio, the higher the money multiplier and the higher the money supply.

Lowering the reserves can be a form of expansionary monetary policy

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = 1 / reserve requirement

Increase in value of total deposit = amount deposited / reserve requirement

Assume 100 is deposited in a bank and the reserve requirement is 10%

Increase in value of total deposit = 100 / 0.1 = 1000

Imagine that the reserve is reduced to 5%

Increase in value of total deposit = 100 / 0.05 = 2000

reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy

7 0

3 years ago