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Grace [21]
3 years ago
13

Americans spend the largest portion of their budget on _____

Business
1 answer:
raketka [301]3 years ago
7 0
Answer - Housing
  Americans' biggest expense is on housing. Low income families actually exhaust more proportionately on their shelter than high income families. Generally speaking, the average American family spends roughly one third of their annual budget on securing a roof over their heads. <span>
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You might be interested in
Use the following data to calculate the cost of goods sold for the period:
PtichkaEL [24]

Answer:

The cost of goods sold for the period is:

= $250,600.

Explanation:

a) Data and Calculations:

Beginning Raw Materials Inventory                  $30,600

Ending Raw Materials Inventory                         70,600

Beginning Work in Process Inventory                40,600

Ending Work in Process Inventory                     46,600

Beginning Finished Goods Inventory                72,600

Ending Finished Goods Inventory                     68,600

Cost of Goods Manufactured for the period 246,600

To determine the cost of goods sold:

Beginning Finished Goods Inventory             $ 72,600

Cost of Goods Manufactured for the period  246,600

Cost of goods available for sale                    $319,200

Ending Finished Goods Inventory                    (68,600)

Cost of goods sold                                        $250,600

4 0
3 years ago
For some years now, you’ve owned a small specialty bookshop in a college town. You sell some textbooks but mainly cater to a bro
frutty [35]

There is a hope and there is a business strategy that might yet save the store " book selling strategy relied upon investing in, and trusting, in staff "  

Explanation:

Here is the example story of British indie bookstore owner:

In 2018 the days of the last big retail store in the United States seems to have been numbered. A decade of sales losses, traumatic lay-offs, 150 store closures, six CFOs and a 1 billion-dollar loss on its e-reader from Nook has left the company in the midst of an identity crisis.

In the recent decade, Daunt has emerged as an unexpected salvator for bookstores for large-scale businesses and is now accountable at Barnes&Noble for the rebirth of Waterston, the British retailer of about 300 branches. In a world where Amazon offer unspeakable convenience and costs, large book retailers can prosper only if they behave more like independents. His plan for recovery is based on a simple assumption.

Investment and confidence is the foundation of Daunt's bookselling strategy. "The secret to successful employers is retaining them long-term, building up careers, training them businesses."

The staff at Daunt Books know what makes customers feel like they're in a readers ' culture. They follow those principles: never prescribe more than three books at a time, so that the consumer is not frustrated. Do not just hand out your own preferences when anyone asks for a recommendation. First of all, say, "What was the last good book that you read?"It is more likely to appreciate somebody who enjoys Tana's French mysteries than the next Thomas Pynchon.

7 0
3 years ago
"The risk‐free interest rate on one‐year debt is 7 percent and the return on the market is expected to be 13 percent. A stock wi
galina1969 [7]

Answer:

Price be at the end of the year = $17.13

Explanation:

Using the capital asset pricing model we have,

E(R) = R{_f} + \beta (R{_m} - R{_f})

Where E(R) = Expected return on investment

R[tex]{_f}[tex] = Risk free rate of return = 7%

[tex]\beta[tex] = 1.2

[tex]R{_m}[tex] = Return on the market

Here we have

E(R) = 7% + 1.2(13 - 7)%

= 0.07 + 0.072 = 0.142

= 14.2%

Therefore price of share at year end = $15 + 14.2% = $17.13

That is current cost + expected return on this investment = $17.13

6 0
3 years ago
The unit of a story point is a nebulous unit of time. However, some teams use one of the following to be a story point. Group of
maxonik [38]

Answer:

The unit of a story point is a nebulous unit of time. However, some teams use one of the following to be a story point.

Ideal day or one work day.

Explanation:

Using this ideal day or one work day, therefore, a story point can be defined as a unit of time used in agile projects to measure or express some an estimate of the overall effort that will be required to fully implement a product backlog item or any other piece of work by the scrum team.  A point value is assigned to each item when estimating with story points. Each Story Point represents a normal distribution of time between 4 to 12 hours and varies between varying scrum teams.  For example, there may be 60 story points for 6 developers per 10 days.

5 0
3 years ago
What should the status of your CPT application be in order for a student to be e-verified and eligible work? Applied status Appr
tangare [24]

Answer:

The correct answer is letter "B": Issued Status.

Explanation:

Curricular Practical Training or CPT is a program where sponsor employers hire college students so they can start working mainly as trainees. These programs are provided during the school year or on summer vacation and offer part-time and full-time positions.

<em>When applicants have the "Issued Status" on their request, it means they have been electronically verified and are eligible for work.</em>

8 0
3 years ago
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