If you have a total consumption budget for each month, then at least consumption budget of between three to six months should be put in your emergency fund account to cater for financial dilemma which may occur at any time due to loss of job or other factors. After this, you can now start saving toward long term goals by saving at least 10% of your income.
Answer: the U.S. real interest rate and net exports will both rise.
Explanation: Due to the ongoing war abroad, there would be a reduction in production of goods and services in the affected countries and a rise in the production of goods and services in the safe haven country (US) leading to increased levels of export to meet the demand.
War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.
This explains why both interest rates and export both rise.
Answer:
$10,440,000
Explanation:
The computation of Total liabilities is shown below:-
Balance Sheet
Current liability
Current portion of long term debt $7,200,000
Long term liability
Notes payable $3,240,000
Total Liabilities $10,440,000
Working Note
Notes Payable = $39.6 million - $7.2 million
= $32.4 million
Answer:
i want to see the answer to this question
Answer:
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Explanation:
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