For short term financial goals, it would be best to put the money in an investment that earns the highest interest while still remaining <em>liquid (</em>aka easy to withdraw your money when you want). In this case some good options would be a high-interest earning savings or money market account.
For short term goals you want to avoid investments that require you to tie your money up for long periods of time like bonds or certificates of deposit.
I’m confused about the question
Answer:B. Debit Income Summary $54,000; credit Revenues $54,000.
Explanation:
The following entries can be a closing entry
a)To record closing entry of revenue account
Account Debit Credit
Revenues $54,000
Income summary $54,000
b)To record closing entry of expense account
Income summary $43,250
Expenses $43,250
c)To record closing entry of income summary account
Income summary ( $54,000- $43,250) $10,750
Retained earnings $10,750
d) to record the closing entry of dividends account
Retained Earnings $5,950
Dividend $5,950
The entry that could not be a closing entry is B. Debit Income Summary $54,000; credit Revenues $54,000 because income summary account should be credited with the revenue amount of $54,000 as Revenue increases the income of every business.
Answer:
b. Asset management ratios
Explanation:
Asset management ratios -
It refers to the ratio of measuring and analyzing the management of the business in order to produce the sales , is referred to as the asset management ratios .
It basically determines that how effectively a certain firm is capable to manage its assets .
Hence , from the given scenario of the question ,
The correct answer is b. asset management ratios .
Answer:
market segments
Explanation:
Market segments -
It refers to the portion of people , who have some common features , are referred to as market segment .
Where the market is segmented on the basis of some uniques characteristics in order to stand out in the competitive world .
Hence , from the given scenario of the question.
Cosmetics are designed according to the particular age age group , showcasing to be an example of market segments.
