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3 years ago

What percentage of your salary should go to savings? A. 5% B. 10% C. 20 D. 50%

Business

2 answers:

QveST [7]3 years ago

8 0

Answer:

Explanation:

BartSMP [9]3 years ago

3 0

20% of your salary should go to savings.

Option - C

Explanation:

At least 20% of your money should be spent on investments. More is all right; less is not recommended. Meanwhile, another 50 percent (maximum) is expected to go to needs, while 30 percent goes to budgetary items.

This is termed the 50/30/20 thumb rule, which offers quick and easy guidance. To take a quick look to find out how much you need to save each month, consider looking at your objectives. Broadly speaking, the economic goals will be broken down into three buckets:

Expenditures come in less than a year.

Expenditures to come in less than a decade.

Quite long-term costs that are a century or more out.

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At the end of the fiscal year, the usual adjusting entry for depreciation on equipment was omitted. Which of the following state

Anton [14]

Answer:

c. Net income will be overstated for the current year.

Explanation:

Depreciation is defined as the reduction in the value of an asset over the period of it's useful life.

The deductions are calculated and taken out of the asset value on the balance sheet.

The adjusting entry for depreciation at the end of year is a debit to Depreciation Expense and a credit to Accumulated depreciation.

If this entry is no passed it means that Depreciation Expense is not recognised for that year.

Net income will be overstated because generally expenses will be understated.

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3 years ago

Dev is a strategist for the firm Stark Industries, which produces high-quality HD movie cameras. This company needs a specific m

Setler [38]

Answer: A. Stark industries should acquire LENS

Explanation:

Based on the information given in the question, the best strategy that Dev should suggest is that Stark industries should acquire LENS.

Since Stark Industries require the material from LENS and it's difficult to trade, the best option is to acquire it. The acquisition will make the production of the high-quality HD movie cameras easier.

It should be noted that entering into a competition with LENS is not advisable as that'll lead to the material not gotten. Also, a short or long term agreement isn't advisable as well.

Therefore, the correct option is A.

5 0

2 years ago

In a business class where team members are arguing over content choices for a powerpoint presentation, it might help to remind e

GREYUIT [131]

The example indicates that the strategy is Appeals to common goals. If you wish to obtain the cooperation of another person, it is very useful to identify some goal or objective that you share with that other person, which can be called a common goal, or a goal that you have in common.

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2 years ago

The following information was available from the inventory records of Sheffield Corp. for January: Units Unit Cost Total Cost Ba

Ganezh [65]

Answer:

$45,990

Explanation:

The Weighted Average Cost Method, calculates a new Unit Cost with every purchase that is made. This is applicable to perpetual Inventory method. In this case we are required to use the periodic Inventory method (Sheffield does not maintain perpetual inventory records). Thus our Unit Cost is calculated from Inventory available for Sale.

Step 1

Units Available For Sales Calculation :

Opening Balance 9,200

Add Purchases (6,400 + 7,900) 14,300

Units Available for Sale 23,500

Less Units Sold (7700 + 11300) (19,000)

Ending Inventory Units 4,500

Step 2

Unit Cost = Total Cost ÷ Units Available for Sale

= ($89,516 + $65,984 + $84,609) ÷ 23,500

= $10.22

Step 3

Ending Inventory = Units in Stock × Unit Cost

= 4,500 × $10.22

= $45,990

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3 years ago

Pitfalls that should be carefully explored before outsourcing include

pentagon [3]

These are some of the pitfall that should be carefully explored before outsourcing. It is difficult to full integrate outsourced processes with the firm's other processes. Deciding to outsource a process before making a good-faith effort to fix the existing one.The firm with a technology advantage may be setting up the other firm to be a future competitor

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3 years ago