Answer:
That statement is true.
Explanation:
Basically, You put your money in saving if you intended to use that money for future consumption. You put your money in investment if you intended to make financial gain out of it.
For example,
Let's say that you want to buy a laptop that cost $700. You only able to spend $350 per month since you have to consider other more important payment such as rent or food. So you set aside $350 for two month and purchase the laptop at the end of the second month. This is an example of saving.
In another case let's say that you put that $350 in Bonds rather than purchasing laptop. You Let that bond mature and take a 3% interest as profit. Two month later, the value of your money is increased. This is an example of an investment.
What’s the quesitos asking? Like I know it’s a quick sort but like about what?
Pina adjusted cash balance on April 30 is $ 6,685
Solution:
Given,
As of April 30, Pina Colada Corp. has the following bank information:
Cash balance per bank $7600
Outstanding checks $460
Deposits in transit $900
Credit memo for interest $15
Bank service charge $30
Now To find Pina adjusted cash balance on April 30 :
Adjusted Cash Balance Formula is : Cash balance + Notes receivable - Check Printing - NSF Check
Adjusted Cash Balance = $7600+ $15 - $30 - $900
Adjusted Cash Balance = $ 6,685
Pina adjusted cash balance on April 30 is $ 6,685
Answer:
60 Kits
Explanation:
Cost price (C) = $20/Kit
Yearly se (D) = 250 kit/year
Shipping cost / Ordering cost (Co) = $25
Holding cost (Ch) = $3.5/Kit-year
Economic order quantity = √2.D.Co / Ch
Economic order quantity = √2*250*25/3.5
Economic order quantity = √12500/3.5
Economic order quantity = √3571.4285
Economic order quantity = 59.7614305
Economic order quantity = 60 Kits
Answer:
best combination of resources to use to produce a product.
Explanation:
Capitalism also referred to as free-enterprise system or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, capitalism is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a pure capitalism is a type of economy that is completely driven by demand and supply of goods and services.
In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.
Hence, the profit and loss system of capitalism helps entrepreneurs determine best combination of resources to use to produce a product.
