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guajiro [1.7K]
3 years ago
10

How much money should a couple who makes $54,000 a year have in their beginner emergency fund if they have a $3,000 credit card

bill and a mortgage?
Business
1 answer:
Ksju [112]3 years ago
3 0

Answer:

9,000 minimum emergency fund

Explanation:

The emergency fund is a portion related to the monthly expenses of the family or person.

It should be as low as 3 months and about 6 month to be safe.

It is important to notice this doens't mean the cash should be under the pillow. We can have this amount investment in a high-liquity investment if wanted.

For this couple as they have 3,000 expenses they should do an eemergency fund of at least 9,000 dollars

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The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borro
coldgirl [10]

Answer:

b) economic

Explanation:

Economic risk can be described as the probability that investment in the home country will be affected by changes in exchange rates, a political instability, a change in government regulation or policy, or any other macroeconomic conditions especially in a foreign country.

Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.

7 0
3 years ago
For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which
olga nikolaevna [1]

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

<u>A. Performance measures are to be linked to the individual's goals</u>

No.  Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees.   There has to be some performance reward attached to it.

<u>B. Employees are given very broad performance goals</u>

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

<u>C. Employees value the rewards or incentives that are being offered</u>

Yes.  Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

<u>D. Employees are given limited resources to meet their goals</u>

No. They won't be motivated if they don't think they have the means to achieve those goals.

6 0
3 years ago
When you are in a conflict with another person, it is important to remember:
Galina-37 [17]
C. that you also helped create the conflict
6 0
3 years ago
Zar company paid employee wages on and through friday,january,26 and the next playroll will be paid in february. Emploees work 5
garik1379 [7]

Answer:

Debit to Salaries Expense $2,700; Credit to Salaries Payable $2,700

Explanation:

In accounting, we have to recognize all expenses even though we haven't paid it yet. This is one of those instances.

The employees have worked for 3 days at the end of January but will not receive their payment on that day. That equates to $2,700 of salaries accrued at the end of January.

Accrued Expenses are recorded as payables, in this problem it's "Salaries Payable".

So to complete the adjusting journal entry:

(Debit)        Salaries Expense        $2,700

(Credit)                Salaries Payable              $2,700

3 0
3 years ago
Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). S
kakasveta [241]

Answer:

e. The monetary price paid to obtain the ticket.

Explanation:

The opportunity cost represent the best rejected alternative of the resources used.

If a person goes to the Super Bowl, the opportunity cost is any other entertainment show it renounce to see and any other use of the 500 dollar it used to acquire the ticket.

6 0
3 years ago
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