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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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Question 9 of 10 Which of the following is a good example of responsible concern for consumer rights? O A. A construction compan
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Answer:

D. A sales representative for a communications provider is trained to present the most expensive service packages to consumers first. If the consumer asks for cheaper options, however, the sales representative is to offer those

Explanation:

4 0
3 years ago
A stadium incurs a number of costs to accommodate fans. If a stadium pays $16,000 for labor, $55,000 for leasing parking space,
MatroZZZ [7]

Answer:

12. 21 % ; 41.98 % and  45.80 % as below

Explanation:

Total cost for the stadium is

labor $      $16,000

leasing the parking fee   $55,000

Busing to and from   $60,000

Total cost     $131,000

Percentage per item

1. labor = 16000/131000 x 100

  =12.21 percent

2.leasing parking space= 55000/131000 x 100

     =41. 98 percent

3.Parking space= 60,000/131000x100

   =45.80 percent

5 0
3 years ago
Tyler has been operating his business as a sole proprietorship but decides that it is too much work for him to do alone. He does
svp [43]

Answer:

business partner

Explanation:

Business partner -

It refers to the authority in the business , which has the right to take decisions for the project of the business , is referred to as business partner .

The relation between the two or more people i.e. , the business partners can be on the contract basis or exclusive in nature .

Hence , from the given scenario of the question ,

Tyler need a buisness partner for his business .

8 0
3 years ago
Suppose DeepMind Inc. will pay $1.50 per share in dividends next year. The require return on the stock is 10% and its dividends
Brums [2.3K]

Answer:

C. All else being equal, the growth rate of the dividends is greater than 2%

Explanation:

The formula to calculate the fair price of a stock with a constant growth in dividends is as follows,

  • P = D1 / r-g
  • Where D1 is the dividend next period
  • r is the required rate of return
  • g is the growth rate in dividends
  • P = 1.5 / 0.1 - 0.02 = 18.75
  • We are taking 1.5 as D1 as it is the dividend per share DeepMind will pay next year.

So, we will be willing to pay more than 18.75 if the fair price per share today is greater than 18.75. We check all the 3 options.

A. say the required rate is 10.1%

  • P = 1.5 / (0.101 - 0.02) = 18.52
  • So if the required rate of return increases from 10%, the fair price per share is falling and we will be willing to pay less than 18.75 per share.

B. P = 1.2 / (0.1 - 0.02) = 15

  • If D1 = 1.2,the fair price per share will be 15 which is less so we will not be willing to pay more than 15 for such share.

C. Say the growth rate in dividends is 2.1%

  • P = 1.5 / (0.1 - 0.021) = 18.99
  • The fair price per share increased to 18.99 if the growth rate in dividend increases by 0.1 percentage point. Thus, C is the correct answer

3 0
3 years ago
Select the best answer for the question.
BlackZzzverrR [31]

Answer:

hope it helps you ;)

Explanation:

Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.

4 0
3 years ago
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