1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
True [87]
3 years ago
13

Which of the following is a good reason to have a financial reserve that's larger than normal? (Select the best answer.) a. Your

income is fairly predictable. b. You have mostly discretionary expenses. c. You have a large monthly car payment. d. You would be able to find another job quickly if you lost yours.
Business
1 answer:
oee [108]3 years ago
5 0

Answer:

C- you have a large monthly car payment

Explanation:

Financial reserve of an individual is the money an individual keeps to be able to cater to short-term and emergency needs.

Short-term investments are important for financial reserve because it helps individuals to recover thier money back even though it may produce low rates. Having significant cash reserves gives an individual the ability to make a large purchase while having reserve to cater for other pressing bills immediately. Individuals are advice to have financial reserve especially when they are constantly paying large monthly bills so as not to affect thier primal needs eg an individual having large monthly car payments should have enough reserve to pay for his car and also for his needs because it can come in handy when there financial problems and money is required for something immediately.

You might be interested in
Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Wag
coldgirl [10]

Answer:

1160.000

Explanation:

suma los gastos

8 0
2 years ago
Computerized accounting systems a. Improve the timeliness of reporting b. Prevent all journalizing errors c. Are only used in me
romanna [79]

Answer:

I believe its C

Explanation:

8 0
2 years ago
Five years ago, Tom loaned his son John $20,000 to start a business. A note was executed with an interest rate of 8%, which is t
Citrus2011 [14]

Answer:

The answer is: B) $3,000 deduction

Explanation:

Tom can make only a $3,000 deduction this year since this loss qualifies as a capital loss. He doesn't have any capital gains to offset this loss. Therefore this year he is limited to make a $3,000 deduction against ordinary income and the remainder must be carried over to subsequent years.

6 0
2 years ago
For each of the following, indicate which type of investment risk is being described.
Goshia [24]

Answer:

a. The ne research may go against the whole gram cereals and people will consume it less therefore demand may be lowered causing the sales and profit to decrease.

b. The increase level of gearing makes the company risky and people do not prefer to invest in the company which have high gearing. The increase debt and interest burden may cause company to become bankrupt and there can be threat for solvency.

c. The bargaining power of buyer is high in such case where the seller finds it difficult to find a suitable buyer.  

Explanation:

Investment risk is the risk associated with the business or new investment project. There should be detailed analysis of risk and return before investing in any project. It is better to understand the nature of risk and the extent to which it can hinder the progress of the business.

5 0
2 years ago
The comparative balance sheets for Swifty Company show these changes in noncash current asset accounts: accounts receivable decr
anzhelika [568]

Answer:

$236,900

Explanation:

Computation for net cash provided by operating activities using the indirect method

Net income $228,900

Add : Account receivables $80,000

Less: Prepaid expenses ($28,500)

Less :Inventories ($43,500)

NET CASH by OPERATING ACTIVITIES $236,900

Therefore net cash provided by operating activities using the indirect method is $236,900

8 0
2 years ago
Other questions:
  • As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 30% of Nursery Supplies Inc
    5·1 answer
  • Which of the following is an example of licensing?a- An Indian automobile manufacturing company buys engines from a Japanese man
    13·1 answer
  • Country X can cut, prepare, and export lumber using fewer worker hours than Country Y. Country Y can produce lumber but produces
    14·1 answer
  • Investing in yourself and your career often reguires you to "play it safe<br> true or false
    5·1 answer
  • Operating income and tax rates for C.J. Company’s first three years of operations were as
    8·1 answer
  • Which amendment to the constitution legalized income tax?
    14·1 answer
  • Using too many different shapes within a design can
    11·2 answers
  • Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under
    5·1 answer
  • Happy halloween everyone
    14·2 answers
  • A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!