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irinina [24]
4 years ago
7

3. What are the similarities and differences between balancing a city budget and balancing a personal budget?

Business
1 answer:
qaws [65]4 years ago
8 0
<span>Similarities of balancing a city budget and balancing a personal budget is that you are both budgeting it and planning for certain expenses that you need to pay.
Differences between balancing a city budget and balancing a personal budget is that city budget is quite big amount while personal budget is just small. City budget involves many people.</span>
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Peterson's Antiquities currently has a 31 day cash cycle. Assume the firm changes its operations such that it decreases its rece
gladu [14]

Answer: 30 days

Explanation: Cash cycle refers to the amount of time it takes for a business from paying cash to its suppliers for raw materials and receiving cash from its customers fro the sales made.

Hence from the above we can say that :-

decrease in inventory will decrease the cycle.

Decrease in receivables will decrease the cycle.

decrease in payables will increase the cycle.

Thus,

cash cycle =  31 days - 2 days + 4 days - 3 days

                  = 30 days

6 0
4 years ago
if owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so
Elden [556K]

Owns can legally do so under the first amendment. Therefore, it's true.

<h3>What is first amendment?</h3>

It should be noted that first amendment states that the Congress makes no law representing and establishment of religion.

In this case, if Owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so under the first amendment.

Learn more about first amendment on:

brainly.com/question/26448398

#SPJ11

6 0
2 years ago
Pick the correct statement from below. a. Stocks can only be assigned one dividend growth rate. b. Preferred stocks generally ha
Pani-rosa [81]

Answer:

e. Stocks can have negative growth rates.

Explanation:

According to the given options, the option e is correct as the growth rate could never be zero and positive as it is not necessary that the growth rate should be same or constant

But in the other cases the things can be changed like the stock could assigned to more than one dividend growth rate, etc

Therefore the option e is correct

8 0
3 years ago
If you receive a loan the money the lender gives you is called
garik1379 [7]
When you receive a loan, the money the lender gives you is called the LINE OF CREDIT. Answer B. 
3 0
3 years ago
You have just started a new job and plan to save $5,250 per year for 35 years until you retire. You will make your first deposit
nasty-shy [4]

Answer:

FV= $1,260,205.98

Explanation:

Giving the following information:

Annual deposit= $5,250

Number of years= 35 years

Annual interest rate= 0.0947

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,250*[(1.0947^35)-1] / 0.0947

FV= $1,260,205.98

6 0
3 years ago
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