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erastova [34]
3 years ago
5

I make $2,000/month. Of that the government takes $200 in taxes. Then I pay $1,000 for rent, $400 for food, and $200 in utilitie

s. The remaining $200/month I have left is considered:________.
Business
1 answer:
Musya8 [376]3 years ago
7 0

Answer:

My savings

Explanation:

Savings for a month is the amount left after deducting all my expenditure from my monthly income

Savings = income - total expenditure

income = $2,000

total expenditure = $200 + $1,000 + $400 + $200 = $1,800

Savings = $2,000 - $1,800 = $200

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A(n) project team should consist of a number of individuals who are experienced in one or multiple facets of the technical and n
Finger [1]

Answer: <em>True</em>

Explanation:

A project team is referred to as a team whose members usually belong to different groups,i.e.one with technical background and others with non-technical background also play different roles and have functions. A project team can be further divided into parts or sub-teams. Usually, these teams are used for a defined period.

8 0
3 years ago
Complete the sentence.
valentina_108 [34]

Answer:

Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a

savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by

saving the money. The lost interest is the <u><em> opportunity cost</em></u> cost of spending money now.

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has two options:

1. Spending the money  

2. Save the money

Once the money is spending the opportunity costs is generated and it is measure by the interest rate lost for not keeping the money in a savings account that will generate an interest rate known as APY Annual Percentage Yield.  

5 0
3 years ago
Read 2 more answers
1. Issued 30,000 shares of common stock in exchange for $300,000 in cash.
Svetradugi [14.3K]

Solution :

       Assets          =   Liabilities   +   Paid in capital   +   retained earnings

1.   $ 300,000                                  $ 300,000

2.   $ 30,000             $ 30,000

3.   $ 90,000             $ 90,000

4.   $ 50,000                                                                        $ 50,000

5.   $ 5,000                                                                          $ 5,000

6.   $ 6,000                                                                          $ 6,000

7.   $ 70,000            $ 70,000        

8.      --

9.    $ 1,000                                                                          $ 1,000

Point 4 -- the accounts receivable will increase by $ 120,000 due to the credit sales and the cost of goods sold.

Point 6 -- Adjustments entry at the year end for 3 months from January to March 2022 should be reduced from both assets and retained earnings and the adjusted amount would be $ 4500.

Point 8 -- No impact as the cash is collected against the account receivable and both are assets.

5 0
3 years ago
Drinking alcohol and driving is dangerous because it
solong [7]

Answer:impairs driving ability

Explanation:

Enhances driving ability is wrong because it impairs vision and you brain does not process as fast.

is responsible is also wrong because you have a higher chance of getting hurt of hurting someone else.

heighten  the senses is also wrong because alcohol lessens senses not heightens senses.

5 0
3 years ago
Read 2 more answers
In 2014 the market value of Apple Corporation's common stock had become excessively high. On June 6th, 2014 Apple Inc. declared
Alex_Xolod [135]

Answer:

The number of common shares outstanding after stock-split is 6029.66  million

Explanation:

A 7-1 stock split implies that for every share that a shareholder has previously,he gets 7 now.

As a result, the total outstanding common shares now would the previous common shares multiplied by 7.

Hence the new outstanding common shares =861.38 million*7=6029.66  million

The equity of equity share capital share stays the same as there was no new cash investment in the company but the par value per share is also divided by 7 to give $0.00001  per share ($0.00007/7)

4 0
3 years ago
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