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3 years ago

If you are from a family with poor money skills , chances are you will have poor money skills too. True or false?

Business

2 answers:

Svet_ta [14]3 years ago

6 0

True is the correct answer

Ray Of Light [21]3 years ago

3 0

I don't think so because if your in school they teach you how to handle money and all that.

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Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th

VMariaS [17]

Answer:

The amount of life insurance is $259700

Explanation:

Easy method for calculating amount of life insurance is a method for families with both spouses working, in good health, with average debt, and not more than three children. It gives an estimate of 7 years of income at 70%. Using easy method, the formula is given as:

life insurance requirement = Annual income × 7 years × 70%

Given that Annual income = $53000

amount of life insurance = $53000 × 7 years × 70% = $259700

8 0

3 years ago

A company purchased a machine for $190,000. The machine has an estimated useful life of 8 years and a salvage value of $10,000.

Fittoniya [83]

Answer:

$108,400

Explanation:

The computation of the net book value of the machine at the end of the second year is shown below:

But before that the accumulated depreciation would be determined

For first year, the depreciation expense is

= ($190,000 - $10,000) × 15,000 ÷ 75,000

= $36,000

For the second year, the depreciation expense is

= ($190,000 - $10,000) × 19,000 ÷ 75,000

= $45,600

Now the net book value is

= $190,000 - $36,000 - $45,600

= $108,400

5 0

2 years ago

Townley inc has provided the following data for the month of February. There were no beginning inventories; consequently, the di

serious [3.7K]

Answer:

$19,648

Explanation:

The computation of the ending work in process after considering the allocation of any under applied or over applied is shown below:

But for that first we have to find out the percentage of allocated overhead which is given below:

= Work in process manufacturing overhead applied ÷ Total manufacturing overhead applied

= $5,830 ÷ $51,920

= 11%

And, the over applied manufacturing overhead is $4,200

So, its allocation is

= $4,200 × 11%

= $462

Now the ending work in process is

= $20,110 - $462

= $19,648

6 0

3 years ago

One of the three basic questions: concerned with the distribution of goods and services

Harman [31]

How to transport the goods ie by truck, plane or train for example for goods like vegetables and fruits from California to Canada and for services like consulting services it could be if they are available and at what cost.

4 0

3 years ago

Nine subjects, 87 to 96 years old, were given 8 weeks of progressive resistance weight training. strength before and after train

Serga [27]

Answer:

11.611 +/- 3.013

Explanation:

3 3.5 4 6 7 8 8.5 12.5 15

7 17 19 12 19 22 28 20 28

difference

4 13.5 15 6 12 14 19.5 7.5 13

mean = 11.611

the standard deviation ⇒ 7.611² + 1.889² + 3.389² + 5.611² + 0.389² + 2.389² - 7.889² + 4.111² + 1.389² = 57.927 + 3.568 + 11.485 + 31.483 + 0.151 + 5.707 + 62.236 + 16.9 + 1.929 = 191.386/9 = √21.265 = 4.611

standard deviation = 4.611 1.918

confidence interval = mean +/- [(standard deviation/√9) x 1.96]

11.611 + [(4.611/3) x 1.96] = 11.611 + 3.013

11.611 - [(4.611/3) x 1.96] = 11.611 - 3.013

4 0

3 years ago