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MariettaO [177]
2 years ago
15

Wyatt is a businessman. He often travels to different places for business purposes and spends money on hotel stays and get-toget

hers with other businesspeople. He wants to keep track of his spending and not worry about falling short on money during a business trip. What advice would you offer him to achieve this goal?
Business
2 answers:
masha68 [24]2 years ago
4 0

1) Always maintain a book for accounts or maintain an app regarding to track your expenses

2) keep an accountant to track his expenses

-Dominant- [34]2 years ago
3 0

For Wyatt to keep track of his spending and not worry about falling short on money during a business trip he should allocate a certain amount of money for each trip, so he doesn't over spend. If Wyatt budgets and keeps track of what he spends each day on business, he can stay on top of his budget. Adding up the receipts at the end of the night and subtracting from the allocated money, will allow him to figure out how much he has left for the remainder of his trip. Another thing Wyatt can do is take out cash and only use cash on his trip so that he does not overspend. Saving for a future trip is highly incouraged when you know it's coming so that you can be prepared.

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ou want to buy a new sports car from Muscle Motors for $76,000. The contract is in the form of a 60-month annuity due at an APR
Len [333]

Answer:

$1510.28

Explanation:

The monthly on the purchase of new sports car can be  computed using the pmt excel function as shown below:

=pmt(rate,nper,-pv,fv)

rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12

nper is the number of months that payments would last i.e 60 months

pv is the cost of the new sports car i.e $76000

fv is the balance owed after the 60th payment i.e $0

=pmt(7.15%/12,60,-76000,0)=$1510.28

8 0
3 years ago
Suppose that for 10 bicycles, the total fixed cost is $100 and total variable cost is $300. Then the average fixed cost and aver
Stells [14]

The price one bicycle is $21

Explanation:

because 100÷10=0.1

and the total is 300$

300-100=20

20+0.1=20

answer is 21

7 0
2 years ago
Regardless of income or wealth, setting aside some portion of current income regularly for future use helps in developing good _
sdas [7]

Regardless of income or wealth, setting aside some portion of current income regularly for future use helps develop good income savings.

Personal saving is the money left over after people spend their money and pay their taxes. The personal saving rate is the percentage of disposable income that people save. This rate is used to learn about Americans' financial health and to forecast consumer behaviour and economic growth. the average saving rate by income or wealth class The dotted line represents the frequently stated 4% number, which comprises the poorest 90% of income earners. The top 10% to top 1% of income earners save about 12%, which I find relatively low. Only the top 1% holds a fantastic 38%.

Learn more about Personal saving here:

brainly.com/question/3186765

#SPJ4

5 0
1 year ago
PLEASE HELP IM ON PLATO BTW GET IT RIGHT CUH
Rasek [7]

Answer:

✔️Demand Pull Inflation:

1. Too much money chasing too few goods

2. Stiff competition among consumers

✔️Cash Pull Inflation:

1. Increase in cost of production

2. Decrease in supply of goods and services

3. Aim of sellers is to maximize profit

Explanation:

Demand pull inflation is often caused by the increase in the aggregate demand of outputs than an economy can produce as a result of increased government spending, expanding economy and so on.

On the other hand, cash pull inflation is caused by the decrease in aggregate supply of goods and supply as result of increased cost of the factors of production.

Thus, let's match each description to the types of inflation they belong to:

✔️Demand Pull Inflation:

1. Too much money chasing too few goods (excess demand as a result of expanding economy)

2. Stiff competition among consumers (businesses, households, governments and foreign buyers bid prices up and compete to purchase the limited available goods and services)

✔️Cash Pull Inflation:

1. Increase in cost of production (this pushes the cost of goods and services up)

2. Decrease in supply of goods and services (aggregate supply decreases)

3. Aim of sellers is to maximize profit (as production cost increase, sellers would have to increase the price of goods and services in order not to run at a loss).

7 0
3 years ago
Which of the following application models is more likely to be suitable for a large company with a number of existing virtualize
yulyashka [42]

Answer:

<em>c. Distributed web application hosted at datacenters, accessed via browsers on each mobile and desktop device.</em>

Explanation:

Because the organization has an <em>existing and established virtualized data center, it really is highly probable that it will be able to use available resources to implement the application without incurring the extra cost of signing up to a cloud solution or host.</em>

8 0
3 years ago
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