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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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A market researcher who uses his ability to identify a logical sequence to predict demand for a new line of winter clothing is u
Charra [1.4K]

Answer:

The correct answer is Inductive reasoning.

Explanation:

Inductive reasoning is a form of reasoning in which the truth of the premises supports the conclusion, but does not guarantee it. A classic example of inductive reasoning is:

  1. All the crows observed so far have been black
  2. Therefore, all crows are black

In principle, it could be that the next crow observed is not black. In contrast to deductive reasoning, inductive reasoning has the advantage of being expansive, that is, the conclusion contains more information than is contained in the premises. Given its expansive nature, inductive reasoning is very useful and frequent in science and in everyday life. However, given its fallible nature, its justification is problematic. When are we justified in making an inductive inference, and concluding, for example, that all crows are black from a limited sample of them? What distinguishes a good inductive argument from a bad one? These and other related problems give rise to the problem of induction, whose validity and importance has continued for centuries.

7 0
3 years ago
A firm has just ended the calendar year making a sale in the amount of​ $200,000 of merchandise purchased during the year at a t
MrRissso [65]
B I THINK IT IS I'M NOT SURE
8 0
3 years ago
According to the textbook, which of the following is considered a reason that ERP implementations fail?
Mekhanik [1.2K]

A very good reason that leads to the failure of ERP implementation is the

  • Lack of communication within an organization

<h3>What is  ERP implementation?</h3>

This can be described as the integration of a great number of functions in the business environment.

Some of the functions that are integrated are:

  • Human resources
  • Financial management
  • Sales

ERP stands for Enterprise Resource Planning.

Read more on ERP implementation here:

brainly.com/question/16341677

6 0
2 years ago
Swifty Corporation has the following budgeted sales: January $30000, February $90000, and March $50000. 40% of the sales are for
klasskru [66]

Answer:

Total cash collection= $62,000

Explanation:

Giving the following information:

40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month.

Sales:

January $30000

February $90000

March $50000

<u>Cash collection March:</u>

Sales in account February= (90,000*0.6)*0.5= 27,000

Sales in account March= (50,000*0.6)*0.5= 15,000

Sales in cash March= (50,000*0.4)= 20,000

Total cash collection= $62,000

4 0
3 years ago
Net Present Value Analysis [LO12-2]
zheka24 [161]

Answer:

NPV = $-1,225.37

No. The return is less than 14%, because the net present value is negative

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-13,000

Cash flow in year 1 and 2 = 420

Cash flow in year 3 = $420 + $16,000 = $16,420.

I = 14%

NPV = $-1,225.37

The return is less than 14%, because the net present value is negative

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
2 years ago
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