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amm1812
3 years ago
15

Why should you treat savings as an expense in your budget?

Business
1 answer:
nikitadnepr [17]3 years ago
3 0
Savings are for saving not spending
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Emily works in the stockroom at a retail store for $10/hour on Saturdays. The store is within near walking distance of her home.
frosja888 [35]

Answer:

Correct options

A.) the $4 in direct costs she would spend to drive to and from her babysitting job:

Emily will have to spend $2 to and $2 on gas for the babysitting job. She will have to consider if she can bear the additional cost compared to the other job opportunity.

B.) the opportunity costs of not working at the store on a Saturday when she babysits:

When Emily is babysitting she has to consider the opportunity cost of working at the retail store. The fact the she will not have to drive to work, instead working at a place close to her home.

Incorrect option

C.) the cost of clothes and personal items (e.g., phone) Emily uses during babysitting:

On both jobs Emily will incur cost of clothing and other personal items, so this is not a cost she should be considering in making a decision between the two jobs.

4 0
2 years ago
Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confid
xz_007 [3.2K]

Answer:

Im pretty sure its Preforming arts

Explanation:

cuz i said

3 0
3 years ago
Read 2 more answers
Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led
Rashid [163]

Answer:

The correct answer to the following question will be Option 3 (General ledger).

Explanation:

  • General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
  • It's an official paper that offers a comprehensive overview of the business transactions of the company.
  • An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.

Therefore, Option 3 is the right answer.

7 0
3 years ago
Mel is thinking of going on a cruise. Mel values a cruise in nice weather at $2,000 and values a cruise in bad weather at $50. T
Vinvika [58]

Answer:

Mel

If Mel is risk-neutral, then in the absence of trip insurance, the most she will be willing to pay for the cruise is _______.

c. $1,220

Explanation:

a) Data and Calculations:

Mel's value of a cruise in nice weather = $2,000

Mel's value of a cruise in bad weather = $50

Probability of nice weather = 60%

Probability of bad weather = 40%

Expected value:

Weather              Outcome Probability    Expected Value

Nice weather      $2,000          60%           $1,200

Bad weather            $50           40%               $20

Total expected value of a cruise               $1,220

6 0
3 years ago
Christine is an unemployed stenographer who cannot find work in Florida. There are several companies hiring stenographers in New
DiKsa [7]

Answer:

Option (b) is correct.

Explanation:

Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.

8 0
3 years ago
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