All categories

3 years ago

Why is it better to underestimate your income instead of overestimating when creating a budget?

1 answer:

8 0

Answer: It is better to underestimate you income because it allows you to save more money. If you overestimate your income, you have a higher chance of spending all the money that you earn.

Explanation:

For example if you have 20 dollars but think you have 10, then you only spend 10 dollars and save 10. If you over estimate and think you have more than 20, then you spend all the money that you had.

You might be interested in

Exact Photo Service purchased a new color printer at the beginning of 2018 for $42,700. The printer is expected to have a four-y

MAVERICK [17]

Answer:

Depreciation for 2018 is = $15,120.60

Depreciation for 2019 is = $13,133.84

Depreciation for 2020 is = $10,401.04

Depreciation for 2021 is = $10,660.65

Explanation:

solution

we know here

Depreciation under Units of production method is

Depreciation is = (Cost - Salvage value) × (No of units produced ÷ Expected units of production)

put here value for each year

Depreciation for 2018 is = (42700-1708) × (553300 ÷ 1500000)

Depreciation for 2018 is = $ 15,120.60

Depreciation for 2019 is = (42700-1708) × (480600 ÷ 1500000)

Depreciation for 2019 is = $ 13,133.84

Depreciation for 2020 is = (42700-1708)× (380600 ÷ 1500000)

Depreciation for 2020 is = $ 10,401.04

Depreciation for 2021 is = (42700-1708)× (390100 ÷ 1500000)

Depreciation for 2021 is = $ 10,660.65

5 0

3 years ago

A growing trend to "Buy American" may encourage U.S. automakers to increase political pressure on Washington to pass legislation

Kazeer [188]

Answer:

C) a positive result from regulatory and economic environmental forces.

Explanation:

In the short run the whole economy will benefit, more American jobs will be created, consumers will probably get good cars at even lower prices, but on the long run the scenario may not be that good for everyone. If Toyota builds the plant, it will be the result of economic and political pressures, and that is a game that two can play, just ask farmers about the trade deal with China.

On the other hand, this is a type of deja vu (or been there, done that), and it ended up with GM and Chrysler bankrupt and Ford barely surviving. This types of policies were enforced in the 1980s by president Reagan and the famous "Made in the USA" by Bruce Springsteen. Back then Honda had a small factory and Toyota was starting to consider building a plant in the US, Nissan hadn't showed up yet. Fast forward a few years and the only good American vehicles are pickups, the Japanese brands wiped out the rest. The country is full of Camrys, Accords, Civics, Corollas, CRVs and Rav4s. They are great cars, too great for the American car manufacturers to compete against. Who knows, with this type of policies maybe in 10 years the only American car manufacturer left will be Tesla.

This is like playing with fire on top of a fuel truck.

5 0

3 years ago

A maker of soaps and lotions noticed a blind person having difficulty comparing products while shopping in one of her stores. Sh

Darina [25.2K]

Answer:

Proactive

Explanation:

Did the test myself

7 0

3 years ago

Why has caricom produced limited improvements in interregional trade??

Kobotan [32]

CARICOM or the <span>Caribbean Community and Common Market solely reason for existence is to promote the economic integration to guarantee the benefits and shared equitably. The mainly cause for CARICOM in producing limited improvements is because majority of the English speaking country illustrates the division </span><span>deep linguistic in Caribbean </span>

3 0

3 years ago

Jennifer gets 5 utils from consuming her first slice of pizza, 4 utils from the second slice, 3 utils from the third, etc. Each

nata0808 [166]

Answer:

The maximum utility is 16 utils

Explanation:

To maximize the utility we must choose the items that gave most utils.

Each item cost $1 and we have $4 to spend.

1 slice of pizza: 5 utils

2 slice of pizza: 4 utils

3 slice of pizza: 3 utils

1 soda: 4 utils

2 soda: 3 utils

3 soda: 2 utils

If we display them in a decrease order and we choose the first four rows.

1 slice of pizza: 5 utils (1 dollar)

2 slice of pizza: 4 utils (1 dollar)

1 soda: 4 utils (1 dollar)

3 slice of pizza: 3 utils (1 dollar)

2 soda: 3 utils

3 soda: 2 utils

Highlighted are the ones we must get to get the maximum utility.

The maximum utility is 5 utils +4 utils+4 utils+3 utils= 16 utils

6 0

3 years ago