Answer:
Overall, each idea provides the notion that you need to learn about financial education and how financial security will impact a person's present and future life.
Explanation:
1- Personal finances correspond to 80% of behavior and 20% of head knowledge, due to the fact that it is important to learn about financial education in theory, but it is the set of balanced actions on how to deal with money that will impact fact about your financial life. That is, how you deal with the money you have is what it dictates if you have financial intelligence.
2- Many Americans are buried in debt many times for not seeking specific knowledge about finance, or for having the knowledge but not applying it. It is necessary for society to be aware of the importance of knowing how to manage your money, how to make investments, how to consume healthily and how to deal with your money in an advantageous way.
It is also necessary that there is more information available on financial education in social institutions and that this concept be more widely disseminated and discussed in society.
3- Learning the language of money means knowing how to manage your money. People often make harmful financial decisions without being aware of the impact that such decisions will have on their present and future. Knowing how much you earn, how much you spend and how much you save, is essential to keeping your finances balanced.
People can start by creating monthly spreadsheets to control their spending, there are several ways to know where your money is going and if it matches your life goals.
There is also a lot of information available on the internet about investments, how to invest in the short and long term and how to make money effectively.
Answer: $15,000, $0, and $1,265,000, respectively
Explanation:
Based on the information given in the question, the total amount of dividend will be:
= Outstanding shares × Dividend
= 10000 × $1.50
= $15000
Amount of cash balance will be:
= Ending cash balance - Dividend
= $30000 - $15000
= $15000
Dividend payable will be:
= $15000 - $15000
= $0
Retained earnings will be:
= $1280000 - $15000
= $1265000
Answer:
D) Mortgage payment.
Explanation:
Operating expenses are the costs of keeping a company open, usually most fixed costs are operating expenses. Operating expenses do not include production costs. Some operating expenses are SG & A costs, rent, utilities, taxes, etc.
Any type of loan payment, including mortgage payments, is not an operating expense.
Answer:
$2,580
Explanation:
Depreciation = (Cost - Residual Value)/ Useful life
Yearly depreciation = ($43-800 - $3000)/8 = $5100
At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500
Net book value at the end of year 5 = $43,800 - $25,500 = $18,300
Year 6, the extra ordinary repair that extended the useful life would be capitalized. Book value = $18,300 + $7,500 = $25,800
As 5 years have been expended, the remaining useful life would be 15-5 = 10 years
Depreciation expense year 6 = $25,800/10 = $2,580
Answer:
A. when the marginal cost of production decreases with output.
Explanation:
the marginal cost is the cost of producing an additional unit.
In economies of scale it will decrease when an increase in production occurs. As the company can negociate lower cost and spread over his fixed cost iver more units of productions. These situation makes the company become more efficient as well thus, lower their cost as a result.