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3 years ago

3 Is there any way to enjoy some small daily purchases and also make wise, long-term decisions when it

Business

1 answer:

White raven [17]3 years ago

5 0

Answer:

The answer is below

Explanation:

To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:

1. Ensure you have a plan: this will describe your short term and long term goals about your finances

2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%

3. After sometimes, invest 80% of your savings and keep 20%

4. Use credit when only necessary

5. Enjoy yourself sometimes by spending the money for yourself adequately.

6. Keep learning how to maximize your income.

You might be interested in

Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was

Illusion [34]

Answer:

Hello your question is incomplete attached below is the complete question

answer : consolidated Total sales = $1008000

Explanation:

Determine the consolidated totals for sales

to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )

Consolidated Total sales = ($70000 + $400000 ) - $92000

= $1100000 - $92000 = $1008000

8 0

3 years ago

Although many factors affect the value of real property, what is the primary driver in determining the value of real property?

garri49 [273]

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

5 0

3 years ago

The Wod Chemical Company produces a chemical compound that is used as a lawn fertilizer. The compound can be produced at a rate

azamat

Answer:

A. What is the optimal size of the production run for this particular compound?

first we have to determine the holding cost per unit = h = (22% + 012%) x ($3.5) = $1.19 per unit, per year

then we have to calculate the modified holding cost per year = h' = h x [1 / (D/P)] = $1.19 x [1 / (600,000/2,500,000)] = $0.9044 per unit, per year

now we have to substitute h for h' in the EOQ formula:

Q' = √ [(2 x S x D) / h'] = √ [(2 x $1,500 x 600,000) / $0.9044] = 44,612.44 ≈ 44,612 units

B. What proportion of each production cycle consists of uptime and what proportion consists of downtime?

Time between production runs = Q' / D = 44,612 / 600,000 = 0.07435333

Uptime = Q' / P = 44,612 / 2,500,000 = 0.0178448

Downtime = total time - uptime = 0.07435333 - 0.0178448 = 0.05650853

uptime = 0.0178448 / 0.07435333 = 24% of total time

downtime = 0.05650853 / 0.07435333 = 76% of total time

C. What is the average annual cost of holding and setup attributed to this item? If the compound sells for $3.90 per pound, what is the annual profit the company is realizing from this item?

average annual holding cost and setup costs = (AD/Q') + (h'Q'/2) = [($1,500 x 600,000) / 44,612] + [($0.9044 x 44,612) / 2] = $40,144

profit per unit = $3.90 - $3.50 = $0.40 per pound

total annual profit = ($0.40 x 600,000) - $40,144 = $199,856

5 0

4 years ago

To ensure that decision makers have enough information to make god decisions a. Move information to those making the decisions

castortr0y [4]

Answer:

The correct answer is letter "C": All of the above.

Explanation:

Managers should have<em> relevant information</em> handy so they can make optimal decisions. However, the information does not always is received in the first place by managers but by employees. Thus, organizations must find a way to move that information to the top positions.

<em>That is why relevant information must be moved to high-rank executives otherwise the positions of decision-making must be provided to those with more corporate information available.</em>

4 0

3 years ago

During its most recent fiscal year, Raphael Enterprises sold 270,000 electric screwdrivers at a price of $17.10 each. Fixed cost

pantera1 [17]

Answer:

$2,889,000

Explanation:

Sales units = 270,000 units

Sale Price = $17.10

Fixed cost = $729,000

Sales Value = 270,000 * $17.10

Sales Value = $4,617,000

Contribution Margin = Sales- Fixed cost

Contribution Margin = $4,617,000 - $729,000

Contribution Margin = $3,888,000

Variable Cost = Contribution margin- Pretax income

Variable Cost = $3,888,000 - $999,000

Variable Cost = $2,889,000

So, $2,889,000 is the amount that should have been reported as variable costs in the company's contribution margin income statement for the year in question.

8 0

3 years ago