1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Damm [24]
4 years ago
15

Why is it important to keep your own financial records?

Business
1 answer:
Serhud [2]4 years ago
4 0

Answer:

You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business

Explanation:

You might be interested in
A doctor wants to estimate the hdl cholesterol of all? 20- to? 29-year-old females. how many subjects are needed to estimate the
Ira Lisetskai [31]

 

Given the following:

Sigma                                 = 17.8

E                                         = 44 points

Confidence interval        = 99% - 2.58

Confidence interval        = 95% - 1.96

In order to get the sample size, use the formula:

For 99% confidence level

n            = [ (z value x s) / E ]2

n            = [ (2.58 x 17.8) / 44]2

n            = 1. 089 or 1 (rounded up)

For 95% confidence level

n            = [ (z value x s) / E ]2

n            = [ (1.96 x 17.8) / 44]2

n            = 0.628 or 1 (rounded up)

As we decrease the confidence level, from 99% to 95%, our confidence interval gets smaller. In additional, to be more confident that our interval actually comprises the population mean we have to increase the size of the interval. To ease that trade off between level of confidence and the precision of our interval is to primarily increase the sample size. 

8 0
3 years ago
Sacrificing individual recognition, putting the needs of others first, and focusing on the greater good are all aspects of which
nexus9112 [7]

Answer: Committing to a team

Explanation:

When a person is integrated into a company or organization and puts all his efforts so that there is a group growth, he is a person who is committed to his team. He is someone who thinks beyond, does not simply focus on individual recognition or being the first, but seeks that everyone can grow and receive the same recognition. This type of attitude helps a lot so that companies or any entity where they work as a team can have a positive work environment. When a person focuses on working together and not individually, the results are greater and everyone wins.

Teamwork and the commitment that this brings is a sign that a person does want the best for the company where he works and for all the people around him.

5 0
3 years ago
Suppose that in a closed economy GDP is 11,000, consumption is 7,500, and taxes are 500. What value of government purchases woul
yKpoI14uk [10]

Answer:

$1,500; Deficit

Explanation:

Given that,

GDP = $11,000,

Consumption = $7,500

Taxes = $500

National saving = Public saving + private saving

$2,000 = (GDP - Consumption - Government purchases)

$2,000 = $11,000 - $7,500 - Government purchases

Government Purchases = $11,000 - $7,500 - $2,000

                                        = $1,500

Therefore, the government purchases is greater than the tax amount. Hence, the government have a deficit.

3 0
4 years ago
Which of the following is NOT a reason to complete the Free Application for Federal Student Aid (FAFSA)?
Veseljchak [2.6K]

Answer:

its no obligadp

Explanation:

5 0
3 years ago
A salesperson should acquire and practice what quality to avoid the customer becoming guarded
Alenkinab [10]
A sales person should always be patient and kind to the customer in order for the customer to not feel pushed to buy a product.
Hope I could help!
8 0
4 years ago
Other questions:
  • Google Ads was designed to help businesses achieve online success. To accomplish this, Google Ads was built on three core princi
    6·1 answer
  • Wiley company purchased new equipment for $60,000. wiley paid cash for the equipment. other costs associated with the equipment
    10·1 answer
  • In order for a loss on the disposal of a discontinued operation to be classified on the income statement as a discontinued opera
    8·1 answer
  • The ________ shows the change in the firm's working capital since the beginning of the year. 1. balance sheet 2. income statemen
    5·1 answer
  • Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of
    13·1 answer
  • As the price of a slice of pizza increases, what most likely happens to the quantity demanded?
    11·2 answers
  • All of the following are anticipated effects of a proposed project. Which of these should be considered when computing the cash
    12·1 answer
  • On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances:
    6·1 answer
  • Marco agrees to sell Clowns R Us some balloons. The contract states that Clowns may buy as many balloons as it wishes. This agre
    13·1 answer
  • Compared to wt mice, which experimental group of mice is most likely to remain lean when fed a hfd?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!