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3 years ago

What is the main reason to use a personal budget

1 answer:

6 0

Answer: the main reason to have a personal budget is to teach you how to spend wisely and to help you make the best financial and spending decisions.the major main reason for budgeting is the desire to great'en your wealth by making smart and efficient use of your money.

Explanation:

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Polar Containers makes high-end coolers for camping. The total task time needed to make a cooler is 310 seconds, with the long

Degger [83]

Answer:

TAKT time: 840 seconds

maximum output: 315 coolers.

Explanation:

The takt time refers to matching the production pace with the demand

$\frac{availalbe-working-time}{customer \: or \: firm \: demand}$

To produce 30 coolers per 7-hours day we need an outpot of:

7 hours x 60 minutes x 60 seconds = 25,200

output of 30 coolers

takt: 25,200 / 30 = 840 seconds

producing a cooler every 840 seconds is the takt time.

Maximum output:

If the company does several cooler in parallel it will have a bottle neck in the longest individual task so, this time determinates the maximum output.

25,200 second of working time available

80 second longest task to complete a cooler:

25,200 / 80 = 315 coolers.

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3 years ago

Monica has $500 to spend and wants to buy either a new snowboard or a new laptop. both the snowboard and the laptop cost around

ikadub [295]

Is that people face trade offs

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3 years ago

How do you know how the government works on... there are reports but yet its top secret how do people know about things from the

Inessa05 [86]

Answer:

Hackers probably and even if only one person leaks something, it'll travel fast.

Explanation:

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3 years ago

Kimberly sold equipment that she uses in her business for $50,000. Kimberly bought the equipment two years ago for $60,000 and h

PSYCHO15rus [73]

Answer:

$20,000 ordinary gain

Explanation:

Data provided in the question:

Cash proceeds from Selling of the equipment = $50,000

Purchasing cost of the equipment = $60,000

Depreciation expense = $30,000

Now,

The book value of the equipment

= Purchasing cost of the equipment - Depreciation expense

= $60,000 - $30,000

= $30,000

Since,

the amount of proceeds from sales is higher than the book value of the equipment

Therefore a gain will be recognized

The amount of Gain = proceeds from Selling - book value

= $50,000 - $30,000

= $20,000

Hence,

$20,000 ordinary gain

7 0

4 years ago

Lynch Company began operations in 2019. The company reported $24,000 of depreciation expense on its income statement in 2019 and

rusak2 [61]

Answer:

2019 $8,000

2020 $19,000

Explanation:

Calculation to determine the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020.

Calculation for 2019 Temporary differences

2019

Using this formula

2019 Temporary differences = 2019 Depreciation- 2019 depreciation expense

Let plug in the formula

2019 Temporary differences =$32,000 - $24,000

2019 Temporary differences= $8,000

Calculation for 2020 Temporary differences

Using this formula

2020 Temporary differences=(2019 Depreciation+2020 Depreciation)-( 2019 Depreciation expense+2020 Depreciation expense)

Let plug in the formula

2020 Temporary differences= ($32,000 + $37,000) - ($24,000 + $26,000)

2020 Temporary differences=$69,000-$50,000

2020 Temporary differences= $19,000

Therefore the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020 will be $8,000 and $19,000

3 0

3 years ago

What is the main reason to use a personal budget​

What is the main reason to use a personal budget