People are living paycheck to paycheck why is that a problem

1 answer:

5 0

Living “paycheck to paycheck” can be a problem because most of the time people would have no money in their savings account and you wouldn’t meet your financial problems if unemployed.

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4/ "People 3. How can you are attracted to the poultry farming these days" Explain with practical examples.people are attracted

Ray Of Light [21]

we can attracted to the poultry farming these days by saying eveyone to involve in this work and be excited

3 0

3 years ago

A theater has fixed operating costs, such as electricity, salaries, and rent. What is this break-even point called

3241004551 [841]

The fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

Usually, the break-even point is the point where the total revenue equals the total costs of the business.

In other word, the break-even point means that the expenses and revenue are equal and thus, the company will record neither a net loss or gain.

The formula used to derive the Break even unit is [Fixed Costs / (Sales price per unit – Variable costs per unit)}

Therefore, the fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

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7 0

2 years ago

The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

MrRissso [65]

The problem of bankruptcy is associated with the misuse of credit in the borrowing component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

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4 0

2 years ago

The city of spartan's fiscal year ends on december 31. on october 1, 2017, the city issued $1,000,000 of 6%, 10-year term bonds

Semenov [28]

Answer: There was $0 in 2017 and $60,000 in 2018.

Explanation: The amount of interest that it is paying for each year on the bonds needs to be recognized in the debt service fund. In 2017 there was not payment made on the bond interest, because they were issued on October 1.

In 2018 there were two bond payments made. The annual interest is 6%, so the total interest to be recorded as an expenditure for the year is .06 x $1,000,000 = $60,000.

7 0

3 years ago

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and

kumpel [21]

Answer:

Relationships; Competition.

Explanation:

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to relationships, and from competitions to collaboration.

Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

4 0

3 years ago

People are living paycheck to paycheck why is that a problem￼

People are living paycheck to paycheck why is that a problem