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2 years ago

What are three strategies that you can use to make better financial decisions?

2 answers:

8 0

Investing at a young age so you can either have a heathy amount of money or retire at a young age, try to have people work for you and not work for someone, be smart with your money and use common sense when buying something. Example: “do I really need this though?”

leonid [27]2 years ago

4 0

I would say save, invest and start a business

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The expenditure multiplier leads to greater than one-for-one changes in output when autonomous expenditure changes because______

In-s [12.5K]

Answer:

This is because a change in autonomous expenditure changes income and sets off further changes in induced expenditure.

6 0

2 years ago

Read 2 more answers

The Iowa legislature passed a law banning trucks 65 feet long or longer from operating on its roads and highways because big tru

IrinaVladis [17]

Answer:

unconstitutional under the "dormant" commerce clause.

Explanation:

The Commerce Clause (Article 1, Section 8, Clause 3 of US Constitution) state that Congress has the power <em>"to regulate commerce with foreign nations, and among the several states, ..."</em>

The dormant commerce clause refers to limitations on state powers, which cannot pass any law that excessively burdens or discriminates against interstate commerce. Only Congress has the power to regulate interstate commerce.

5 0

2 years ago

small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time ne

galina1969 [7]

Answer:

Pay back period =3 years 4 months

Explanation:

The payback period is the estimated length of time it takes cash inflow from a project to recoup the cash outflow.

The payback period uses cash flows and not profit.

The payback period can be determined by accumulation the cash inflow consecutively to ascertain the length of time it will take the sum to equate the initial cost.

This will be done as follows:

The sum of the cash in flows for the first three years would equal

650× 3= 1,950

The balance required to equate 2,150 would be

balance = 2150-1950 = 200

Pay back period = 3 years + (200/650)× 12 months

= 3 years 3.6months

Pay back period =3 years 4 months

7 0

2 years ago

Yard Mowing. Paula agreed to mow John's yard once a week for $50 per week throughout the summer. Paula, however, was having trou

ira [324]

Answer:

B) Paula's performance prevents the instruments from being negotiable,but only if Paula meets the burden of proof of establishing by a preponderance of the evidence that she did an acceptable job mowing the yard.

Explanation:

Initially, there was a verbal contract between them which John did not oppose. His observations ought to have made known to Paula after mowing the yard probably the second time, so that she would be aware of his reservation.

John might be right with his claim and thus his decision not to pay the wages. But a good question to ask from him is if he observed the claim immediately after Paula finished her job or a few days after. Secondly, probably he had an alterior motive even before the agreement.

The only action that Paula can take to weaken John's claim is to provide an evidence to support her good job done after each mowing.

6 0

2 years ago

Simon lost $5,000 gambling this year on a trip to Las Vegas. In addition, he paid $2,000 to his broker for managing his $200,000

garik1379 [7]

Answer:

for AGI is $40,000 amount of deduction =$2700

AGI is $200,000 there can not deduct any amount of expenses

Explanation:

given data

Simon lost gambling = $5,000

paid broker = $2,000

portfolio = $200,000

tax return = $1,500

transportation costs = $2,500

to find out

amount of these expenses that Simon is able to deduct when Simon's AGI is $40,000 and $200,000

solution

we know here itemized deduction subject to 2% of AGI floor limit

so amount of deduction will be for AGI is $40,000

amount of deduction = Expenses allow - 2% of AGI ..............1

amount of deduction = 2000 + 1500 - 2% × 40000

amount of deduction = 3500 - 800

amount of deduction =$2700

and amount of deduction will be for AGI is $200,000

we know here 2% of AGI = 2% × 200,000 = $4000

that is exceed the sum paid to broker and accountant

so there can not deduct any amount of expenses

5 0

2 years ago