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guajiro [1.7K]
3 years ago
13

What percentage of income do experts typically recommend people spend on

Business
2 answers:
Viktor [21]3 years ago
6 0

Answer:

A

Explanation:

rjkz [21]3 years ago
3 0

Answer: A: 30 percent or less

Explanation:

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Jane currently has $5,000 in her savings account and $2,000 in her checking account at the local bank. Instructions: Use a posit
diamong [38]

Answer:

Change in M1 $400

Changd in M2 $0

Explanation:

The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.

Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money

Change in M1 $400

Changd in M2 $0

7 0
3 years ago
A. Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock.
svlad2 [7]
A......................
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3 years ago
Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excluding depreciation) of $180,
shtirl [24]

Answer:

Estimated change in cash = $220,000

Explanation:

GIven:

Net income = $200,000

Sales = $540,000

Expenses = $180,000

Depreciation expenses = $60,000

Accounts receivable balance increased = $40,000

Find:

Estimated change in cash

Computation:

Estimated change in cash = Net income + Depreciation expense - Accounts receivable balance increased

Estimated change in cash = 200,000 + 60,000 - 40,000

Estimated change in cash = $220,000

7 0
3 years ago
A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. Th
k0ka [10]

Answer:

a. repositioned product

Explanation:

A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. The company changed its campaign to focus on dietary needs rather than just convenience, thus targeting a segment of consumers looking for healthy diet. This is an example of a repositioned product

Product Repositioning refers to a major change in target market's understanding of the product or the brand.

Repositioning a product, means the firm has to change customers view of the product to reflect new benefits.  

Usually businesses reposition a product due to declining performance as a result of stiff competition or due to major shifts in the environment.

4 0
3 years ago
Based on the recognition that states differ in their resource endowments of land, labor, and capital, a theory developed arguing
Solnce55 [7]

Answer:

a. comparative advantage

Explanation:

Comparative advantage is an economic concept that aims to explain differences in production and trade between two different countries or nations, based on the same product. The idea is to analyze which stakeholder has the lowest opportunity cost of the same good. Opportunity cost is a concept associated with productive efficiency, which aims to measure how much a country fails to earn in other activities when deciding a given good. Thus, the country with the lowest opportunity cost will have greater productive efficiency and, consequently, will have the comparative advantage in the production of the good. Thus, this country will specialize in the production of this good and other countries will produce other goods for which their respective opportunity costs are lower. Then countries trade products in international trade and everyone wins.

3 0
3 years ago
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