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NARA [144]
2 years ago
8

Why is saving, spending and investing important? long summary

Business
1 answer:
grandymaker [24]2 years ago
3 0
Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

Hope this helps
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The difference between a​ firm's operating income and income before taxes is​ _____. The difference between a​ firm's ​before-ta
monitta

Answer: Option A

Explanation: Operating income refers to the income that the company earns from performing its core operations. It is also denoted as EBIT. Thus, the difference between operating income and income after tax is the tax that has been deducted from the operating income.

While calculating accounting profit, opportunity cost is not deducted from the revenue hence before tax and after tax depicts the investments that were made to earn that profit.

3 0
3 years ago
Read 2 more answers
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.80, and each clock sells for $28. Calculate Junipe
Soloha48 [4]

Answer:

For Juniper Enterprises to breakeven it must sell 607 units

Explanation:

To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.

Break-even point in units=fixed cost/contribution per unit

fixed costs incurred is $8,400

contribution per unit=selling price per unit -variable cost per unit

selling price is $28

variable cost is $16.80

contribution per unit=$28-$16.80=$11.2 0

break-even in units =$6,800/$11.2 0=607 units

8 0
3 years ago
Kelly's Corner Bakery purchased a lot in Oil City six years ago at a cost of $98,700. Today, that lot has a market value of $128
a_sh-v [17]

Answer:

The $623,100 is the amount which  should be used as the initial cash flow for this project

Explanation:

The computation of the initial cash flow is shown below:

= Estimated cost of a new facility on the site + market value of a lot

= $494,200 + $128,900

= $623,100

The asset value should be recorded in the market value so we took the estimated cost and the market value in the calculation part.

The other cost which is given in the question is irrelevant. Thus, it is not considered in the computation part.

4 0
3 years ago
Performance of which activities are most likely to improve in front of an audience?
Firlakuza [10]
<span>Well practiced activities are most likely to improve when performed in front of an audience. On the flip side, if an activity is ill-practiced, the performer is more likely to flub the performance. But practice enhances performance, and so anyone wanting to demonstrate a good show of something should practice it intently beforehand.</span>
7 0
3 years ago
Keisha is buying John's house. The closing date (day belongs to seller) of the sale transaction is September 1 (day 244 of the y
SSSSS [86.1K]

Answer: $116.026

Explanation:

Given the following ;

Yearly hazard insurance = $350

Keisha is the buyer and the closing date of transaction is September 1 of the year.

January 1 till September 1 = 244days

Now Keisha will have to credit John from September 2 till December 31st of that year

Therefore,

September 2 till December 31 = 365 - 244 = 121 days

Daily hazard insurance = $350 ÷ 365 = $0.9589

Keisha's share = $0.9589 × 121 = $116.026

7 0
3 years ago
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