All categories

3 years ago

What advice or tips does Lauren Haugen have for people who are learning to manage their finances?

1 answer:

7 0

Answer: Save back for if something urgent happens. Put saving in one account and seperate that from your weekly paychecks because saving and paychecks need to be divided apart so you can live on your weekly income and take a little bit out of the main income and put it in the savings due to inflation it is becoming harder to do such a thing

Explanation: Great!

You might be interested in

Chico Company paid $560,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the

s2008m [1.1K]

Answer: $110,432

Explanation:

The cost allocated to the Office furniture is the percentage of total appraised cost * the price paid for the basket purchase because it shows what proportion of the Basket Purchase should be ascribed to the Office furniture.

Total Appraised value = 140,000 + 460,000 + 110,000

= $710,000

Office furniture Proportion = 140,000/710,000

= 0.1971830985

=0.1972

Amount to be allocated to Office furniture = 0.1972 * 560,000

= $110,432

$110,432 should be allocated to the office furniture.

= $110,422.

3 0

3 years ago

"Allison is going to create a lawn service business. Allison would like to limit her liability by creating a subchapter "S" corp

expeople1 [14]

Answer:

Since all businesses, except sole proprietorships, must obtain a state charter to start operating, the best place to look for is the state's statutes which regulate them.

A state statute is basically a state law that regulates or prohibits certain activities, and it must be passed by state legislatures. State legislatures generally have all their statutes organized and available for the public, e.g. by accessing the state legislature's website you can generally access all the statutes passed by them and search for the ones that apply to S corporations.

7 0

4 years ago

Assume that Pope Enterprises held a $10,000, 10 percent, six-month note signed by Mary Drew. On December, 1, 2015, the maturity

Sergio039 [100]

Answer:

See explanation section.

Explanation:

The journal entry to record the failure of paying note receivable which is dishonored by pope, is as follows:

December 1, Accounts receivable Debit $10,500

Notes receivable Credit $10,000

Interest receivable Credit $500

Calculation: Interest receivable = $10,000 × 10% = 1,000 × 6 ÷ 12 = $500

If a customer pays the bill later, a new interest will have to pay to the seller.

8 0

3 years ago

The multi resource company manufactures two lines of washing machines, regular and deluxe. the contribution margin per unit of a

Snowcat [4.5K]

Based on this information, the optimum production plan for multi-resource production is <u>3,036 Deluxe models</u>.

<h3>What is the optimum production plan?</h3>

The optimum production plan is the production plan that yields the highest level of contribution margin per unit of the limited resource.

<h3>Data and Calculations:</h3>

Regular Deluxe Total

Contribution margin per unit $110 $175

Assembly hours 3 4 12,144

Testing hours 2.5 1.5 6,240

Limited resource = Assembly hours

Contribution margin per unit of limited

resource = $36.67 ($110/3) $43.75 ($175/4)

Thus, the optimum production plan is to maximize the contribution margin per unit of the limited resource by producing <u>3,036 units</u> of the Deluxe Model (12,144/4).

Learn more about maximizing contribution margin at brainly.com/question/26762552

#SPJ1

8 0

2 years ago

How is a Lorenz curve used to represent a nation's income distribution? A. The more bowed the curve the more unequal the distr

Paul [167]

Answer:

D. The closer the Lorenz curve is to a straight line, the more equal the distribution of income.

Explanation:

Lorenz curve, a curve often used in socioeconomics, is a curve that depicts the level or state of the wealth or income distribution in a given society, country, or economy.

The curve in its attempt to depicts the nation's income distribution indicates that the closer a straight line, the more equal the distribution of income and vice versa.

Hence, the correct answer is Option D

4 0

3 years ago