1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelechka [254]
2 years ago
15

Benjamin Franklin said, “Beware of little expenses. A small leak will sink a great ship. ” What does this mean to a person tryin

g to build financial stability? How would you restate this saying so that it would be clearer to someone trying to grow a budget?
How would you place the order of these steps to build a budget? 1=first 2=the middle step 3=last
______Analyze cash flow and look for ways to increase your income and decrease your expenses....

______Keep track of your spending...

______Identify your income and your expenses....



What are they, and how would you explain their meaning? Give one example of each.

23.Fixed expenses

________________________________________________________________________



Flexible expenses
________________________________________________________________________



Money that comes to you from: Various jobs or work, like cutting grass or babysitting wages,
Full- or part-time employment, Allowances, Odd jobs, Interest and dividends, Other sources, including tips. Is known as your
_________________.



Where does All the money go?

If you are in the habit of buying the 4 for $4 meal special at the local famous fast food restaurant every day of the week for lunch how much would this add up over time? It might taste good going down but what might you be able to save for if you had all that cash in a savings account?



1 day 1 week 1 month 1 year 5 years 10 years
# of Days 26a 27a 28a 29a 30a 31a
4 for$4 Meal 26b 27b 28b 29b 30b 31b


Identify the LIE about Credit cards....
A. Are used to purchase goods and services.

B. Takes money from your checking account when used to pay for purchases.

C. Are subject to interest charges if the balance is not paid in full each month.



Credit Verses Debit

Which card requires you to have enough money at the time you pay for something?
Which card's balance can increase and accrue charges if you do not pay the entire amount each month?
Which card generally offers purchase protections against faulty goods?
Which card(s) may have fees associated with them?
Which card allows you to pay for unexpected emergencies when you do not have enough money?


What are the outcomes to be expected with overspending on your credit card? You need at least two outcomes for full credit




Debit to Income Ratio

After adding your total income, dividing the total monthly bills by the total income, and convert that to a decimal….What would you advise these individuals who are contemplating a large purchase?

Total Income

Total Monthly Bills

Percentage (divide by 100)

Billy $4000

$2800

?

TiQuan $5000

$4000

?

Nadaja $3000

$1000

?



39 (Billy). ________________________________



40 (TiQuan) ______________________________



41 (Nadaja) ______________________________







Which payment arrangement has the worst deal or the higher interest rate you must pay between the instalment loan or the rent to own arrangement?








What three things would you likely need an installment loan to purchase?


Explain how your credit rating would affect your interest rate applied to your installment loan.








Simply put, Finance is the management of ______________________.








Name 2 examples of items that fall under the category of a long-term financial goal.






47.Name 2 examples of items that fall under the category of a short-term financial goal.









48.. Which of the following statements about investing is FALSE?

On average, investing money in the stock market earns a higher return than putting money in a savings account.
Investing is best for long-term financial goals, like paying for retirement.
Investing is a guaranteed way to grow your money.
Investing is riskier than putting money in a savings account.






This is needed To Calculate Simple Interest (Interest = Principal x Rate x Time or I = P x R x T)

Remember to add the Simple Interest to the Principle to get the total to be paid.

Principle

Rate

Time

Interest

Total to be paid

$10,000

15%

5 years

49a

49b

$5,000

5%

8 years

50a

50b

is the purpose of financial insurance agencies?
Business
1 answer:
Hunter-Best [27]2 years ago
5 0

Answer: n or f

Explanation:

You might be interested in
Are now the largest single component of the supply side of gdp, representing over half of gdp.
saveliy_v [14]

Services are now the largest single component of the supply side of gdp, representing over half of gdp.

4 0
3 years ago
Read 2 more answers
A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
djyliett [7]

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

7 0
3 years ago
A month after your mutual aid agreement is activated for an incident, a participating jurisdiction claims that their responders
vova2212 [387]

Answer:

A. Check the Insurance and Liability section of your mutual aid agreement

Explanation:

Firstly, a mutual aid agreement is a documents that sets the rules or terms under which help or assistance can be provided between two parties, jurisdictions, NGO, etc.

From the above question, it is important that before any step is taken, it is important to check the insurance an liability section of the mutual aid agreement. This will help to ascertain if indeed you are responsible for the healthcare payment of the responders as claimed by the participating jurisdiction.

This helps to clarify who is responsible for the responders.

Cheers

4 0
3 years ago
A __________ is a two-part process. one part explains what an employee would actually do at various jobs.
saw5 [17]
It seems that you have missed the given options for this question, but anyway, here is the answer. A JOB ANALYSIS  is a two-part process; one part explains what an employee would actually do at various jobs. This is considered as the <span>process to identify and determine in detail the particular </span><span>job. Hope this answer helps.</span>
6 0
3 years ago
Read 2 more answers
An organization hired a highly qualified accounts payable manager who had been terminated from another organization for alleged
jeka57 [31]

Answer:

The correct answer is A. Adequately check prior employment backgrounds for all new employees.

Explanation:

It is not enough to simply evaluate the resume and know the candidates' strongest skills, since it may happen that they omit or hide information only to advance in the process and be chosen for the vacant position. In this sense, it is important to carry out verifications of the information provided in order to know exactly what the previous experience, studies and skills have been in search of minimizing the risks associated with money management.

4 0
3 years ago
Other questions:
  • Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i
    8·1 answer
  • Curtis invests $250,000 in a city of Athens bond that pays 7 percent interest. Alternatively, Curtis could have invested the $25
    11·2 answers
  • Each statement below is part of an economic model. Indicate whether the statement is a prediction of cause and effect or an assu
    9·2 answers
  • Pederson Company reported the​ following: Manufacturing costs $ 2,800 Units manufactured 56,000 Units sold 44,000 units sold for
    8·1 answer
  • When a liability is first recorded, it is _____. reported as a current liability. reported as a long-term liability. measured in
    7·1 answer
  • The primary advantages of the average rate of return method are its ease of computation and the fact that a.rankings of proposal
    10·1 answer
  • When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the in
    9·1 answer
  • What are the various forms of business organization? What are the advantages and disadvantages of each?
    11·1 answer
  • The owner of a local restaurant wants to enhance consumers' attitudes toward his restaurant by changing the affective component
    7·1 answer
  • At a price of $100, Beachside Canoe Rentals rented 11 canoes. When it increased its rental price to $125, 9 canoes were rented.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!