ADR is typically faster and less expensive than litigation.<br><br><br> True<br><br> False

Which of the following is an effective strategy for personal saving?

trasher [3.6K]

The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

<h3>What is personal saving?</h3>

Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.

The effective strategy for personal saving a person is expected to follow is for the person to save a percentage of each of their salary or paycheck and deposit the money directly into their savings account.

Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

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6 0

2 years ago

Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 6,600 Apr. 30 Goods finished X 30 D

vladimir1956 [14]

Answer:

The balance of Work in Process as of April 30 is $3,470.

Explanation:

Work in Process

Apr. 1 Balance 6,600

Apr 30 Direct materials 51,600

Apr 30 Direct labor 190,900

Apr 30 Factory overhead 57,270

Apr. 30 Goods finished = Opening Balance + Direct Material + Direct labor + Factory overheads - Goods Finished during the April

Apr. 30 Goods finished = 6,600 + 51,600 + 190,900 + 57,270 -302,900 = 3,470

Finished Goods

Apr. 1 Balance 16,000

Apr 30 Goods finished 302,900

7 0

4 years ago

First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:

Assoli18 [71]

The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

<h3>How are office supplies on credit recorded?</h3>

Office supplies on credit means office supplies bought on credit by the firm.

In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

Read more about Accounts Payable

<em>brainly.com/question/1347024</em>

5 0

3 years ago

An example of an externally identified problem would be management voicing concern about the organization's lack of a competitiv

asambeis [7]

Ihope it helps you

ithink the answer is true !!!

8 0

4 years ago

Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a 20% down payment. For examp

Artist 52 [7]

Answer:

Mary Kate: $103,528.15

Ashley: $135,377.97

Dakota: $166,294.24

Elle: $187,409.00

Explanation:

Mary Kate

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $3,900 x ( 1 + 3% )^5 - 1 / 3% = $20,705.63

Amount affordable = Future value of investment / Rate of down payment = $20,705.63 / 20% = $103,528.15

Ashley

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $4,900 x ( 1 + 5% )^5 - 1 / 5% = $27,075.59

Amount affordable = Future value of investment / Rate of down payment = $27,075.59 / 20% = $135,377.97

Dakota

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 6% )^5 - 1 / 6% = $33,258.85

Amount affordable = Future value of investment / Rate of down payment = $33,258.85 / 20% = $166,294.24

Elle

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 12% )^5 - 1 / 12% = $37,481.80

Amount affordable = Future value of investment / Rate of down payment = $37,481.80 / 20% = $187,409.00

7 0

3 years ago

ADR is typically faster and less expensive than litigation. True False