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sineoko [7]
3 years ago
15

If your monthly net (after-tax) income is $1,500, what should be your maximum amount spent on credit payments? $200

Business
2 answers:
Lady_Fox [76]3 years ago
7 0

Rule of thumb is you never want more than 20% of your income to go to credit card payments. If your monthly net income is $1,500 to find the amount spent on credit card payments take 20% of $1,500 = $300. $300 is the max amount you should spend on credit payments.

mihalych1998 [28]3 years ago
6 0
20% of $1,500 = $300
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Discuss the propriety of showing: a) treasury stock as an asset - b) ""gain"" or ""loss"" on sale of treasury stock as additions
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Answer:

a. Treasury stock cannot be shown as an asset because a company cannot buy itself.

b) Gain or loss on sale of treasury stock is not to be treated as income, it should be added or subtracted from share capital because it is a capital transaction.

c). Treasury stock is not an asset. Dividends received from treasury stock cannot be treated as income, it is only assets that generates income.

Explanation:

When corporations for some strategic reasons and the desire to maintain and stabilize the shareholders wealth decide to buy back some of its shares, that is what is known as treasury stock. It is also called reacquired stock

a. The treasury stock is like a corporation acquiring itself, so it cannot be shown as an asset, it is only a reclassification within the same balance sheet.

b. Gains or loss on sale of treasury stock is not an income transaction, it is a transaction that affects the share capital of the corporation and must be charged to the share capital not the income.

c. Since treasury stock is not an asset, dividend received on treasury stock is not to be treated as income, it is only assets that generates income. it should affect retained earnings.

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Effective influence tactics: Glad-handling

2. Nami agrees with every single thing her boss says in every single meeting.

Effective influence tactics: Be subtle

3. Ryan knows that he can get the raise he wants if he puts pressure on his supervisors. But this doesn’t feel natural to Ryan, so he decides to take an approach that is truer to who he is.

Effective influence tactics: Be authentic

4. Tia knows that introducing a new software platform at her company is going to be a source of stress for her employees who are accustomed to doing things in the old platform. Therefore, Tia elicits feedback from each employee on what they would like to see in a new platform that the current platform doesn’t offer.

Effective influence tactics: Consult rather than legitimate

5. Veronica wants her employees to volunteer at the company’s annual charity fundraiser, so she shows them some corporate footage of the people who have been helped by the fundraiser in the past.

Effective influence tactics: Rely on the core

6. Danielle feels strongly that the best way to get her boss to notice her hard work is to keep producing and doing a great job, rather than to be a kiss-up.

Effective influence tactics: Glad Handling

7. Marques wants to be a great manager and knows this involves learning to influence people effectively. He signs up for a course on power and social influence in business to hone his skills.

Effective influence tactics: Learn to influence

8. Abir is never comfortable getting coworkers to agree with him by reminding them of how good of a friend he’s been to them. But he decides to use this tactic anyway because he knows it’s more effective than some of the other tactics

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9. Eric is skilled at getting people on his side by making understated comments indicating that he shares their opinions on work-related matters.

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10. Wasim wants to get everyone in his team on board with his suggestion, so he starts making promises to each team member about how he’ll help them out the next time they have an idea they want the group to embrace.

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11. Chloe doesn’t try new tactics for influencing her peers or supervisors because she knows that if she isn’t good at a tactic now, there’s no way to get better at it.

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This segment involves the tasks one has placed the highest priority on. The jobs involved here are the ones that cannot be postponed and must be immediately attended to. Examples of items here include a medical emergency, fast-approaching deadline for a job and a family crisis.

Quadrant Two: Important But Not Urgent:

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Quadrant Three: Urgent But Not Important

Items in Quadrant Three are seen as distractions or interruptions which gets in ones way of completing jobs in Quadrants One and Two. They seem urgent but are not really vital like the ringing of your phone.

Quadrant Four: Not Urgent and Not Important

These items are bad and unproductive habits that are neither vital nor urgent and gets in ones way of accomplishing tasks. Items here include watching television, surfing webs aimlessly.

From each quadrants explained, we can deduce that the answer to the question is quadrant 3.

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4 years ago
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