In order to get clarity on your money goals and have a powerful reminder to keep you on a track, you need to write down goals.
<h3>What is Financial goals ?</h3>
Financial plan is any estimation of money goals. One can have short-term and long-term goals. For example, saving $500 is a short-term goal, but investing for old age is a long-term financial goal. Your goals should make you focus and keep you on track.
- Have specified goals, For example increasing income is not a goal, increasing income by $500 is a goal.
- Make a deadline, Have a deadline for every single financial goal.
- Write them down, Just making a goal and remembering it in mind doesn't works.
- Divide them in parts, dividing goals in parts make them achievable.
Writing down goals helps to get clarity on your money goals and to keep you on a track. because having them in mind creates a blurred vision but writing them down makes them clear.
Hence writing down goals help having clarity on your money goals.
Learn more about money goals here:
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Answer:
Economies of scale
Explanation:
By definition, the concept of economies of scale is a state when the cost of production is saved by producing a larger quantity of output. With each additional unit of increase in the production level, the per unit cost of output is decreased providing the organization with economies of scale.
Answer: B. Anca
Explanation:
From the information provided in the question, we should note that Anca purchasing the tickets will lead to a more economically efficient outcome.
From the information given, we can see that Anca is willing to pay $1250 while Sean wants to pay $705. Therefrom Anca purchasing the tickets leads to a better efficiency.
We can also infer that if Anca pays $1,250, a consumer surplus of $550 is gotten while Sean would get a consumer surplus of only $5.
Therefore, the correct option is B.
Answer:
B.
Explanation:
It can achieve more product life because it has better quality.
Answer:
$765,000
Explanation:
The computation of the accounts receivable balance is shown below:
We know that
Days Sales Outstanding = (Accounts receivable ÷ Credit Sales) × Total number of days in a year
46 days = (Account receivable ÷ $6,205,000) × 365 days
So, the account receivable would be
= ($6,205,000 × 45 days) ÷ 365 days
= $765,000
We simply applied the above formula.
