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
In-s [12.5K]
3 years ago
14

Mention two ways of using money wisely​

Business
2 answers:
Bess [88]3 years ago
7 0
  • SPENDING: rather than spending earned money as soon as you get your paycheck, save it so you can get something bigger you'll actually need; rather than a bunch of $5 knickknacks

  • PROFIT: typically, people buy something cheaper. Sell your items for less. For example, Jack sells lemonade for $10, and Ash sells for $9. Since they are selling the exact same thing, more people will go to Ash, therefore making them more money. If there are only 2 people willing to spend $10 for a cup of lemonade, Jack will make $20. If 3 people choose Ash, Ash will make $27.

please mark Brainliest <3

Ilya [14]3 years ago
4 0
Investing in stock is a wise use of your money please mark brainliest
You might be interested in
Matt Shaw buys 100 shares of common stock for $8,000 in January. The value of the stock fluctuates in a narrow range (averaging
jekas [21]

Answer:

a. $8,200

Explanation:

The same accounting principles would be applied to non-profit entities while recording their assets as applied to other entities.

Non-profit entity would record its assets at fair value same as assets are recorded by other entities.

3 0
3 years ago
What is the difference between being overstaffed and overhired
sp2606 [1]
Overstaffed is "having more members of staff than are necessary" and overhired is "hiring too many employees".
6 0
3 years ago
All of the following are correct statements about transfers between divisions located in countries with different tax rates exce
IceJOKER [234]
I think it’s A .................
3 0
3 years ago
Why is there a time value of money (cash received today is valued more than cash received a year fromnow)?a. Interest rates are
Simora [160]

Answer:

<u>A and B are correct</u>

Explanation :

  • The TVM concept is based on the value of money which is today may change with time as a rise or fall in prices thus this explains why the interest rates are paid and calculated on the basis of the present values that may change such as future sum of money of cash flows, can get discontinued at the discounted rates.
  • Future values can be ascertained based on the present value of the product/assert. Thus the interest rates and inflation rates change as the risks and the consumer's needs will always be present and have existed earlier.
  • It's calculated by the present value and future value of money multiplied by the interest rate and the total number of years. I.e
  • FV = PV x [ 1 + (i / n) ] (n x t)
7 0
3 years ago
Sheffield Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting record
Yakvenalex [24]

Answer:

Work-in-process - Assembly Department  $64,160 (debit)

Work-in-process - Finishing Department  $38,080 (debit)

Overhead $102,240  (credit)

Explanation:

Assembly Department Costs Assignments

J1 : Raw Materials

Work -in-process $27,100 (debit)

Raw Materials (credit)

J2 : Labor

Work -in-process $40,100 (debit)

Salaries and Wages Payable $40,100 (credit)

J3 : Overheads

Work-in-process  $64,160 (debit)

Overhead $64,160 (credit)

Finishing Department Costs Assignments

J1 : Raw Materials

Work -in-process $23,200 (debit)

Raw Materials $23,200 (credit)

J2 : Labor

Work -in-process $23,800 (debit)

Salaries and Wages Payable $23,800 (credit)

J3 : Overheads

Work-in-process  $38,080 (debit)

Overhead $38,080  (credit)

Summary of assignment of overhead

Work-in-process - Assembly Department  $64,160 (debit)

Work-in-process - Finishing Department  $38,080 (debit)

Overhead $102,240  (credit)

3 0
3 years ago
Other questions:
  • U.S. Products operates two divisions with the following sales and expense information for the month of May: North Division: Sale
    7·1 answer
  • An employee at a company is suffering from severe back injury, which is a covered disability. The employee comes to know of a va
    7·1 answer
  • Explain the term “Flag of Convenience" and how it might affect International Business.
    9·1 answer
  • Southeastern Bank organizes its loan operations based on the market served—consumer, small business, or nonprofit organizations.
    10·1 answer
  • Bentley manages a building supply company. He wants to invite 20 of his most valuable building-contractor customers to a golf ou
    12·1 answer
  • Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 unit
    13·1 answer
  • King Costume uses a periodic inventory system. The company started the month with 6 masks in its beginning inventory that cost $
    12·1 answer
  • Determine how the following scenarios affect the firm's cash position. Identify whether the scenario describes a financing, inve
    6·1 answer
  • George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents
    12·1 answer
  • The activities needed to operate a business can be divided into a number of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!