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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
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Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult
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Explanation:

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A stock is expected to pay $0.70 per share every year indefinitely. If the current price of the stock is $18.90, and the equity
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Answer:

$32.72

Explanation:

In this question, we are asked to calculate the price an investor would be expected to pay per share in the next five years.

We proceed as follows to calculate this.

Dividend = $0.70

Share price = $18.90

Hence = Dividend / Share price

= 0.70 / 18.90

= 0.037037

Cost of Equity = 7.9%

Expected growth = 0.037037 + 0.079

= 0.116037

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= 1.116037

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5 0
3 years ago
Which of the following is the last step in creating a budget?
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An asset having a four-year service life and a salvage value of $6,000 was acquired for $50,000 cash on April 5. Using straight-
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Answer:

the depreciation expense at the end of the first year, December 31 is $ 8,250

Explanation:

Straight line Method of Depreciation Charges the same amount of depreciation over the useful life of the asset.

Depreciation Charge = (Cost - Salvage Value) / Useful Life

Depreciation Charge = ($50,000-$6,000) / 4 years

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<u>Apportionment of Depreciation Charge</u>

<em>From April 5 to December 13 there are 9 months</em>

Therefore depreciation for the year is apportioned as follows :

Depreciation Charge = 9/12× $11,000

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3 0
3 years ago
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