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In-s [12.5K]
2 years ago
14

Mention two ways of using money wisely​

Business
2 answers:
Bess [88]2 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]2 years ago
4 0
Investing in stock is a wise use of your money please mark brainliest
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Road Hazards has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bon
Alexeev081 [22]

Answer:

At par

Explanation:

From the question we are informed about Road Hazards with has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bondholders. In this case these direct payments are a clear indication that the bonds can accurately be defined as being issued at par. A par bond can be regarded as bond that is been sold at the exact face value, most mind sells at the face value of $1000, that $1000 is the face value, any par bond usually give an investor a yield which matches the amount of coupon that is associated to the bond.

.

7 0
3 years ago
An effort to determine the fit between the organization's characteristics and its tasks and the motivations of individuals is re
seropon [69]

Answer:

B. Contingency

Explanation:

Contingency theory was proposed by Fred Edward Fiedler and it states that the success of a leader does not only depend on his abilities. It focuses on situational differences both between organizations and within an organization. It tries to match management practices with situational demands. It refers to the effort in determining the fit between the organization's characteristics and its tasks and the motivations of individuals.

5 0
3 years ago
Manufacturing reports the following data for the month: Purchases of raw materials, on account $55,250 Materials requisitions: D
xxMikexx [17]

Answer:

Journal 1

Direct Materials $49750 (Debit), Indirect Materials $3700,(Debit)  Direct labor $ 51000 (Debit), Indirect labor $ 2500 ( Debit), Manufacturing Overhead Account $106960 (Credit)

Journal 2

Manufacturing Overhead Account $106960 (Debit), Accounts Payable $106960

Explanation:

Journal 1

Materials and Labor (both direct and indirect) resource acquired shows an accumulation of resources needed for manufacturing process.

Therefore these resources are being recorded in their respective accounts and transferred to manufacturing overhead account.

Journal 2

Both materials and Labor acquired for manufacturing process are still owing.The journal represent a present obligations in settlement of the Manufacturing overhead (Both for Materials and Labor)

7 0
3 years ago
For a qualifying relative to be claimed as a dependent, a person must either be related to the taxpayer, or be a member of the t
Burka [1]

Answer:

The correct option is (C)

Explanation:

To be able to claim somebody as a dependent, the person has to qualify 4 tests. They are:

  • Lineal descendant
  • Must live with the taxpayer for more than a year
  • Should be below 19 years or under 24 if a full time student
  • Cannot file return on their own.

If a person who is not a lineal descendant to be claimed as a dependent needs to be a part of taxpayer's household for 365 days (whole year).

In this case, taxpayer's cousin is not a lineal descendant. Rest of them (sister, father and son-in-law) are lineal descendants. So, cousin has to stay with the taxpayer for the entire year.

5 0
3 years ago
The Wong family has a disposable income of $70,000 annually. Currently, the Wong family spends 80% of new disposable income on c
USPshnik [31]

Answer:

Annual consumer spending for the Wong family is = $58.000

Explanation:

Disposable income $70,000

Marginal propensity to consume 0.8

Autonomous consumption spending $10,000.

If the disposable income (the money needed to survive) is $10.000 then the $60.000 left to complete $70.000 will be consumed at a rate of 80% or 0.8 cents per each dollar received. Therefore,

Annual consumer spending = $10.000 + ($60.000*0.8)

Annual consumer spending = $10.000 + $48.000

Annual consumer spending = $58.000

7 0
3 years ago
Read 2 more answers
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