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3 years ago

Why is it important to track your income and your expenses?

Business

1 answer:

Misha Larkins [42]3 years ago

6 0

Answer:

1. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

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Brown Office Supplies recently reported $15,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depre

zhenek [66]

Answer:

$630

Explanation:

The computation of the firm's interest expense is

= Outstanding bonds × rate of interest

= $9,000 × 7%

= $630

For computing the interest expense, we multiplied the outstanding bond with the interest rate so that the accurate amount could come

This is the answer but the same is not provided in the given options

6 0

3 years ago

The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there

OLga [1]

Answer:

The correct option is B,zero monetary cost but a $1,000 per month opportunity cost

Explanation:

Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.

Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.

4 0

3 years ago

Difference between administrative manpower and technical manpower

saveliy_v [14]

Answer:

Here's ur answer

HAVE A NICE DAY

6 0

3 years ago

Read 2 more answers

If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today

jonny [76]

Complete Question:

Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years.

a. If the last dividend paid was $10, what will the next dividend be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Dividend $

b. If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Stock price $

Answer:

Requirement A. $12 per share

Requirement B. $44.14 per share

Explanation:

Requirement A.

The next dividend can be calculated using the following equation:

Next Dividend = D0 * (1 + g)

Here

D0 is the current dividend which is $10 and g is the Growth Rate which is 20% for the first three years

By putting values, we have:

Next Dividend = $10 * (1 + 20%)

= $12 per share

Requirement B.

Year Dividend Growth Rate New Dividend

1 10 20% 12

2 12 20% 14.40

3 14.4 20% 17.28

4 17.28 2% 17.63

Stock Price = $17.63 * (1 + 2%) / (21% - 2%) = $94.62

The above stock price calculated is the value of stock at the end of year 4. To discount it back to year zero, we will discount it by 21%.

Stock price at year0 = $94.62 / (1 + 21%)^4 = $44.14 per share

6 0

3 years ago

Two things that help you begin decomposing work are _____ and _____. Select an answer: reporting period; deliverables the scope

Rashid [163]

Answer:

the scope statement; deliverables

Explanation:

"Decomposing" a project will ensure an efficient way of accomplishing the project's goal. Before doing this, it is important to know what "the scope statement" is and the "deliverables" (multiple tasks in the production).

"The scope statement" allows one to know what should be included in the decomposition. It also tells when you are going to stop breaking down and what tasks are to be included. Once you know this, it becomes easier to decompose a project with one deliverable at a time. The scope will also be further clarified.

So, this explains the answer.

8 0

3 years ago