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3 years ago

1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Business

1 answer:

Andrews [41]3 years ago

3 0

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

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For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two char

Bad White [126]

Answer: PLEASE see below for answer

Explanation: An excludable good is referred to as a private good which restrict people from using them while a non excludable goods are public goods that do not place restriction an so people can access them eg park .

Also, Non-rivalrous goods are those goods that even though consumed by the people will not cause shortage of the availability of the same goods to others. A rivalrous good is the opposite as it causes shortage in availability to others when used.

National Defence----Non excludable and Non Rivalrous

Pay-Per-View cable television---Excludable and NonRivalrous

a Hot Pocket sandwich--- Excludable and Rivalrous

private classroom education--- Excludable and Rivalrous

pajamas--- Excludable and Rivalrous

a unicycle ---- Excludable and Rivalrous

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3 years ago

Mr. Smith believes that there is going to be rise in the equities market. Based on this information, what would allow Mr. Smith

White raven [17]

Answer:

The answer is 'Buy a Stock Index Future'

Explanation:

To take best advantage of this situation, Mr Smith should go long(buy) on this stock.

Stock Index Future js a method of derivates. Futures, like forward contract is a forward commitment which obligates the buyer to purchase an asset or the seller to sell an asset and have a predetermined future date and price. Future is used to hedge against worse future situations.

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4 years ago

What is included in an individual’s personal finances? Check all that apply.

IrinaK [193]

Money number of dependents career

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3 years ago

Direct materials and direct labor are both ______ costs. Multiple choice question. selling and administrative nonmanufacturing p

MariettaO [177]

Direct materials and direct labor are each manufacturing prices.

Production is the production of goods through the use of labor, machinery, equipment, and biological or chemical processing or components.

As an example, bakeries, sweet stores, and custom tailors are taken into consideration in manufacturing, because they invent merchandise out of additives. alternatively, logging and mining are not considered production, because they do not change the best into a brand new product.

Production of goods in big quantities after processing from raw materials to more treasured merchandise is referred to as production. example: Paper is a product of wood, sugar from sugarcane, iron and metallic from iron ore, and aluminum from bauxite. number one goods are manufactured and emerge as completed goods.

Learn more about manufacturing here: brainly.com/question/26320301

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2 years ago

Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,500. Budgeted cash receip

mel-nik [20]

Answer:

$15,500

Explanation:

Whenever there is a movement in cash over a given period, it is usually as a result of receipts and disbursement over the period and can be denoted as;

Opening balance + Receipts - Disbursements = Closing balance.

However, if the company intends to maintain closing balance, the amount to be borrowed would form part of the receipts.

$18,500 + receipts - $189,000 = $30,500

Receipts = $30,500 + $189,000 - $18,500

Receipts = $201,000

Given budgeted cash receipts, totalled $185,500, then amount to borrow

= $201,000 - $185,500

= $15,500

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3 years ago