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Wewaii [24]
2 years ago
14

Identify 3 reasons why we should teach financial education.

Business
1 answer:
Sophie [7]2 years ago
4 0

Answer:

Why should financial education be taught in schools?

Financial literacy classes teach students the basics of money management: budgeting, saving, debt, investing, giving and more. That knowledge lays a foundation for students to build strong money habits early on and avoid many of the mistakes that lead to lifelong money struggles

Should financial literacy be taught in schools essay?

it empowers you with basic knowledge of investment options, financial markets, capital budgeting, etc. Understanding your money mitigates the danger of facing a fraud-like situation. ... Basic knowledge of financial literacy will help people with foreseeing the risks and argue/justify with anyone learned and well-informed

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As
Sergio039 [100]

Answer:

Statue of limitations

Explanation:

5 0
3 years ago
When a counselor uses a networked or shared computer for the storage of confidential information on clients, the counselor shoul
Alex

When a counselor uses a networked or shared computer for the storage of confidential client information, the counselor should <u>store confidential records on a portable storage device, rather than on the computer's hard drive</u><u>.</u> A counselor is a person trained to give guidance on personal or psychological problems.

<h3>What is a confidential record?</h3>

Confidential records contain information that for one or more reasons should only be disclosed to specific people or groups.

Therefore, the correct answer is as given above.

learn more about counselor: brainly.com/question/27712678

#SPJ1

5 0
1 year ago
A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t
Zigmanuir [339]
Let
z----------------- > Price Elasticity
x----------------- > % Change in Quantity
y----------------- > % Change in Price

we Know that

Price Elasticity = (% Change in Quantity) / (% Change in Price)----> z=x/y

z=-2
y=-10%
x= <span>?
</span>z=x/y---------------- > x=z*y=(-2)*(-10)=20 %
% Change in Quantity=20%
Part A) how many pizzas will he sell if he cuts his price by 10%?
He will sell (500 +20 %)----------> 500*1.2=600 pizzas per week

the answer part A is 600 pizzas per week

Part B) <span>how will his revenue be affected?
<span>initial revenue per week
</span>500 pizzas*</span><span>$20 =$10000

final revenue per week
(500 pizzas+20%) *(</span>$20-10%)=600 pizzas*$18=$10800
$10800-$10000=$800
<span>
the answer part B is
His revenue </span><span>will increase  $800 per week</span>

4 0
3 years ago
Merchandise accounts and computations LO C2. Kleiner Merchandising Company Accumulated depreciation $700 Beginning inventory 11,
Assoli18 [71]

Answer:

(A) Kleiner Merchandising Company:

Goods available for sale = $24,500

Cost of goods sold = $17,900

Gross profit = $3,600

Net income = $1,550

(B) Krug Service Company:

Net income = $16,300

Explanation:

(A) Kleiner Merchandising Company:

Goods available for sale:

= Beginning inventory + Net purchases

= $11,000 + $13,500

= $24,500

Cost of goods sold:

= Goods available for sale - Ending inventory

= $24,500 - $6,600

= $17,900

Gross profit = Net sales - Cost of goods sold

                    = $21,500 - $17,900

                    = $3,600

(b) Kleiner Merchandising Company:

Gross profit = $3,600

Net income = Gross profit - Expenses

                   = $3,600 - 2,050

                   = $1,550

Krug Service Company:

Net income = Revenues - Expenses

                   = $26,000 - $9,700

                   = $16,300

4 0
3 years ago
Spencer Company purchased a tractor at a cost of $360,000 on January 1, 2019. The tractor has an estimated salvage value of $60,
loris [4]

Answer:

$210,000

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $360,000 - $60,000) / 8 = $37,500

Depreciation expense each year of the useful life would be $37,500.

Book value in 2023 = Cost of asset - accumulated deprecation

There are 4 years between January 1, 2019 and January 1, 2023.

Accumulated depreciation = $37,500 x 4 = $150,000

Book value = $360,000 - $150,000 = $210,000

I hope my answer helps you

3 0
3 years ago
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