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zzz [600]
3 years ago
11

One reason for becoming financially literate is to _____.

Business
2 answers:
Alenkinab [10]3 years ago
7 0

Answer:

help you become a millionaire is right one because if you how to make thn it goes doubling itself

Explanation:

help you become a millionaire

Murljashka [212]3 years ago
6 0

Answer:

choose high-risk investments

Hope it helps

U 2 can help me by marking as brainliest....

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Accrued revenues: Multiple Choice At the end of one accounting period result in cash receipts in a future period. At the end of
Ipatiy [6.2K]

Answer:

At the end of one accounting period result in cash receipts in a future period.

Explanation:

Accrued revenues is money owed by customers for goods bought or services purchased.

Accrued revenue is recorded as an asset on the balance sheet as receivables.

For example, if a customer buys a dress and is yet to pay for the dress. the amount the customer is supposed to pay is recorded as an accrued revenue at the end of the accounting period

Unearned revenue is money received by a company for services that are yet to be rendered.

8 0
3 years ago
Which of the following statements is CORRECT? a. The present value of a 3-year, $150 annuity due will exceed the present value o
lorasvet [3.4K]

Answer:

Statement a. is correct.

Explanation:

The effective annual rate is always higher than the nominal interest rate, as the formula is clear for any number of periods, for any interest rate:

Effective Annual Rate of return = (1 + \frac{i}{n})^n - 1

Further if we calculate the present value of annuity due and ordinary annuity assuming 6 % interest rate, then:

Present value of annuity due =

(1 + 0.06) \times 150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )

= 1.06 \times $400.95

= $425.0089

Present value of ordinary annuity = 150 \times (\frac{1 - \frac{1}{(1 + 0.06)^3} }{0.06} )

= $150 \times 2.6730

= $400.95

Therefore, value of annuity due is more than value of ordinary annuity.

Statement a. is correct.

5 0
3 years ago
In the context of planning a training program, even though it is time-consuming, putting together a _____ is worthwhile because
tekilochka [14]

Answer:

Request for proposal

Explanation:

The correct answer is a request for proposal. A request for proposal (RFP) is a business document that announces and gives detailed explanations about a project, it also helps an organization solicitation of bids from contractors who will help in the completion of the project. organization clarify training objectives, compare vendors, and measure results.

6 0
3 years ago
For the following transaction, determine whether cash flows from operating activities will increase, decrease, or remain the sam
lutik1710 [3]

In case of accrued payroll for the month but did not pay the cash flow from activities will remain the same.

Considering, that the charge has now not been made, it has not led to any outflow of cash. It is going to be treated as a cash outflow in the month in which the payment is definitely made.

There are three cash flow sorts that organizations should track and examine to decide the liquidity and solvency of the enterprise: coins float from working activities, coins drift from investing in sports and coins flow from financing sports. All 3 are blanketed on a business enterprise's cash flow statement.

Cash from operating activities suggests the amount of money a company brings in from its ongoing, normal commercial enterprise activities, together with production and selling goods or imparting a carrier to customers.

Learn more about cash flow here brainly.com/question/735261

#SPJ4

4 0
1 year ago
The reason management skills create a competitive advantage for people and organizations is because they are hard to master. Tru
krek1111 [17]

Answer:

False

Explanation:

Reason management skills create a competitive advantage for people and organizations is not because they are hard to master. It is because the skills are unique and others in the market does not have these. These unique skills makes an organization distinguished from the others in the market.

7 0
3 years ago
Read 2 more answers
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