Insurance is a method of defense when it comes to managing your money according to Dave because it prevents you from incurring more debt.
<h3>How does insurance defend your money?</h3>
According to Dave Ramsey, a defense method in managing your money is one that helps you reduce or avoid debt.
Insurance is therefore a defense for managing your money because it saves you from having to incur debt when you pass through a dangerous situation because the insurance will pay out instead of you having to borrow.
Find out more on the purpose of insurance at brainly.com/question/1941778.
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Answer:
World's journal entry to record the sales transaction is:
<em>Note Receivable ; Jax Recording Studio $8,200 (debit)</em>
<em>Sales Revenue $8,200 (credit)</em>
Explanation:
Music World is the seller and must recognize Revenue following the sale.The Revenue is initially recognized at the value of sale of $8,200. Music World must also recognize an Asset on the promissory note signed to the value of $8,200.
Answer:
The correct answer is letter "B": are deliberate and use many informal social contacts.
Explanation:
Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:
- Innovators: <em>venturesome, higher educated, use multiple information sources.
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- Early adopters:<em> leaders in a social setting, slightly above average education.
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- Early majority:<em> deliberate, many informal social contacts.
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- Late majority:<em> skeptical, below-average social status.
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- Laggards:<em> fear of debt neighbors and friends are information sources.</em>
Answer:
The rate of return on the risky asset is 16% and on treasury bill is 6% and we need a return of (1100-1,000)/1000= 10% or 0.1
If we think of x as the percentage investment in risky asset and 1-x as the investment in non risky asset we can mathematically find what proportion we need to invest in each asset to get this return.
16x+ 6(1-x)=10
16x+6-6x=10
10x=4
x=4/10
x= 0.4
This equation tells us that we should invest 40% in risky assets and 1-x which is 60% in treasury bills. We can test our answer by putting these values and see if the return is 10 %
(0.4*16)+(0.6*6)= Rate of return
Rate of return=10%
10% of 1000 = 100
100+1000=$1100
Explanation:
This is the full question:
Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them questions, and treating their answers as typical of all those in whom they are interested.
Answer:
Sampling
Explanation:
Sampling is a method of statistical analysis where a small number of observations are used to make conclusions about the whole population. Sampling techniques include simple random sampling and systematic sampling.
So when a small group is selected as a representative of representative of the larger population, and responses from this sample is treated as feedback from the whole population it is called sampling.
Sampling is done to make quick conclusions on a large amount of data and saves resources that would have been spent getting responses from the whole population.
