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baherus [9]
3 years ago
11

The envelope system is especially helpful for expenses like:.

Business
1 answer:
Kruka [31]3 years ago
6 0

The envelope system is usually helpful for items that tend to bust your budget. Things like gas, groceries and bills.

You might be interested in
A mutual fund with beta of 0.8 has an expected rate of return of 14%. If the risk-free rate is 5% and you expect the rate of ret
Nikitich [7]

Answer:

1%

Explanation:

Portfolio's alpha = expected return of the portfolio - required return of the portfolio

Alpha = 14% - (5% + (0.8 x 10%)) = 14% - (5% + 8%) = 1%

A portfolio's alpha is the excess return yielded by the portfolio compared to the market's expected return for a similar investment.

5 0
3 years ago
Analyst 1 suggested that the demand curve for newspapers in Baltimore might have shifted to the right because people were becomi
Anuta_ua [19.1K]

Answer:

(D) A and B only

Explanation:

Two other plausible stories that could shift the demand for newspapers to the rights are:

A: If income levels are rising (and given that newspaper is a normal good). Due to this reason, we would expect more people in Baltimore who before now, were not buying newspaper due to their low income, to begin to buy, thus shifting the demand curve to the right.

B: fewer substitute. When the populace have no viable alternative to get news daily, more people are likely to buy newspaper, thus shifting the demand curve to the right.

Option C is incorrect as a shrinking population will translate to reduced demand resulting in a shift of the demand curve to the left.

3 0
4 years ago
Barbara’s boutique shop sells 240 hair spray bottles in the month of April. When she orders more hair spray bottles it takes fiv
Phantasy [73]

<u>Answer:</u>1200 Units

<u>Explanation:</u>

The reorder point= Average daily consumption x lead time

=240 units x 5 days

=1200 units

Reorder point for Barbara’s boutique shop for hair spray bottles is 1200 units. Reorder point is the point when the owner needs to place order for new inventory to keep the firm stocked during all the time. However in reality this might not be applicable due to external factors which affect the business demand and supply.

4 0
4 years ago
On January 1, 2016, Yukon Company agreed to grant its employees two weeks vacation each year, with the provision that vacations
andreev551 [17]

Answer:

The correct value is $9600.

Explanation:

As the complete question is not given, the complete question is attached herewith.

Since 8 vacation weeks were not taken during 2016 , Yukon's 2016 income statement should report  $9,600 ( 8 * $1,200) .

Journal Entry :

                                                                                  Debit          Credit

Salary expense                                                  $9,600

Liability – compensated future absences                         $9,600

( To record vacations earned but not taken)  

3 0
3 years ago
Corporations argue that corporate welfare is motivated by sound economics. Critics of large corporations see the policy as unfai
sergejj [24]

Answer:

It is an unfair support of those who need it most

Explanation:

Corporate welfare are supports in the form of grants and other benefits that a corporation enjoy from government.

The intention is to guide business against potential risks , stabilize and encourage growth of business operation.

However , this purpose has been defeated on several occasions as some organizations have fraudulently claimed the benefits and the grants not even put to a proper use and it ends up a waste of resources. Moreover , it can easily be politically influenced as some corporations' connection to political offices determine what they get at the detriments of others.

This practice is not fair to small business owners who appears to even need it more to enable growth and the strength to withstand competition.

7 0
3 years ago
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