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3 years ago

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.

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Ed is taking off from work for five hours this afternoon and going to a baseball game. The ticket to the game costs $20 and it c

NeX [460]

Answer:

opportunity cost = $85

Explanation:

given data

game ticket costs = $20

parking cost = $15

Ed earns = $10 an hour

time = 5 hour

solution

first we get here opportunity cost for 5 hour on game that is

so Ed earns for 5 hour is = $10 × 5 = $50

so here opportunity cost will be

opportunity cost = Ed earns + parking cost + game ticket costs ............1

put here value and we get

opportunity cost = $50 + $15 + $20

opportunity cost = $85

3 0

3 years ago

The Beranek Company, whose stock price is now $30, needs to raise $13 million in common stock. Underwriters have informed the fi

Bumek [7]

Answer:

858,085 shares must be sold

Explanation:

Net amount to be raised $ 13,000,000

Add: floatation expenses 165,000

Amount to be available after

payment of underwriting compensation 20,165,000

No of shares to be issued at 23.50 $ = 20,165,000/23.50 = shares, rounded off to 858,085 shares.

858,085 shares must be sold

5 0

3 years ago

Benny is self-employed. he’s experienced a bit of success over the last few years and is now ready to purchase a home. he’s meet

vovangra [49]

Benny is self-employed. he’s experienced a bit of success over the last few years and is now ready to purchase a home. he’s meeting with a lender later today . Benny can expect to be asked for additional documentation to verify his income.

Self-employment is the state of being able to work for yourself rather than for your employer. Tax authorities generally consider an individual to be self-employed if they choose to be recognized as self-employed or if the individual has income that is taxable.

Self-employed means doing business as a partner or owner rather than working for your employer. According to IRS guidance (page 2), a person who “trades or does business as a sole proprietorship or independent contractor” is self-employed.

Learn more about self-employed here: brainly.com/question/20750656

#SPJ4

3 0

2 years ago

The appropriate journal entry to transfer the cost of completed units from the Work in Process account would involve a credit to

IgorLugansk [536]

Ig a……………………………………….

8 0

3 years ago

Pizzicletta Pizza Shop purchased a stone pizza oven on January 1, 2018. The oven cost $50,000 and has an estimated salvage value

AlexFokin [52]

Answer:

Accumulated depreciation= $24,000

Explanation:

Giving the following information:

Using the straight-line method of depreciation, annual depreciation expense is computed as $8,000.

Under the straight-line depreciation method, the annual depreciation remains the same during the useful life.

Accumulated depreciation= annual depreciation*number of years

Accumulated depreciation= 8,000*3= $24,000

8 0

4 years ago