1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
3 years ago
14

Our financial decisions decrease once we reach adulthood true or false

Business
2 answers:
inna [77]3 years ago
5 0

The correct answer is False

Explanation:

Financial decisions are related to money management. This includes decisions related to a company or business in case you own or manage one and decisions related to personal finances such as saving money, paying the bills, using credit, etc.

In general terms, our financial decisions increase as we reach adulthood because once we are adults we earn our own money and are responsible for ourselves; this is related to multiple decision on how to spend money that includes paying for housing, food, taxes, among others; also, there are financial services such as using credit card, loans, savings accounts. This does not occur when we are children or even teenagers as in most cases our parents and family make decisions on how to spend/ save money.

Burka [1]3 years ago
4 0

That statement is false. Your financial decision will not decrease when you have become an adult,

You might be interested in
The following information is for the Jeffries​ Corporation: Product​ A: Revenue ​$18.00 Variable Cost ​$14.00 Product​ B: Revenu
shusha [124]

Jeffries Corporation's Operating Income from the two products is <em>A. ​$35,000.</em>

The operating income is the difference between the revenue and operating costs (variable and fixed costs).

Data and Calculations:

                             Product A     Product B     Total

Revenue                 $18.00           $21.00

Variable cost            14.00              13.00

Contribution            $4.00             $8.00

Fixed costs                                                 $143,000

Total sales units                                            35,600

Sales mix                  3                        1               4

Sales units             26,700           8,900      35,600

Total contribution$106,800      $71,200  $178,000

Total fixed costs                                          143,000

Operating income                                      $35,000

Thus, the operating income is $35,000.

Read more: brainly.com/question/14815746

 

5 0
2 years ago
Rosalina has recently been passed over for a promotion. This is the third time it has happened despite excellent performance rev
Brilliant_brown [7]

Answer:

the new York based artist is a good deal of a new kind and you will be the best way you have to be the best thing you need for the people

7 0
3 years ago
The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent gro
NARA [144]

Answer:

10.20%

Explanation:

According to the Gordon constant growth model :

value = D1 / r - g

D1 = next dividend = $4.25

r = required return

g = growth rate = 3%

value = $59

$59 = $4.25 / r - 0.03

4.25 / 59 = r - 0.03

0.072034 = r - 0.03

r = 0.102034

r = 10.20%

8 0
3 years ago
Thomas is the owner of a landscaping company that caters to a very wealthy clientele. His company has struggled to differentiate
ankoles [38]

Answer: The correct option is C.

Explanation: From the scenario given above, we can see that Thomas has not shown any intention to replace the expensive team members, the only option in this case would then be to properly utilize their expertise to the advantage of the company.

In order to do this therefore, a SWOT analysis would need to be carried out and utilized in gaining an edge over the competition.

In this case, Thomas would make sure that the expertise of all his team members are brought to bare, the company would analyze the competition to see where it is lacking in customer satisfaction, and then try to gain the upper hand by including features in their product that the competition does not have in theirs.

This strategy will help in achieving a competitive advantage.

5 0
3 years ago
Read 2 more answers
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If the bank lends the maximum amount of
Scorpion4ik [409]

Answer:

check able deposits = $500

correct option is C. $500

Explanation:

given data

cash deposit = $100

reserve ratio = 20%

to find out

check able deposits

solution

we will apply here check able deposits formula that is express as

check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × \frac{1}{reserve ratio} )     ...........................1

put here value we get

check able deposits = $100 + ( $100 - ( $100 × 20% ) × \frac{1}{0.2} )

check able deposits = $500

correct option is C. $500

8 0
3 years ago
Other questions:
  • When excess demand exists for tickets to a major sporting event or a​ concert, profit opportunities exist for scalpers?
    14·1 answer
  • Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,500 units, April 13,600, May
    10·1 answer
  • Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves an
    12·1 answer
  • a checking account allows depositors to withdraw cash from an automated teller machine (atm) or write checks against money depos
    13·2 answers
  • Private placements can be advantageous, compared to public issue, because: I. Private placements are cheaper to market than publ
    7·1 answer
  • At the time the $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $350 and petty cash
    13·1 answer
  • ABC Mart received a $20 freight bill for merchandise it purchased with freight terms of FOB shipping point. ABC Mart uses a perp
    12·1 answer
  • Which reporting app is included with QuickBooks Online Advanced Subscription?
    11·2 answers
  • Introduce national employment with its importance and examples​
    9·1 answer
  • What is the proper balance between dealing with negative externalities through government regulation or through torts?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!