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mart [117]
2 years ago
8

With a savings and investment program designed for retirement, you can _?_. Choose all that apply. (personal finance class)

Business
1 answer:
OleMash [197]2 years ago
6 0

The savings and investment program that is designed for retirement can be used to:

  • prepare for those emergency expenditures
  • primarily help your friends and family in time of need.
  • ensure that you will be better prepared for your retirement years.

<h3>What is an investment?</h3>

It should be noted that an investment simply means the dedication of asset in order to attain an increase in value for a period of time.

In this case, the investment van be used to prepare for those emergency expenditures, primarily help your friends and family in time of need and ensure that you will be better prepared for your retirement years.

Learn more about investment on:

brainly.com/question/25015549

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Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options fo
Solnce55 [7]

Answer:

$8,300

Explanation:

Calculation for what Elroy's incremental profit or loss would be if he chooses option 2 over option 1

Using this formula

Incremental Profit of option 2 over option 1= Profit from option 1 - Profit from option 2

Let plug in the formula

Incremental Profit of option 2 over option 1= ($3,600*3)-(3*$1,100 - $800)

Incremental Profit of option 2 over option 1= $10,800 - $2,500

Incremental Profit of option 2 over option 1= $8,300

Therefore Elroy's incremental profit or loss would be if he chooses option 2 over option 1 would be $8,300

4 0
3 years ago
The organizational development (od) process has three steps: ___________, accompanied by feedback.
Helga [31]
<span>The organizational development (od) process has three steps: diagnosis, intervention, and evaluation, accompanied by feedback.

When referencing organizational development, we are referring to the watching the change and performance within organization/businesses. By watching this, organizations can approach and understand how to achieve success and what needs to be changed in order to do so. 

</span>
7 0
3 years ago
Which of the following has the greatest impact on your cash flow?
Deffense [45]

Answer:

 

Low-priced inventory with high turnover

Explanation:

GOT IT RIGHT IN QUIZ

6 0
3 years ago
When new firms have an incentive to enter a competitive market, their entry will?
meriva
When new firms have an incentive to enter a competitive market, their entry will BRING DOWN PROFITS OF EXISTING FIRMS IN THE MARKET.
This is because, those customers who are patronizing the existing firms before will start patronizing the new firms.
5 0
3 years ago
Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and m
yan [13]

The computation of the break-even point in dollar sales for each product is as follows:

Carvings = $234,400 ($46,880/0.2)

Mementos = $789,400 ($631,520/0.8)

<h3>What is the break-even point?</h3>

The break-even point represents the dollar sales or units at which the entity does not incur any loss or earn any profit.

At the break-even point, the total costs are equal to the total revenue.

<h3>Data and Calculations:</h3>

                                  Carvings     Mementos

Sales                         $ 974,400   $ 974,400

Variable costs             779,520       194,880

Contribution margin    194,880      779,520

CM Ratio                        20%             80%

Fixed costs                    46,880      631,520

Income                     $ 148,000   $ 148,000

Break-even point = Fixed costs/CM Ratio

Thus, the break-even points in sales dollars are Carvings, $234,400,, and Mementos, $789,400.

Learn more about the break-even point at brainly.com/question/15281855

#SPJ1

7 0
2 years ago
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