This activity is important because it covers important terms for effective money management. The goal of this exercise is to identify the best ways to manage your personal finances. Complete each statement with the correct term. Note not all terms will be used.

Answers

Answer 1

Remainder Part of the Question:

Build Your Financial Base Terms:

The ______ is one of the best places to put your money.

A _______ is one of the worst places to keep long-term investments.

You can use a _______ to keep track of purchases.

Your _______ is likely to be the largest of the most important investments you make.

It is wise to plan your financial future with _______.

Available Options are:

Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.

Answers:

A. Stock market

B. Bank Account

C. Credit Card

D. Home

E. Insurance

Explanation:

A. The Stock Market is one of the best places to put your money.

Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.

B. A Bank Account is one of the worst places to keep long term investment

The lowest returns are on saving accounts hence it is the worst place for long term investments.

C. You can use Credit Card to keep a track of your purchases.

Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.

D. Your Home is likely to be the largest of the most important investments you make

Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.

E. It is wise to plan your financial future with Insurance.

Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.


Related Questions

kathy is performing the role of

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I dont know what role but i hope its good for Kathy! GOOD LUCK KATHY YOU GO GURLL

What does "total opens" measure?

Answers

Answer:

The count of recipients who actually open your marketing campaign's email message

Explanation:

hope this helps :))

mention the opportunities that education creates for job​

Answers

a good wages
learn how to do that job
being able to have good communication skills

Which of the following is NOT considered a goal of product promotion?
O Build product awareness
O Stimulate new product innovation
O Create customer interest
O Reinforce a positive product image

Answers

C) create customer interest
C because why not right

Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 125,000 kilometres during a year, the average operating cost is 12.520 cents per kilometre. If a truck is driven only 90,000 kilometres during a year, the average operating cost increases to 16.5 cents per kilometre. (The Singapore dollar is the currency used in Singapore.)

Answers

Answer:

The total cost will be "$1,279,286.25".

Explanation:

The total cost at 125000 Km will be:

[tex]=125000\times 12.520[/tex]

[tex]=1,565,000[/tex] ($)

The total cost at 90000 Km will be:

[tex]=90000\times 16.5[/tex]

[tex]=1,485,000[/tex] ($)

The variable cost will be:

[tex]=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }[/tex]

[tex]=2.28571[/tex] ($)

Now,

Fixed cost = [tex]Total \ cost -variable \ c ost[/tex]

                  = [tex]1,565,000 - 125000\times 2.28571[/tex]

                  = [tex]1,279,286.25[/tex] ($)

How do free market and planned economies differ in the allocation factors factors of production. provide examples

Answers

Answer:

Makret planned econmies differ in the allocation facters of production because of the stock market crash

Explanation:

Some examples will be the stock market crash

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts.

In a command economy, governments own the factors of production such as land, capital, and resources.

Most nations operate largely as a command or market economy but all include aspects of the other.

The type of economy also influences the political and social landscape of a nation, with command economies being more authoritarian and market economies allowing for more personal freedom.

Dawn's credit card company charges 2.5% per month, for any unpaid amount. For the month, Dawn purchased $650.00 worth of goods and services. If she pays a minimum of $50.00 What is the remaining balance?

i need help asap

Answers

Answer:

$615  

Explanation:

The interest rate on Dawn's credit card is 2.5%

Purchases for the month are $650.

Payments made in the month is $50.

Balance will be

Purchases balance and the interest on the credit card

Purchase balance : $650-$50 = $600

Interest for the month

=2.5% x 600

=0.025 x 600

=$15

Balance will be $600 + $15= $615  

PLZ PLZ PLZ PLZ PLZ PLZ HELP MEEEEEEEEEEE ASAP, I'M SUPER DESPERATE!!!!!!!!! >W<​

Answers

Answer:

12

Explanation:

hope it helps

sorry if its wrong

It’s 12 the man got it right

How can a hospitality business provide for Maslow's "acceptance/belonging" need?
A. providing food & shelter
B. giving you a job.
C. Knowing your name.
D. teaching you something you have always wanted to learn about.

Answers

C. Knowing your name.
The answer is b because

What’s at least 5 daily responsibilities of polygraph analyst

Answers

Answer: Why is it advantageous to take market trends into consideration when planning a career path?

Read More >>

Explanation:

Which of the following motivational theories represents the claim that individuals are motivated by the expected outcomes of situations?


A.
expectancy theory
B.
incentive theory
C.
intrinsic motivation
D.
Maslow's hierarchy

Answers

Answer:

Option A (expectancy theory) would be the appropriate approach.

Explanation:

The principle of expectancy remains based on the assumption that success is created by the commitment and success yields desired results. Good values or role models some of which have worked tirelessly to better their results, and are then praised with this kind of effort, can raise motivation throughout this sense.

Some other options offered weren’t relevant to something like the scenario presented. So, the alternative here was the right one.

Answer:

a

Explanation:

right on edge 2020

George is presenting risk management in a seminar. Help him complete the following sentence.

Managing risks refers to identifying any possible ______events and taking steps to reduce them. Risk management is a continuous process for _____ and evaluating risks.

Answers

Answer:

uncertain/ identifying

Explanation:

Managing risks refers to identifying any possible uncertain events and taking steps to reduce them. Risk management is a continuous process for identifying and evaluating risks.

Answer:

Managing risks refers to identifying any possible _uncertain_ events and taking steps to reduce them. Risk management is a continuous process for _identifying_ and evaluating risks.

Explanation:

What is the difference between international and domestic travel?

Answers

Answer:

domestic is within the same country

international is between countries

How does the changes in the Mexican peso affect your life?

Answers

Answer:

The Mexican peso produces higher returns than the U.S. dollar because of higher interest rates.

Explanation:

if your  comparing the 2 places

Need help please ?????

Answers

Answer:

sales

Explanation:

Please Help Me I Will Give Brainliest
Describe the relationship between USP and the marketing function.

Answers

Answer:

In marketing, the unique selling proposition (USP), also called the unique selling point, or the unique value proposition (UVP) in the business model canvas, is the marketing strategy of informing customers about how one's own brand or product is superior to its competitors (in addition to its other values).

Explanation:

Google

Please mrk Brainliest

Joe borrows money for a fridge and pays $120.00 in interest for 24 months at a rate of
8%. How much money did he borrow?
Show work

Answers

Answer:

$750

Explanation:

Interest is calculated using the formula below.

I = p x r x t

where I= interest

P= principal amount

r= interest rate

t= time

In this case, interest is $120, P is not given, r = 8% t= time 2 years( 24 months)

It means $120= P x 8% x 2

$120= p x 0.08 x 2

$120= p0.16

P= $120/0.16

P=750

Joe borrowed $750

What are three professors/careers/jobs you can see yourself doing after high school?

Answers

Three careers/jobs I can see myself doing after high school can be:

Nurse

I have always wanted to be a nurse. I love biology and the study of humans. A nurse is one dream job I want to go for.

Architect

Designing things is also one of my favorites. I think I am very creative, and being an architect is cool.

Senator

I want to be a senator. Senators have been one of my favorite jobs. I want to be a government offical. Being a senator means a lot to me.

Hope this helps you!

Answer:

a Embalmer or Crematorium Operator

Explanation:

i feel like i just need to add this

Hey yall can yall cheer me up for a seek i miss my mommy in she said we was leaving my granny house today in look im still here

Answers

Answer:

Stay Strong!

Explanation:

You got ittt! Cry A Bit , then come back harder! LOVE KEN!!!

Which of the following statements about the impact of scarcity in every economic system is correct?

A )It imposes limitations not only on households, businesses, and governments, but on whole nations

B)It imposes limitations primarily on local and state governments as opposed to the national government, which is typically unaffected



C)Households rarely experience the effects of scarcity, which primarily affects business and government affairs


D)Businesses benefit from scarcity, which allows them to expand the reach of their operations, while scarcity causes households to suffer

Answers

Answer:

A

Explanation:

XYZ, CPA, has been engaged to examine the financial statements of ABC Corporation for the year ended December 31, 2015. During the year, ABC obtained a long-term loan from a local bank pursuant to a financing agreement that provided that 1. The loan was to be secured by the company's inventory and accounts receivable. 2. The company was not to pay dividends without permission from the bank. 3. Monthly instalment payments were to commence July 1, 2015. In addition, during the year, the company borrowed various short-term amounts from the president of the company, including substantial amounts just prior to year-end. Required: a. For purposes of the audit of the financial statements of ABC Corporation, what procedures should XYZ employ in examining the described loans? b. The loans from the president represent a related-party transaction. What financial statement disclosures do you believe would be appropriate for the loans from the president?

Answers

Answer:

a. Analytical review of loan agreement.

Inquiry from management about the loans and its covenants.

Observing the management behavior towards covenants.

Inspecting the effects of each covenant on business activities.

b. According to IAS 24, related party transactions the loan from president should be disclosed.

Explanation:

Loans are a source of funding to a business. Many organizations prefers high debt funding as it is a cheap source of finance. On the other hand high debt companies are considered as risky. When an auditor analyses the loan covenants he must ensure that he reads the complete agreement and analyses the effects that each covenant has on the company's performance. Loan covenants are always considered as flagged as this is an important area which requires detailed audit. In the given scenario the loans are taken against company's inventory and receivable accounts which is a threat to company's working capital. There are covenants imposed not to distribute any dividend to shareholders. These will create a liquidity position for a company if the loan is not paid on time and company will not have sufficient amount of working capital to fund its routine expenses and business operations.

b. IAS 24 provides detailed guidance on discloses for transaction involving related party. The president of a company has provided loan to the company this should be disclosed in the notes. The transaction should be in the arms length and disclosures should be made for every transaction.

Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.

Banking and Related Services
Insurance Services
Retail Related Services
Financial and Investment Planning
Business Financial Management

Answers

Answer:

Banking and Related Services

Insurance Services

Financial and Investment Planning

Business Financial Management

Explanation:

Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers.  Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.

Answer:

abde

Explanation:

(this is not a question but Im just saying this because it may be important)

Im part of this group and I ask question when I need help with my homework but today I ask some questions and the question that I ask were all wrong ya'll are not smart ya'll are wrong I got a 40% on my homework ya'll are lying with the answers some of ya'll put ''I took the quiz" and I always read that and I said oh that's the correct answer and that's not true if you want to help other people do it correctly and Im really mad at this ya'll better change.

Answers

Answer:

instead of asking just search it  up this is what i do

Explanation:

Answer:

You are just asking the wrong people

Early withdrawal of the money in a CD can lead to substantial financial

Answers

Answer:penalty

Explanation: I just did it and got it right

Supply and Demand: Tutorial
17 of
Part B
What is the relationship
between the price and the number of necklaces Rachael supplies?

Answers

Answer:

see below

Explanation:

There exists a direct relationship between the price of a commodity and the quantity supplied. Producers find it more profitable to increase supplier when the prices are high. As businesses are motivated by profits, high prices are likely to generate more profits. High prices are a motivation to supply large quantities.

If the price of necklaces goes up, Rachel will supply more to the markets. She will take advantage of the high prices to sell more and make bigger profits. Low prices lead to reduced profits or even losses. At low prices, Rachael will supply a few necklaces in the market.

Answer: As the price goes up, the number of necklaces she supplies goes up.

Explanation: edmentum / plato

ctions:
Em 7-5.
ger
ze
PROBLEM 7-7 Journalizing and Posting
Business Transactions
A partial chart of accounts for Kits & Pups Grooming follows.
General Ledger
101 Cash in Bank
301 Abe Shultz, Capital
105 Accts. Rec.-J. Alvarez 305 Abe Shultz, Withdrawals
120 Grooming Supplies 401 Boarding Revenue
130 Office Furniture
405 Grooming Revenue
140 Grooming Equipment
525 Salaries Expense
205 Accts. Pay.-Dogs & Cats Inc.

Answers

Answer: I honestly have no clue man i think your completely out of luck, sorryy

Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields
3.7% simple interest annually, how big was the initial deposit?
a $1,806
b. $2,282
C. $4,095
d. $7,000
Please select the best answer from the choices provided
А
С
OD

Answers

Answer:

D) $7,000

Explanation:

Just took practice... I got it wrong but it told me the right answer so here!

Answer:

D

Explanation:

In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D

Answers

C. Assets are equal to liabilities + equity

Answer:

C. Liabilities + equity

Explanation:

Edg 2021 ...

If you want to know whether a company had a profit or a loss during a specific period of time, which financial
statement would be most helpful?
A Statement of owners' equity
B. Cash flow statement
C. Balance sheet
D. Income statement

Answers

Answer:

d income statement

Explanation:

this statement shows profit/loss

HI I really want a bichon poodle dog but first I need to convince my parents. So far I've been working on earning 1000 dollars to pay for it and I wrote a 50 page essay but I'm not sure that will cut it what is the best tactic to get my dog??? what is the best business tactic to get this item.

Answers

Answer:

A lemonade stand maybe

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