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2 years ago

1. All of the following are good financial savings strategies EXCEPT ___. (1 point)

1 answer:

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All of the following are good financial savings strategies EXCEPT "saving for an emergency fund, then paying off credit debt".

Option: B

Explanation:

An effective financial system can encourage savings by offering simple and convenient exposure to suitable savings tools provided at reasonable price by high-quality, reputable institutions. The emergency funds through your earning years can be extremely valuable, if you lose your job or are unable to work due to a temporary injury or after retirement, so you need cash to cover your regular bills.

Here saving for emergency fund, then paying off credit card is blunder idea, because interest rate may become huge load, and if not paid and simultaneously retirement or any tragedy take place which donot permit to continue job than there will be burden from two sides i.e paying regular bills and credit card's principal amount with interest.

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Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units d

lana66690 [7]

Answer:

Total production cost= $266,380

Explanation:

First, we need to calculate the total estimated overhead costs:

total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000

total estimated overhead costs= $275,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000 / 16,000

Predetermined manufacturing overhead rate= $17.19 per unit

Finally, we can calculate the total production cost of the 2,000 units made in January:

Total production cost= total unitary cost*number of units

Total production cost= (64 + 52 + 17.19) * 2,000

Total production cost= $266,380

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2 years ago

The discovery of a large oil deposit off a nation's shores would be what type if economic variable?

Varvara68 [4.7K]

The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.

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2 years ago

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Jonestown Community Bank refuses to lend money to potential homeowners trying to purchase property in the predominantly Asian ne

NISA [10]

Answer:

Redlining

Explanation:

The redlining is the practice of systematic denial in the United States and the Canada.

In redlining the persons belonging to the specific geographical locations or dealing the specific geographical area are denied by the bank or other sectors to lend money or provide services along the region or in the neighborhood.

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2 years ago

Using your knowledge about economic concepts and what you read about the Clean Air Act, compose a two-paragraph essay to the hea

ivanzaharov [21]

Explanation:

Clean Air Act which arouse in 1963 to protect environment as well as human health in the United States.

Advantages to the environment:

Reduces air pollution by setting standard for industry to control emission of dangerous wastes

Improves life style

People becomes active because of the in-take of fresh air
Protects ozone layer

Disadvantages to the Industry:

A big challenge to the industry
Certain goods cannot be produced since the emission of chemicals into the air is more than the stipulated ratio specified by the Clean air act

Clean air act is essential to protect the environment, at the same time, the industry has many intelligent people to wisely control pollution and reach success in-spite of challenges.

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2 years ago

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Managers of profit centers usually have a. Given excessively high bonuses b. No discretion over decisions c. Most of their de

erastovalidia [21]

Answer:C

Explanation:most of their decision overseen by corporate executive..in an organization where profit is the main target every decision must be thoroughly checked

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2 years ago

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