What is the main reason why you need a financial reserve?

Answers

Answer 1

Answer:

Often, people who are in the habit of saving money can be seen as being overly concerned, but the purpose of having a reserve is precisely to avoid greater worries in the face of unforeseen events.


Related Questions

Marsha is working part-time at a restaurant. She makes an average of $200 per week and her parents send her a monthly allowance of $100. She has the following monthly expenses: Cell phone, $62.00; Gas, $100.00; Food, $200.00; Entertainment, $100.00; Car payment, $200.00; and Insurance, $125.00. Use this information to fill in Marsha’s Income Statement for the current month.
Income:
Total Income:
Expenses:
Total expenses:

Answers

If She makes an average of $200 per week and her parents send her a monthly allowance of $100. Her net income is $113.

Income Statement

Marsha’s Income Statement for the current month

Income $900

[($200 per week×4 weeks)+$100]

Total Income $900

Expenses:

Cell phone $62.00

Gas, $100.00

Food $200.00

Entertainment $100.00

Car payment $200.00

Insurance $125.00

Total expenses $787

Net income $113

($900-$787)

Therefore her net income is $113.

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Costs that have been incurred and cannot be eliminated regardless of the alternative chosen are ________. multiple choice sunk costs unavoidable costs relevant costs irrelevant costs

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Sunk cost are costs that have been incurred and cannot be eliminated regardless of the alternative chosen.

What is sunk cost?

Sunk cost are past cost that cannot be recovered. They are irrecoverable cost or money that has been incurred or paid.

It is to be noted that sunk cost is not to be given though to especially when making future business decisions because it cannot be recovered.

Examples of sunk cost are :

Research into a new product.New software system and working practices.

Hence, sunk cost are costs that have been incurred and cannot be eliminated regardless of the alternative chosen

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please help-
Imagine that the company you work for doesn’t have a set policy for what its employees do with their company-issued laptops. You have found out that some coworkers use their computers to download music and movies and create their own personal projects for other clients. Do you think this is appropriate behavior? What sort of ethical issues could arise from this policy? What sort of wording would you recommend for a new policy about laptop usage?

Answers

Answer: It can be deduced that it's unethical for your employees to use their work computers for personal activities?

Explanation:

What is ethics?

It should be noted that ethics simply means the principle of knowing what is right from what is wrong.

In this case, it's unethical for your employees to use their work computers for personal activities. This isn't appropriate.

Furthermore, it's ethical for you to monitor computer usage. This is necessary to checkmate the activities of the employees.

ABC Corp is partnering with a company to offer ads. The company will show the ads for free and ABC Corp only pays if the customer visits the page from that ad. ABC Corp is using the ________.

Answers

ABC Corp is using the pay per click when its partners with an ads company and pays the, when a customer visits its page from that ad posted.

What is a pay per click?

This is an ads model whereby the company that placed such ads pays money to the host website when a user clicks on to the ads.

Hence, the business model called pay per click is used by ABC Corp.

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At an output level of 18,500 units, you calculate that the degree of operating leverage is 1.64. What will be the percentage change in operating cash flow if the new output level is 20,000 units

Answers

The percentage change in operating cash flow if the new output level is 20,000 units is: 13%.

Percentage change in operating income

Using this formula

Percentage change in operating income=Degree of operating leverage×(New output level-Output level)Output level

Let plug in the formula

Percentage change in operating income=1.64×(20,000-18,500)/18,500

Percentage change in operating income=1.64×(1500/18,500)

Percentage change in operating income=1.64×0.08108

Percentage change in operating income=0.13×100

Percentage change in operating income=13%

Therefore the percentage change in operating cash flow if the new output level is 20,000 units is: 13%.

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Contracts whose performance, based on the terms of the contract, cannot possibly occur within ______ fall within the statute of frauds and therefore must be in writing.

Answers

Contracts whose performance, based on the terms of the contract, cannot possibly occur within one year fall within the statute of frauds and therefore must be in writing.

What is a contract?

A contract is made between group of people or some individual over a business, job or property.

The contract contains the terms of agreement between the parties involved and the rules and regulations guiding the contract.

Therefore, Contracts whose performance, based on the terms of the contract, cannot possibly occur within one year fall within the statute of frauds and therefore must be in writing.

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Tyrell and Barb bought a commercial investment property in 2009 during the real estate market downturn. Through what year will they be able to depreciate the investment?

Answers

The fact that Tyrell and Barb bought a commercial investment property in 2009 means that they will be able to depreciate the investment till the year 2048.

How long are commercial investment properties depreciated?

The U.S. Tax code calls for commercial investment property to be depreciated in a straight-line manner over a 39 year period.

The year in which Tyrell and Barb can depreciate to is therefore:

= 2009 + 39 years

= 2048

In conclusion, they can depreciate the commercial property till 2048.

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Anything accepted for payment of goods and services or repayments of debts can be considered __________.
A.
cash
B.
money
C.
creditable
D.
transferable

Answers

Answer:

D.

transferable

Explanation: Items that can be repaid without money are considered transferable

Lmk if this helps!

The different types of contract are express contract,_________
contract, unilateral contract, and bilateral contract.

Answers

Answer:

The answer is Implied.

Explanation:

The different types of contract are express contract, Implied

contract, unilateral contract, and bilateral contract.

An advantage of integrating opsec principles in your day-to-day operations is that it:.

Answers

stuck on the same question please tell me when you find the answer!

There are many benefits to incorporating OPSEC (operational security) principles into daily operations.

By discovering and fixing potential vulnerabilities, it reduces the chances of security breaches or data leaks and helps manage risks. OPSEC protects confidential data by limiting access to it and disclosing it to authorized parties. By implementing OPSEC, organizations can better respond to attacks and respond quickly to incidents.

It enhances the ability to take decisions keeping in mind the security risks and their consequences. OPSEC implementation shows commitment towards improving safety, reliability and building trust among stakeholders. Applying OPSEC principles enhances an organization's ability to strengthen security and manage risks while protecting sensitive data.

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A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95. What is the portfolio beta

Answers

If a  portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.

Portfolio beta

Using this formula

Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]

Let plug in the formula

βp = (.65 × 1.21) + [(1 - .65) × .95]

βp = (.7865) + [.35 × .95]

βp= .7865+ .3325

βp = 1.119

Therefore the portfolio beta is 1.119.

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Macy offers to sell his fitness watch for $50 to Nona. Nona promises to pay Macy the price. Later, they exchange the watch for the funds. A contract was created when

Answers

Based on the given description, we can see that a contract was reached when d. Nona promised to pay for the watch

What is a Contract?

This refers to the legally binding agreement between two or more parties about a particular thing.

Hence, we can see that because Macy offered to sell and Nona promised to pay for the watch, a contract was agreed upon because there is an agreement reached about the sale of the watch.

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Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000. Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest-free from his rich father. What was his return on investment

Answers

Assuming he invested only $20,000 of his own money and borrowed $180,000. His return on investment is: 200% .

Return on investment

Using this formula

Return on investment = Profit / Initial investment

Return on investment= ( Selling price − Purchase price) / Investment

Let plug in the formula

Return on investment= ($240,000 − $200,000) / $20,000 × 100

Return on investment=200%

Therefore his return on investment is: 200% .

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When organizations decide to operate internationally, workforce ______ involves decisions about where and how many employees are needed for each facility. Multiple choice question.

Answers

When organizations decide to operate internationally, workforce planning involves decisions about where and how many employees are needed for each facility. As there is requirement of employees at each level in the company.

What is decision making in planning?

The process by which multiple prospective solutions or alternatives are identified and the most practicable answer or course of action is finalized is referred to as decision-making.

It's an important aspect of the planning process. Choosing the best course of action from a variety of possibilities is the result of decision-making, so that the product get the good position in the marketplace.

Thus, the planning is required in decision making.

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New Belgium's organizational structure is divided by Multiple Choice geography. demographics. products. centralization. departments.

Answers

In New Belgium firm, the organizational structure is based and divided by department.

What is an organizational structure?

This basically means the method at which work flows through an organization and how activities are delegated toward achieving an organization's goal.

Majority of the departmental structure of an organization usually include: marketing, finance, human resources, information technology, administration, production etc

Therefore, the Option E is correct.

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Kyla is the leader of a sales team for a new product. She uses bonus incentives for every sale, as a primary method of motivating her team to produce. Which leadership style is Kyla using

Answers

Incentivization on every sale is one of the methods used by Kyla in order to motivate her team to boost the sales of the organization.

What is incentivization?

An action that induces energy in the organization and motivates the resources of the organization to boost the performance and drive the goals.

In the above example, it is seen that Kyla incentivizes her sales team for every sale that they initiate with bonuses. This helps her drive the sales of her team.

Hence, as an ideal leader, Kyla uses incentivization method to primarily motivate her sales team by giving them bonuses for each sale.

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You pay $5,500 per year for insurance on your building. Fire damage caused $15,000 in repairs. The insurance company paid for the repairs with a $1,000 deductible. Insurance premiums will go up by 15% because of the claim. What will be the annual insurance cost on the building next year

Answers

Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.

What is the next insurance cost next year?

The annual cost of insurance refers to the amount that is paid in premiums in a year.

That cost is currently $5,500 but will increase by 15%.

= Current insurance cost x ( 1 + rate of increase)

Solving gives:

= 5,500 x ( 1 + 15%)

= $6,325

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Kingbird, Inc. has 10,600 shares of 9%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021. If Kingbird wants to pay $420,000 of dividends in 2022, what amount of dividends will common stockholders receive

Answers

If Kingbird wants to pay $420,000 of dividends in 2022. The amount of dividends that the common stockholders will receive is $133,800.

Dividends

Using this formula

Remainder allocation to common stockholders=[Total dividend – (Dividiend  in arrears + 2022 dividend)

Let plug in the formula

Remainder allocation to common stockholders=[$420,000 – (10,600×9%×100×2)+(10,600×9%×100)

Remainder allocation to common stockholders=[$420,000 – ($190,800+ $95,400)]

Remainder allocation to common stockholders=[$420,000 –$286,200]

Remainder allocation to common stockholders=$133,800

Therefore the amount of dividends will common stockholders receive is $133,800.

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The net present value method assumes that all cash inflows can be immediately reinvested in new projects at the a. cost of capital. b. hurdle rate. c. internal rate of return. d. rate on the corporation's short-term debt.

Answers

The net present value method assumes that all cash inflows can be immediately reinvested in new projects at the cost of capital.

What is new present value?

It is computed using the amount of money needed for a future project. The total amount needed will then be deducted from the present money in the organization to get the new present value.

Therefore, the net present value method assumes that all cash inflows can be immediately reinvested in new projects at the cost of capital.

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Samuel is barely able to pay his bills on time. He lives paycheck to paycheck. He just barely manages to keep food on the table for his family and pay his rent to keep a roof over their heads. What effect would a sudden rise in inflation have on him? Explain.


A) he would find it easier to meet his family's basic needs and may even have extra income since everyday goods such as food would become cheaper

B) he would find it easier to meet his family's basic needs and may even have extra income since his rent would decrease

C) He would find it more difficult to meet his familys basic needs since his income level would decrease and would have less money to buy everyday goods such as food

D) he he would find it more difficult to meet his family's basic needs since everyday goods such as food become more expensive

Answers

The answer is D as inflation usually consists of the rise of price in goods and services. The salary is not decreased, however it is worth less as everything rises in cost and his salary stays the same.
Hope that helps!

He would find it more difficult to meet his family's basic needs since everyday goods such as food become more expensive in inflation. Thus, its D.

What is inflation?

Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. It means that, on average, prices are rising, and the purchasing power of money is decreasing.

Inflation can be caused by various factors, such as an increase in the supply of money, which can occur when central banks print too much money or when governments spend too much, leading to an excess of money chasing a limited supply of goods and services.

Other factors that can contribute to inflation include increases in production costs, changes in global commodity prices, and changes in consumer behavior.

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________ is the process of improving an individual's productivity through more efficient use of time.

Answers

Time management can be defined as the  process of improving an individual's productivity through more efficient use of time.

What is time management?

This is the concept that has to do with the efficient use of time. It has to do with  the ability to allocate activities at a particular time period.

Thye concept of time management is very useful in the business process and in other spheres of life.

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If a firm's variable cost per unit estimate used in its base-case analysis is $50 per unit and they anticipate the upper and lower bounds to be ± 10 percent, what is the "worst case" for variable cost per unit?

Answers

Based on the base-case analysis of the firm's variable cost and the upper bounds anticipated, the worst case for variable cost per unit is $52.50.

What is the worst case for variable costs?

The worst case scenario for expenses would be a situation where they are higher instead of lower.

This means that the upper bound of the variable cost will be applied to find the worst case scenario:

= Base case analysis amount x (1 + upper bound)

= 50 x (1 + 5%)

= $52.50.

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Which example best describes avoiding risky behavior? getting car insurance deciding not to buy a car only driving during the day driving a car at high speeds

Answers

An example which best describes avoiding risky behavior is: B. deciding not to buy a car.

What is risk management?

Risk management can be defined as a process which involves the identification, evaluation, analysis and control of potential threats or risks that are present in a business as an obstacle to its capital, revenues and profits.

In this context, an example which best describes a person who's avoiding a risky behavior is deciding not to buy a car.

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Answer:

B

Explanation:

edge 2023

________ refers to the strategy of getting visitors to a Web site to forward information on the site of their friends in order to make more consumers aware of a product. Demand-based marketing Viral marketing Foot-in-door marketing Guerrilla marketing

Answers

Answer: According to the ________ perspective, under the right circumstances a group of people is smarter than the smartest people within the group. A) mere exposure phenomenon B) wisdom of crowds C) deindividuation D) normative influence

Explanation:

hope this helps ya :) :;:

g The effective rate of an amount of money invested in an account compounded quarterly is 7.7136 % What is the nominal rate

Answers

The nominal interest rate given the effective rate and the number of compounding is 7.5%.

What is the nominal rate?

The effective rate is the actual interest rate earned on an investment when the rate of compounding is accounted for.

Nominal interest rate = m × [ ( 1 + i)^1/m - 1 ],

Where:

M = number of compoundingi  = effective interest rate

4 x [(1.077136)^0.25 - 1] = 7.5%

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A design firm wants to hire a senior manager to oversee its architecture division. four applicants and their qualifications are listed in the chart. a 2-column table with 4 rows titled job qualifications of applicants. column 1 is unlabeled with entries samuel, hayley, rhonda, enrique. column 2 is labeled qualifications with entries has been in the field 2 decades, designed many buildings as an architect, wants to move into management; has been a manager for a decade, designed many buildings as an architect, has supervised projects for clients; has been in the field for 7 years, designed many buildings as a mechanical engineer, wants to move into management; has been in the field for 7 years, designed many buildings as a mechanical engineer, wants to move into management. which candidate will most likely get the job? samuel hayley rhonda enrique

Answers

The candidate will most likely get the job  is Hayley. Check the reason for the above answer below.

Who is an architect?

The person who is architect is known as a  person that is responsible for the planning, designs and the management of  a building work.

Conclusively,  The candidate will most likely get the job is Hayley because he is known to be the manager for a long time and he has designed many buildings as an Architect.

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Answer:

Hayley. 100%

Explanation:

Not Wrong.

In the country of Azard, businesses use new smart cell phones to speed up many tasks such as sales recording, inventory checks, purchase orders etc. Which components of growth are recorded here

Answers

The component of growth recorded by the country of Azard is technology.

How is technology a component of growth?

Technology is one of the key drivers of growth in an economy. Technology increases the efficiency of the production of goods and services. The use of smart phones to speed up tasks is an example of technology contributing to growth.

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Click this link to view O*NET’s Work Context section for Chefs and Head Cooks.

Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom.

According to O*NET, what are common work contexts for Chefs and Head Cooks? Check all that apply.

A. spend time keeping or regaining balance
B. importance of being exact or accurate
C. exposed to high places
D. spend time standing
E. responsibility for outcomes and results
F. responsible for others’ health and safety

Answers

Answer:

✅importance of being exact or accurate,✅spend time standing,✅responsibility for outcomes and results,✅responsible for others’ health and safety

I hope this helps!

Answer:

2. importance of being exact or accurate

4. spend time standing

5. responsibility for outcomes and results

6. responsible for others’ health and safety

Explanation:

Finley is a positive, motivator leader who encourages his employees to socialize, harness their creativity, and set goals. What type of leader is Finley

Answers

Based on the fact that Finley is a positive and motivational leader who encourages creativity, he is most likely a Transformational leader.

What is a transformational leader?

This is a leader who wants their followers to develop in a positive way so that they can be the best they can be.

Such leaders will therefore encourage their followers and motivate them just like Finley does to his employees.

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Nancy tells her supervisor that as of right now, $1.05 worth of work has been accomplished for each $1 worth of scheduled work. Nancy got this information from viewing the

Answers

Nancy got the information about how $1.05 worth of work has been accomplished from scheduled work from Serial Peripheral Interface.

What is Serial Peripheral Interface?

The Serial Peripheral Interface serves as a synchronous serial communication interface specification that is used for short-distance communication.

Serial peripheral interface (SPI) is used interfaces between microcontroller which allows Nancy to know about the work done.

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Your friend tells you that every letter of the alphabet has a distinct color to him. For example, A is always a specific hue of yellow and G is always baby blue. You believe your friend: what is the midpoint of C(5,3 and D(-3,-6) Students have been assigned to read a book that is 150 pages. Every student reads at a different speed. If a student read the book in 5 days, on average, how many pages did they read every day? (I just found the answer. 150 5 = 30. 30 is the answer) large farms consist about ____ of all farms in the us Which are examples of media and multimedia sources? check all that apply. books photographs school papers music websites An ant is crawling up a leaf that is hangin vertically. it lifts 0:007 kg crumb up 0:12 meters. to do this, the ant exerts 0.069 newtons of force. how much work dis the ant do on the crumb? Can people get divorced without hiring an attorney. Leos teacher has asked him to create a timeline of the origins of different types of jazz music. Which order of genres would be MOST accurate? A. swing, hot jazz, Dixieland B. hot jazz, swing, Dixieland C. Dixieland jazz, swing, hot jazz D. Dixieland jazz, hot jazz, swing Solve the equation:4(x-2)=3x-6 _____2. To eliminate the spattering and aerosolization associated with flaming of loops, char the material before fully inserting the loop into the flame: i. E. , before flaming, hold the loop close to (but not into) the flame. Alternatively, use disposable loops or a micro-incinerator. I am so busy. There are . hours in the day to practice sports. What is conflict resolution?Question 15 options:solving a disagreement in a way that makes one side happier than the othersolving a disagreement in a way that satisfies both sidessolving a disagreement in a way that leaves room for future conflictsolving a disagreement in a way that leaves both sides unhappyOne optionAyudaaaaaaaaaaaaaaaaa The stem and leaf plot represents a set of data A rectangular window has a height of 5 1/2 feet and a width of 1 1/2 feet. What is the perimeter of the window?A. 7 feetB. 13 feetC. 14 feetD. 28 feet What qualities does Jem show through his behavior in Chapter 15? A piece of tin foil has a volume of 0.5345 mm3. If the piece measures 10.0 mm long and 1.25 cm wide, what is the thickness of the foil? give the width of the lawnmower is 2.5 feet and the length of the rope is 25 feet, calculate the radius (R) of the pole that will produce a perfect lawn When a computer answers your phone call to a utility company and asks you to tell it why you are calling, that computer is using _____. natural language processing an explanation facility supervised learning a knowledge acquisition facility Which is a characteristic of atoms?O They come in ten major types. They are the smallest units of matter0They can be found in nonliving things only.O They cannot combine together. Find the volume of the pyramid.A pentagonal pyramid with base labeled as B equals 210 square inches. The height of the pyramid is 30 inches.