Buying insurance and saving for the future is a hard choice for many people?

Answers

Answer 1

Answer:

Many people like to look at short-term rather than long-term when it comes to financing. Additionally, I would say the lack of financial literacy plays into why people don't choose to invest for the future. It really depends on the socioeconomic status a person is in because some may struggle to make ends meet and can't afford to invest for the future. I would definitely lean towards lack of financial literacy because you'd be surprised how people know more about irrelevant matters than crucial information necessary for decision making.

It would be less hard for me because of the resources around me that help me understand my options and how to manage my money. For people like my parents who lack these resources and knowledge, they are less inclined to invest because they don't know how investments work.

Explanation:

wrd

Answer 2

Answer:

Yeah that's your question given is truly real life in our daily life because if we don't buying or saving for the future it's important thing that we must learn.


Related Questions

Differences between conflict and grievances

Answers

Answer:

A conflict is a struggle and a clash of interest, opinion, or even principles. Conflict will always be found in society; as the basis of conflict may vary to be personal, racial, class, caste, political and international.

A grievance (from Latin gravis 'heavy') is a wrong or hardship suffered, real or supposed, which forms legitimate grounds of complaint. In the past, the word meant the infliction or cause of hardship.

7. When Professor Park travels for business, she always rents her car through Station Rental
Company because no matter the office location they honor her corporate rate. On her most recent
three business trips, Professor Park has rented her car through Station Rental Company and she
received her normal rate for the first two trips to Idaho and Florida, but she received a higher rate
for the last trip to Oklahoma. Professor Park completed an online survey to express her
disappointment that her normal rental rate was not honored at the Oklahoma rental office. This
scenario is an example of which service characteristic?
Omarketability
O inseparability
O variability
O intangibility

Answers

The provided scenario gives an example of variability in the service provided by the rental company.

Option C is the correct answer.

What is meant by corporate rate?

The corporate rate is the fees levied by the hotel or rental company for a stay from their guests.

The variability in service by the rental company can be analyzed from the charging of two standard rates for the initial two trips done by the Park in respect of renting a car. But for the third trip, Park has to give a much higher amount for the same company for the renting service.

Therefore, the levying of higher charges for the third trip creates variability in the rental services provided by the company.

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In which part of the business plan might we expect to find a short biography of the company's CEO?
A Executive Summary
B. The Team
C. Company Status
D. The Advisors

Please Help!!!

Answers

We will be able to find the short biography of the company's CEO in "The Team" section of the business plan.

What is the The Team section?

Under a business plan, the Team section tells a show biography and achievement of the top hierarchies of the firm.

Hence, the short biography of the company's CEO in "The Team" section of the business plan.

Therefore, the Option B is correct.

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If the total assets to equity ratio of a company is increasing, it is possible that:
A.The company is increasing the use of debt and getting higher financial leverage
B.The company is decreasing the use of debt and getting lower financial leverage
C.The company is decreasing its efficiency in operations
D.The company is increasing its efficiency in operations

Answers

When the proportion of the total assets to equities ratio increases, it is an indication that the company is less dependent on the debts of creditors.

What is assets to equity ratio?

The assets to equity ratio represents the number of assets earned by an organization with the use of debt resources. If such ratio increases, the use of debts is lowered by the company.

An increase in the assets to equity ratio also indicates that the company is operating at very low risks of losing money, acquired through debt mode.

Hence, option B holds true regarding the assets to equity ratio.

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If you’re working with a group of people, or need the support of the students, you’ll need to learn how to create an argument and present it in an effective way.

A. True
B. False

Answers

It’s true because when you are presenting in a group. You need to make sure you’re prepared for whatever someone tries to throw at you within the argument and to also get your audience more intrigued in the argument

What is one step a borrower should take in order to better control their debt?
A. Carefully examine their expenses
B. Apply for more credit cards
C. Declare bankruptcy
D Day only the monthly payment

Answers

Answer: A i think

Explanation:

Employee earnings records for Slaymaker Company reveal these gross earnings for four employees through the pay period of December 15.

J. Seligman $93,500 L. Marshall $115,100
R. Eby $113,600 T. Olson $140,000
For the pay period ending December 31, each employee’s gross earnings is $4,500. The FICA tax rate is 7.65% on gross earnings of $132,900.

Instructions

Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Show computations.)

Prepare payroll register and record payroll and payroll tax expense.

Answers

Based on the information, it can be inferred that Olson must pay $11,054.25 as FICA Tax.

How to calculate the FICA withholding of each employee?

To calculate the FICA withholding of each employee it is necessary to add the $4,500 earned by the employees in the pay period of December 31:

$93,500 + $4,500 = $98,000$113,600 + $4,500 = $118,100$115,100 + $4,500 = $119,600$140,000 + $4,500 = $144,500

Next, we need to calculate 7.65% of values over $132,900, meaning only Olson's income tax would apply.

To calculate 7.65% of Olson's gross profits it is calculated as shown below.

$144,500 ÷ 100 = $1,445

$1,445 × 7.65% = $11,054.25

Based on the above, the tax Olson must pay is $11,054.25

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An argument for trade tariffs is that it protects infant industries.

Answers

Answer:

The infant industry argument is an economic rationale for trade protectionism. The core of the argument is that nascent industries often do not have the economies of scale that their older competitors from other countries may have, and thus need to be protected until they can attain similar economies of scale.

Making the choice to spend money on post secondary
education pays off in the long run because:
You or your parents can write it off your taxes.
There are less expensive options for obtaining a
post secondary education.
The salary you will earn with a degree will pay back
the cost of college over your career.
You can get grants and scholarships to pay for post
secondary education while you are there.

Answers

Answer:

Explanation:

This is one of those questions where all the choices are true. I guess the trick is picking the best one.

A: is true, but you pay a great deal more than the benefit of tax relief.

B: is also true. The Great Courses offers many courses in the field that you intend to study.  But you get what you pay for. Who will recognize the good education that you got? An even better possible answer is night school, but that takes a tremendous amount of dedication.

C: I think I'd pick C. This is a business question. You have to decide what the best benefit is.

D: You can get grants which will lessen the burden, but it won't eliminate it entirely, I still think C is the best answer.

Which of the following statements regarding coins is not true?

a. Coins are usually metal based.
b. Unlike paper money, the same coins are used in every country in the world.
C. The creation of coins is authorized by the government.
d. Coins are used as a form of money.

Answers

Answer:

B

Explanation:

every country have its own currency and coins

Almost every country has a unique currency, although some countries share common currencies

but take an example of India and US

both have different coins India have ruppes

and us have bucks

hope it helps you

Financial statement analysis is useful to:

Answers

Evaluate business performance and value

Nihon Company had the following transactions involving notes payable.

July 1, 2017 Borrows $50,000 from First National Bank by signing a 6-month, 12% note.
Dec. 31, 2017 Prepares adjusting entries.
Apr. 1, 2018 Pays principal and interest to First National Bank.

Prepare journal entries for each of the transactions.

Answers

The preparation of the journal entries for each of the transactions for Nihon Company is as follows:

Journal Entries:

July 1, 2017 Debit Cash $50,000

Credit Note Payable (First National Bank) $50,000

To record the receipt of loan on note payable at 12% for 6-months.

Dec. 31, 2017 Debit Interest Expense $3,000

Credit Interest Payable (First National Bank) $3,000

To accrue interest expense.

Apr. 1, 2018 Debit Interest Expense $1,500

Credit Interest Payable (First National Bank) $1,500

To accrue interest expense.

Debit Note Payable (First National Bank) $50,000

Debit Interest Payable (First National Bank) $4,500

Credit Cash $54,500

To record the payment of note payable and interest.

Transaction Analysis:

July 1, 2017 Cash $50,000 Note Payable (First National Bank) $50,000

a 6-month, 12% note.

Dec. 31, 2017 Interest Expense $3,000 Interest Payable (First National Bank) $3,000

Apr. 1, 2018 Interest Expense $1,500 Interest Payable (First National Bank) $1,500

Note Payable (First National Bank) $50,000 Interest Payable (First National Bank) $4,500Cash $54,500

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What happens when the terms of the loan are satisfied

Answers

A document called release of mortgage will be availed when the terms of the loan are satisfied.

What is a mortgage?

A mortgage is an agreement the borrower and a lender in which the lender can take back his or her property should the borrow fail to pay back the money borrowed.

Hence, a document called release of mortgage will be availed when the terms of the loan are satisfied.

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Since online banking and mobile apps allow you to track your spending and
savings, they are really helping you __
,
make your money even safer
manage your money
O avoid using the services of your financial institution
reach higher interest rates

Answers

Option B, Manage your money

Activity
Part A: Browse career websites to learn about audiovisual and communications occupations and choose two jobs. Briefly summarize how the Jobs
you chose are related by skills and services offered. Select which occupation you would like to pursue.

Answers

Answer:

we can't answer this. this is your opinion.

This is your own opinion

This type of investment typically has a greater long-term rate of return than a savings account.
A. Checking Account
B. Credit Union
C. Credit Card
D. Stock

Answers

Answer:

checking account its the answer if its incorrect please let me know cuz its in ny book like that too so yeah

Answer: D. Stock

Explanation:

explain idea generation concept

Answers

Idea generation or ideation is the act of forming ideas. It is a creative process that encompasses the generation, development and communication of new thoughts and concepts, which become the basis of your innovation strategy.

What is the difference between libel and slander?
A. Libel is written, while slander is spoken
ООО
B. Slander is based on truth, while libel isn't
O c. Only slander has legal repercussions
D. Libel is more serious than slander

Answers

Answer:

A. Libel is written, while slander is spoken

Explanation: Libel is a defamatory statement made in writing, while slander is a defamatory statement that is spoken.

__ are the major source of long term debt financing for most cor

Answers

Answer:

Traditional bank loans

Explanation:

Traditional bank loans are the most common form of debt financing for all sizes of companies. Any bank loan with maturity over 12 months can be termed as a long-term debt source. Borrowers require asset-backed collateral to secure bank loans.

The business entity assumption is important because?
A. It limits the amount that a company can record for its transactions in the accounting records.
B. It requires that the company record all of its economic transactions in accordance with GAAP.
C. It requires that all transactions be recorded in the period in which they occur
D. It limits economic data in the accounting system to data directly related to the activities of the business

Answers

The business entity assumption is an accounting principle that makes a legal distinction between the transactions carried out by a business.

What do you mean by business entity assumption?

A business entity assumption refers to an accounting principle that makes a legal distinction between the transactions carried out by a business and the transactions of the owner.

It is important because it limits economic data in the accounting system to data directly related to the activities of the business.

Therefore, D is the correct option.

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Beech's managers have made the following additional assumptions and estimates:
25
points
eBook
Print
1. Estimated sales for July, August, September, and October will be $210,000, $230,000, $220,000, and $240,000, respectively.
2. All sales are on credit and all credit sales are cofected. Each month's credit sales are collected 35% in the month of sale and 65%
In the month following the sale. All of the accounts receivable at June 30 will be collected in July,
3. Each month's ending inventory must equal 30% of the cost of next month's sales. The cost of goods sold is 60% of sales. The
company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% in the month following
the purchase. All of the accounts payable at June 30 will be paid in July.
4. Monthly selling and administrative expenses are always $60,000. Each month $5,000 of this total amount is depreciation expense
and the remaining $55,000 relates to expenses that are pald in the month they are incurred,
5. The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company
does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30,
References
Required:
1. Prepare a schedule of expected cash collections for July, August, and September
2-a. Prepare a merchandise purchases budget for July, August, and September
. Also compute total merchandise purchases for the
quarter ended September 30.
2-6. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September.
Dronare an income statement that comnite nat nerating income for the cuarter andart Sentomhar an

Answers

1. The preparation of the schedule of expected cash collections for July, August, and September for Beech Corporation is as follows:

Cash Collections:

                                              July          August       September

Estimated sales              $210,000    $230,000       $220,000

Cash collection:

35% sales month            $178,500      $80,500         $77,000

65% month following       140,000       136,500          149,500

Total cash collections  $318,500    $217,000       $226,500

2. The preparation of a schedule of merchandise purchases for July, August, and September for Beech Corporation is as follows:

Merchandise Purchases:

                                            July          August       September

Estimated sales            $210,000    $230,000      $220,000

Cost of goods sold      $126,000     $138,000       $132,000

Ending inventory          $69,000      $66,000         $72,000

Goods available          $195,000    $204,000      $204,000

Beginning inventory      60,500         69,000           66,000

Purchases                  $134,500    $135,000       $138,000

The total merchandise purchases for the quarter ended September 30 is $407,500 ($134,500 + $135,000 + $138,000).

2-b. The preparation of a schedule of expected cash disbursements for merchandise purchases for July, August, and September for Beech Corporation is as follows:

Cash Disbursements:

                                          July            August       September

Purchases                   $134,500       $135,000        $138,000

Cash payment for purchases:

40% month of purchase $53,800    $54,000         $55,300

60% month following       88,000     $80,700           81,000

Total cash payment     $141,800   $134,700      $136,300

3. The preparation of an income statement showing the net operating income for the quarter for Beech Corporation is as follows:

Beech's Corporation

Income Statement:

                                            July        August       September      Total

Estimated sales            $210,000  $230,000      $220,000   $660,000

Cost of goods sold      $126,000   $138,000       $132,000      396,000

Gross profit                   $84,000    $92,000         $88,000   $264,000

Expenses:

Selling and admin.        $60,000  $60,000         $60,000    $180,000

Net income                  $24,000   $32,000        $28,000     $84,000

Data and Calculations:

Sales Budget and Cash Collections

                                            July        August       September      October

Estimated sales            $210,000  $230,000       $220,000    $240,000

Cash collection:

35% sales month          $178,500    $80,500         $77,000       $84,000

65% month following     140,000     136,500          149,500        143,000

Total cash collections $318,500    $217,000      $226,500     $227,000

                                            July        August       September      October

Estimated sales            $210,000  $230,000      $220,000    $240,000

Cost of goods sold      $126,000   $138,000       $132,000      $144,000

Ending inventory          $69,000    $66,000         $72,000

Goods available          $195,000  $204,000      $204,000

Beginning inventory      60,500       69,000           66,000

Purchases                   $134,500   $135,000        $138,000

Cash payment for purchases:

40% month of purchase $53,800   $54,000      $55,300

60% month following       88,000    $80,700         81,000

Total cash payment     $141,800  $134,700    $136,300

Beech Corporation

Balance Sheet at June 30:

Assets:

Cash                                    $75,000

Accounts receivable           140,000    143,000

Inventory                               60,500

Plant and Equipment         227,000

Total assets                     $508,500

Liabilities:

Accounts Payable             $88,000  $82,700

Common Stock                   311,000

Retained Earnings             109,500

Total liabilities & equity $508,500

Thus, the net operating income for the quarter ended September 30 for Beech Corporation is $84,000.

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Classify each of the following statements as a positive or negative effect of tourism.
commercialization and erosion of
cultural values
growth in industries such as
agriculture
conflicts between tourists and
locals over the use of resources
job creation and the prevention
of urban migration
job-related friction, such as locals
receiving lower wages than foreign
employees
conservation of heritage sites

Answers

Answer:

Positive Effects of Tourism- growth in industries such as agriculture, job creation, and the prevention of urban migration, conservation of heritage sites

Negative Effects of Tourism- job-related friction, commercialization and erosion of cultural values, and conflicts between locals and tourists over the use of resources

Explanation:

What is the distinction between debtor and creditor?

Answers

Answer:

A creditor is a person who lends money or extends credit to another person.  A debtor is a system or person that owes money to another orginization or party (AKA a company or individual who owes money.)

Explanation:

Hope this helps you! Good luck :)

Debtor → A company or individual who owes money.

Creditor → A person to whom a debt is owed especially.

Basically the debtor is the borrower and the creditor is the lender.

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Installing a security system is an example of this operating expense.
O insurance
O improvements
O inventory
O professional services

Answers

Installing a security system is an example of an improvement operating expense. Option B. This is further explained below.

What is security system?

Generally, a security system is simply defined as a system of security when someone attempts to break in, an electrical gadget sends off an alert.

inconclusion, An example of an improved operational expenditure is the installation of a security system.

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Describe four principles or organizations brought about by the Bretton Woods Agreement that remain important to international business and trade today.

Answers

The Bretton Woods Agreement established four ideas or organizations that are still crucial to international commerce and trade today, that are the International Monetary Fund, Exchange Rate, Promote Economic Growth, and Prevent Competitive Regulations.

What is Bretton Woods Agreement?

The Bretton Woods Agreement was the system that was established to use gold as the worldwide benchmark for creating a fixed currency exchange rate.

This agreement was signed by the 44 representatives from countries. Which led to the establishment of the International Monetary Fund (IMF) and the World Bank.

The four main ideas that were established by this agreement were the Exchange Rate, International Monetary Fund, Prevent Competitive Regulations, and Promote Economic Growth.

Therefore, the four ideas of this agreement is important to the businesses.

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How is creative thinking similar to a child’s thinking? A. Neither process restricts itself to logical solutions. B. Both thought processes always come up with fresh ideas. C. Both thought processes are simplistic. D. Both thought processes are linear

Answers

Answer: D. Both thought processes are linear

Explanation: I think I'm not too certain.

With the use of examples applicable to the case study, explain the factors of production, or resources that Anat Apter is likely to have used.

Answers

The factors of production that Anat Apter is likely to have used in their franchise business are the land, labor, capital, and entrepreneurship.

What is production?

Production is the process of making saleable goods by converting them from basic materials to their finished form.

As per the case study of Anat Apter, the examples of factors of production can be as follows:

Land can be the place where they start the business, which is the market of Sandton City.

Labor can be a workforce engaged in the business of making falafel and shawarma.

Capital is the franchise capital that they contributed to starting the business.

Entrepreneurship is the process used by entrepreneurs to produce goods and services. Here, it is the making of falafel and shawarma products.

Therefore, land, labor, capital, and entrepreneurship are the factors of production used by Anat Apter.

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PLEASE ANSWER FAST
Film editors need very good __________________ skills in order to work with the production team.

A. listening and communication
B. organization and decorating
C. athletic and listening
D. communication and discussion

Answers

Im pretty sure its b

Much of the information contained on a résumé is also requested on a(n)
O job application
OW-4
O W-2
new employee survey

Answers

The information mentioned in a resume is also written in the job application. Thus, the correct answer is option A.

What is a Job application?

A job application is a statement where a candidate fills the information about him to allow the employer to know about his experience and responsibility. A job application includes personal information, educational qualification as well as professional experience.

This will play important role in selection as it helps employers to compare two applications and select one that best fits the role. There are different types of job applications written as per job profiles.

Therefore, option A job application is appropriate answer as it contains similar information to a Resume.

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Discuss how purchasing function can lead to competitive strategy in procurement management environment and with hypothetical organisation in mind, develop a strategic sourcing plan. ​

Answers

The purchasing function helps to gain competitive advantages by reducing costs associated with the value chain, increasing efficiency and total quality.

What is a Strategic Sourcing Plan?

It corresponds to an approach of aligning the organizational purchasing strategy to the objectives stipulated by the planning, helping in the management of the supply chain for greater effectiveness in the use of information associated with purchases.

Therefore, a sourcing plan will help to reduce purchasing costs, speed up deliveries and choose the ideal suppliers for the business.

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Other Questions
PLEASE ANSWER NUMBER 32!!! what states were known as the 'border states'? How can reduced precipitation lead to limited water availability? a. reduced precipitation leads to overuse. b. precipitation is a nonrenewable resource. c. reduced precipitation is a global event. d. reduced precipitation may lead to drought. please select the best answer from the choices provided a b c d QuestionWhich systems of equations have infinitely many solutions?Select each correct system. Question 1 of 10Which pair of words gives the best example of a slant rhyme?O A. Munch, lunchB. Pet, pushC. Frog, lugD. Apple, orangeSUBMIT 10 Points and Brainiest if Correct Benito Mussolini had which of the following backgrounds prior to obtaining the role as leader of Italy?A. Secretary of Education in Italy B. Ambassador to the United States for Italy C. Prime Minster of Italy D. Vice- President of Italy Translate the sentence into an equation.Twice the difference of a number and 2 equals 5 .Use the variable c for the unknown number. PLEASE HELP QUICKLY THIS IS DUE IN AN HOUR!!Across the western hemisphere, provide at least three examples of actions taken by the United States to prevent the spread of communism. What is this population growth?population increases by 41population decreases by 15population increases by 15population decreases by 24 Ways in which the responses of mammals differ from flowering plants Read the poem "Unreturning by Emily Dickinson.Twas such a little, little boatThat toddled down the bay!'Twas such a gallant, gallant seaThat beckoned it away!'Twas such a greedy, greedy waveThat licked it from the coast;Nor ever guessed the stately sailsMy little craft was lost!Which pairs of words from this poem rhyme?A.bay and awayB.wave and sailsC.sea and awayD.boat and sea Kevin correctly answered 75% of 32 test questions. How many more questions would Kevin have to answer correctly to get more than 80% correct? In which data set does the range have the greatest spread? A. 10, 11, 11, 14, 14 B. 10, 13, 13, 14, 15 C. 9, 11, 11, 13, 14, 15, 16 D. 8, 11, 13, 13, 17, 20, 23 Match the goals of the Cold War with the correct country Carlos no estudi para el examen hoy pero ______ maana(estudiar) Name these compounds according to IUPAC. Find an equation equivalent to 2x 3y = 6 in polar coordinates. Magnifying Living Thingsa leaf,tree bark,skin,flower.hair strand,grassDid you observe any other characteristics of life in your samples?For each of your samples, research how the structures you observed under magnification help the organisms carry out basic functions of life. Find the measure of angle k The organs of the urinary system include:.