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3 years ago

Describe some of the mistakes americans often make when it comes to money

2 answers:

8 0

Some of the mistakes that we made are:
- Getting loans unthoughtully
- Buying things that we don't actually need before we managed to fulfill all basic needs for our living.
- Too late to invest. In order to financially secure, it's best to set asie an investment and let the profit compound.

vovangra [49]3 years ago

3 0

<span>Some of the most common mistakes that Americans make most often when it comes to money are taking out too many loans, buying objects they cannot afford to purchase, and going deeply into debt that it is impost impossible to climb out of.</span>

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Many firms are finding that high-tech, computerized training has dual benefits. It develops employees who are more effective and

Xelga [282]

This is an example of a(n) Organisational tangible resource

Explanation:

Tangible resources include currency, inventory, equipment, land or buildings. Tangible resources The products can be liquidated quickly and have a given worth. They are important for accounting, and as they reach balance sheets and income statements, they make a business know their financial status.

Each organisation needs capital and assets to run.

A few of these commodities, including ability and entrepreneurship, are intangible, while the other commodities are measurable. Tangible means capital which can be observed, influenced or sensed.

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3 years ago

Which of the following is NOT one of the credit reporting agencies?

Jlenok [28]

Answer:

we need the opitions lol

Explanation:

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2 years ago

Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.

Mrrafil [7]

Explanation:

The Journal entry is given below:-

1. Purchase Dr, $1,280

To cash $1,280

(being merchandise is purchased)

2. Cash Dr, $115

To Purchase return $115

(Being merchandise is returned)

3. Purchase Dr, $668

Freight In Dr, $43

To Account payable $771

(being Purchase on credit)

4. Account payable $50

To Purchase return $50

(Being purchase return is recorded)

5. Account payable $661

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2 years ago

A farmer realizes that he is not getting fair price from the agents who buy produce from him and sell it to the markets. As such

Jobisdone [24]

Answer:

The answer is: A) Forward vertical integration (FVI)

Explanation:

FVI takes place when a company expands its business activities to take direct control of the distribution of their products.

The question is a textbook example of FVI. A company decides to sell their products directly to their customers bypassing the middlemen.

Internet sales are giving several companies this opportunity. For instance, every once in a while I get promotions directly from the Coca Cola Company offering me direct discounts on their products. Of course some type of courier or logistics company is needed, but the sale is made directly from the distributor bypassing the grocery store. A more common example is people buying their cars directly in the manufacturers website. In Germany, car vending machines are located right next to the factories. You buy online and you pick your car like a soda can, only on a huge scale.

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3 years ago

1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh

vagabundo [1.1K]

There are three main parts of income statements and they are:

Revenue
Expenses
Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

Read more about income statements here:

brainly.com/question/24498019

#SPJ1

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1 year ago