16. Mr Justine Lukuku has an overdraft limit of k5000. His current has a credit balance of K3000 if he draws further cheque totalIng k200 what will what will be the overdraft balance on his account. A.K300 B.K 1700 C.K2300 D.7000 ourrent account?​

Answers

Answer 1

The overdraft balance on his account is K2300. Thus option (B) is correct

What is the Balance?

Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.

Mr. Justine Lukuku has an overdraft limit of k5000. His current credit balance of K3000 if he draws further cheques totalIng k200Mr Justine Lukuku has an overdraft limit of k5000. His current has a credit balance of K3000 if he draws further cheques totalIng k200

Therefore, Thus option ( B) is correct.

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Related Questions

Kroger, the largest u. S. Supermarket chain, recently partnered with alibaba, china’s largest e-commerce marketer, to sell kroger’s organic private-branded food products. This distribution arrangement is.

Answers

This distribution arrangement is a strategic channels alliance. A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom.

A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom. Compared to a joint venture, which involves two companies pooling resources to form a new business organization, the arrangement is less intricate and legally enforceable.

A business could form a strategic alliance to increase its market share, enhance its product offering, or gain an advantage over rivals. The agreement enables two businesses to collaborate on a mutually beneficial project.

The partnership could last a short while or be ongoing, and the contract could be formal or informal.

Despite the fact that the strategic alliance may be informal, each member's duties are well-defined.

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You are considering an investment and are concerned with income. Which of these stock investments will pay the highest income.
X Y Z Co stock $80 per share $2 annual dividend
Auto Co stock $60 per share $2.5 annual dividend
Soda Co stock $50 per share $3 annual dividend
Compu Co stock $100 per share $4 annual dividend.
X Y Z Co stock
Stocks don't pay investment income
Compu Co stock
Soda Co stock
Auto Co stock

Answers

The stock investment that will pay the highest income is Soda Co stock $50 per share $3 annual dividend.

Which of these stock investments will pay the highest income?

A stock is when an investor buys shares in a public company. A stock gives the stockholder ownership right in the company. Stocks are only issued by public companies. Public companies are companies that are listed on the stock exchange.

Stockholders are entitled to dividend payments. A stockholder would want to buy a stock at the lowest price and receive the highest amount of dividend possible. The stock of Soda Co has the lowest price and the highest annual dividend. Thus, it would be the most suitable.

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Kayla is a busy entrepreneur who is running a rapidly growing startup. Kayla intends to use social media for recruiting several new employees. What key managerial takeaway would you give to kayla?.

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When hiring a web designer, Kayla should check Dribbble.

Web designers plan, create, and code internet websites and net pages, many of which integrate textual content with sounds, snapshots, photos, and movies. A web designer is liable for developing the layout and layout of a website or net pages. It and may imply operating on a modern-day website or updating an already contemporary internet page.

On average, an internet-style dressmaker within the U.S. Makes around $50,000 – $ fifty-five,000 in step per year. The commonplace hourly price for a web dressmaker is around $23-25 in step with the hour. But, this may depend upon different factors, including experience the extent of know-how, area of interest, and making contact with for.

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In an effort to improve the reporting of sustainability efforts and reduce greenwashing, which nonprofit organization has developed a 77-standard framework to enable companies to explain sustainability and its financial impact?.

Answers

Like GRI, SASB additionally has a three-rung shape: 77 enterprise requirements for seventy-seven industries divided below each of eleven industry classes.

The GRI Sustainability Reporting standards (GRI requirements) are a reporting framework for corporations to reveal each fine and terrible influence on the environment, society, and the economic system.

Environmental, social, and governance (ESG) reporting standards and frameworks are important to offer regular and similar reporting of applicable ESG data.

Several extensive modifications have happened within the beyond year related to ESG reporting.

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preferred stock that has contractual rights in which the company is obligated to repurchase the stock at a specified future date is called

Answers

Mandatorily redeemable preferred stock is preferred stock that has contract rights requiring the corporation to repurchase the stock at a certain future period.

What is preferred stock?

Preferred stock is a share capital component that can have any combination of characteristics that common stock does not, including characteristics of both equity and debt instruments. It is generally regarded as a hybrid instrument.

Preferred stocks can take precedence over ordinary stock in the payment of dividends and upon liquidation, but they are junior to bonds in terms of a claim compared to common stock. The articles of association or incorporation of the issuing firm provide information about the preferred stock's terms.

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According the a Human Resources report, a worker in the industrial countries

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According to a Human Resources report, a worker in industrial countries spends on average 419 minutes a day on the job.

What is human resources?

Human resources are the people who make up an organization's, business sector's, industry's, or economy's workforce. A more specific concept is human capital, which refers to the knowledge and skills that individuals possess.

Human resources professionals recruit, screen, and interview job applicants, as well as place newly hired employees in positions. They may also be responsible for compensation and benefits, training, and employee relations.

In this case, it was stated that employees spend about 419 minutes in the job and this was about 7 hours.

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Complete question

According to the Human Resources report, a worker in the industrial countries ........

Receptive developmental networks are characterized by _____ ties and ______ diversity.

Answers

A receptive developmental networks are characterized by weak ties and low diversity.

What is a receptive developmental networks about?

A receptive developmental networks, as related to receptive language in child development, a receptive language tells about how your child understands language. Here, an expressive language refers to how your child uses words to express himself/herself and young children with language difficulties may have a poor eye contact and difficulty interacting with other children.

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suppose the government raises income taxes, so consumers have less disposable income. this policy action will cause a(n)

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If the government raises income taxes, so consumers have less disposable income. this policy action will cause a decrease in aggregate demand.

What is Aggregate Demand?

Aggregate Demand is the total of all demands of products and services in an economy, this demand includes the demand for each and every product and or services produced in an economy.

If government raises income tax consumers will have lower disposable income, which they will be spending to purchase goods and services available in the economy, having low disposable income will result in a decrease in aggregate demand. In other words if disposable income is lower the demand for products and services will also reduce.

Another reason for decrease in aggregate demand is that prices are expected to increase in the near future and so the consumers are saving the disposable income.

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Equivalent Units of Production The Converting Department of Toren Company had 19,200 units in work in process at the beginning of the period, which were 35% complete. During the period, 86,400 units were completed and transferred to the Packing Department. There were 15,200 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Toren Company Number of Equivalent Units of Production Line Item Description Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Started and completed Started and completed Started and completed Started and completed Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Inventory in process, ending Inventory in process, ending Inventory in process, ending Inventory in process, ending Total Total Total Total

Answers

16,800 units and 16,500 units

The computation of the number of equivalent units of production is shown below:

For Materials:

= Transferred units × Completion percentage + ending work in process units × completion percentage

= 14,800 units × 100%  +  2,000 units × 100%

= 14,800 units + 2,000 units

= 16,800 units

For Conversion cost:

= Opening work in process units × remaining percentage + Transferred units × Completion percentage + ending work in process units × completion percentage

= 1,200 units × 75% + 14,800 units + 2,000 units × 40%

= 900 units + 14,800 units + 800 units

= 16,500 units

Transferred units is

= 16,000 units - 1,200 units

= 14,800 units

In mathematics, a percentage (from Latin: per centum, "through 100") is more than a few or ratio expressed as a fraction of one hundred. It is often denoted using the percentage sign, "%",[1] even though the abbreviations "pct.", "pct" and every now and then "pc" are also used.[2] A percentage is a dimensionless quantity (natural variety); it has no unit of measurement. As denominations of cash grew inside the middle a while, computations with a denominator of a hundred have become more and more preferred, such that from the late fifteenth century to the early 16th century, it became commonplace for arithmetic texts to include such computations. Many of those texts implemented these techniques to income and loss, hobby quotes, and the rule of 3. By way of the 17th century, it became popular to cite hobby costs in hundredths.[4]

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What are the six levels of ethical decision making?

Answers

Answer:

Know the Facts. Before tackling an ethical issue, clearly define the nature of the challenge.

Identify the Required Information. You don't know what you don't know.

List the Concerns.

Develop Possible Resolutions.

Evaluate the Resolutions.

Recommend an Action.

The six levels of ethical decision-making include the following:

The knowledge levelThe identification levelEvaluation levelSelection levelAssessment levelAdaptation level

What is ethical decision-making?

Ethical decision-making refers to a system of reaching decisions while considering the moral aspect of things. In the knowledge stage, the individual who wants to make an ethical decision acquaints him or herself with the laws guiding some acts.

ext, they identify the person with the moral issue and ways to handle them. The evaluation step follows for further insight. Selection, assessment, and adaptation of the result obtained will consequently follow.

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e
A professional organizer may play all of the following general roles EXCEPT:
Select one:
O
O
a. Professional mentor
b. Office manager
c. Friend
d. Time management coach

Answers

Answer:

Professional mentor

Explanation:

Guidance is when a student, graduate or working professional guides or is guided by another.

"Classify each cost as either direct materials, direct labor, factory overhead, selling expenses, or general and administrative expenses.
1. Office accountant salary
2. Wages for retail store salesperson
3. Depreciation (straight-line) on robotic equipment used in assembly
4. Salary of chief executive officer
5. Depreciation on office equipment
6. Advertising campaigns
7. Display screen
8. Assembly-line supervisor salary "

Answers

The accounting costs can be classified into different classes as below,

Office accountant salary: general and administrative expensesWages for retail store salesperson: direct laborDepreciation (straight-line) on robotic equipment used in assembly: factory overheadSalary of chief executive officer: direct laborDepreciation on office equipment: general and administrative expensesAdvertising campaigns: selling expensesDisplay screen: direct materialsAssembly-line supervisor salary: general and administrative expenses

What is the significance of accounting costs?

Accounting costs can be referred to or considered as the costs that represent the nature of expenses or outflow of cash or cash equivalents in an organization. These costs can be in position with the nature that they are affiliated to be incurred in the business during an accounting period.

Therefore, the significance regarding accounting costs has been aforementioned.

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Who is liable to third parties for damage caused by an agent’s tortious conduct if the principal had directed the agent to take that action?.

Answers

Contractual Liability  is liable to third parties for damage caused by an agent’s tortious conduct if the principal had directed the agent to take that action.

Contractual Liability :Claims involving breaches of contracts are aided by contractual liability insurance. It protects the risk that a business owner takes on as a result of a contract. For companies that frequently work with contracts, like contractors, contractual liability coverage is crucial. the responsibility of an entity to provide a customer with goods or services for which the entity has been compensated (or for which payment is due).

The failure or refusal of a party to uphold their end of a contract results in contractual liability. They harm others by not fulfilling or only partially fulfilling their obligations. One party's liability when entering into a contract with another party is known as contractual liability insurance.

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Which of the following is true about the theory of absolute advantage?

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From the following, the one which is true about the theory of absolute advantage is that, the theory tends to emphasize that nations should open their doors to trade so that people obtain more goods at cheaper rates.

Absolute advantage is considered to be a term which is used in Economics in order to describe a party's better capacity for the output. Here, it specifically means that the capacity in order to create a specific commodity for less money than a rival party.

Adam Smith is said introduced the concept which states that free trade would benefit individuals and society as a whole. Thus, he believed that the governments should not impose policies which interfered with free trade. Thus, he presents the idea of absolute advantage in context of international trade.

Hence, option B is correct.

The given question is incomplete, the complete question is-

Which of the following is true about the theory of absolute advantage?

A. The theory accepts the mercantilist idea that international trade is a zero-sum game.

B. The theory emphasizes that nations should open their doors to trade so that people can obtain more goods at cheaper rates.

C. The theory measures a nation's wealth by how much gold and silver it has on reserve.

D. The theory approves the objective of national governments to acquire wealth through restrictive trade policies.

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What is the name of the media strategist we discussed in this lecture who did such things as coin the phrase death tax?.

Answers

Frank Luntz  is the name of the media strategist we discussed in this lecture who did such things as coin the phrase death tax.

Taxes are mandatory contributions levied on people or businesses with the aid of a government entity—whether or not local, regional, or countrywide. Tax sales finance authorities sports, consisting of public works and services consisting of roads and colleges, or applications such as Social protection and Medicare.

Examples consist of general and selective income taxes, fee-brought taxes (VAT), taxes on any factor of manufacturing or production, taxes on felony transactions, and customs or import obligations. wellknown sales taxes are levies which are applied to a enormous portion of purchaser fees.

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Managers use a predetermined overhead rate for which of the following reasons?A. To estimate total job costs before the job is completed.
B. To assist in setting prices for jobs
C. Predetermined costs are more accurate than using actual costs
D. Total job costs are not needed until the end of the accounting period, so predetermined rates are not needed.

Answers

Managers use a predetermined overhead rate to assist in setting prices for jobs. The role of the managers is carefully to justify every employee's work before the Directors. Hence, option B is appropriate.

What is the role of managers?

The role of managers in a company is a charge of setting up and overseeing a certain. The scope and depth of a manager's responsibilities may vary depending on their position within the organization. A manager could be in charge of a set of people or a particular task.

At the most fundamental level of the job, it is the role of the Manager to perform certain duties. Management is comprised of the five general duties of organizing, staffing, leading, and managing.

Hence, option B is correct.

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What GAAP principles govern the consolidation of financial statements?

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GAAP principles govern the consolidation of financial statement is when one company's ownership interest in a business provides it with a majority of voting power.

In GAAP principles, there are four principles which are the cost principle, the revenue principle, the matching principle, and the disclosure principle. It's a collection of commonly- followed accounting rules and standards for financial reporting.

The basic criteria for filling a consolidation financial statement with subsidiaries is primarily based on the amount of ownership the parent company has in the subsidiary.

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In the weekly material on business organizations, one paper discussed a west michigan business, cascade engineering, that was a force for good in west michigan. According to the paper, how does cascade engineering make a positive societal impact in west michigan and the state of michigan?.

Answers

B Corps understand the importance of people, planet, and profit. There were 18 B Corps in Michigan as of 2019; 11 of these 18 were in the West Michigan region. There were 3,000 B Corps worldwide (Good Business Matters, 2021).

In accounting, a profit is an income that is distributed to the owner throughout a successful market production process (business). Profit is a metric of profitability, which is the owner's primary interest in the process of market production's income generating. There are numerous profit metrics that are frequently used.

Income generation and distribution must always be in balance for there to be any income formation in market output. Within the review period, the created income is always dispersed as economic value to the production's stakeholders. The profit is the portion of income creation that the owner is able to retain for themselves during the income distribution process. Because it means incomes and opportunities to expand production, profit is one of the primary sources of economic well-being.

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Doeren Inc. began constructing a building for its use on January 1, 2022. All costs associated with the construction are being debited to an account called “Construction-in-Progress.” The construction will take approximately 24 months. Weighted-average expenditures for 2022 have already been determined to be $5,000,000.

The company has one specific, as well as two non-specific loan borrowings. Details are as follows:
Specific Loan Borrowing: $4,000,000 loan at 9% taken out 1/1/2022 and due in 2025.

Non-specific Borrowings:

o Note #1: $2,000,000 at 10%. This loan was outstanding for all of 2022 and is due in 2023.
o Note #2: $500,000 at 12%. This loan was outstanding for all of 2022 and is due in 2024.

A) What portion of the interest on all of its loans should be capitalized in 2022?

B) If the company has already accrued and paid the 2022 interest costs on these three loans by debiting “Interest Expense” and crediting “Cash”, what adjusting journal entry should be made on 12/31/22 to capitalize interest in 2022?

Answers

Doren inc. has a loan taken to construct a building which directly increases the liabilities of the enterprise.

A loan is an agreement under which the lender allows another party to use the funds in exchange for interest payments and repayment of the funds at the end of the loan agreement. Credit is a necessary part of the financial system as it provides liquidity for businesses and individuals.

A demand loan is a loan that the lender can cancel. When a loan is repaid according to a fixed schedule over a period of time, it is called an installment loan. A line of credit that can be withdrawn and repaid multiple times is called a line of credit. A secured loan contains collateral that the lender can seize if the borrower fails to repay the loan.

Unsecured loans are not tied to any collateral and therefore carry a higher risk of loss for the lender. Because the risk is high, interest rates can be high.

Thus, it is money or other tangible goods that are given to another party in return for future repayment of the value of the loan and interest and other financing costs.

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When preparing your taxes, what can possibly help reduce the amount of taxes that you owe? everfi.

Answers

They reduce the amount of tax you have to pay. Exemptions, adjustments, deductions and credits all reduce the amount of tax you have to pay.

A tax is a compulsory economic rate or a few other kinds of levy imposed on a taxpayer (a character or prison entity) by means of a governmental employer which will fund authorities' spending and various public expenditures (nearby, local, or national),[2] and tax compliance refers to policy movements and individual behavior aimed at ensuring that taxpayers are paying the proper amount of tax at the proper time and securing the suitable tax allowances and tax reliefs.[3] the primary known taxation passed off in historic Egypt around 3000–2800 BC.[4] A failure to pay in a well-timed manner (non-compliance), alongside evasion of or resistance to taxation, is punishable via regulation. Taxes consist of direct or oblique taxes and can be paid in money or as its hard work equals.

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How would raising the starting pay at amazon affect government leaders? Would they benefit from it and/or be harmed from it?

Answers

Answer:

Be Harmed

Explanation:

If you raise starting pay then you are draining more money from the government then usual.

Answer:

Governmnet leaders could be benefited because higher pay means that progressive tax would take affect. Progressive tax means the more money an individual makes, the more taxes they have to pay. Therefore, the government would be making more money on taxes.

Explanation:

Help me solve (b) please

Answers

Qualitative factors include the suppliers' trustworthiness, the quality of its management, and the quality of its products.

For the company to purchase robots from an outside supplier, they need to maintain the trustworthiness with their supplier for their timely delivery and quality assurance.

The company has to look after the quality of the management of the supplier, the management has to be perfect in their working to complete the order on time. And also the quality of the product has to be the major concern for the company as it will affect their brand name and goodwill in the market. These qualitative factors need to be analyzed by the company for taking decision to purchase the product form the outside supplier.

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Q.3Madhuban group manufactures a product. The following particulars are as follows: Monthly demand 1000 units Cost of placing an order Rs. 100 Annual carrying cost per unit Rs. 15 Normal usages 50 units per week Minimum usages 25 units per week Maximum usages 75 units per week Re-order period 4 to 6 weeks Compute: (1) Economic order quantity Re-order level (2) (3) Minimum stock level (4) Maximum stock level Average level​

Answers

Companies use the economic order quantity (EOQ) calculation to determine their ideal order size, which enables them to meet demand without overspending.

EOQ is calculated by inventory managers to reduce holding costs and excess inventory.

What is EOQ and how does it work?

The following is the formula for EOQ: Demand is equal to the square root of EOQ, or [(2 x demand x ordering cost) / carrying cost].According to EOQ's assumptions, demand remains constant. The number of units sold or the amount of inventory used annually is the demand.

How significant is the quantity of the economic order?

Businesses and organizations can avoid shortage costs by maintaining a consistent supply of inventory through the use of the economic order quantity calculation. When companies use EOQ, they know how much inventory they need to order and how often they need to ship goods to keep things in stock.

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What is a function of the Public Company Accounting Oversight Board?

Answers

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

An agency, every now and then known as a C corp, is a prison entity this is separate from its owners. agencies could make an income, be taxed, and may be held legally responsible. agencies offer the most powerful protection to its proprietors from non-public legal responsibility, but the cost to form an employer is higher than other structures.

An employer is an employer—normally a collection of people or an enterprise—legal by way of the country to act as an unmarried entity and diagnosed as such in law for certain purposes. Early integrated entities were mounted by charter. most jurisdictions now allow the advent of recent corporations through registration.A company is an enterprise entity this is owned by means of its shareholder(s), who choose a board of directors to oversee the organization's activities. The employer is liable for the movements and price range of the business – the shareholders aren't.

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What is bond? Briefly describe the different types of bond

Answers

Answer: There are five main types of bonds: Treasury, savings, agency, municipal, and corporate. Each type of bond has its sellers, purposes, buyers, and levels of risk vs. return. If you want to take advantage of bonds, you can also buy securities based on bonds, such as bond mutual funds.

Explanation:

Answer:

In business, the different types of bonds are treasury, savings, agency, municipal, and corporate. Each type of bond has its own sellers, purposes, buyers, and levels of risk vs. return.

Explanation:

May I have Brainliest please? My next rank will be the highest one: A GENIUS! Please help me on this journey to become top of the ranks! I would really appreciate it, and it would make my day! Thank you so much, and have a wonderful rest of your day!

Most companies initially had difficulty handling the instantaneous feedback associated with social media. True / False

Answers

It is true that most businesses first found it challenging to manage the immediate input brought on by social media.

What is social media?

Social media are interactive media platforms that make it easier to share content such as ideas, information, and other kinds of expression with others in online communities and networks. The range of standalone and built-in social media services that are currently offered presents problems with the definition of social media.

In relation to media, the term "social" implies that platforms are user-centric and encourage social interaction. Social media can therefore be seen as an online facilitator or enhancer of human networks—networks of people that improve social connection.

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Your car dealer is willing to lease you a new car for $140 a month for 36 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 6.4 percent, what is the current value of the lease?

Answers

If your cost of money is 6.4 percent and you pay a monthly lease of $140, the current value (present value) of the lease is $4,574.64.

What is the present value?

The present value is the discounted value of some periodic future payments.

The present value can be computed using an online finance calculator as follows:

N (# of periods) = 36 months (3 years x 12)

I/Y (Interest per year) = 6.4%

PMT (Periodic Payment) = $-140

FV (Future Value) = $0

Results:

Present  Value (PV) = $4,574.64

Sum of all periodic payments = $-5,040.00

Total Interest = $465.36

Thus, the present value of the car payments is $4,574.64.

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The original cost of a piece of equipment was $100,000. The equipment was depreciated using the straight-line method with annual depreciation of $20,000. After two years, the fair value of the equipment is $82,000. How much is the book value of the equipment at the end of the second year?.

Answers

$60,000 is the book value of the equipment at the end of the second year

What is book value?Book value is equal to the cost of carrying an asset on a company's balance sheet, and firms calculate it netting the asset against its accumulated depreciation. As a result, book value can also be thought of as the net asset value (NAV) of a company, calculated as its total assets minus intangible assets (patents, goodwill) and liabilities. For the initial outlay of an investment, book value may be net or gross of expenses such as trading costs, sales taxes, service charges, and so on.The net difference between a firm's entire assets and liabilities is the book value of that company. Book value represents the total worth of a company's assets that shareholders would receive if the company were to be liquidated.The book value of an asset is the same as its carrying value on the balance sheet.A company's or asset's book value is frequently less than its market value.Fundamental analysis makes use of the price-to-book (P/B) ratio and book value per share (BVPS).

Cost Of Equipment : $100,000

Year one Depreciation : $20,000

Year Two Depreciation : $20,000

Book Value after Second year: $100,000-$20,000- $20,000

=$60,000

Hence, $60,000 is the book value of the equipment at the end of the second year

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The book value of the equipment at the end of the second year is $60,000.

What is book value?Book value is equal to the cost of carrying an asset on a company's balance sheet, and firms calculate it netting the asset against its accumulated depreciation.As a result, book value can also be thought of as the net asset value (NAV) of a company, calculated as its total assets minus intangible assets (patents, goodwill) and liabilities.For the initial outlay of an investment, book value may be net or gross of expenses such as trading costs, sales taxes, service charges, and so on.The net difference between a firm's entire assets and liabilities is the book value of that company. Book value represents the total worth of a company's assets that shareholders would receive if the company were to be liquidated.The book value of an asset is the same as its carrying value on the balance sheet.A company's or asset's book value is frequently less than its market value.

Fundamental analysis makes use of the price-to-book (P/B) ratio and book value per share (BVPS).

Cost Of Equipment : $100,000

Year one Depreciation : $20,000

Year Two Depreciation : $20,000

Book Value after Second year: $100,000-$20,000- $20,000

=$60,000

Hence, $60,000 is the book value of the equipment at the end of the second year.

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Think about your future financial needs. Are you hoping to purchase a car? How will you pay for college? In a paragraph of at least three sentences, use the information on these pages to design a savings and investment plan that will help you reach your goals. Be sure to explain which investments you chose and why.

Answers

If one is planning to purchase a car or pay for college, then a savings and investment plan to reach these goals would include:

Saving a portion of one's income Investing in stocks Investing in a fixed deposit

How to save and invest?

When it comes to savings, the most important thing is discipline. One has to program their mind to save a portion of their income every time and then make a commitment not to dip into these savings. If you hope to do things in future, then your future financial needs such as purchasing a car or going to college need this discipline.

Once you have have learned to save a portion of your income, it is best to invest it so that it grows. Investments need to be diversified to reduce risk.

Because the goal of buying a car or paying for college is something that is needed in the near future, an investment with a higher return is needed. In which case it would be best to pick stocks. To balance them out and still make good enough returns, invest in a fixed deposit as well.

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In cell Q4, enter a formula using the VLOOKUP function to display a staff member’s years of service. Look up the staff ID listed in cell Q2. Use a structured reference to retrieve the value in the 4th column of the CBFStaff table. Since the formula is looking for a specific staff member’s data, find an exact match

Answers

In cell Q4, the formula using the VLOOKUP function is VLOOKUP(Q2,CBFStaff,4,FAlse).

A function is defined as a relation among a fixed of inputs having one output every. In simple phrases, a feature is a courting among inputs in which each input is associated with precisely one output.

Every function has a site and codomain or variety. A feature is normally denoted by f(x) in which x is the input.

A function is truely a “bite” of code that you can use time and again once more, instead of writing it out a couple of times. capabilities enable programmers to break down or decompose a hassle into smaller chunks, each of which plays a selected undertaking.

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