Answers
Step 1: Ask the Customer to Submit a Credit Application.
Step 2: Check Business Credit Rating.
Step 3: Set Credit Limit and Repayment Terms.
Answer:
1. Credit Application from Your Customer. Your credit application doesn’t need to be complicated, but …
2. Bank and Trade References. Checking bank and trade references is a very common practice, and …
3. Check Business Credit Using Credit Bureaus. There are a number of commercial credit bureaus that …
Explanation:
Related Questions
Which scenarios can be considered effects of Soul Sister shoe store choosing to sell dresses shoes or over sneakers select two answers
Answers
Option A and B are correct. A)High faculty athletes quit purchasing there: This choice is correct. As the corporation is no extra producing the sneaker shoe. Therefore, excessive school athletes stop shopping there. This choice is correct.
B.)The stock of sports activities socks goes unsold: This choice is correct.
As the business enterprise modifications the manufacturing from the sports activities to the dress shoes. The gadgets of sports socks go unsold, as no greater buyers will come to purchase the socks only. This impact is correct.
What is an instance of a scenario?A possible scenario would be that we pass to the city. The most in all likelihood scenario is that he goes again to faculty in the fall. The best-case scenario would be for us to finish the work via tomorrow. In the worst-case scenario, we would have to start the undertaking all over again.
Learn more about shopping scenario here:
https://brainly.com/question/14924029#SPJ9In a market economy, prices are the signals that guide the allocation of scarce resources.
Answers
Answer:
True
Explanation:
The ___ function returns the year portion of the data/time available
Answers
Answer:
The Excel YEAR function returns the year component of a date as a 4-digit number.
Explanation:
Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance at January 31 are shown. Jan. 1 Bernick invested cash in the business, $11,000. 2 Paid office rent, $750. 3 Purchased office equipment on account, $1,300. 5 Received cash for services rendered, $900. 8 Paid phone bill, $65. 10 Paid for a magazine subscription (miscellaneous expense), $40. 11 Purchased office supplies on account, $200. 15 Made a payment on account (see Jan. 3 transaction), $150. 18 Paid part-time employee, $700. 21 Received cash for services rendered, $800. 25 Paid utilities bill, $115. 27 Bernick withdrew cash for personal use, $450. 29 Paid part-time employee, $700. Bernick’s Consulting Trial Balance January 31, 20-- ACCOUNT TITLE ACCOUNT NO. DEBIT BALANCE CREDIT BALANCE Cash 101 9,730 Office Supplies 142 200 Office Equipment 181 1,300 Accounts Payable 202 1,350 Diane Bernick, Capital 311 11,000 Diane Bernick, Drawing 312 450 Consulting Fees 401 1,700 Wages Expense 511 1,400 Rent Expense 521 750 Phone Expense 525 65 Utilities Expense 533 115 Miscellaneous Expense 549 40 14,050 14,050 Question Content Area 1. Prepare an income statement. Bernick's Consulting Income Statement For Month Ended January 31, 20-- Revenues: Rent expense $Rent expense $- Select - - Select - - Select - - Select - - Select - - Select - $- Select - Question Content Area 2. Prepare a statement of owner's equity. Bernick's Consulting Statement of Owner's Equity For Month Ended January 31, 20-- $- Select - - Select - Total investment $fill in the blank 18bdaaf7e02bfe3_5 $- Select - - Select - - Select - $- Select - Question Content Area 3. Prepare a balance sheet. Bernick's Consulting Balance Sheet January 31, 20-- Assets Liabilities $fill in the blank fc5bf9fa0fb307a_2 $fill in the blank fc5bf9fa0fb307a_4 fill in the blank fc5bf9fa0fb307a_6 Owner's Equity fill in the blank fc5bf9fa0fb307a_8 fill in the blank fc5bf9fa0fb307a_10 Total assets $fill in the blank fc5bf9fa0fb307a_11 Tot
Answers
1. The preparation of the Income Statement for Bernick's Consulting is as follows:
Bernick's Consulting
Income StatementFor the Month Ended January 31, 20--
Consulting Fees 401 $1,700
Wages Expense 511 1,400
Rent Expense 521 750
Phone Expense 525 65
Utilities Expense 533 115
Miscellaneous Expense 549 40 $2,370
Net income $670
2. The preparation of the Owner's Equity for Bernick's Consulting is as follows:
Bernick's Consulting
Owner's EquityAs of January 31, 20--
Diane Bernick, Capital 311 $11,000
Diane Bernick, Drawing 312 (450)
Net loss (670)
Owner's equity $9,880
3. The preparation of the Balance Sheet for Bernick's Consulting is as follows:
Bernick's Consulting
Balance SheetAs of January 31, 20--
Assets:Cash 101 $9,730
Office Supplies 142 200
Office Equipment 181 1,300
Total assets $11,230
Liabilities and equity:Accounts Payable 202 $1,350
Owner's equity 9,880
Total liabilities and equity $11,230
Data:Bernick’s Consulting
Trial BalanceJanuary 31, 20--
ACCOUNT TITLE ACCOUNT NO. DEBIT CREDIT
Cash 101 $9,730
Office Supplies 142 200
Office Equipment 181 1,300
Accounts Payable 202 $1,350
Diane Bernick, Capital 311 11,000
Diane Bernick, Drawing 312 450
Consulting Fees 401 1,700
Wages Expense 511 1,400
Rent Expense 521 750
Phone Expense 525 65
Utilities Expense 533 115
Miscellaneous Expense 549 40
Totals 14,050 14,050
Learn more about preparing financial statements at https://brainly.com/question/22941895
#SPJ1
I have one problem in solving this accounts question. Please help me to find this answer
Answers
Based on the information, the Account to be debited and Account to be credited so given below.
How to explain the information(a) Bought office machinery on credit from D Isaacs Ltd.
Account to be debited - Office Machinery
Account to be credited - Accounts Payable (D Isaacs Ltd)
(b) The proprietor paid a creditor, C Jones, from his private funds.
Account to be debited - Accounts Payable (C Jones)
Account to be credited - Owner's Equity (Private Funds)
(c) A debtor, N Fox, paid us in cash.
Account to be debited - Cash
Accounts Receivable (N Fox)
(d) Repaid part of loan from P Exeter by cheque.
Account to be debited - Loans Payable (P Exeter)
Cash
(e) Returned some office machinery to D Isaacs Ltd.
Account to be debited - Accounts Payable (D Isaacs Ltd)
Office Machinery
(f) A debtor, N Lyn, pays us by cheque.
Account to be debited - Cash
Accounts Receivable (N Lyn)
(g) Bought van by cash.
Account to be debited - Van
Cash
Learn more about account on
https://brainly.com/question/26181559
#SPJ1
Which of the following would not be considered as an example of industrialization
a. Replacement of human with mechanical skills
b . Improved economic organization
c . Improved extraction and working of raw materials
d. Increase in literacy
Answers
What is industrialization?
Industrialization is the local or global development of industrial activity. Replacement of human with mechanical skills would be an example of industrialization because in an industry, most of the labor is performed by automated machines rather than enforcing physicality. Think of it this way: during times where involuntary servitude was permitted, the North was industrial while the South required slaves. Improved economic organization would be an example of industrialization because through industry, economies are more efficient, accurate, and high-quality, while with physical labor, things are produced with less quality and efficiency. Improved extraction and working of raw materials is an example of industrialization because with industry, things like mass production and interchangeable parts can be used to increase how the economy thrives and survives.
Your final answer: An increase in literacy would not be an example of industrialization. If you need any extra help, let me know and I will gladly assist you.
If you wanted to demonstrate to potential future employers that you can use the Hootsuite Platform proficiently, what would you do?
A. Complete the Hootsuite Social Marketing Certification Course
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
C. Add Hootsuite as a previous employer in your resume
D. Complete the Hootsuite Academy Platform Certification Course, then print out your Certificate and put it on your wall.
Answers
Answer:
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
Explanation:
To demonstrate potential future employers proficiency in using the Hootsuite platform, it is essential that you complete the certification course on the Hootsuite Academy platform, as through the course you will have efficient technical skills to carry out brand management on social media and be able to compete to a job vacancy whose specialization is necessary.
Therefore, after obtaining the course certification, it is ideal that you add your credential to your Linkedin profile, as this is the platform most used by recruiters to identify whether the profile of a candidate for a vacancy matches the profile of the company.
In this way, there is a greater chance that a candidate will draw the attention of an employer to achieve a desired job vacancy and also to expand the networking network and gain new future professional positions.
Describe how personal goals, lifestyle, background, hobbies, interests, experience, abilities and financial
resources will impact a business.
Answers
It should be noted that personal goals, lifestyle, financial resources play a vital role in the success and growth of a business.
Experience plays a vital role in q business. When an individual has previous experience regarding a business, this will help shape the person in the right direction.
Also, having the financial resources to meet one's needs are important. Having huge finance can aid the development of one's business.
One's lifestyle and background also matter. It's important to engage in the activities that will lead to the success of the business.
Learn more about financial resources on:
https://brainly.com/question/2589715
A clothing eCommerce comapny has an Average Order Value of $65. It costs the company $35 to produce the clothes in the average order and $15 to ship it to the customer. What is the Average Order's Gross Profit? * $65 $50 $30 $15
Previous question
Answers
The average order's gross profit for the ecommerce company is $15. The Option D is correct.
What is the calculation for the gross profit?To calculate the average order's gross profit, we will subtract the total cost of producing and shipping the clothes from the revenue generated by the order.
Revenue generated by the order is $65.
The total cost of producing and shipping the clothes is:
= $35 + $15
= $50.
The gross profit of the average order is:
= $65 - $50
= $15.
Read more about Gross profit
brainly.com/question/942181
#SPJ1
Yields on short-term bonds tend to be more volatile than yields on long-term bonds. Suppose that you have estimated that the yield on 20-year bonds changes by 10 basis points for every 21-basis-point move in the yield on 5-year bonds. You hold a $2.1 million portfolio of 5-year maturity bonds with modified duration 4 years and desire to hedge your interest rate exposure with T-bond futures, which currently have modified duration 9 years and sell at F0 = $70. How many futures contracts should you sell? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)
Answers
Answer:
67
Explanation:
thebyield is good
Question 1-12
The Gross Domestic Product (GDP) of the United States is expanding currently. Which of
the following changes to these business cycle factors would be most likely to encourage GDP
growth to slow?
I. The automobile industry reduces hours for factory workers.
II. Banks offer lower interest rates for mortgages.
III. Consumers feel more secure in their jobs.
I only
III only
I and II only
II and III only
Answers
The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.
What would cause GDP growth to slow?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.
To learn more about GDP, please check: https://brainly.com/question/15225458
#SPJ1
Total (10 marks) QUESTION TWO Amani Ltd. Manufacturers a single product. Currently, the company has eight employees who produce a total of 3,000 units of the product in a 40-hour week The hourly rate of pay for all the employees is sh. 300 In an effort to improve productivity and thus increase output in the normal 40- hour week, an incentive scheme has been suggested. The scheme which the eight employees have agreed to over a one month trial period, provided for differential piecework payments in addition to reduced basis rate per hour. Additional information: 1. Basis hourly rate in sh. 200 per hour. 2. Different piecework rates - first 3,000 units of output in a week - sh. 2.80 per unit output of 3,001 units to 3,600 units a week - sh. 3.40 per unit output over 3,600 units in a week - sh. 4.50 per unit 3.In the first week of the trial, total output was 3.700 units in the 40 hours worked. Required: a) For existing time rate payment system, determine:
Answers
Difference between primary and secondary catering
Answers
Primary catering - those catering establishment function or the main function is to. provide food and beverage to the guests or the customers
Secondary catering - are the one in which the provision of food and beverage is a part of another business .
Businesses can be classified into the following forms: proprietorship, partnership, corporation, limited liability company (LLC), and limited liability partnership (LLP).
Different forms of businesses have different characteristics. Which of the following characteristics belong to a partnership? Check all that apply.
Answers
The following characteristics belong to a partnership:
What is a partnership?
A partnership is a form of business ownership in which two or more individuals own and operate the business together. In a partnership, the profits and losses of the business are shared among the partners in accordance with their agreed-upon terms, and the partners have unlimited liability, meaning that they are personally responsible for the debts and obligations of the business.
Shared ownership: Partnerships are a form of business ownership where two or more individuals own and operate the business together.Shared profits and losses: In a partnership, the profits and losses of the business are shared among the partners in accordance with their agreed-upon terms.Unlimited liability: Partners in a partnership have unlimited liability, meaning that they are personally responsible for the debts and obligations of the business.Partnership agreement: Partnerships typically have a written agreement that outlines the terms of their relationship, including the distribution of profits and losses, responsibilities of each partner, and the management of the business.Flow-through taxation: Partnerships are considered pass-through entities, which means that the business itself does not pay taxes on its profits. Instead, the profits are passed through to the partners, who report their share of the income on their individual tax returns.To learn more about partnership:
https://brainly.com/question/14034519
#SPJ4
The Supply-Demand Condition of a specific perfectly competitive market is shown in the figure. At the equilibrium point, which of the following areas represents the producer surplus?
Answers
Answer:
the point between the supply intercept and equilibrium or total surplus minus consumer surplus
A group of users can perform certain operations on a shared workbook. Which option helps them to update and track changes in the shared workbook?
The
option allows all group members to update information and track changes in the workbook.
Answers
Answer: Edit option allows everyone in a group to edit the contents work
Explanation:
Hope it helps
What is the purpose of every item in the SHARKS mnemonic?
Answers
The purpose of every item in the SHARKS mnemonic is:
S – state the agenda before you start your meeting;
H – hijackers will be at your meeting, so watch out;
A - adding relevant information is the key to a good meeting;
R – repeat the agenda at the end of the meeting;
K - keep the meeting small and short;
S - scheduling should be outside the meeting.
What is the significance of a mnemonic?A mnemonic can be referred to or considered as a tool of the English language wherein the initial letters of a concept are used to easily memorize the concept effectively.
In the given condition above, the mnemonic of SHARK is used as an effective memory tool for memorizing the purpose behind each initial in a meeting of intelligence department.
Therefore, the significance regarding mnemonic is aforementioned.
Learn more about a mnemonic here:
https://brainly.com/question/6280268
#SPJ1
On march 1 mike joined christmas Club His bank automatically deduct a $210 from his cheaser account of the end of each month, and deposit it into his christmas Club account is when will earn 0.0525 animit interst The account comes to term on December 1. Total interest earned in account
Answers
Mike will have a total of $2100 in his Christmas Club as his bank deduct $210 a month from March till December. Hence he may get $110.25 in interest if the interest rate is 5.25% on December 1.
Describe the Christmas Club.An account specifically intended for holiday spending is a Christmas club account. It typically only lasts for a year or less. A savings account of this type, often known as a Christmas club or holiday club account, is one in which regular deposits are made by customers all year long. In order to pay for holiday shopping and other expenses, such as travel, the accrued savings are then withdrawn just before the holiday season.
Regular direct transfers from your paycheck may be permitted by the account in Christmas club, and those funds would be preserved and transferred to them in time for the holiday buying season. Based on the balance in the account, the yearly percentage yield will fluctuate between 0.05% and 5.00%.
To learn more about Christmas club, visit:
https://brainly.com/question/947468
#SPJ1
The complete question is:
On March 1 Mike joined Christmas Club His bank automatically deduct a $210 from his Chaser account of the end of each month, and deposit it into his Christmas Club account. What will he earn at 5.25% APR simple interest for the year, as the account comes to term on December 1.
Johnson corporation began the year with inventory of 14,000 units of its only product. units cost $8 each. The company uses a Perpetual inventory system and the fifo cost method. The following transactions occurred during the year: a. purchase 70,000 additional units at a cost of $10 per unit. Terms of the purchases were 2 /10 n/ 30, and 100% of the purchases were paid within the 10-day discount. The company uses the gross method to record purchase discounts. The merchandise was purchased f. O. B. Shipping point and Freight charges of $0.40 per unit were paid by Johnson. b. 1400 units purchased during the year will return to suppliers for credit. Johnson was also given credit for the freight charges of $0.40 per unit it had paid on the original purchase. The units were defective and were returned two days after they were received. c. sales for the year totaled 65,000 units at $18 per unit. d. on December 28th Johnson purchased 5400 additional units at $10 each. The goods were shipped f. O. B. Destination and arrived at Johnson's Warehouse on January 4th of the following year e. 17600 units were on hand at the end of the year. required: 1. for financial reporting purposes, the company uses lifo (amounts based on the Periodic inventory system). Record the year-end adjusting entry for the lifo reserve, assuming the balance in the lifo Reserve at the beginning of the year it's $15,800 2. determine the amount the company would report as income before taxes for the year under lifo. Operating expenses other than those indicated in the above transactions amounted to $158,000
Answers
Why did tech giants like SAP, Oracle, Microsoft, and IBM miss the opportunity to produce a SaaS CRM like Salesforce.com? What might keep large tech companies from identifying potential opportunities like Salesforce.com?
How do I answer this?
Answers
I believe it's best to stick with big tech firms like Salesforce.com for seeing possible business prospects because its software is getting simpler and easier to use all the time. 6.18.
Why is Salesforce so popular?Salesforce is particularly well-known for its capabilities in the areas of marketing campaign development and tracking, customer issue tracking based on escalation and resolution levels, graphic dashboards, and robust reporting functions.
How significant is Salesforce?Salesforce assists companies in tracking client contacts and sales information. It has the ability to manage leads, contacts, chances, and cases. Salesforce also provides a number of tools to assist companies in automating their sales and marketing procedures, including email marketing, lead generation, and lead scoring.
To know more about Salesforce.com visit :-
https://brainly.com/question/13142277
#SPJ1
Explain why the sampling method stated in (1) is the most efficient
method.
Answers
Answer:
As with all probability sampling methods, simple random sampling allows the sampling error to be calculated and reduces selection bias. A specific advantage is that it is the most straightforward method of probability sampling.
Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2020. During that time, he earned $76,000 of self-employment income. On April 1, 2020, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $196,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year
Answers
Answer:
$18,943.40
Explanation:
FICA taxes when Kyle was self employed = $76,000 x 15.3% = $11,628
Social security taxes while employed = ($137,700 - $76,000) x 6.2% = $3,825.40
Medicare taxes while employed = [($200,000 - $76,000) x 1.45%] + [($196,000 + $76,000 - $200,000) x 2.35%] = $1,798 + $1,692 = $3,490
Total FICA taxes = $18,943.40
Which of the following most accurately describes what banks do with their excess reserves
Answers
Answer:
B. Banks use excess reserves to make loans to customers so that they can make profits on the interest.
Explanation:
Throughput is defined as
Answers
By using the throughput, we can measure how much information a system can process in a given amount of time.
What is information?The word information is defined as, Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, that can be said to convey some level of information.
As the throughput is basically applied to the broad system that was ranging from the various aspects of the computer, As well to the networks for the system organizations.
Therefore, As a result, we can also calculate the Throughput. By the total good units produced / time.
Learn more about the information here:
https://brainly.com/question/13629038
#SPJ1
Which scenarios provided would cause a change in demand for grape jelly?
A)
The price of grape jelly increases considerably.
B)
Grape jelly is placed on sale at a local supermarket.
The prices of peanut butter and bread increase substantially.
D)
Summer is approaching and more people prefer sandwiches for lunch.
E)
The federal government releases a report on the positive health benefits of
grape jelly
Answers
Answer:C d and e
Explanation:there different scenarios
what is the minimum wage for SA
Answers
the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).
The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.
Learn more about minimum wages here:
https://brainly.com/question/29128876
#SPJ1
Feed the Hungry Children, a (fictitious) not-for-profit tax-exempt entity under IRC Sec. 501(c)3, has been in operation for six years. The mission of the group is to provide healthy breakfast meals to children in inner city schools, so they can best learn. A wealthy local philanthropist has been meeting with the organization hoping to change the direction of the organization in return for a $1,000,000 permanent endowment donated to the group. While these negotiations were taking place this year, the organization suspended its normal operations. The draft of the Form 990 for this fiscal year shows 0 revenues and 0 expenses for this fiscal year and penciled in is a $1,000,000 gift from the philanthropist. The treasurer of the Board is drafting the Schedule A for the Form 990 in preparation for reporting to the Board whether the organization's status has changed form a public charity to a private foundation. Go to the www.irs.gov website and obtain Form 990, Schedule A. In your own words, construct an argument to support why this tax-exempt entity is still a public charity.
Answers
Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.
1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.
2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.
3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.
4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.
5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.
6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.
It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.
For more such questions on philanthropist, click on:
https://brainly.com/question/11307464
#SPJ8
Sarah is working on a paper, but the paragraph she is typing doesn't make sense. She needs to delete all of her work and start over. The quickest way to remove the text is to _____.
a.
select all of the text to be deleted and hit Backspace key
b.
hit the Backspace key repeatedly until all of the text is gone
c.
delete the document and begin a new one
d.
hit the Delete key repeatedly until all of the text is gone
Answers
Answer:
a
It's the fastest way
Answer:
Option A.
That is the easiest and quickest way to delete the whole text
How do these three rules apply to your life? Explain them in your words and try to think about how they relate to your financial situation. (Hint: Think about how you earn money and how you spend money, also imagine that you have been offered a credit card with a starting line of credit at $1000)
Rule 1 - Don't have debt rise faster than income, because the debt burden will eventually crush you
Rule 2 - Don't have income rise faster than productivity, because you will eventually become uncompetitive
Rule 3 - Do all that you can to raise your productivity, because in the long run that's what matters most
Answers
The three rules below will help individuals achieve financial stability and security, which is critical for living a happy and stress-free life. They can learn new skills, enroll in courses, read books, and so on to increase their productivity levels.
Rule 1: Don't have debt rise faster than income, because the debt burden will eventually crush you.To avoid falling into a debt trap, one should prioritize their spending. It's always a good idea to live within one's means and avoid spending more than they earn.Rule 2: Don't have income rise faster than productivity, because you will eventually become uncompetitive.It's a good idea to focus on increasing productivity to achieve long-term financial stability. One must avoid situations where they are not productive but are earning more money, as this can make them uncompetitive in the long run.Rule 3: Do all that you can to raise your productivity, because in the long run that's what matters most.Productivity is the most critical factor in achieving financial stability. Increasing productivity can lead to higher earnings, which can help you reach your financial goals faster.Individuals must always make efforts to improve their productivity. It's always a good idea to live within one's means, avoid unnecessary debt, increase productivity, and invest in oneself. In conclusion, the above three rules can be beneficial to anyone looking to achieve financial stability.
For more such questions on financial stability
https://brainly.com/question/11694378
#SPJ8
The value of Rewards anticipated by workers is labeled _________ in expectancy theory.
Answers
The value of Rewards anticipated by workers is labeled valance in expectancy theory.