Answer:
Create a budget by listing and totaling his income and expenses, and then subtracting his expenses from his income.
Explanation:
If Brian wants to know the monthly payment he can afford for a cell phone plan he has to find out the amount he has left after his expenses are deducted from his earnings and this can be done by creating a budget that is a plan that shows the estimated income and expenses.
The other options are not correct because they won't help determine the money that Brian has available from his income to pay for a cell phone plan.
He should create a budget by listening and totaling his income and his expenses. By knowing the difference between income and expense, he knows how much he can afford to pay monthly for the new cellphone plan that he wants
Answer:
Answer is false just took the quiz
...FALSE...
hope this helps!
2. Should you take the project if you want to increase the value of the company?
Answer:
1. 4 years
2. No
Explanation:
Payback period calculates the amount of time to recoup the total investment made on a project. It calculates how long the cash flows generated from a project would cover the cost of the project.
The cost of the project is $500,000
Cash flows are $125,000 per year for 10 years.
In the first year, the cost of the project is reduced by $125,000 and becomes $375,000.
In the second year, the cost of the project is reduced by $125,000 and becomes $250,000.
In the third year, the cost of the project is reduced by $125,000 and becomes $125,000.
In the fourth year, the cost of the project is reduced by $125,000 and becomes $0.
The cost of the project is totally recouped in the 4th year. therefore, the payback period is 4 years.
But the company has a preferred payback period of 3 years ,therefore , the firm won't undertake the project because the payback period is more than 3 years.
Increase reserve requirement
Lower the discount rate
Buy of government securities
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Question 2 (Multiple Choice Worth 5 points)
[04.04MC]
Which of the following actions would the Federal Reserve most likely take during an economic recession?
Increase reserve requirement
Raise interest rates
Lower discount rate
Sell government secur
The Federal Reserve could increase reserve requirement to control inflation by restricting money supply, and lower the discount rate during an economic recession to stimulate spending and economic activity.
To rein in spiraling inflation, the Federal Reserve would most likely increase reserve requirement. This means they would require banks to hold a larger portion of their assets in reserve, thus decreasing the amount available to lend, stifling the supply of money, and helping to control inflation.
On the other hand, during an economic recession, the Federal Reserve would most likely take the opposite approach. To stimulate the economy, they would likely lower the discount rate. This move would make it cheaper for banks to lend money, thereby encouraging consumer and business spending and potentially help stimulate the economy out of recession.
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