Sheila has a plan to save $45 a month for 18 months so that she has $810 to remodel her bathroom. After 13 months Sheila has saved $510. If the most Sheila can possibly save is $70 per month, which of the following statements is true? a. Sheila will meet her goal and does not need to adjust her plan. b. Sheila must save $50 per month to achieve her goal. c. Sheila must save $60 per month to achieve her goal. d. Sheila will not be able to achieve her go

Answers

Answer 1
Answer:

Sheila will meet her goal and does not need to adjust her plan. The correct option is a.

What is the introduction of savings?

Savings is the amount left over after an individual's consumption demands have been satisfied. Individuals who make purchases using credit and are subject to increasing EMI obligations would have little to no monthly savings. Savings aid in accumulating money for the future.

To find out if Sheila will be able to achieve her goal, we need to determine how much more she needs to save in the remaining 5 months.

Sheila's goal is to save $810, and after 13 months, she has saved $510. Therefore, she needs to save an additional:

$810 - $510 = $300

in the remaining 5 months.

If the most Sheila can save is $70 per month, then the maximum amount she can save in the remaining 5 months is:

$70 x 5 = $350

Since $350 is more than the $300 she needs to save, Sheila will be able to achieve her goal and does not need to adjust her plan.

Thus, the ideal selection is option a.

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Answer 2
Answer:

Answer:

Sheila has a plan to save $45 a month for 18 months so that she has $810 to remodel her bathroom. After 13 months Sheila has saved $510. If the most Sheila can possibly save is $70 per month, which of the following statements is true?

a.} Sheila will meet her goal and does not need to adjust her plan.

b}  Sheila must save $50 per month to achieve her goal.

c}  Sheila must save $60 per month to achieve her goal. <<CORRECT

d}  Sheila will not be able to achieve her goal.

Explanation:

Edge 2021


Related Questions

Which of the following activities is not part of preparing for a job interview?a. Dress carefully and arrange to arrive on time. b. Think about questions that might be asked and practice answering them. c. Smile warmly, make eye contact, and shake hands firmly. d. Find out who will be interviewing and what the company does.
The ________ requires that the costs incurred to generate a particular revenue should be recognized as expenses in the same period that the revenue is recognized. a. materiality concept b. consistency concept c. matching principle d. going concern assumption
Write at least two policies that your company could use to decide which customers to offer credit to.
On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy’s security interest attach?a. March 1. b. March 5. c. March 10. d. March 15
The law of demand states that:a. A decrease in supply of a good will lead to a decrease in demand for that good. b. An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand. c. An increase in supply of a good will lead to a decrease in demand for that good. d. An increase in income will lead to a decrease in demand, and a decrease in income will lead to an increase in demand.

Zoning laws help prevent _______.a. new businesses from competing with old businesses
b. new buildings from being developed
c. new development from negatively impacting established businesses and residents
d. new factories from being introduced in an area

Answers

The law helps to prevent zoning.

The correct answer is an option C . new development from negatively impacting established businesses and residents.

What are the advantages of zoning?

Zoning can maintain an existing neighborhood. Zoning can retain the existing structure. Zoning can prevent the mixing of incompatible land use (such as erotic dance clubs and schools). Zoning allows potential destructive uses to be placed away from residential areas and other delicate areas.

Zoning is a way for local governments to regulate and develop land under their control. It is divided into multiple categories to balance the city, ensure proper land use and provide value to the citizens who own the property. Zoning also helps protect the local environment and keep property values ​​stable.

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the answer is C. A new development from negatively impacting established business and residents

Zoning laws are written regulations that define how property in a specific geographic zone can be used. It can prevent a new commercial building to be built and compete in a previously established neighborhood.

Supply curves are created when the data from a answers:
a. demand curve is graphed.
b. demand schedule is graphed.
c. supply schedule is graphed.
d. store's daily receipts is collected

Answers

Supply curves are created when the data from a supply schedule is graphed. The correct answer is C. 

Which of the following would not affect the outcome of a job interview?a. body language
b. clothing
c. grammar
d. interviewer’s clothing

Answers

Answer:

d. interviewer’s clothing

Explanation:

A prepared talk where one person asks questions and other people answers is called An interview. In other words, an interview is a situation where someone serves as the interviewer and the other as the interviewee.  

A chat that occurs between someone who applied for a job and the spokesperson of a business that is being done to determine whether the candidate is capable of working is called Job interview.  

It's D. Interviewer’s clothing

Surrealists emphasized _____________ instead of ____________.

Answers

The correct answer is irrationalism and rationalism. It is because surrealist are cultural movement in which they are likely to reunite cultures or different races in means of having to have unity, that’s why they are likely to focus more on irrationalism than rationalism.

Answer:

irrational; rational

EDGE confirmed

Which of the following could help determine a job candidate's trustworthiness?A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions

Answers

Answer:

C) An in-person interview

Explanation:

All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.

In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.

Final answer:

A credit check, an in-person interview, and closed-ended interview questions are methods that can help determine a job candidate's trustworthiness.

Explanation:

One of the options that could help determine a job candidate's trustworthiness is a credit check. This can reveal information about a candidate's financial responsibilities and history, which can be indicative of their level of trustworthiness. An in-person interview is also helpful, as it allows the employer to assess the candidate's demeanor, body language, and overall impression. Lastly, closed-ended interview questions can provide specific information about a candidate's qualifications and their ability to demonstrate trustworthiness.

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On January 1, 2018, Riley Corp. acquired some of the outstanding bonds of one of its subsidiaries. The bonds had a carrying value of $421,620, and Riley paid $401,937 for them. How should you account for the difference between the carrying value and the purchase price in the consolidated financial statements for 2018?

Answers

Answer:

The gain on exthinguish will be       19,683

Explanation:

The bond had a carrying value of 421,620

They were purchase at                   401,937

The gain on exthinguish will be       19,683

That's because the bonds payable were purchase from third parties.

The subsidiary already issued the bond in a previous period.

When the parent company purchase the bonds, they were retired from other entities, so it is not a intra-entity transaction, therefore produces gains or losses.