Each month Mary and Brad Johnson have lengthy discussions about their household spending. They do not understand why they are continually short of money even though they both have good salaries. What actions might be taken to avoid personal and financial difficulties?

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Answer 1

Mary and Brad needs to do certains things like keep the track of payments which they are spending, keep the budget, balance checkbook, make short and long term goals, these activities helps the both to avoid financial difficulties.

What is balance checkbook?

When you reconcile your checking account or checkbook, you ensure that the records you've kept for all of your spending and income match what the bank states on your physical or online statement.

Balancing the checkbook is a means of ensuring that records  correspond to those of the bank.

Thus, they need to keep the records of transcations.

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Related Questions

A type of vertical bar chart in which the categories are plotted in the descending rank order of the magnitude of their frequencies is called a:.

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A contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.

What is a contingency table?

They are frequency tables in which data from two qualitative variables are recorded and the relationship between them is analysed.

In these tables, the rows represent the categories of one variable and the columns the categories of the other variable or characteristic under study.

The cell located at the intersection of a given row and column, collects the absolute frequency simultaneously presented by the modalities that occupy the corresponding row and column.

Therefore, we can conclude that a contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.

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Beyond the Backyard, a company that designs and manufactures athletic gear, focuses their marketing efforts on people who participate in strenuous outdoor activities such as running, hiking, and climbing. For example, the firm advertises heavily in Runner's World and Women's Running. Beyond the Backyard is using __________ factors to segment its market.

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The Beyond firm is a using a psychographic factors to segment its market because it is focusing its marketing efforts on people who participate in strenuous outdoor activities.

What is a Psychographic segment?

This is a form of marketing segmentation that identifies the customer groups into segments that influence their buying behaviors.

Some of the buying behaviors includes:

beliefs,values, lifestyle,social status etc

In conclusion, the outdoor activities such as running, hiking, and climbing are all part of consumers lifestyles.

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Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business' __________.

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Accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.

What is accounting?

Accounting is a process of keeping a financial record or preparing the financial record. It includes analysis, verification, and reporting of records of the transaction.

Accounting is the activity in the financial department of a company or business that keeps the daily finance accounts.

Hence, accounting is the system of analyzing, classifying, recording, summarizing, and interpreting a business financial events.

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The _______ method of reporting the statement of cash flows reports net income and then adjusts it for items that do not affect cash.

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Answer: Indirect

Explanation: the indirect method reports net income then adjusts it.

A company that has positive free cash flow struggles with a.retiring debt. b.having financial flexibility. c.funding internal growth. d.None of these choices are correct.

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A company that has positive free cash flow struggles with: None of these choices are correct.

What is the  positive free cash flow?

This is a ternm that is used in the world of business to imply that a business is generating more money than what they use to run the business and also used to reinvest.

This means that the business has potentials and they are able to support themselves for growth.

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Leokadia is currently focused on driving brand awareness with sponsored ads. She reviewed her campaign performance, and noticed that she was not using her entire budget and did not generate as many impressions as she wanted. What can she do to help improve on her campaign performance

Answers

What can help Leokadia improve the performance of your marketing campaign is to include more products that have not yet been advertising.

How to create an effective ad?

It is essential that the marketing department develop advertisements that are aligned with the wishes and needs of the customer, choosing an effective channel for dissemination, with calls to action and objectivity.

Therefore, to keep its ads relevant, Leokadia must implement strategies that consistently promote its products, engaging consumers and creating desire to buy.

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Which best describes how the government enables government monopolies to exist? by issuing a patent by allowing natural monopolies to exist by creating and running a monopoly by owning the means of production.

Answers

Government enables government monopolies to exist by owning the means of production.

What are monopolies?

monopolies can be regarded as a practice whereby a particular entity is given opportunity to control a market by being the sole distributor in the market.

Therefore, government monopolies can exist if the government is sole producer in the country.

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Answer:

c. by creating and running a monopoly

Explanation:

According to the _____________________ argument, a market-oriented economy has no obvious way to implement a plan of systematic wage reductions.

Answers

Answer:

The answer is Coordination.

Explanation:

According to the Coordination argument, a market-orienated economy has no obvious way to implement a plan of systematic wage reductions.

Jeff Arnold and Reggie Bradford created WebMD, an Internet provider of health care information. During the development of this high-growth company, Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with ______ financing.

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Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with equity financing.

What is equity financing?

Equity financing can be defined as the way in which a company or an organization  raise capital by selling their stock.

Most companies or organization tend to sell their shares or stock  to investors  who then provide them  with equity financing as this will enables them to raise money.

Therefore  Arnold and Bradford attracted a group of investors who purchased stock in their company and provided them with equity financing.

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When you speak with a successful and accomplished professional to seek out career advice, it is referred to asMultiple Choicea job fair.networking.an informational interview.LinkedIn.a situational interview.

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When you speak with a successful and accomplished professional to seek out career advice, it is referred to an informational interview

What is an Informational Interview?

This refers to the type of interview where a person seeks out career advice from a successful career person, usually in the same career field to get some useful perspective.

Hence, we can see that based on the given scenario, the narrator is engaged in an informational interview because it was not for job purposes but to get career advice.

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Investors in middle management are most likely to be investing because they're nearing retirement or Question 4 options: they're bored. they can offer a high ROI. they're failed entrepreneurs. they're senile.

Answers

Answer:

high ROI

Explanation:

Answer: Bored

Explanation:

"Middle managers. Angels in middle management positions start investing in small businesses for two major reasons—either they’re bored with their jobs and are looking for outside interests, or they are nearing retirement, or fear they are being phased out." Quote from Textbook

While you are a student, why is it recommended that you check the website or printed materials prepared by the professional organization of your chosen career

Answers

It is recommended that you check the printed materials of your career organization so that:

You would be well aligned with the profession.It would  you to learn about the characteristics needed to be successful in your career,

What is a profession?

This is a paid occupation that a person belongs to after they have gone through periods of formal training.

To align with a career a student would be on the constant look out for information about the career.

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Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are _____.

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Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are Location economies.

What is location economies?

Location economies involves the study of of a place, country for available market.

It involves the production of the goods with minimal risk and optimum output.

It serves as added advantage to cost of productions over their competitors.

Therefore, Companies that want to have the least amount of risk when pursuing business in a foreign country should consider countries that are Location economies.

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Which warehouse location strategy would most likely be used if a company has many more suppliers than customers

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A located strategy called a market positioned strategy would be the most likely warehouse location strategy to be used if a company has many more suppliers than customers.

What is a market positioned strategy?

This strategy involves that determination of ideal number and the best location of warehouses to locate to allow the firm to best serve the organization's customers.

Hence, it is very important that the firm locates its warehouses where it will ensure an efficient operation and ultimately business success.

In conclusion, the market positioned strategy is the best location stragegy because it will allows to the firm to contact the supplier and consumer at ease.

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The price used to record a sale between divisions within the same vertically integrated company is called the sales price. transfer price. bargain price. integrated price

Answers

A transfer price means those price used to record a sale between divisions within the same vertically integrated company.

What is a transfer price?

It refers to the prices of goods & services that are exchanged between companies that are under common control

Hence, it is the price used to record a sale between divisions within the same vertically integrated company.

Therefore, the Option B is correct.

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Explain how credit card companies make money on their cards. what is a credit card issuer?

Answers

A credit card issuer is an unsecured creditor and makes money by imposing charges and fees for transactions one performs to transact via a credit card.

What is a credit card issuer?

Credit card issuer is the one who offers such credit facility to the consumer over the credibility of the holder in the market. He is an unsecured creditor, as no collateral is recoverable in case of default by cardholder.

A few ways in which card issuer make money on their cards are as follows:

Charging interest for late payments of credit amountCharging a fee to merchants for accepting payments via cardsPayment gateway feesCharges on withdrawal of cash

Hence, the ways in which a credit card issuer or a credit card company earns money is in the ways as aforementioned above.

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Answer:I took the test and got a 100

Explanation:

Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.

trust me it's right

3. Effects of a government budget deficit

Consider a hypothetical open economy. The following table presents data on the relationship between various real interest rates and national saving,

domestic investment, and net capital outflow in this economy, where the currency is the U. S. Dollar. Assume that the economy is currently experiencing a balanced government budget.

Answers

The relationship between net capital outflow and net exports implies that the economy is experiencing a trade deficit.

What is a trade deficit?

A trade deficit simply means a situation when the value of the import is more than the value of the export in the country.

In this case, the relationship between net capital outflow and net exports implies that the economy is experiencing a trade deficit.

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Rick Mueller insures his house for $88,500. A. Since the contents are automatically insured for 50% of

the total insurance on the house, what is the amount the contents are insured for? b. If Rick's insurance

company charges $0. 53 per $100 for the policy, what will be the annual premium?

Answers

The amount the contents are insured for based on the insurance done by Rick will be $44250.

How to calculate the insurance?

From the information given, Rick Mueller insures his house for $88,500 and the contents are automatically insured for 50% of the total insurance on the house.

Therefore, the amount will be:

= 50% × $88500

= $44250

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Suppose interest rates in the UK fall. This will affect the side of the foreign exchange market and cause exchange rates to

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A fall in the interest rates in the UK, would cause the exchange rate of the UK to decline.

What is the impact of a fall in interest rate on exchange rate?

Exchange rate is the rate at which one currency is exchanged for another currency. Interest rate is the return earned by investors for allowing business owners use their funds.

When interest rate declines, the return earned by investors would fall. This would discourage investors from investing. This would lead to a decline in the demand for the UK currency. This would depress the exchange rate.

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A 2-for-1 stock split increases the marketability of the stock because.

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The reason why a stock-split of 2-for-1 can be said to increase a stock's marketability is that the market price for each share decreases.

What does a 2-for-1 stock split do?

When a stock is split in this manner, it means that there will now be two stocks for every stock there was before.

This means that the price of every stock will be halved. This increases marketability because the lower market price makes the stock cheaper for people to buy.

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True or false: An increase in aggregate demand along the flat portion of the short-run aggregate supply curve will result in an increase in the price level without much effect on real output.

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It is false that  An increase in aggregate demand along the flat portion of the short-run aggregate supply curve will result in an increase in the price level without much effect on real output.

What is aggregate demand?

This is a term that is used to refer to the total demand for goods and services that are used in an economy.

It is a total of all of the finished goods and services that have been produced in an economy over time.

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Evaluating information sources is a skill that can be used over the course of a lifetime for any personal or professional need.


True


False

Answers

Answer:

True

Explanation:

Melinda walks into a local convenience store to buy chewing gum. She more than likely will employ ____ in deciding to make that purchase.

Answers

Answer: routine response behavior

Explanation:

Melinda walks into a local convenience store to buy chewing gum. She more than likely will employ routine response behaviour in deciding to make that purchase.

What is routine response behaviour?

Routine response behaviour occurs after a sufficient number of trials or purchases of a particular brand. The decision to again buy the product requires little or no decision-making as the routine choice behaviour becomes habitual with each subsequent purchase. Routine choice behaviour is a characteristic of being loyal to a brand as well.

With the rapid increase in promotion, the problem lies in measuring consumer response. An individual’s response to promotions is indicated by the extent to which promotions play a role in his or her purchase routine concerning a brand. It is important for marketers so that they avoid marketing-related environmental interruptions such as stockouts that could force loyal customers to try their competitor’s brand. In marketing, it is important to understand consumer buying behaviour patterns to increase business and customer loyalty.

The decision-making process of customers has different levels such as extensive problem-solving, limited problem solving etc.

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Computer skills and knowledge of specialized software would be most important for someone who is

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Answer:

this will be the answer hope it will help u

A small-business owner wants to drive as many potential customers as possible to their website. The budget for their campaign is only $500 per month. Which type of automated bidding strategy best aligns to the owner's campaign goal

Answers

The maximize click bidding strategy is one of the types of automated bidding strategy which best aligns with the set goal of $500 for a small owner.

What is the maximize click bidding strategy?

The maximize click bidding strategy is a kind of bidding strategy where the bid is automatically set to have the maximum number of clicks within the owner's budget.

The small owner should use the maximize click bidding strategy if he/she wants to attract more potential customers to their online website within the set budget of $500 on monthly basis. This strategy creates a number of clicks for the small owner as per the set amount of budget.

Hence, the maximize click bidding strategy is used by the small owner to achieve its goal within a fixed amount of budget of $500.

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The five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and ______.

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The five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and feedback.

What is the Hackman and Oldham Model?

The Hackman and Oldham Model describes the five core dimensions that determine job outcomes.

The five core job dimensions show the different skills for performing a specific job.  They describe the competence areas and personality traits essential for an employee to perform according to job specifications.

Thus, the five core job dimensions stated in the Hackman and Oldham model are skill variety, task identity, task significance, autonomy, and feedback.

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Money is a ______ of some item or group of items that is used as a medium of exchange.

Answers

Money is a legal tender of some item or group of items that is used as a medium of exchange.

What is money?

Money is what accepted legally all over as one of the means of transactions.

It is given as a payment to purchase a particular goods or services. The value of a countries money is determined by the economy.

Therefore, Money is a legal tender of some item or group of items that is used as a medium of exchange.

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When interest rates increase, the demand for commercial and residential real estate will _____ and the price of real estate will _____.

Answers

When interest rates increase, the demand for commercial and residential real estate will decrease and the price of real estate will decrease.

Hope that helps!

Risk-averse investors require higher rates of return on investments whose returns are highly uncertain, and most investors are risk averse true false

Answers

It is a true statement that risk averse investors require higher rates of return on investments whose returns are highly uncertain.

Who are the risk averse investors?

These are investor that have high tendency to chooses preservation of capital over the potential for a earning the higher than average return on an investment.

The investor generally prefers the safety of principal over the possibility of a higher return on their investment.

Therefore, the statement is true.

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What is the difference between pending and contingent in real estate?.

Answers

Pending: A pending home indicates that all contingencies have been met by the prospective buyer. Contingent: A home listed as contingent still has certain contingencies open.
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