The amount of current income that you earn today isn't relevant to setting your long term goals for the future. group of answer choices true or false?

Answers

Answer 1

False. Your current income can help you set realistic goals for the future, as it determines how much you can save, how much you can invest, and what type of returns you can expect. It is important to factor in your current income when setting long-term goals for the future.


The amount of current income that you earn today is relevant to setting your long term goals for the future. Your current income can help you determine what is realistic for your future goals and can also help you create a plan to achieve those goals.

For example, if your current income is low, you may need to set smaller, more achievable goals in the short term while you work on increasing your income to achieve larger goals in the future.

Alternatively, if your current income is high, you may be able to set more ambitious goals for the future. Overall, your current income is an important factor to consider when setting your long term goals.

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Related Questions

Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) ________ good and movies at the movie theater are a(n) _________ good.

Answers

Answer:

inferior, normal

Explanation:

Consumers tend to spend more or less on a commodity when their income level changes. This is as a result of preference that is restricted by income level.

Based on this there are 3 types of goods: inferior, normal, and necessity.

Inferior goods are ones that a consumer will abandon for other goods when income rises.

Normal goods are the ones where demand increases as income rises.

Necessity are goods whose demand remains constant despite income changes.

In the give scenario therefore rental movies are inferior goods while going to the movie theatre is a normal good.

2. Davidson describes two fundamentally different economic philosophies that both impact the debt crisis that the US faces. What are these philosophies? Do you agree with one more than the other?

Answers

Answer:

Davidson describes two philosophies that are represented each by the Republican Party and by the Democratic Party.

Republicans believe, according to Davidson, that the economy works best when the state keeps its hands off it. Republicans view a free market economy without government intervention as essentially a perfect machine that can coordinate the interests of vastly different goups of people (this is the concept of the invisible hand, developed by Adam Smith).

The Democrats, on the other hand, while seeing Capitalism as the most efficient economic system, believe that the capitalist economy needs to be regulated by the state, because otherwise, a free market generates undesirable effects like externalities and economic inequality.

According to Davidson, the republicans and the democrats as philosophies are two fundamentally different economic philosophies that impact the debt crisis facing the US. I agree more with the republican side of things, life can't always come with an aim of everything being "equal" and "fair".

What does a credit card company consider when you apply for a card? A.Which companies you have credit cards from already B.Whether you will pay off your balance in full every month C.How many credit cards you have applied for D.The name of the company where you work

Answers

B. Whether you will pay off your balance in full every month

the triple bottom line is economic prosperity, environmental stewardship, and social responsibility. modern companies need to focus on which aspect of the triple bottom line?

Answers

Corporate social responsibility is emphasized by the triple bottom line. It prods businesses to take into account both the fixation with profits and social and environmental repercussions.

TBL advises putting equal emphasis on the three Ps: profit, planet, and people. TBL was created by John Elkington as an accounting framework in 1994. Elkington was both a novelist and an entrepreneur. In terms of social, environmental, and economic elements of company, TBL seeks to combine sustainable accounting. All companies want to appear green in the face of mounting societal pressure. But not everyone is willing to forgo financial gain.

The triple bottom line (TBL) approach advocates incorporating economic, environmental, and social goals into financial ones.

TBL also highlights the need of profitability because businesses must pay their employees, operational creditors, and lenders.

Businesses must ensure that the area is clean and that their operations don't negatively impact the environment. TBL highlights the contentious topic of toxic waste disposal. Sustainable trash disposal is significantly more expensive.

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which part of our body is affected by plogue pose?​

Answers

Answer:

spine and shoulders are affected

The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.

Plow Pose

It is a stretching exercise which keeps your body fit and flexible.

Doing stretching exercise regularly benefits the body mucles and tendons.

The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.

This pose affects our spine and also our shoulders.

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which part of our body is affected by plogue pose?

Janelle owns a business within the hospitality and tourism industry and recently let an employee go because the employee’s lack of productivity was beginning to negatively impact the company’s profit margin. Provide a description of what this employee’s lack of productivity may have looked like and analyze potential ways that it could have impacted the profit margin. Feel free to fabricate or create a hypothetical situation.

Answers

The employee must have lacked good relationship skills with customers and clients, thereby leading to reduction in patronage.

How  poor communication and relations affect patronage

The employee that was let go was one that had difficulty getting the requests and the need of the Clients. She was sometimes rude to the customers as well.

The effect that this had on the business was massive due to the fact that the customers had to stop patronage for a while after they had laid series of complaints.

Hence the need to let the employee go so as to get a worker that is more productive and job ready for the position.

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Which of the following states the significance of evaluation in a prospecting plan?
Evaluation makes it easier to track results from using different prospecting methods.
Continuous evaluation can be done to establish a regular daily schedule for conducting prospecting activities.
Evaluation allows salespeople to record comprehensive information about a prospect, trace the prospecting methods used, and chronologically archive outcomes from any contacts with the prospect.
Evaluation helps develop a base of comprehensive knowledge and understanding, and is the key to believing in one's self.
Continuous evaluation should be employed to ensure that a salesperson is meeting prospecting goals and using the most effective prospecting methods.

Answers

Evaluation allows salespeople to record comprehensive information about a prospect, trace the prospecting methods used, and chronologically archive outcomes from any contacts with the prospect.

Continuous evaluation should be employed to ensure that a salesperson is meeting prospecting goals and using the most effective prospecting methods. Evaluation plays a significant role in a prospecting plan as it helps track the results obtained from different prospecting methods. By evaluating the outcomes of various approaches, salespeople can identify which methods are most successful in generating leads and converting prospects into customers. This knowledge enables them to focus their efforts on the most effective strategies, improving their overall prospecting efficiency.

Furthermore, continuous evaluation allows salespeople to establish a regular daily schedule for conducting prospecting activities. By monitoring their progress and analyzing the outcomes of their prospecting efforts, salespeople can identify areas that require improvement or adjustment. They can adapt their prospecting methods and optimize their time management to ensure they are consistently working towards their prospecting goals.

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Think of a time you have received exceptional customer service. What was the situation? What made the interaction special to you? How did it make you feel?

Answers

However, I can provide you with an example of exceptional customer service. One of my users shared with me their experience of receiving exceptional service at a high-end restaurant.

The user was celebrating their wedding anniversary and the staff went above and beyond to make their evening special. From personalized menus to a complimentary bottle of champagne, everything was well-planned and executed. The interaction with the staff was warm and genuine, making the user feel valued and appreciated. The attention to detail and personalized touches made the interaction special for the user. They felt like they were more than just another customer and were left with a lasting impression.

The exceptional service left the user feeling grateful and happy, which only added to the joy of their special occasion.
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The Benson Bearing Company sells Textron, Inc. a quantity of baseball bats that were stored in an independent warehouse at the time of the sale. The contract says that Textron is to pick up the bats at the warehouse. The risk of loss passes to Textron:

Answers

Answer:

at the time it receives a negotiable warehouse receipt for the bats.

Explanation:

Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.

Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.

This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.

What will happen if you do not pay off your credit card balance each month?

Answers

If you do not pay your credit card invoice in any respect, you may likely get charged a late fee, lose your grace period, and need to pay interest at a penalty fee. Your credit rating may even pass down if you fall a minimum of 30 days behind on a credit score card bill fee.

Wearing a balance does not assist your credit score score, so it is always excellent to pay your balance in complete each month.

The effect of now not paying in full every month depends on how huge of stability you're wearing as compared to your credit restrictions.

Leaving stability will not assist your credit card ratings—it will just price you cash inside the shape of the interest. Wearing excessive stability for your credit cards has a bad impact on rankings as it will increase your credit utilization ratio.

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THEATRE PLEASE HELP 100 POINTS HAHA

A screenwriter is working on an episode of a comedy series about a group of employees working at an advertising agency. At some point in the episode, the protagonist is at risk of losing her biggest client if she doesn't deliver a successful social media campaign. A set of ridiculous circumstances leads to a brilliant idea that just might save the day and her career. Which two elements of Freytag's plot pyramid are present?

Climax and resolution
Exposition and resolution
Falling action and resolution
Rising action and climax

Answers

Exposition and resolution, the first two tiers of Freytag's plot pyramid, are covered. As a result, option (B) is correct.

Who is called a Screen Writer ?

A freelance occupation is screenwriting. As long as you have strong storytelling skills and imagination, you can work as a professional screenwriter without having a degree. In contrast to other professions, screenwriters are recruited as independent contractors.

The majority of screenwriters, if not all of them, begin their careers by penning scripts purely out of passion and do it without getting paid or employed for it. It is referred as as a spec script if such a script is sold. Professional screenwriters are distinguished from amateur ones by the fact that they frequently have talent agencies as their representatives.

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Decision Point: Market Capitalization You're also interested in knowing the size of capitalization of various companies because, as an informed investor, you know that larger market cap stocks are less risky, whereas firms with smaller market caps are viewed as considerably riskier. Based on the information provided, compute the market capitalization and categorize the stocks as micro-cap, small-cap, mid-cap, or large-cap. The number of shares outstanding and the share price* have been provided. Drag each description to the correct column and click Submit. Company Name Share Price Number of Shares Outstanding (In millions) $53.85 87.43 1. Acadia Healthcare Company 2. Essendant, Inc. $30.82 37.00 3. Fifth Third Bancorp. $17.25 767.72 4. Zlopharm Oncology $06.04 130.22 5. Yelp Inc. $30.30 76.48 6. Vermilion Energy Inc. $31.32 113.45 7 Yum Brands, Inc. $85.76 407.44 Company Name Share Price Number of Shares Outstanding (In millions) 1. Acadia Healthcare Company $53.85 87.43 2. Essendant, Inc. $30.82 37.00 3. Fifth Third Bancorp. $17.25 767.72 4. Ziopharm Oncology $06.04 130.22 5. Yelp Inc. $30.30 76.48 6. Vermilion Energy Inc. $31.32 113.45 7. Yum Brands, Inc. $85.76 407.44 8. Whirlpool Corporation $171.38 75.97 9. Coach, Inc $41.56 278.03 10. Big 5 Sporting $09.85 22.02 * Share price and number of shares outstanding were calculated based on information available on 7/9/16. Micro-Cap Stock Small-Cap Stock Mid-Cap Stock Large-Cap Stock Micro-Cap Stock Small-Cap Stock Mid-Cap Stock Large-Cap Stock Coach, Inc. Big 5 Sporting Vermilion Energy Inc. Whirlpool Corporation Yum Brands, Inc Fifth Third Bancorp Acadia Healthcare Company Ziopharm Oncology Essendant, Inc Yelp Inc.

Answers

Micro-Cap Stock: Big 5 Sporting ($09.85 x 22.02 = 216.74 million), Ziopharm Oncology ($06.04 x 130.22 = 787.21 million)

Mid-Cap Stock: Vermilion Energy Inc. ($31.32 x 113.45 = 3,567.06 million), Acadia Healthcare Company ($53.85 x 87.43 = 4,675.14 million)

What is Market capitalization?

Market capitalization (often referred to as market cap) is a measure of a company’s size, calculated by multiplying the number of outstanding shares by the share price. To calculate market capitalization for each of the companies listed above, you would take the number of shares outstanding and multiply it by the share price. Using the information provided, the market capitalization for each of the companies can be classified as follows

Small-Cap Stock: Essendant, Inc. ($30.82 x 37.00 = 1,141.34 million), Yelp Inc. ($30.30 x 76.48 = 2,319.08 million)

Large-Cap Stock: Fifth Third Bancorp. ($17.25 x 767.72 = 13,219.04 million), Whirlpool Corporation ($171.38 x 75.97 = 13,112.42 million), Yum Brands, Inc. ($85.76 x 407.44 = 33,750.03 million), Coach, Inc. ($41.56 x 278.03 = 11,524.30 million)

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PLEASE help im stuck


What management principle caused the cost per bushel to change? Explain how the principles applied to this example.

PLEASE help im stuckWhat management principle caused the cost per bushel to change? Explain how the principles
PLEASE help im stuckWhat management principle caused the cost per bushel to change? Explain how the principles
PLEASE help im stuckWhat management principle caused the cost per bushel to change? Explain how the principles

Answers

Answer:

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.

What information does a lead contain in a news story?

What information does a lead contain in a news story?

Answers

Answer:

1st one

Explanation:

It would be answer A

what is a good way to overcome the principal – agent problem?

Answers

Answer:  to spend money on monitoring and providing incentives for workers.

Explanation:

To try and overcome the principal-agent problem, the principal will have to spend money on monitoring and providing incentives for workers. “However, it is generally impossible for the principal or the agent at zero cost to ensure that the agent will make optimal decisions from the principal's viewpoint.”

A marketer is wondering if environmentally-friendly packaging should be used for the firm's product since it costs more to do so. This ethical question relates to which element of the marketing mix? a.product b.promotion c.brand d. marketing

Answers

A marketer is wondering if environmentally-friendly packaging should be used for the firm's product since it costs more to do so. This ethical question relates to product. In this case option A is correct.

Large corporations like Coca-Cola, Disney, and Dell typically concentrate their traditional marketing efforts on maintaining and expanding their current brands and programs.

These types of businesses benefit from more resources, including strong financial backing and a large staff of marketing experts to guide their efforts. However, marketing for small- and medium-sized businesses (those with 500 or fewer employees and less than $7.5 million in annual receipts, as defined by the Small Business Administration3) is different due to the lack of financial resources and the fact that the entrepreneur is frequently the only one in charge of marketing initiatives. If they have money set aside for marketing costs, they might hire a small agency on a project-by-project basis.

Small start-ups frequently lack resources, as you have learned from previous chapters.

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Select the statement below that describes a post-closing trial balance. Multiple choice question.
A. It is a listing of all permanent accounts and their balances after closing.
B. It is a listing of all temporary accounts and their balances after closing.
C. It is a financial statement that describes all revenue and expense accounts after closing,
D. It is a listing of all permanent accounts and their balances immediately after the adjusting process.

Answers

The post closing trial balance is A. a listing of all permanent accounts and their balances after closing.

What is the post closing trial balance?It shows the balances of permanent accounts (balance sheet items) at the closing of the reporting period. Helps compare debits to credits.

The post closing balance sheet allows a company to balance its accounts by comparing the balances on the debit side with the credit side. Adjustments can then be made.

In conclusion, option A is correct.

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A supply manager sources steel, which is a strategic component for the organization. As a result, an offshore supplier is chosen. A contract is executed and production begins. But within a few weeks, the supply manager receives criticism from senior management about the arrangement with the offshore supplier. Which of the following is the MOST likely reason for the criticism? A. Senior management was not consulted about the change. B. The new timelines were not acceptable. C. Training for the new supplier was inadequate. D. The product failed to meet quality specifications.

Answers

The most likely reason for the criticism is that the senior management was not consulted about the change.

Without a change management strategy to accompany a trade, humans bodily experience the fallout. Productivity and efficiency may additionally decline, which could have an effect on clients and providers. Valued employees may depart as frustration, change fatigue, and confusion connected to the new initiative grows.

The role of senior executives and organizational managers is key to any trading procedure, as their help and willingness to trade fuels the whole hierarchy. they may be chargeable for all strategic initiatives and organizational overall performance.

The change procedure owner is liable for defining and helping the general process concerned in alternate control. The activities consist of: Devising the process, in aid of the change manager and CAB. communicating the hints to appropriate stakeholders.

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Organization use marketing research to gather data about ___. (Select all that apply)
•New products they are considering
•their customers preferences
•their customers
•employees they want to hire

Answers

Answer:

•New products they are considering

•their customers preferences

•their customers

Explanation:

Market research entails collecting data from potential and existing customers. Researchers have to interact with customers through questionnaires or interviews. The objective is to seek their views, perceptions, or preferences regarding the company and its products. Market research may target to find out the viability of new products or customer tastes and preferences.

Data relating to the potential employees is not gathered through market research.

What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?

Answers

Answer: The action button lets users play the audio file, the sound button will play an audio clip.

Explanation:

The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.

is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK) QUESTION 16 In high-context communication, a message can be

Answers

1. Ethnocentrism is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups

2. The given statement " In high-context communication, a message can be understood without a great deal of background information" is false.

The inclination or attitude of perceiving one's own cultural or ethnic group as superior to others is referred to as ethnocentrism. It entails judging other cultures, practises, beliefs, and values according on one's own standards and perspectives.

Ethnocentrism frequently results in a biassed and narrow-minded perspective of other cultures, culminating in the exaltation of one's own group while defaming or discriminating against other communities.

A message in high-context communication is strongly reliant on contextual cues, shared experiences, and implicit understanding between members of a specific culture or group.

It presupposes that the message's listeners have a large amount of common background information and cultural knowledge, which is required to accurately grasp the message's intended meaning.

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The following question may be like this:

______is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK)

QUESTION 16 In high-context communication, a message can be understood without a great deal of background information. True False

You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...

1. Profit
2. Sales
3. Services
4. Expenses
5. Goods

Answers

Answer:

I think its #1 bro i don't know

What are the primary reasons people choose to invest and trade stocks?

(Select all that apply.)


to earn a dividend to earn a dividend , ,

to earn capital gains to earn capital gains , ,

to earn predictable quarterly interest to earn predictable quarterly interest , ,

to earn money that is liquid

Answers

Answer:

to earn a dividend

to earn capital gains

Explanation:

Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.

Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.

Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.

Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.

Sam has been working in the same position without any promotion or salary increase for 2 years. He currently makes $45,000 per year, but he thinks that someone with his experience should make $50,000. During his annual appraisal, he approaches the topic with his boss. Sam asks for a $10,000 a year raise. His boss says that the current budget cannot support such an increase. Sam then asks for a $5,000 a year raise, and his boss agrees. Which technique did Sam use to attain compliance from his boss

Answers

Answer:

The door in the face technique

Explanation:

With the information provided, the answer is that Sam used the door in the face technique because this is a method in which a person tries to convince another one of something by making a big demand that is unreasonable and that will be denied, so the person will accept another request that is reasonable and this is what Sam did as he requested a $10,000 a year raise that was denied and then, asked for a $5,000 a year raise that his boss accepted.

true or false in the late 1800s, farm families in the trans-mississippi west became less dependent on loans as they were able to purchase land, machinery, and industrial products despite the prices for agricultural goods in the world market.

Answers

The given statement "In the late 1800s, farm families in the trans-Mississippi became less dependent on loans as to purchase land and industrial products for agricultural goods market" is False because geographic area experienced the most dramatic growth in capitalism.

The capitalism is an economic and political system in which a country's trade and industry are controlled by the private owners for profit.

That's why, it is wrong statement that in the late 1800s, farm families in the trans-Mississippi west became less dependent on loans as they were able to purchase land, machinery, and manufacturing products whose  costs for agricultural goods.

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The wearing away of the Earth's surface is called​

Answers

Answer:

Erosion is the wearing away of the Earth's surface.

If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to

Answers

Answer:

2%

Explanation:

When will the Social Security fund dry up at Its current level?
• A.
2022
© B.
2027
• C
2037
© D. 2097
© E. 2117

Answers

Answer:

c. 2037

Explanation:

As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.

The correct answer would be C.

From an internal control standpoint, the asset most susceptible to improper diversion and use is:.

Answers

From an internal control standpoint, the asset most susceptible to improper diversion and use is Cash.

What is cash?

Cash is the most liquid asset because it can easily be used in exchange unlike other assets.

Cash is classified under the Current Assets section of the balance sheet but is always presented first before debtors, inventory, and short-term investments.

Thus, from an internal control standpoint, the asset most susceptible to improper diversion and use is Cash.

An emergency fund should NOT be used for… repairing your laptop that you use for homework. a sudden health issue that needs care. a last minute school trip. fixing a blown tire on your car that you use to get to work.

Answers

An emergency fund should NOT be used for a last minute school trip.  Option 3

What should the emergency fund  be used for?

An emergency fund is typically intended to cover unexpected and urgent expenses that could not have been anticipated or budgeted for in advance. It is important to use your emergency fund wisely and not to deplete it for non-essential expenses.

Based on that, it is generally not recommended to use your emergency fund for a last-minute school trip or repairing your laptop that you use for homework, as these expenses are not urgent or unexpected.

On the other hand, using your emergency fund to cover a sudden health issue that requires care or fixing a blown tire on your car that you use to get to work can be considered legitimate uses of the fund, as they are unforeseen and necessary expenses.

It is important to have a clear understanding of what constitutes an emergency and to use your emergency fund accordingly to ensure that it remains available to cover truly urgent and unforeseen expenses.

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Answer:

C. a last minute school trip

Explanation:

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