To prepare a schedule of cash receipts from sales for April, May, and June, we need to consider the sales figures for each month, as well as the percentage of those sales that are made in cash and on credit.
According to the information provided in the question, X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June. Of these sales, 40% are made in cash, and 60% are made on credit. Additionally, all credit sales are collected in the month following the sale.
To prepare the schedule of cash receipts, we'll need to calculate the cash sales and the credit sales for each month, and then determine when those credit sales will be collected. Here's how we can do that:
April:
- Sales: $60,000
- Cash sales: 40% x $60,000 = $24,000
- Credit sales: 60% x $60,000 = $36,000
- Cash receipts: $24,000
- Credit receipts: $0 (since all credit sales are collected in the month following the sale)
May:
- Sales: $100,000
- Cash sales: 40% x $100,000 = $40,000
- Credit sales: 60% x $100,000 = $60,000
- Cash receipts: $40,000
- Credit receipts: $60,000 (to be collected in June)
June:
- Sales: $80,000
- Cash sales: 40% x $80,000 = $32,000
- Credit sales: 60% x $80,000 = $48,000
- Cash receipts: $32,000
- Credit receipts: $48,000 (from May sales)
So the schedule of cash receipts from sales for April, May, and June would be:
April:
- Cash receipts: $24,000
May:
- Cash receipts: $40,000
- Credit receipts: $60,000 (from May sales)
June:
- Cash receipts: $32,000
- Credit receipts: $48,000 (from May sales)
To know more about cash receipts from sales, refer here:
https://brainly.com/question/9543479#
#SPJ11
If the first four units of a good consumed have marginal utilities of 8, 4, 2, and 1, respectively, this trend is an indication of the:________
Answer:
The law of diminishing marginal utility
Explanation:
The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines.
Marginal utility was the highest when only one unit was consumed. As consumption increased, marginal utility declined
Which of the following 4 firms should have the highest price-earnings ratio? Firm 1 with a high beta and a low dividend growth. Firm 4 with a low beta and a high dividend growth. Firm 3 with a high beta and a high dividend growth. Firm 2 with a low beta and a low dividend growth.
The price-earnings ratio (P/E ratio) is a popular metric used by investors to determine the relative value of a company's stock. The P/E ratio is calculated by dividing the current stock price by the earnings per share (EPS) of the company. A higher P/E ratio indicates that investors are willing to pay more for each dollar of earnings that the company generates.
In terms of the four firms given, the firm that should have the highest P/E ratio is Firm 3 with a high beta and a high dividend growth. A high beta indicates that the stock is more volatile than the overall market, which means that investors are expecting higher returns. Additionally, a high dividend growth rate indicates that the company is increasing its dividends at a faster rate, which can also lead to higher stock prices.
On the other hand, Firm 1 with a high beta and a low dividend growth and Firm 2 with a low beta and a low dividend growth may have lower P/E ratios because they may be perceived as less risky investments. Finally, Firm 4 with a low beta and a high dividend growth may have a moderate P/E ratio since it has a lower risk profile but still offers attractive dividends to investors.
To know more about popular metric visit:-
https://brainly.com/question/29992114
#SPJ11
a coffee distributor needs to mix a(n) kona coffee blend that normally sells for $11.10 per pound with a arabian mocha coffee blend that normally sells for $11.90 per pound to create 10 pounds of a coffee that can sell for $11.66 per pound. how many pounds of each kind of coffee should they mix
If a coffee distributor needs to mix a(n). The coffee distributor should mix 3 pounds of the Kona coffee blend with 7 pounds of the Arabian Mocha coffee blend to create 10 pounds of a coffee that can sell for $11.66 per pound.
How many pounds of each kind of coffee should they mix?Let's assume that x pounds of the Kona coffee blend are mixed with y pounds of the Arabian Mocha coffee blend to create 10 pounds of a coffee that sells for $11.66 per pound.
We can set up a system of equations to solve for x and y:
x + y = 10 (total weight of coffee)
11.10x + 11.90y = 10(11.66) (total cost of coffee)
Simplifying the second equation, we get:
11.10x + 11.90y = 116.60
Multiplying the first equation by 11.90 and subtracting it from the second equation multiplied by 10, we get:
11.10x + 11.90y = 116.60
-11.90x - 11.90y = -119.00
-0.80x = -2.40
Solving for x, we get:
x = 3
Substituting x = 3 into the first equation, we get:
3 + y = 10
Solving for y, we get:
y = 7
Therefore, the coffee distributor should mix 3 pounds of the Kona coffee blend with 7 pounds of the Arabian Mocha coffee blend to create 10 pounds of a coffee that can sell for $11.66 per pound.
Learn more about number of coffee here:https://brainly.com/question/27197896
#SPJ1
mention any five methods of doing off season vegetables farming,
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.The Consumer Financial Protection Bureau protects the interests of customers by ensuring that federal consumer-protection laws are enforced. True or False?
Answer:
true
Explanation:
The Consumer Financial Protection Bureau (CFPB) is a government agency that protects consumers' rights by:
enforcing consumer protection laws that prohibit financial institutions from practicing unfair, abusive, deceptive, predatory or discriminatory policies against its customers, e.g. redlining or charging higher interests based on race or gender.they get consumer complaints about unfair treatment from financial institutions and they investigate them.are a source of financial information about the services offered by financial institutions.are in charge of monitoring the activities of financial institutions and making sure that they do not affect consumers negatively.and others.Each square meter (m2) of the pool walls is made out of 16 small square tiles. what are the measurements of each tile, in centimeters?
Each small square tile on the pool walls measures 25 centimeters on each side When each square meter (m2) of the pool walls is made out of 16 small square tiles.
To determine the measurements of each tile in centimeters, we need to know the total area of the pool walls and the number of tiles used. Let's assume that the pool walls have a total area of 50 square meters. If each square meter is made out of 16 small square tiles, then the total number of tiles used is 50 x 16 = 800 tiles.
To find the measurements of each tile, we need to divide the total area of the pool walls by the total number of tiles used. This gives us the area of each tile. So, 50 / 800 = 0.0625 square meters per tile.
To convert this to centimeters, we need to multiply by 10,000 (the number of square centimeters in a square meter). So, 0.0625 x 10,000 = 625 square centimeters per tile.
To find the length of each side of the square tile, we need to take the square root of the area. So, the length of each side of the tile is √625 = 25 centimeters.
Therefore, each small square tile on the pool walls measures 25 centimeters on each side.
To know more about measures visit:
https://brainly.com/question/2384956
#SPJ11
Which of the follow statements regarding the primary objective of financial reporting is correct? A. To be useful information must follow the Generally Accepted Accounting Principles which are created and governed by the Securities and Exchange Commission B. Information that is faithfully represented is complete, neutral, and free from orror. C. Relevant information ensures that users of the information will make the correct decisions D. The primary objective of financial reporting is to provide information useful for the acquisition of long-term assets.
The follow statements regarding the primary objective of financial reporting is correct Information that is faithfully represented is complete, neutral, and free from error.
Which of the following assertions regarding the main goal of financial reporting is the most accurate?Solutions. Financial reporting's main goal is to help decision-makers make wise choices by giving them access to pertinent data.
What serves as the main goal of financial reporting?Your business's income should be tracked, analyzed, and reported through financial reporting. This aids in your decision-making and that of any investors over how to run the company. These reports look at cash flow and resource utilization to gauge the company's financial health.
What is the main goal of general purpose financial reporting to give users with information that they can use?Giving financial data about the reporting entity that is helpful to current and potential investors, lenders, and other creditors in making decisions about providing resources to the entity is the goal of general purpose financial reporting.
To Know more about primary objective
https://brainly.com/question/30202938
#SPJ4
4. Many jurisdictions/organizations configure their EOCs using the standard _______ organizational structure
According to the research studies, many jurisdictions/organizations configure their EOCs using the standard Incident Command System (ICS) organizational structure.
The Incident Command System (ICS) is the process or the system which the firms employ to ensure that their Emergency Operations Centers function well and effectively.
The Incident Command System (ICS) is categorized into five major components, which include the following:
Command, Operations, Planning, Logistics, Finance/Administration.Hence, in this case, it is concluded that the correct answer is "Incident Command System (ICS)."
Learn more here: https://brainly.com/question/10580094
Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt
Answer:
the letter C
Explanation:
pa brainliest nalang po kung tama
Your personal credit reflects income versus debt. Option D is an appropriate response.
What is personal credit?The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.
That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.
Your personal credit reflects income versus debt.
Hence, Option D is an appropriate response.
To learn more about personal credit
https://brainly.com/question/16627336
#SPJ5
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
List 5 expenses that are fixed (ie. something you have to
pay each month and doesn't change
Answer:
food
toiletries
clothing
education
rent
One to two sentences, explain what happens to a production possibilities curve if a natural disaster creates a scarcity of a key resource needed to make a product. Explain why this happens.
A natural disaster causing a scarcity of a key resource necessary for production will result in a shift inward or to the left of the production possibilities curve.
This occurs because the reduced availability of the key resource limits the economy's ability to produce the affected product, leading to a decrease in overall production capacity.
As a result, the economy's production possibilities are constrained, and it is forced to operate at a suboptimal level.
The scarcity of the key resource disrupts the balance between the production of different goods, leading to a decrease in potential output.
The economy will need to allocate its limited resources and adjust its production mix accordingly, potentially focusing on alternative products or finding substitutes for the scarce resource in order to maximize production under the new constraints imposed by natural disaster-induced scarcity.
For more questions on: production possibilities curve.
https://brainly.com/question/26460726
#SPJ8
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
in a __________ economy, the government controls the economic system and does not allow private ownership of the means of production and distribution.
"In a command economy, the government controls the economic system and does not allow private ownership of the means of production and distribution".
In this type of economy, the government makes all the economic decisions and controls the allocation of resources, production, and distribution of goods and services. The government also determines the prices of goods and services and may control the employment and wages of workers.
This is in contrast to a market economy, where the forces of supply and demand determine prices, and private individuals or companies own and operate businesses, producing and distributing goods and services. Command economies are often associated with socialist or communist political systems, and they have been implemented in various countries throughout history.
Learn more about Command economies brainly.com/question/26262298
#SPJ11
Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
Learn more about beacon technology here:https://brainly.com/question/26516180
Determine the simple interest on an account paying 6.5% annually interest of an investment of $5,250. a. $341.25 c. $345.02 b. $343.08 d. $347.96
The simple interest would be a. $341.25. Simple interest is used primarily for short-term loans, such as car loans or personal loans, and for savings accounts and other deposit accounts.
Simple interest is a method of calculating the interest on a loan or an investment. It is called "simple" because it is calculated as a fixed percentage of the initial principal amount, rather than on the increasing balance that occurs with compound interest. Simple interest is calculated by multiplying the principal (initial amount invested) by the interest rate and the number of periods (in this case, 1 year).
Using the formula: I = Prt
where
I = interest, P = principal, r = interest rate (as a decimal), and t = time in years.
We can get:
I = 5,250 * 0.065 * 1 = $341.25
So, the answer is a. $341.25
Learn more about simple interest, here https://brainly.com/question/25845758
#SPJ4
In general, how would you describe the U.S. Economy to someone else?
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
Which of the following allows for response tracking most easily?
SETELAH
A. Signage
B. Radio advertising
C. Television advertising
D. Internet advertising
Answer: internet advertising
Explanation:
Does anyone’s else’s teacher do this and does not let you complete the test-
the supply curve in the long run a. is less elastic than it is in the short run. b. is more elastic than it is in the short run. c. exhibits no change in elasticity at all. d. exhibits no systematic sequence of changes in elasticity.
In the long run, the supply curve of a particular good or service is likely to be more elastic than it is in the short run. This is because in the long run, producers have more time to adjust their production processes and inputs in response to changes in market conditions.
In the short run, producers may have limited capacity to adjust their production levels. For example, if the price of a raw material used in production suddenly increases, a producer may not be able to immediately find a substitute or change their production process to reduce their reliance on that input. As a result, the supply of the good or service may be relatively inelastic in the short run.However, in the long run, producers can more easily adjust their production processes to changes in market conditions. They may be able to find substitutes for inputs that have become more expensive, or invest in new technologies that increase their efficiency and reduce their costs. As a result, the supply of the good or service may be more elastic in the long run.It is important to note, however, that the degree of elasticity of the supply curve may vary depending on the specific characteristics of the market and the production process. In some cases, the supply curve may exhibit no change in elasticity between the short and long run, or may exhibit no systematic sequence of changes in elasticity. These variations depend on factors such as the availability of substitutes, the ease of entry and exit in the market, and the responsiveness of input prices to changes in demand.
To know more about run visit:
brainly.com/question/14179258
#SPJ11
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of outsourcing is leading to increased emphasis on supply chain management.
Employing a third-party logistics (3PL) provider to manage, enhance, and optimize the supply chain is referred to as outsourcing supply chain management. This saves money and boosts the efficiency of the supply chain while enabling ecommerce enterprises to outsource storage and labor-intensive fulfillment duties.
At any point during the process, the supply chain can be outsourced. A tech-enabled 3PL may manage logistics operations on your behalf and assist streamline the whole supply chain, in contrast to certain logistics organizations that simply handle a few steps or jobs.
know more about logistics organizations here
https://brainly.com/question/25380728#
#SPJ4
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of outsourcing is leading to increased emphasis on supply chain management.
The practice of employing a third party from outside a business to carry out tasks or produce commodities that were previously completed in-house by the business's own employees and personnel is known as outsourcing. Companies typically engage in outsourcing as a cost-cutting strategy. As a result, it may have an impact on a variety of occupations, including customer service, manufacturing, and back office work.
In 1989, outsourcing was acknowledged for the first time as a corporate strategy, and throughout the 1990s it played a crucial role in business economics.
In many nations, outsourcing is a practice that has generated significant debate. The argument put up by those opposing is that it has led to the loss of domestic jobs, particularly in the manufacturing industry. Outsourcing, according to proponents, encourages enterprises and companies to spend resources where they are most useful and preserves the characteristics of free-market economies on a global scale.
Businesses can significantly lower labor costs through outsourcing. When a business uses outsourcing, it enlists the assistance of external, non-company companies to carry out certain activities. In order to accomplish the work for less money, outside businesses frequently establish different remuneration schemes with their employees than the outsourcing company. This finally makes it possible for the business that choose to outsource to reduce its labor expenditures.
To know more about outsourcing:
https://brainly.com/question/14202035
#SPJ4
In the project initiation phase, which document contains high-level details of the proposed project?
Answer:
Once the initiation phase has begun and you have been granted the go-ahead, you must develop your project charter, also known as the project initiation document (PID). The Project Charter legally permits the project's existence, delegated power to the Project Manager, and documented the high-level requirements, milestones, and success criteria. The project charter defines the project's goal and requirements. It contains information such as business requirements, major players and stakeholders, scope, objectives, and general aims.
Explanation:
The initiation phase includes all of the processes that must be completed before a project is approved and planning may begin. The idea is to define your project at a high level and connect it to the business problem you want to address. The project charter serves as a framework for defining project decisions and ensuring they are consistent with corporate objectives.
Please help worth bonus points!
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
2. Identify an improved method for allocating costs to the three product lines. Explain. Use the method for allocating S, G & A costs that you propose to prepare new product line and total company income statements. Compare your results to the results in requirement 1.
The proposed method for allocating S, G & A costs is activity-based costing, which yields different product line incomes compared to the previous method.
As an improved method for allocating costs to the three product lines, I propose using the Activity-Based Costing (ABC) method, which identifies the activities that drive costs and allocates them based on their usage. Using this method, S, G & A costs can be allocated based on the actual activities that drive those costs for each product line, resulting in a more accurate allocation of costs.
When using the ABC method, the income statements for each product line and the total company will be different from those prepared in requirement 1, as the costs will be allocated based on different drivers.
To know more about income statements, here
https://brainly.com/question/13463210
#SPJ4
Which of the following is NOT an example of a job skill?
A. attending work every day
B. being good with computers
C. being creative
D. working well in groups
Answer:
attending work everyday
Explanation:
Its not a skill its a priority.
Some examples of a job skill are being good with computers, being creative or working well with a team but attending work every day is not a skill. Therefore a is correct here.
Why do job skills matter?Job skills are important because they are those collections of skills that can help a person to complete a work. There are various kinds of work skills such as workplace skills, technical skills, transferable skills etc.
Workplace skills are those personal skills that ensure that we do our job well, for instance, teamwork. Technical skills are those skills that are required for a specific job such as coding. And transferable skills are those skills which we take from one job to another.
Some of the skills required are communication, change management, professional development, storytelling, planning, influencing, decision-making, problem-solving, and human resources.
Job seekers should always be ready to learn new skills because employers prefer such employees.
Learn more about computers here:
https://brainly.com/question/21080395
#SPJ2
which is one of the four major reasons markets fail? private ownership of resources competitive markets internalized costs and benefits asymmetric information
One of the four major reasons markets fail is asymmetric information.
Asymmetric information refers to a situation in which one party in a transaction has more information than the other party. This imbalance of information can lead to market failures because it affects the decision-making process and can result in adverse outcomes. For example, in a market with asymmetric information, the seller may have more knowledge about the quality or risks associated with a product than the buyer. This can lead to issues such as adverse selection, moral hazard, or market failure due to the inability of the parties to make fully informed decisions. Therefore, asymmetric information is one of the key reasons why markets may fail to achieve efficient outcomes.
Learn more about asymmetric information here:
https://brainly.com/question/8002460
#SPJ11
What are the 4 investment strategies?
Value investing, growth investing, momentum investing, and dollar-cost averaging are the four investment strategies.
A set of guiding principles is appertained to as an investing strategy. Depending on your threat forbearance, investing style, long- term fiscal goals, and availability to finances, there are colorful investing strategies you can use. Investment tactics can be changed.
You can adjust your choice if it does not work with your schedule or threat forbearance. still, switching investment doctrines has a price. It's possible to induce taxable events each time you buy or vend shares, especially when doing so snappily innon-sheltered accounts. After your investments have lost value, you can also come to the conclusion that your portfolio is unsafe than you'd want.
To know more about investment strategies :
https://brainly.com/question/3897957
#SPJ4
Investment supervisors have various methodologies — or 'investment strategies' — to meet the targets of their portfolios. They assume a key part in deciding what's to come dangers and returns related with the portfolio.
An investment supervisor might change their technique as indicated by economic situations, and may utilize a mix of styles and strategies.
At a significant level, the most widely recognized strategies for investing are:
Development investing
Development investing centers around choosing organizations which are supposed to develop at a better than expected rate in the long haul, regardless of whether the offer cost shows up high. Sorts of development investments can incorporate more modest organizations, developing business sectors, recuperation offers, web and innovation stock.
Esteem investing
This technique depends available overcompensating to great and terrible news, bringing about limits of stock cost developments which don't be guaranteed to match an organization's drawn out standpoint. Investors purchase stock when the cost is low and sell when it increments.
Quality investing
Quality investing centers around organizations with extraordinary quality attributes, for example, validity of the administration or dependability of the monetary record. A quality portfolio can contain both development and worth credits.
List investing
Record investing is otherwise called detached investing; zeroing in on making a portfolio of resources intended to match the profits of a market file. The resources held by the portfolio will be completely characterized by the parts of the chose record.
Purchase and hold investing
Purchase and hold investing centers around buying protections and holding these for an extensive stretch of time (typically numerous years) to accomplish returns.
to know more about investment click here:
https://brainly.com/question/25790997
#SPJ4
Since U.S. Treasury Bills and Bonds have very little default risk, their return is often used as a measure of: 1) the volatility of options. 2) the market risk of a firm's stock. 3) the risk-free rate of return. 4) the rate everyone should pay for a car loan.
The return on U.S. Treasury Bills and Bonds is often used as a measure of 4) The rate everyone should pay for a car loan.
What is the commonly used measure for U.S. Treasury Bills and Bonds return?The return on U.S. Treasury Bills and Bonds is often used as a measure of the risk-free rate of return. U.S. Treasury securities are considered to have very little default risk because they are backed by the U.S. government, which is seen as a reliable and creditworthy borrower.
As a result, their returns are often used as a benchmark for other financial instruments and investments.
When calculating the risk or expected return of other investments, such as options or stocks, the risk-free rate of return serves as a reference point. It represents the minimum return an investor would expect to earn without taking on any additional risk.
By comparing the returns of options or stocks to the risk-free rate, investors can assess their volatility or market risk in relation to a relatively safe investment.
However, it is important to note that while U.S. Treasury Bills and Bonds are commonly used as a measure of the risk-free rate, they may not accurately represent the desired return for all types of investments or loans.
The rate everyone should pay for a car loan, for example, may be influenced by factors beyond the risk-free rate, such as the borrower's creditworthiness and prevailing market conditions.
Learn more about Treasury Bills
brainly.com/question/30837260
#SPJ11
why is auditor important
Answer:
Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.
HELP PLEASE!!!
Which of these are financial goals? Select the two correct answers.
1. Saving for college
2. Going shopping during sale season
3. Buying a new computer
4. Getting a credit card
5. Making a monthly deposit on your savings account
Financial goals are targeted objectives individuals set to attain specific desired financial outcomes.
Saving for college is a prime example, involving allocating funds for forthcoming educational expenses. Similarly, making recurring deposits into a savings account constitutes a financial goal, fostering savings growth for future needs like emergencies or investments.
In contrast, the other options—such as shopping during sales, purchasing a new computer, and obtaining a credit card—may involve transactions but lack the inherent long-term financial purpose of savings, investment, or fiscal stability that characterizes genuine financial goals.
To learn more about Financial gaols, click here.
https://brainly.com/question/29238593
#SPJ2