ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If Pat earns $120 each paycheck and receives four paychecks per month, how much should she include as earnings in her yearly budget?
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480
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5760
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1440
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11040
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Explanation:
Detailed explanation-1: -Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold.
Detailed explanation-2: -An asset is anything you own that adds financial value, as opposed to a liability, which is money you owe. Examples of personal assets include: Your home. Other property, such as a rental house or commercial property.
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