Describe how interest rates affect your personal budget, income statement, and balance sheet. What account groups do they affect? Give two specific examples
What will be an ideal response?
Answer: This is a subjective answer. Interest rates affect the income and expense groups. On the income side, interest earned on an account varies. The interest rate affects the ability to purchase a home or car, or obtain a student loan.
Business
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Explain why diversity is important in organizations.
What will be an ideal response?
Business
The first stage in the budgeting process is the preparation of a sales budget
Indicate whether the statement is true or false
Business
Most businesses in the United States are:
A) sole proprietorships. B) partnerships. C) corporations. D) separate entities.
Business
Most virtual teams meet at their launch and during crisis.
Answer the following statement true (T) or false (F)
Business