Question

Question 1 (1 point) On average, compared to people who have a high school diploma, people...

Question 1 (1 point)

On average, compared to people who have a high school diploma, people who acquire post secondary education:

Question 1 options:

Earn 29% more annually

Earn 29% less annually

Earn the same amount of money as those with a high school diploma

Do not need to learn about personal finance

Question 2 (1 point)

Operating at a sales level at which you have neither profit nor loss is called:

Question 2 options:

Net profit.

Liabilities.

Breakeven.

Equity.

Question 3 (1 point)

When two people jointly hold one full-time position this is referred to as:

Question 3 options:

Job sharing.

Flextime.

Job enrichment

Alternative work arrangement.

Question 4 (1 point)

A ratio is just one number divided by another, with the result expressing the relationship between the two numbers.

Question 4 options:

True
False

Question 5 (1 point)

The majority of people sit with a credit score between 300 and 400.

Question 5 options:

True
False

Homework Answers

Answer #1

Answer 1 Earn 29% more annually.

The post secondary education will bring more job opportunities with a higher income range. So it, generally, leads to a higher incoem as compare to high school diploma holders.

Answer 2 BreakEven

Break even point is a level at which there is neither profit nor loss.

Answer 3 Job sharing

Job sharing is a scenerio in which two people hold the one full time job opportunity. Both the people will keep updating each other and perform roles and responsibilities jointly.

Answer 4 True

Ratio is an expression or relation in which the one number is divided by another number and the result is expressed as a percentage of aother number. For example Gross Profit Ratio = Gros Profit/Sales*100

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