Could you find $400 savings for an emergency?

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According to the New York Times, four in 10 American adults wouldn’t be able to cover an unexpected $400 expense with cash, savings or a credit-card charge that could be quickly paid off, a new Federal Reserve survey finds. Questions: According to the survey, how many people surveyed would need to borrow or sell something… Read more »

The Amazon Effect

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According to the New York Times, to create a Super Bowl snack, their authors bought the same ingredients at a new Whole Foods 365 store and a Walmart. The prices were different and so were the outcomes. Questions: 1. What did the authors want to cook? 2. What was the price difference? 3. Which cooked… Read more »

Not a good financial plan!

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

Even though Wall Street and the financial press have been harping for decades on the retirement savings crisis, this article provides some additional perspectives. Questions: 1. According to the Manpower Group, what percentage of millennials plan to work until they die (as their solution to retirement)? 2. Why do so many millennials have such a… Read more »