True or False 1. Personal factors such as age, income, household size, and personal beliefs influence the spending and saving pattern of one individual. 2. One of the economic factors affecting financial planning is demand and supply. 3. Consumer spending measures the peso available for spending in the country's economy.

True or False 1. Personal factors such as age, income, household size, and personal beliefs influence the spending and saving pattern of one individual. 2. One of the economic factors affecting financial planning is demand and supply. 3. Consumer spending measures the peso available for spending in the country's economy.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 21Q: How can an investor or lender use the Gross Profit Margin Ratio to make financial contribution...

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