Sanchez, inc. reports the following liabilities (in thousands) on its december 31, 2020, balance sheet and notes to the financial statements. accounts payable $4,263.9 mortgage payable $6,746.7 unearned rent revenue 1,058.1 notes payable (due in 2023) 335.6 bonds payable 1,961.2 salaries and wages payable 858.1 current portion of mortgage payable 1,992.2 notes payable (due in 2021) 2,563.6 prepare the liabilities section of sanchez’s balance sheet as at december 31, 2020.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

a dunce cap for you, you assed this 2 weeks ago

answer makes less frequent trips to the bank and firms make less frequent price changes;