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2 years ago

What is financial literacy and why is it important.

Business

1 answer:

FromTheMoon [43]2 years ago

8 0

Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

Hope this helps! Have an amazing day! :D

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The correct answer is:

b. loss of $75,000

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3 years ago

Santos Unlimited (SU) was originally unlevered with 4200 shares outstanding. However, after a major financial restructure, SU no

Nataly_w [17]

Answer:

Unlevered Levered

EAT EBIT * (1-t) EBIT - Interest - Tax

No. of shares 4,200 3,800

Payoff per share holder = EAT / Number of shares. At Indifference point, per share payoff should be equal in both cases

EBIT * 0.66 / 4,200 = (EBIT - (37,000*8%) * 0.66) / 3,800

0.66*EBIT / 4,200 = [0.66*EBIT - 2,960*0.66] / 3,800

3,800 * 0.66EBIT = 4,200*[0.66EBIT - 1,954]

2,508 EBIT = 2,772 EBIT - 8,206,800

2,772 EBIT - 2,508 EBIT = 8,206,800

264 EBIT = 8,206,800

EBIT = 8,206,800/264

EBIT = 31086.36363636364

EBIT = $31,086.36

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3 years ago

What is the difference between advertising and personal selling

Law Incorporation [45]

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3 years ago

Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in

Nataly_w [17]

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This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ . Therefore, they should charge $200+10\cdot 10 = \boxed{300}$ dollars per ticket.

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3 years ago

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Black_prince [1.1K]

Answer: response

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3 years ago

Read 2 more answers