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sasho [114]
2 years ago
5

Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions related to these accounts are referred t

o as:
Business
1 answer:
cestrela7 [59]2 years ago
7 0

Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.

<h3>What is Working Capital Management?</h3>

Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.

A company who make use of working capital management  as a strategy  will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.

Therefore this refers to as working capital management.

Learn more about working capital management here:brainly.com/question/14736085

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Answer:

The correct answer is C

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And under the economics the cost of something like or product is defined as what the person give up in order to get something.

For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.

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3 years ago
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Answer:

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3 years ago
What role do group dyanmics play in financial decisions? use examples of personal and buisness financial decisions.​
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Answer:

Step 1: Determine Your Current Financial Situation

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Step 2: Develop Financial Goals

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Step 3: Identify Alternative Courses of Action

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Step 4: Evaluate Alternatives

You need to evaluate possible courses of action, taking into consideration your life situation, personal values, and current economic conditions. Consequences of Choices.  Every decision closes off alternatives. For example, a decision to invest in stock may mean you cannot take a vacation. A decision to go to school full time may mean you cannot work full time. Opportunity cost is what you give up by making a choice. This cost, commonly referred to as the trade-off of a decision, cannot always be measured in dollars. Decision making will be an ongoing part of your personal and financial situation. Thus, you will need to consider the lost opportunities that will result from your decisions. Evaluating Risk Uncertainty is a part of every decision. Selecting a college major and choosing a career field involve risk. What if you don’t like working in this field or cannot obtain employment in it? Other decisions involve a very low degree of risk, such as putting money in a savings account or purchasing items that cost only a few dollars. Your chances of losing something of great value are low in these situations.In many financial decisions, identifying and evaluating risk is difficult. The best way to consider risk is to gather information based on your experience and the experiences of others and to use financial planning information sources. Financial Planning Information Sources Relevant information is required at each stage of the decision-making process. Changing personal, social, and economic conditions will require that you continually supplement and update your knowledge.

Step 5: Create and Implement a Financial Action Plan

In this step of the financial planning process, you develop an action plan. This requires choosing ways to achieve your goals. As you achieve your immediate or short-term goals, the goals next in priority will come into focus. To implement your financial action plan, you may need assistance from others. For example, you may use the services of an insurance agent to purchase property insurance or the services of an investment broker to purchase stocks, bonds, or mutual funds.

Step 6: Reevaluate and Revise Your Plan

Financial planning is a dynamic process that does not end when you take a particular action. You need to regularly assess your financial decisions. Changing personal, social, and economic factors may require more frequent assessments. When life events affect your financial needs, this financial planning process will provide a vehicle for adapting to those changes. Regularly reviewing this decision-making process will help you make priority adjustments that will bring your financial goals and activities in line with your current life situation

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Explanation:

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Answer:

Option B is the correct answer.

Explanation:

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Option B is the correct answer.

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