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2 years ago

What should investors consider when planning for their retirement?

1 answer:

5 0

Retirement planning should include determining time horizons, estimating expenses, calculating required after-tax returns, assessing risk tolerance, and doing estate planning. Start planning for retirement as soon as you can to take advantage of the power of compounding.

Planning for retirement is making preparations for your future so that you can continue to achieve all of your objectives and desires on your own. Setting your retirement goals, calculating how much money you will require, and making investments to increase your retirement savings are all included in this. Every retirement strategy is different.

Planning for retirement is crucial because it might prevent you from running out of money in later life. Your strategy can assist you in determining the rate of return you require on your assets, the appropriate level of risk, and the maximum amount of income you can safely draw from your portfolio.

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The following information was taken from Southgate Industry's cash budget for the month of July: Beginning cash balance $480,000

vladimir2022 [97]

Answer:

the amount that the company have to borrow is $160,000

Explanation:

The computation of the amount that the company have to borrow is given below:

= Minimum cash balance at end of the month - (beginning cahs balance + cash receipts - cash disbursement)

= $400000 - $(480000+304000-544000)

= $160,000

hence, the amount that the company have to borrow is $160,000

4 0

3 years ago

When a customer buys a new stock issue from a syndicate member, the customer pays:______.

Bingel [31]

When a customer buys a new stock issue from a syndicate member, the customer pays <u>Public Offering Price</u>

Syndicate members are commercial or investment banks that are either registered with India's market regulator, SEBI, or registered as brokers with stock exchanges and are in charge of underwriting IPOs. The issuer business and investors who place bids on IPO stocks use them as a middleman. Investors place their bids through Syndicate Members chosen by the issuer company.

Additionally, they are in charge of providing copies of the red herring prospectus and the application form to prospective investors. Syndicate Members submit the bidding information into the electronic bidding system after receiving the offers for the IPO shares. Customer pays Public Offering Price when purchasing new stock from a syndicate member.

To know more about syndicate member

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6 0

2 years ago

When a fruit or vegetable (such as strawberries or lentils) is in season, the demand for it will increase as it becomes cheaper.

REY [17]

Answer:

The correct answer is False.

Explanation:

The law of demand states that a higher price results in a lower quantity demanded, and that a lower price leads to a greater quantity demanded.

An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a price drop will increase the quantity demanded. For example, when the price per liter of gasoline increases, people look for ways to reduce their consumption by combining several chores, moving in a shared vehicle or on public transport, or spending the weekend and vacations in places near their home. Economists call this inverse relationship between price and quantity demanded law of demand. The law of demand assumes that all other variables that affect demand remain constant.

3 0

4 years ago

Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $38,000 and a remain

creativ13 [48]

Answer:

Calculate the total change in net income if Alternative A, B is adopted.

If alternative A is adopted, the total change in net income will be:

Given:

Cost of new machine = $117,000

Market value of old machine = $48,000

Variable manufacturing cost savings = ($34,000 - $22,300)*5years

= $58,500

The total change in net income=

(market value of old machine+ savings on variable manufacturing costs - cost of new machine)

= $48,000 + $58,500 - $117,000

= - $10,500

The total change in net income if Alternative A is adopted is $10,500.

__________________________

If alternative B is adopted, the total change in net income will be:

Given:

Cost of new machine = $119,000

Market value of old machine = $48,000

Variable manufacturing cost savings = ($34,000 -$10100)*5years

= $119,500

The total change in net income=

(market value of old machine+ savings on variable manufacturing costs - cost of new machine)

=$48,000 + $119,500 - $119,000

= $48,500

The total change in net income if Alternative B is adopted is $48,500

__________________________

From the calculation, we could see net income for alternative B is higher and it is also positive, compared to alternative A which is a negative and lower.

Therefore, if the machine should be replaced, alternative B should be usrd

8 0

4 years ago

What line item flows from the statement of retained earnings to the balance sheet?

-Dominant- [34]

Answer:

Retained Earnings

Explanation:

The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.

3 0

4 years ago