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2 years ago

Many people tend to be too conservative when investing their retirement funds.

Business

1 answer:

goblinko [34]2 years ago

5 0

Many people tend to be too conservative when investing their retirement funds this is true

Medical expenses. Most of us will experience rising medical costs as we age, which could be problematic without adequate preparedness.

Market turbulence, inflation, and so on

Running out of money, losing a spouse, etc.

Rising inflation, shifting interest rates, erratic stock market behavior, and ineffective retirement plans are just a few examples of financial hazards.

Neglecting Your Long-Term Plan. It's far too simple to be seduced by busy markets and promises of substantial rewards.

Taking out loans against retirement funds, skipping required minimum distributions, etc.

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2.<br> The stud of economics is basically about what two things?

Ede4ka [16]

Answer:The two main branches of economics are microeconomics and macroeconomics

Explanation:

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4 years ago

Consider the following account balances of Evan McGruder, Inc., as of December 31, Year 3: Accounts Payable $ 114,340Retained Ea

ss7ja [257]

Answer:

YEAR 3 Balance Sheet

$97,650 Cash

$203,600 Accounts Receivable

$301,250 TOTAL CURRENT ASSETS

$422,700 Equipment

$422,700 TOTAL NONCURRENT ASSETS

$723,950 TOTAL ASSETS

$114,340 Accounts Payable

$4,010 Income Tax Payable

$118,350 TOTAL CURRENT LIABILITIES

$344,300 Notes Payable

$344,300 TOTAL NONCURRENT LIABILITIES

$462,650 TOTAL LIABILITIES

$55,800 Retained Earnings

$205,500 Common Stock

$261,300 TOTAL EQUITY

$723,950 TOTAL EQUITY + LIABILITIES

Explanation:

Account of Current Assets , the criteria is to have a liquidity speed less than one year, which means it's possible to get cash from these accounts before a year period.

"Liquidity is defined as the speed of the assets that will be converted into cash, Assets that take less days to buy or sell are more liquid than others."

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3 years ago

Given that spending for a certain household will always include a base amount of $1000/month, and that additional spending is eq

White raven [17]

With the straight line equation, we can assume y = household spending, x is the income earned monthly, and b would be the base amount spent per month ($1000). m = 1/2 of the income that is spent (additional spending).
Therefore our equation takes shape as follows:
y = 1/2($income) + $1000

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3 years ago

Which sentence is true about including captions in visual aids?

Aleks [24]

Answer:

they provide additional information about the visual

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3 years ago

Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variabl

Margarita [4]

The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is <u>Advanced Product.</u>

<h3>What is a profitable product?</h3>

A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.

A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.

Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.

<h3>Data and Calculations:</h3>

Simple Product Advanced Product

Selling price $22.75 $55.00

Variable cost 10.00 34.50

Contribution margin per unit $12.75 $20.50

Pounds of scarce raw material per unit 35 35

Contribution margin per scare resource $0.364 $0.586

Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.

Learn more about contribution margin per unit of scarce resource at brainly.com/question/15550773

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2 years ago