The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

1 answer:

4 0

The problem of bankruptcy is associated with the misuse of credit in the <u>borrowing</u> component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

To know more about financial planning, click here:-

brainly.com/question/21780268

#SPJ4

You might be interested in

You are making a $120,000 investment and feel that a 10 percent rate of return is reasonable given the nature of the risks invol

Vika [28.1K]

Net Present Value is the difference between the present value of cash flows and the initial investment.

Net Present Value = Present Value of cash flows - Initial Investment

The following image shows the Net Present value of the cash flows:

Net Present Value = $122,142 - $120,000

Net Present Value = $2,142

5 0

3 years ago

When you begin working, you will most likely be both a _____ and a _____ in a market economy.

laila [671]

Producer & Consumer should be the correct answer

6 0

3 years ago

Read 2 more answers

Which of the following assessments of electronic retailing is most accurate? a. The line between electronic retailing and tradit

IgorC [24]

Answer:

The correct answer is letter "A": The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.

Explanation:

Most purchases nowadays are being processed online. The easiness to access to a wide variety of products and the methods of payments causes more people to buy online. Besides, the number of retailer stores with mobile apps is increasing so there is no need to have a computer to make the purchases online since they can be made with a phone. This scenario is fading the line that used to separate traditional retailing with online retailing.

4 0

3 years ago

saul85 [17]

Answer:

The answer is below.

Explanation:

The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

$z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }$