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Svetach [21]
1 year ago
10

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

Business
1 answer:
MrRissso [65]1 year ago
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

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<span>Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.</span>
5 0
3 years ago
g On July 1, Alton Co. issued an $60,500, 10%, 120-day note payable to Seller Co. Assume that the fiscal year of Alton Co. ends
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Answer:

The interest expense is $521  

Explanation:

The amount of interest expense for the fiscal year is the interest expense of 31 days which ,in other words the interest incurred only in the month of July ,calculated thus:

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8 0
2 years ago
In what areas do federal agencies regulate to ensure safety and the general
NeTakaya

Answer:

d. All of the above

Explanation:

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The areas of regulations include but are not limited to

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3 years ago
Suppose you are analyzing two firms in the same industry. Firm A has a profit margin of 10% versus a margin of 8% for Firm B. Fi
gogolik [260]

Answer:

The answer is false

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