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2 years ago

The main purpose of short-term planning is to meet your fixed expenses and plan for discretionary expenses.

1 answer:

6 0

The statement "The main purpose of short-term planning is to meet your fixed expenses and plan for discretionary expenses. is true. Option A

<h3>Short-term planning: what is it?</h3>

Short-term planning is often expected to take a year or less. Your daily, weekly, monthly, even quarterly and annual objectives might be considered "short-term goals." They act as stepping stones to help you achieve your primary goal.

A short-term goal is anything you can accomplish in less than a year. Short-term goals might be as simple as reading two books per month, quitting smoking, exercising twice per week, developing a morning routine, etc. The claim is thus accurate.

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If the Canadian dollar is strengthening, then:

Rainbow [258]

Answer:

The correct answer is (D) it has appreciated in terms of other currencies.

Explanation:

Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.

The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.

7 0

3 years ago

In addition to risk-free securities, you are currently invested in the Tanglewood Fund, a broad-based fund of stocks and othe

Murrr4er [49]

Answer: 6.29%

Explanation:

Required return = Risk free rate + beta ( expected return - risk free rate)

Beta.

$= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493$

Required return = 3.63% + 0.493(9.03% - 3.63%)

= 6.29%

7 0

4 years ago

On the _________________________date, the dividend to be paid is recorded as a _______________________, and retained earnings ar

umka21 [38]

Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE

Explanation: Dividend is a sum of money aid regularly by a company to its owners. A Stockholder listed as an owner on the holder-of- record date is entitled to dividend when declared.

When a dividend is declared, it is stated as a liability as it becomes a debt to the organisation. This dividend payable is taken from the retained earnings of the organisation.

7 0

3 years ago

Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared and paid cash dividends of

vladimir1956 [14]

Answer:

$10,000

Explanation:

A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.

For Martinville, income will be calculated first before dividends are paid. Net income will be

=revenue - expenses

=$17,000 -$7,000

=$10,000

Balance in the Income Summary account was $10,000

4 0

4 years ago

If no fixed duration of the partnership is specified, the partnership is a partnership in perpetuity, which means that the partn

arsen [322]

The answer is b. false.

In the absence of a partnership agreement on fixed duration, the Partnership Act 1890 may apply.

Under the Act, a partnership will be automatically dissolved if: a partner dies

· a partner becomes bankrupt;

· the court orders it to be dissolved;

· it's illegal to carry on the business of the partnership;

· the partnership was created meet a goal and this specific objective or the project is complete; or

a partner gives notice to dissolve the partnership to the other partners. The

7 0

3 years ago