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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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Gross Private Domestic Investment $1,593

Len [333]

Answer: $793 billion

Explanation:

Following the information provided in the question, the corporate profit will be calculated as:

Undistributed corporate profits = 141

Add: Dividend = 434

Add: Corporate income taxes = 218

Corporate profit = $793

Therefore, the corporate profit is $793 billion

4 0

3 years ago

Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the

Furkat [3]

<span>hey will receive $2,500,000 per year, or answer C.</span>

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3 years ago

Read 2 more answers

Jodi is retiring at the age of 65. When she retires, she estimates that she will need a monthly income for 25 years. If Jodi sta

sergejj [24]

Monthly income refers to the gross countable income received or projected to be received during the subsequent month.

<h3>Interest compounded monthly</h3>

Given Information:

Principal = 328,133.32
Interest rate = 6.2%, compounded monthly
Term = 25 years

A = P (1 + r/n)^nt

A = 328,133.32 (1 + 6.2%/12)^12*25

A = 328,133.32 (1 + 0.0052)^300

A = 328,133.32 (1.0052)^300

A = 328,133.32 (4.74)

A = 1,555,351.94 Total value after 25 years.

=1,555,351.94 / 300 months = 5,184.51 per month.

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2 years ago

Assume the required reserve ratio is 10% and banks keep no excess reserves, and borrowers deposit all loans made by banks. Suppo

Kryger [21]

Answer:$90

Explanation:

The reserve ratio is the percentage of deposits that the banks are obligated to keep from customer savings for deposit demand and make the balance available to clients as loans. The federal reserves varies the reserve ratio on it's intention for the money supply, when it intends to increase the money supply it reduce it and vice versa.

In this situation the highest amount that the money supply can be increased with is 90% of the deposit which is $90

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3 years ago

Sunland Company accumulates the following data concerning a proposed capital investment: cash cost $208,780, net annual cash flo

siniylev [52]

The net present value is 12,100. The investment should be made because NPV is positive

The present value of an investment's after-tax cash flows is known as the investment's net present value.

Businesses can make decisions using the NPV technique. It aids in not only comparing projects of the same size but also in determining whether a given investment is profitable or not.

While the net present value has advantages such as taking time worth of money into an account and assisting management in making better decisions, it also has drawbacks such as not taking hidden costs into account and being unable to be utilized by the company to compare projects of various sizes.

NPV =( Net annual cash flows x present value factor) - cost

NPV = (44,000 x 5,02 ) - $208,780 = 12,100

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3 0

2 years ago