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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.

Click here for additional information about short-term planning.

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Which strategy is an example of how companies may upgrade themselves to meet changing customer preferences?

never [62]

The best example of how companies are upgrading themselves to meet changing customer preferences is personified in option (C) making online shopping services available.

Since customers nowadays prefer to shop online more often than not, many companies are now providing online marketplaces in combination with their traditional brick and mortar stores. Some companies do not even have a pop up store – they purely do their transactions online.

8 0

3 years ago

Stephanie is a 40 percent partner in the SKY Partnership. During the current tax year, the partnership reported ordinary income

gregori [183]

Answer:

The answer is Option B.

$48000

Explanation:

Guaranteed payment $30,000.00

Balance distribution [($210000-$90000)*40%] $48,000.00

Stephanie's adjusted gross income $78,000.00

Less : Guaranteed Payment every year $30,000.00

Increase in Stephanie's adjusted gross income $48,000.00

5 0

3 years ago

You plan to buy a $250,000 home with a 20% down payment. The bank you want to finance the loan through suggests two options: a 1

Rama09 [41]

Answer:

A 15-year mortgage monthly payments is: $1,496.5

A 30-year mortgage monthly payments is: $1,060.1

=> The difference of monthly payment between the two options is: $436.4 ( $1,496.5 - $1,060.1) where the monthly payment of the option of 15-year mortgage is higher.

Explanation:

The borrowed amount in both options is : $250,000 * 80% = $200,000;

* A 15-year mortgage monthly payments is:

We have (1+APR) = ( 1 + Monthly Interest rate)^12 <=> 1.0425 = ( 1 + Monthly Interest rate)^12 <=> Monthly Interest rate = 0.3475%;

Amount of payment periods = 15 * 12 = 180

=> Monthly payment = (200,000 * 0.3475%) / [ 1 - 1.003475^(-180) ] = $1,496.5

* A 30-year mortgage monthly payments is:

We have (1+APR) = ( 1 + Monthly Interest rate)^12 <=> 1.05 = ( 1 + Monthly Interest rate)^12 <=> Monthly Interest rate = 0.4074%;

Amount of payment periods = 30 * 12 = 360

=> Monthly payment = (200,000 * 0.4074%) / [ 1 - 1.004074^(-360) ] = $1,060.1

3 0

4 years ago

A card which requires the cardholder to pay a sum of money equal to the credit limit is called a

Brrunno [24]

The answer is Credit card.

Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

5 0

3 years ago

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill

SVETLANKA909090 [29]

Answer:

d. 1.0.

Explanation:

Four-firm concentration ratio is the ratio of the sales of the four largest firms in the industry relative to total industry sales. In industry B total sales is of $10 million and the top four combined have total sales of $10 million

Therefore, the four firm concentration ratio = $10 million/ $10 million = 1

Therefore correct answer is option B i.e. 1.0

7 0

3 years ago