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3 years ago

Which is the penultimate step in the planning process?

1 answer:

Studentka2010 [4]3 years ago

8 0

Hello, The first step of financial planning process is to define specific goals. Since this is the first step I figured it is the most important.
Hope this helps..

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13. Average clients change their interiors every _______ years. A.2 C. 15

vichka [17]

Lacking details maybe, but since it's A or C, I'd go for C. 15 years

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3 years ago

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Which of the following is NOT a proactive hiring procedure? a. conducting background investigations on prospective employees b.

velikii [3]

Answer:

The correct answer is letter "D": instilling in employees a desire to develop ethical awareness and courage to do the right thing.

Explanation:

Proactive hiring procedures are practices performed by the <em>Human Resources (HR) Department</em> of a company by which prospective employees are contacted not necessarily when there is an opening in the company but to establish a relationship with those individuals.

Thus, <em>instilling in employees a desire to develop ethical awareness and courage to do the right thing is an activity developed when people are already hired in a firm</em>. Then, it is not part of proactive hiring.

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3 years ago

How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. (PV of $1. FV

mestny [16]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) How much would you have to deposit today if you wanted to have $54,000 in five years? The annual interest rate is 8%.

We need to use the following formula:

PV= FV/(1+i)^n

PV= 54,000/(1.08^5)= $36,751.49

B) Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $14,500 when you graduate?

PV= 14,500/1.07^2= $12,664.86

C) Calculate the future value of an investment of $643 for eleven years earning an interest of 8%.

FV= PV*(1+i)^n

FV= 643*1.08^11= $1,499.24

D) Would you rather have $643 now or $1,000 eleven years from now?

It depends on the interest rate. We will assume 8%.

PV= 1000/1.08^11= 428.88

It is better to have $643 today.

5 0

3 years ago

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one

prohojiy [21]

Interest earned=2,500×0.04=100

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3 years ago

A profit-maximizing firm operates in purely competitive product and resource markets, with the following resource and production

andrew11 [14]

Answer:

b) 5

Explanation:

W TP MP MRP

1 100

2 190 90 900

3 270 80 800

4 340 70 700

5 400 60 600

6 450 50 500

7 490 40 400

8 520 30 300

the marginal product of n labor = (total product of n labor - the total product of p labor)/(n-p)............(n>p)

Marginal revenue product = marginal product*price

the firm employ input up to marginal revenue product equal to the wage

MRP = wage or closest lower wage

where W = 5

the firm will higher 5 workers.

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3 years ago

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