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ahrayia [7]
4 years ago
5

What is the first step in financial planning?

Business
2 answers:
puteri [66]4 years ago
6 0

understanding what you want.

abruzzese [7]4 years ago
3 0
B. Understanding what you want!
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You are in a line at the bank drive-through and 9 cars are in front of you. You estimate that the clerk is taking about four min
omeli [17]
What i would do is multiply the 9 cars by 4 because I need to take the 4 minutes and apply it to all the cars in front of me. 9 x 4 = 36. I calculate that I would wait 36 mins for it to be my turn.
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3 years ago
Which one of the following items is not generally used in preparing a statement of cash flows? Group of answer choices Adjusted
Katena32 [7]

Answer:

Adjusted trial balance

Explanation:

In financial accounting, statement of cash flow can be regarded as a financial statement which give details of how changes that occur in balance sheet accounts as well as income have effect on cash as well as cash equivalents, it also helps in breaking down of analysis to operating as well as investing and other financing activities.

It should be noted that the following items are generally used in preparing a statement of cash flows;

✓Comparative balance sheets

✓Current income statement

✓Additional information

5 0
3 years ago
Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to bo
Sholpan [36]

Answer:

B. Investment Y has a higher present value.

Explanation:

The cash inflows are given in the question for Investment X and Investment Y

Plus we know that the cash inflows and the number of years has an indirect relation

That means if the cash flows are the same for year 1 and 2 and in year 3 and year 4 so year 1 and year 2 present value would be higher as compared with the last year present value

Since in the question Investment Y has higher cash inflows in starting year but in Investment X has higher cash inflows in last year that interprets Investment Y has a higher present value

8 0
3 years ago
Staples sells office supplies and machines, furniture, and business services both in stores and online. It sells every kind of s
tatiyna

Answer:

The correct answer is letter "A": industry-wide differentiation strategy.

Explanation:

An industry-wide differentiation strategy aims to broaden the scope of a business that is specially dedicated to the retail of products of a certain industry. The company keeps focusing on the same industry but supplying more related products consumers their typical consumers are likely to purchase. Part of the strategy implies reaching new markets, thus, investment in new locations might be necessary.

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3 years ago
Suppose a negative externality exists in a market. if transactions costs are low and parties are willing to bargain then, accord
soldier1979 [14.2K]

Under these conditions an efficient solution can be reached regardless of the initial assignment of property rights.

3 0
3 years ago
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