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REY [17]
3 years ago
14

All of the following are examples of qualitative information that should be collected by the financial planner EXCEPT: a. Genera

l attitude towards spending. b. Risk tolerance. c. Client age and number of children. d. Education goals.
Business
1 answer:
jasenka [17]3 years ago
8 0

Answer:

The correct answer is letter "C": Client age and number of children.

Explanation:

Financial planners rely on qualitative and quantitative information to help customers reach their investment goals. Qualitative analysis represents the non-numerical gathering of information based on the customer's subjective values. On the other hand, quantitative analysis is made thanks to all factual data that can be collected.

Thus, <em>a client's age and the number of children is quantitative information planners can collect.</em>

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During February 2017, its first month of operations, the owner of Schwenn Enterprises invested cash of $100,000. Schwenn has cas
olchik [2.2K]

Answer:

Cash balance is $85,000

Explanation:

In determining the cash balance of the period, we must know how much is the inflow and outflow of the cash for the period and add it or deduct to the beginning balance. It is simply, beginning balance plus inflows less outflows. February is the first month of the operation of Schwenn Enterprises, that only means the possible beginning balance of the cash is the cash investment. So to further discuss it clearly, let’s do the computation.

Beginning balance on February $100,000

Add: inflow

Cash sales $20,000

Less: outflow

payment on expenses $35,000

CASH BALANCE AT FEBRUARY 28 $85,000

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Answer:

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Pretty sure your answer is
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