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Burka [1]
3 years ago
6

Beverly Foster is planning for her retirement. She has determined that her car is worth $10,000, her home is worth $150,000, her

personal belongings are worth $100,000 and her stocks and bonds are worth $300,000. She owes $50,000 on her home and $5000 on her car. What step in the retirement planning process is Beverly completing?
A. Analyzing her current assets and liabilitiesB. Estimating her spending needsC. Evaluating her planned retirement incomeD. Developing a balanced budget based on her retirement income
Business
1 answer:
Anna71 [15]3 years ago
7 0

Answer: The correct answer is "A. Analyzing her current assets and liabilities".

Explanation: Beverly is completing the step of analyzing her current assets and liabilities in the retirement planning process by determining the value of her assets (home, car, belongings, stocks and bonds) and her liabilities, that is, her debts (50,000 in her house and 5000 in her car).

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4 0
3 years ago
________ marketing calls for socially and environmentally responsible actions that meet the present needs of consumers and busin
Alex_Xolod [135]

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6 0
3 years ago
Paulis Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
Oksanka [162]

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$19,083

Explanation:

Base on the scenario been described in the question, revenue per tenant-day $29.90Total variable expense per tenant-day 20.00 Contribution margin per tenant-day $9.90 Total fixed expense$17,600Net operating income = ($9.90 × 3,400) − $17,600 = $19,083

6 0
3 years ago
What is trade in economics​
NeTakaya

Answer:

Trade is a basic economic concept that involves  the buying and selling of goods and services, in which compensation is  paid by a buyer to a seller, for goods or services or the exchange of goods or services between parties(which is known as trade by barter )

Explanation:

6 0
3 years ago
Read 2 more answers
The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
aleksandr82 [10.1K]

Answer:

35 times

Explanation:

The price-earnings ratio is the financial ratio that compares the market price of a share with its earnings in order to determine whether the share gives earnings that makes it a good buy.

Price-earnings ratio=market price per share/earnings per share

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price earnings ratio=$42/$1.2=35 times

6 0
3 years ago
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