All categories

4 years ago

A blank is a plan which an individual balances available resources and expense

Business

2 answers:

Marina CMI [18]4 years ago

7 0

A "budget" is a plan in which an individual balances available resources and expenses.

Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.

shusha [124]4 years ago

7 0

A <u>budget </u>is a plan which an individual balances available resources and expenses.

You might be interested in

You are evaluating the following two investment opportunities: Project A: This project requires $2,000 upfront, and pays you $50

Rainbow [258]

Answer:

The project A has a smaller IRR, and the project B is more attractive

Explanation:

Solution

Solve for Project A:

Now,

Let assume that the IRR be x

Hence,

The Present Value of Outflows of Cash Outflows= The Present Value of Inflows of Cash

Thus,

2000 =500/(1.0x) +500/ (1.0x)^2 +1200/(1.0x)^3

Or we say x= 4.223%

Therefore the IRR is 4.223%

For project B:

Let assume that the IRR be y.

Thus,

The Present Value of Outflow of Cash = The Present Value of Inflow of Cash

so,

2000 =600/(1.0y) + 600/ (1.0y)^2 + 1000/(1.0y)^3

Or we say, y= 4.498%

Therefore the IRR is 4.498%

8 0

4 years ago

Farmland Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was

Stells [14]

Answer:

Please see journal entries below

Explanation:

The entries below are made in the books of Farmland Corporation, the issuer of the bond.

Upon redemption, journal entries would be as follows.

Debit: Bond Account $396,000 (cash paid to bond investors)

Credit: Cash/Bank Account $396,000 (cash paid to bond investors)

Debit: Profit/Loss Account $8,000 (premium paid over carrying value of bond, calculated below: )

Credit: Bond Account $8,000 (premium paid over carrying value)

Premium over carrying value is calculated as follows:

Redemption value - carrying value

= $(\frac{redemption price}{carrying price} *face value) - carrying value$

= $(\frac{99}{100} *$400,000) - $388,000$

= $396,000 - $388,000

= $8,000

3 0

4 years ago

Your portfolio is comprised of 40 percent of stock X, 15 percent of stock Y, and 45 percent of stock Z. Stock X has a beta of 1.

expeople1 [14]

Answer:

Portfolio beta = 0.904

Explanation:

<em>The portfolio beta is the weighted average of all the beta associated with each of the different stock making up the portfolio. The betas are weighted using the probability associated with each of the stock. </em>

Portfolio beta = WaRa + Wb+Rb + Wn+Rn

W- weight of the beta, R- Stock beta -

W- Probability of the beta, R- stock beta

Note that the sum of the probability of different outcomes should equal to one. Hence, the probability of economy being normal is

Portfolio beta = (0.4 × 1.24) + (0.15 × 1.49) + ( 0.45 ×0.41) =0.904

Portfolio beta = 0.904

6 0

4 years ago

What it means monthly you don't have to pay per week?

Mrrafil [7]

Answer:

You have to pay once a month

Explanation:

It depends what they're asking. Either you might have to pay at the beginning of the month, or at the end of the month. If you don't pay in time, you have to pay an extra fee.

8 0

3 years ago

What are the other options to insurance

Levart [38]

Primary Care Memberships. Some medical practices and independent primary care physicians offer services for a flat monthly fee, rather like a gym membership. ...
Medical Cost Sharing Programs. ...
Health Savings Accounts. ...
Medical Services Discount Cards. ...
High-Deductible Policies.

7 0

3 years ago

Read 2 more answers