The relationship between wealth accumulation and risk tolerance is referred to as empirical results.
The methodical and disciplined process of acquiring assets in order to accomplish specific important objectives is known as wealth accumulation. Without a defined objective, wealth growth is similar to wealth hoarding in that it increases tension and anxiety.
The degree of risk an investor is willing to take is known as risk tolerance. Investors are typically questioned in order to determine their risk tolerance. Assessing their time horizon, assets, and need for income could be part of this.
Risk tolerance typically rises as money increases but declines as people get older. Personal experience and local trust both have a big impact. For high-income households, this influence on risk tolerance is especially pronounced. Risk tolerance is not much impacted by current social security.
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Answer:
If Scotland becomes an independent country, the arrangements of nationalities in the British Isles will change like that:
- The Scotland will face the same situation as those in Northern Ireland where they feel close to UK and Republic of Ireland.
Explanation:
- If Scotland becomes an independent country, then it is supposed that the wales will follow them.
- If Scotland becomes an independent country, then there is chance of increase in members of EU and will have its impact upon Eurozone.
- If Scotland becomes an independent country then it will create a huge impact on the national debt of the United Kingdom.
- If Scotland becomes an independent country, then there is chance you may have to get a visa to go to Scotland and you may have to dial international dialing tone to ring Scotland.
- If Scotland becomes independent country, then it can end the Great Britain.
Answer:
a. Firm M probably has a higher dividend payout ratio than Firm N.
Explanation:
The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.
Answer:
$2,460,000
Explanation:
For computing the cost of the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = The fair market value of assets + excess value of land - the fair market value of liabilities
= $6,940,000 + $414,000 - $2,740,000
= $4,614,000
And, the purchase value of Sun land is $7,074,000
So, the goodwill would be
= $7,074,000 - $4,614,000
= $2,460,000
