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mars1129 [50]
3 years ago
7

Which of the following statements is true about financial planning?

Business
2 answers:
Studentka2010 [4]3 years ago
8 0

Which of the following statements is true about financial planning?

B) You must always consider the tax consequences of selling your investments.

Answer B is the best choice for the question because you must always considered the tax consequences when selling investments. Investments are always taxed whether it be initially or at the time of sale and that needs to be kept in mind if selling under value especially. You are recommended to check your financial plans often to make sure they are aligning with your goals.

kenny6666 [7]3 years ago
3 0

Answer:

B)You must always consider the tax consequences of selling your investments.

Explanation:

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In the tiered architecture, the erp application is stored on the ________ tier
MissTica

The erp application is stored on the business logic tier in tiered architecture.

<h3>What is an erp application?</h3>

Also called a Enterprise resource planning software, involves the use of software, technologies and systems  to manage and integrate their core business processes.

As the tiered architecture is concerned, the erp application is stored on the business logic tier.

Read more about erp application

<em>brainly.com/question/14635097</em>

#SPJ12

6 0
2 years ago
Plainville Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?
devlian [24]

Answer:

Inventory cycle  = <u>Inventory </u>               x 365  days

                             Cost of goods sold      

Inventory cycle  = <u>$75,000</u>     x 365 days

                              $360,000  

                           = 76.04 days

Receivable days =  <u>Accounts receivable</u> x  365 days

                                       Sales        

                            = <u>$160,000</u>   x 365 days

                               $600,000  

                            =  97.33 days

Payable days      = <u>Accounts payable</u>  x 365 days

                              Cost of sales      

                            = <u>$25,000 </u>    x 365 days

                               $360,000  

                            = 25.35 days

Cash conversion cycle

= Inventory cycle + Receivable days - Payable days

= 76.04 days + 97.33 days - 25.35 days

=  148.0 days

Explanation:

Cash conversion cycle is calculated as raw inventory cycle plus receivable days minus payable days. Inventory cycle is the ratio of inventory to cost of goods sold multiplied by number of days in a year. Receivable days refer to the ratio of accounts receivable to sales multiplied by number of days in a year. Payable day is the ratio of accounts payable to cost of goods sold multiplied by number of days in a year.

6 0
3 years ago
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.a. Begi
Andrei [34K]

Answer:

$15000

Explanation:

$96,000 + $423,000 − $278,000 − $97,000

− $59,000 − $34,000 − $36,000 = $15000

6 0
3 years ago
Northwest Catering owns and operates several restaurant services in Oregon, Washington, and Idaho. One restaurant chain has expe
Tcecarenko [31]

Answer:

1.3 million  Impaired asset is the determined amount

Explanation:

Asset impaired as the estimated fair value cash flows is lower than book value

Impairment loss = Fair value - Book value  

= 3.0 million - 4.3 million

= 1.3 million Impaired asset

An impaired asset is an asset that has a market value less than the value which was disclosed on the organisation balance sheet. When an asset is said to be impaired, it will need to be written down on the company's balance sheet to its current market value.

7 0
3 years ago
What would be the impact on the supply curve of oil if a major oil producing country banned all exports to the United States of
jarptica [38.1K]

Answer:

The supply curve would shift to the right(upwards)

Explanation:

This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.

hope this helps!

3 0
3 years ago
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