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3 years ago

7

Which of the following statements is true about financial planning?

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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Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo

Olin [163]

Answer:

(a) $190,000

(b) $2,185,000

(c) $3,125,900

(d) $841,090

(e) $561,260

(f) $1,200,000

Explanation:

Rainier and Yakima Company several balances are omitted. These are calculated with reverse calculation. The material inventory at beginning of may is added with the purchases made and then ending inventory is subtracted to identify cost of goods manufactured.

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3 years ago

In a competitive market with identical firms, A. firms cannot earn positive economic profit in either the short run or long run.

Ksenya-84 [330]

Answer:

The answer is C.

Explanation:

In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.

In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.

4 0

3 years ago

The loanable funds thoery of interest shows that interest rates on loans are determineds by?

lyudmila [28]

The loanable fund's theory of interest shows that interest rates on loans are determined by supply and demand for funds available for lending because higher rates will be due to higher demand for lending while higher supply can reduce lending.

Loanable funds encompass family savings and/or bank loans. because funding in new capital items is regularly made with a loanable price range, the demand and supply of capital are often mentioned in phrases of the demand and delivery of loanable funds.

The delivery of loanable finances is based on financial savings. The demand for loanable budgets is primarily based on borrowing. The interaction between the supply of financial savings and the call for loans determines the actual hobby price and how much is loaned out.

The loanable budget market illustrates the interaction of borrowers and savers in the economic system. it is a version of a marketplace model, however, what is being “bought” and “offered” is cash that has been saved. debtors call for a loanable price range and savers supply loanable finances.

Learn more about Loanable funds here:

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2 years ago

Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000

valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details Amount ($)</u>

Net Income 310,000

Depreciation expense 45,000

Increase in accounts receivable (55,000)

Decrease in inventory 12,000

Increase in accounts payable 6,000

Increase in prepaid expenses (4,000)

Decrease in income taxes payable 3,500

Gain on disposal of land <u> 7,500 </u>

Net cash provided (used) by operating activities <u> 325,000 </u>

5 0

3 years ago

Which label appears on the button when you write the code snippet >undo

AfilCa [17]

Explanation:

Input is an interactive control in HTML. When you want to create check box, text box, password box, radio button, button, etc can be created by using <input> tag in HTML.

Attributes:

type: type of control

Name: the name of the control which would be used in the code

Value: it defines the caption / label of the button.

According to the given code snippet, a "button" would be created with the label "cancel".

3 0

3 years ago

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