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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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California last summer was devastated by wildfires that have now created mudslides with the winter rain. This winter highway 1 w
arsen [322]

Answer:

This will create shortage and people will sell milk in black market at higher price.

Explanation:

Wildfires and mudslides have closed the highways. This created greater demand and short supply.  

The equilibrium price increased to $7.  

But the government imposed a price ceiling of $4.  

At this binding price ceiling, the quantity demanded is more than quantity supplied.  

This high demand would cause the suppliers to sell milk in the black market at a higher price.

6 0
3 years ago
f an agent indulges in commingling, she _____. Select one: a. most likely will not be liable for loss to the principal b. violat
tatyana61 [14]

<u>Answer:</u>Option D

<u>Explanation:</u>

Commingling means the money of various investors are pooled together to trade with securities. This is usually done by the agents who acts as the investment managers they collect money from various investors and put it together as single fund. The advantages of this method are the fees is lower.

Some people indulge in illegal activities of combining investors money with their personal money. This helps the agents to invest large funds by pooling in funds. Any risk on the principal amount has to be borne by the agent.

4 0
3 years ago
Which of the follow will happen if you miss a monthly credit card payment?
lorasvet [3.4K]
After missing<span> a </span>payment<span>, </span>you<span>'ll likely see two charges: A late fee, usually between $25 and $35, and interest on the balance. </span>If<span> the </span>missed payment<span> was an accident,</span>you<span> may want to call your issuer and explain that the </span>missed payment<span> was an accident, it won't </span>happen<span> again and </span>you<span>'ve already made a </span>payment<span>.
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7 0
3 years ago
Lucas is part of a small group at work in which all members are seen as partners. Every group member shares responsibility for t
Ronch [10]

Answer:

The correct option is: C. laissez-faire leadership

Explanation:

Leadership style is defined as the method by which a leader provides directions, instructions, implement plans, and motivate the followers or members.

The laissez-faire leadership style is one of the six styles of leadership. In this leadership, all the responsibilities, power and rights to make decisions regarding the competition of work belongs to all the members of the group.

<u>Therefore, Lucas’s group is experiencing</u><u> laissez-faire leadership.</u>

5 0
3 years ago
The following items appear on the balance sheet of a company with a two-month operating cycle. Identify the proper classificatio
julsineya [31]

Answer:

Notes payable(due in 13 to 24 months)-L

Notes payable (due in 6 to 12 months)-C

Notes payable (mature in five years)-L

Current portion of long-term debt-C

Notes payable(due in 120 days) -C

FUTA taxes payable -C

Accounts receivable-N

Sales taxes payable-C

Salaries payable-C

Wages payable-C

Explanation:

A liability is a current one if it is due between today and the next one year(12 months),however any liability whose payment date is beyond one year is classified as long-term liability.

7 0
3 years ago
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