Answer: c. Crowdfunding
Explanation: Crowdfunding is funding by many individuals pooling their money together for a common goal, usually via the Internet. The required amount for the project is raised by pooling small sums of money from a large number of people. Each individual acts as an agent of the offering, by selecting and promoting the projects in which they believe in. A wide range of profit-based ventures such as creative projects, medical expenses, travel etc. have employed crowdfunding as a means of sourcing funds.
Answer:
a) $1,400
b) $1,800
c) $820
Explanation:
If the annual income is $60,000, the gross monthly income is I=60,000/12=5,000.
a) The maximum amount you should spend each month on a mortgage payment is:
b) The maximum amount you should spend each month for total credit obligations (including mortage) is:
c) If we need only 70% of the maximum allowed for the mortage, we have more income available for other debt payments.
The 70% represents:
We substract this from the total budget for debt payments and we have the budget for all other debts but mortage:
Answer:
A. Review the budget to identify other areas where costs can be cut.
Explanation:
In the case when the vendor increased the material cost that planned and the increased cost would also be placed in your project i.e. over budgeted so the first thing you should do is review the budget by identifying the areas where the cost cutting to be done
Therefore as per the given situation, the option A is correct
And, the rest of the options are incorrect
Answer: kindly check explanation
Explanation: Risk as related to a project may be reffered to as occurrences or factors which could affect a project, they may not always be negative as usually perceived, they may be positive. Hence, when a perceived negative risk is perceived, it is essential to escalate and ensure that the necessary stakeholders become aware so as to find ways of mitigating or avoiding such happening.
In the case of positive risk or opportunity, escalating is equally important as it ensures relevant executives are aware and hence work on ways or processes to foster, embrace and exploit the advantage.
Answer: a) total assets will increase by less than four percent
Explanation:
Since the tax rate and the dividend payout ratio are fixed, and you have net working capital and all costs varying directly with sales, the total assets will increase by a value that is less than the annual increase in sales.
