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seropon [69]
3 years ago
6

The major function of a financial plan is to a. Reduce taxes b. Increase savings c. Achieve financial goals d. Improve your cred

it rating e. Obtain adequate insurance protection
Business
1 answer:
mestny [16]3 years ago
4 0

Answer:

The answer is: letter c, Achieve financial goals

Explanation:

A "financial plan" is <em>meant to assist an individual in managing his/her financial needs.</em> It also tells him about his current financial situation and how he can achieve his financial goals.

This plan aids the person in achieving his goals with the help of some steps that he needs to follow. This allows him to know how much he can save and can spend, especially in the future.

Thus, this explains the answer.

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If an automobile manufacturer discovers a potentially hazardous defect in the product, the subsequent recall of the vehicles is
barxatty [35]
<span>The United States Consumer Product Safety Commission, also known as CPSC, would be responsible for enforcing the recall on a defective vehicle. This is an independent federal agency that is responsible for protecting the people from risks or injuries that are unnecessary and could be prevented when it comes to consumer goods. This group was established by Congress in 1972.</span>
3 0
3 years ago
Teknosa, a multinational technology company sells computers, peripherals, and software overseas. The corporation separates its c
Morgarella [4.7K]

Answer:

The correct answer is the second option: Product Structure.

Explanation:

To begin with, the name of "Product Structure" in the field of management refers to a type of structure used by the companies who need to organize the way they work according to that specific model. This method of inside organization consists in the separation of the areas of the company according to the type of product that each department sells. Therefore that the company Teknosa that sells three different products decides to organize its structure by those products in order to acquire unique characterization in each product that has its own departments.  

7 0
3 years ago
Select the correct answer. Which term describes the ability to use different types of reasoning for different situations and ana
Volgvan
A.
None of the other answers make sense.
Critical thinking involves deep thought into a problem while also factoring other events into play.
8 0
3 years ago
Read 2 more answers
Suppose the September Eurodollar futures contract has a price of 96.4. You plan to borrow $50m for 3 months in September at LIBO
bija089 [108]

Answer:

Explanation:

Definition of simple terminologies ;

  • A contractual agreement is an agreement which is made on future exchanges in order to buy or sell goods at a fixed price at a specified time period.
  • LIBOR stands for London interbank offered rate which is the rate at which  banks borrow money from other banks in london market. this rate is a fixed term by the british bankers association.

a) The implied LIBOR of the September Eurodollar futures of 96.4 is =  100 96.4 /400-=0.9%

(b) As we want to borrow money, it implies buying protection against high interest rates, which means low Eurodollar future prices. We will short the Eurodollar contract.

c) Number of contact to be entered into = One Eurodollar contract which is based on a $1 million 3-month deposit. As such, entering into hedge a loan of $50M, will automatically implies entering into 50 short contracts.

d) A true 3-month LIBOR of 1% means an annualized position (annualized by market conventions) of 1% x 4 = 4%. Therefore, our 50 short contracts will pay: [96.4 − (100 − 4) × 100 × $25] × 50 = $50,000.

The increased interest rate has  made the loan more expensive as such, the loss to exposure  will be compensated hence we have to pay the following amount ; ($50,000,000 x 0.01) - $50,000

= $450,000

6 0
2 years ago
2-3 personal experience of exploitation as a consumer
Scilla [17]

Answer:

<u>Explanation</u>:

Exploitation often involves a denial of an individual's right (in this case a consumer's right).

Consumers are often exploited in this three areas:

Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.

High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.

False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.

3 0
3 years ago
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