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3 years ago

If you needed financial advice, whom would you ask? Why?

Business

1 answer:

kap26 [50]3 years ago

6 0

Answer: financial advisors

Explanation: A financial advisor can help you create a long-term investing strategy, weigh the pros and cons of different account types, pick mutual funds, rebalance your investing portfolio, and set savings benchmarks to help you reach your long-term goals.

Hope this helped

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Ellen has entered all of her monthly expenses. She needs to create a formula that will deduct her monthly expenses from her mont

Naily [24]

Answer:

absolute reference

Explanation:

Based on the information provided within the question it can be said that in this scenario she uses an absolute reference to identify the cell containing the income value. This refers to an actual fixed location within an excel sheet, and it is usually locked so that the rows and columns associated with it won't change when it is copied.

4 0

3 years ago

The Mateo Corporationâs inventory at December 31, 2018, was $325,000 based on a physical count priced at cost, and before any ne

Oliga [24]

Answer:

The correct answer to the following question is $405,000 .

Explanation:

Given information -

Mateo corporations inventory on 31, December 2018 - $325,000

Merchandise costing , shipped from a vendor on December 30, but was received on January 5, 2019 - $30,000

Merchandise costing, destination from a vendor on December 28, 2018, but was received on January 3, 2019 - $22,000 .

Merchandise costing, shipped to a customer on December 28, arrived at customers location on January 6, 2019 - $38,000

Merchandise costing, held on consignment by Traynor company - $12,000

Mateo corporations inventory as on 31 December 2018 -

$325,000 + $30,000 + $38,000 + $12,000

= $405,000

4 0

2 years ago

In a new margin account, a customer sells short $60,000 worth of ABC stock and deposits $30,000 to meet the Regulation T require

Sidana [21]

The SMA balance in the account would be 7500.

<h3>What is Special Memorandum Account (SMA)?</h3>

The excess margin from a client's margin account is put into a special memorandum account (SMA), which is a dedicated investment account, improving the client's purchasing power. The SMA, which is often referred to as a "special miscellaneous account," functions effectively as a line of credit.

It's important to distinguish between separately managed accounts, often known as SMAs, and special memorandum accounts.

A short account's market value decreases by $1 for every $1 of SMA to be created. The SMA balance would be $7,500 if the market value decreases by $5,000.

To learn more about SMA visit:

brainly.com/question/17189709

#SPJ4

5 0

1 year ago

Which of the following does a firm possess when it can outperform other firms in the same industry or the industry average over

never [62]

Answer: competitive advantage (sustainable)

Explanation: when a company has sustainable competitive advantage, it means it has characteristics, attributes, features, assets etc that has set it apart from its peers, often quite difficult to reproduce setting them in a position for long term market superiority.

8 0

3 years ago

PLEASE , chart this out !

LiRa [457]

Answer:

Purchases

Date Qty Unit Cost Total Cost

11 12 $18 $216

21 9 $15 $135

Cost of Sales

Date Qty Unit Cost Total Cost

21 $16 $336

5 $18 $90

7 $18 $126

4 $15 $60

Total $612

Inventory

Qty Unit Cost Total Cost

5 $15 $75

Total $75

Explanation:

FIFO method assumes that the units to arrive first, will be sold first. Also note that the perpetual Inventory method is used. This means the cost of sales and inventory value is calculated after every transaction.

So with FIFO , Cost of Sales will be calculated on <em>earlier</em> prices (old prices) whilst Inventory will be valued at <em>recent</em> (later prices) prices.

6 0

3 years ago