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Shalnov [3]
3 years ago
13

Carl started earning a paycheck and wants to invest some of what he earned. In this situation, why is it important for Carl to b

e financially literate?
Business
2 answers:
seropon [69]3 years ago
6 0

Answer:

idk

Explanation:

Alex_Xolod [135]3 years ago
4 0
The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow. 
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Explain how to invest in securities markets and set investment objectives such as long-term growth, income, cash, and protection
shtirl [24]

Answer with Explanation:

The investment in securities must include purchases of stock of more than 15 industry firms because diversified investment gives an average rate of return on investments. Hence it would be better to lower the risk of investment by simply investing in more than 15 firms and each of them must be from different industry sector. Nowadays due to coronavirus, it would be better to investing in fintech, IT and Hi-Tech industries will pay much more than low tech industries. Tesla is one of these tech companies whose share price have surged by 390% in past 12 months. It doesn't mean that other industry products don't pay enough. Setting objective includes how much yearly investment must be added to you security portfolio so that the net worth of the portfolio keeps growing. The reinvestment of dividends received, insurance of downside risk, investment on the basis of value at risk, etc. are all the set objectives that are considered while investing and managing security portfolio. If you are not confident with setting objectives then investing via investment institutions would be a another best option which had employed hundreds of CFA's who are working to increase the wealth of their potential clients and it is more likely that you take home a better return on investment as compared to a person who has little knowledge of security investments.

8 0
3 years ago
Which of the following statements is true?
VladimirAG [237]

Answer:

Many countries do not have access to modern agricultural processes.

Explanation

"In desert regions, wells and irrigation are needed to supply water before crops can be grown at all. Insects, plant diseases, and rats are estimated to ruin one-third of the harvest in some areas, and where lands have been farmed for centuries the soil nutrients are gone. Proper fertilization and hybrid plants could easily multiply crop yields."

This Quote shows that third-world countries crops are going to die because they don't have any modern ways to get rid of insects, plant diseases, and rats.

7 0
3 years ago
One of the first things you learned as a new employee of the medical center was the critical importance of the revenue cycle and
Sladkaya [172]

Revenue Cycle Management can be defined as the process utilized by healthcare providers to track patients' payments from the pre-registration stage to the point when they make their final payments.

<h3 /><h3>Importance of the Revenue Cycle Management </h3>

Revenue Cycle Management is important because it can help the healthcare providers to realize abnormalities in their payment processes and rectify them.

This procedure will also help the providers to know how much claims should be returned and at what time.

Learn more about Revenue Cycle Management here:

brainly.com/question/5870191

5 0
2 years ago
mr. morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. he has a mortgage of $910 a month and pay
9966 [12]

The mortgage is a liability.

A mortgage is an agreement between you and a lender that gives the lender the proper to take your house if you fail to pay off the money you've borrowed plus interest. loan loans are used to buy a home or to borrow money in opposition to the price of a domestic you already personal. Seven things to search for in a mortgage.

An instance of a mortgage is the loan you took out when you bought your property. To mortgage is whilst you take a loan and use your home as collateral. An example of a mortgage is when you visit a financial institution and borrow money in opposition to your home.

The mortgage existence cycle starts whilst a man or woman makes a decision to purchase a residence and techniques a financial group for the loan. It continues until the borrower repays the final charge to the loan issuer.

Learn more about mortgage here brainly.com/question/1318711

#SPJ4

7 0
1 year ago
Calculate the Accounts Payable balance. ​(Enter the​ balance, along with a​ "Bal." reference on the correct side of the​ T-accou
MA_775_DIABLO [31]

Answer:

$13,000

Explanation:

Calculation for Accounts Payable balance

Accounts Payable

DEBIT SIDE

Date Amount

May 02 6,000

May 22 11,500

TOTAL $17,500

ACCOUNT PAYABLE BALANCE $13,000

($30,500-$17,500)

TOTAL $30,500

($17,500+$13,000)

CREDIT SIDE

Date Amount

May 1 21,000

May 5 500

May 15 8,500

May 23 500

TOTAL $30,500

Therefore the Accounts Payable balance will be $13,000

8 0
3 years ago
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