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dimaraw [331]
4 years ago
6

Name at least two things financial planning could help you do.

Business
1 answer:
BartSMP [9]4 years ago
7 0
<span>If I were to plan out a way to pay off debt, this would help immensely since I am in so much debt, it's crazy. I have been trying to do side hustles to pay off this debt, but I am not getting enough money fast enough to do this in a timely manner. But after I pay off debt, or even during this phase, I could be investing money into safe stock, or a 401k for retirement, which would help me when I can no longer work, or earn money.</span>
You might be interested in
Capital rationing uses the following measures to determine the funding of projects except a.verifying the best financing option
lozanna [386]

Answer:

A.

Explanation:

Capital Rationing can be defined as restrictions imposed by a company on the new investments and projects. The purpose of imposing capital rationing is to fortify the flow of cash of a company. It is done so that the compnay may not run out of the cash. Capital Rationing is imposed by making the cost of capital higher on new investments.

The function that is NOT performed by Capital rationing is verifying the best financing option available.

So, the correct answer is option A.

3 0
4 years ago
Donna recently purchased 500 shares of Deltona stock for $33.00 a share. Her broker required a cash payment of $10,725, plus tra
frozen [14]

Answer:

65 percent

Explanation:

Given that,

Value of investment:

= Shares purchased × Price per share

= 500 × $33

= $16,500

Initial margin = Cash ÷ Investment

                     = $10,725 ÷ $16,500

                     = 0.65 or 65%

Therefore, the initial margin requirement on this particular stock is 65 percent.

8 0
4 years ago
If a man originally paid ​$4000 in property​ taxes, what will his new tax payment be if he saves 8​% this​ year?
choli [55]

Answer : The new tax payment when he saves 8 % tax this year is, $3680

Explanation :

As we are given that,

Original property​ tax paid by a man = $4000

Percent rate of saving tax = 8 %

First we have to calculate the amount of tax he saved.

Amount of tax he saved = \$ 4000\times 8\%

Amount of tax he saved = \$ 4000\times \frac{8}{100}

Amount of tax he saved = $320

Now we have to calculate his new tax payment when he saves 8 % tax this year.

New tax payment = Original property​ tax - Amount of tax he saved

New tax payment = $4000 - $320

New tax payment = $3680

Thus, the new tax payment when he saves 8 % tax this year is, $3680

3 0
3 years ago
What part of the business plan deals with details about promotion, pricing, and distribution, as well as on how the business wil
Genrish500 [490]

The business plan's strategy deals with information like promotion, price, and distribution, as well as how the company will contact customers in its target market.

<h3>How do a business reach their target market?</h3>

A marketing strategy is a company's "overall game plan" for reaching out to "prospective customers" or consumers and converting them into customers of their products or services.

A marketing plan includes the "value proposition" of the organization, key brand message, statistics on target customer "demographics, and other high-level elements."

Therefore, strategy is the correct answer.

Check out the link below to learn more about market strategy;

brainly.com/question/15776003

#SPJ4

8 0
2 years ago
The information below relates to the Cash account in the ledger of Novak Company.
VLD [36.1K]

Answer:

A) account reconciliation

Bank account reconciliation:

Bank account balance $16,682

+ deposits in transit $4,580

- outstanding checks $2,513

reconciled bank account $18,749

Cash account reconciliation:

Cash account balance $17,664

+ Note collected $1,660

+ Interest revenue $52

- NSF check (R. Nance) $555

- Bank fees (safety deposit box rent) $72

reconciled cash account $18,749

B) Adjusting entries

September 30, NSF check

Dr Accounts receivable 555

    Cr Cash 555

September 30, collection of notes receivable

Dr Cash 1,660

    Cr Notes receivable 1,623

    Cr Interest revenue 37

4 0
3 years ago
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