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nata0808 [166]
3 years ago
14

White Forest Financials is a small investment firm, operating in an extremely volatile environment. One of the company's two own

ers, David White, is of the opinion that it would be futile for the company to engage in formal planning as the business environment is constantly shifting. However, the co-owner, Marsha Forest, believes that planning is essential for the company's success. Whom would you support?
Business
1 answer:
allochka39001 [22]3 years ago
7 0

Answer:

Marsha forests

Explanation:                                    

Planning refers to the method of focusing on the actions necessary to accomplish a specific goal. Achieving optimal outcomes was the first and paramount task. It requires designing and managing a strategy, including psychological factors that include analytical competencies.

Planning is essential for every business as it facilitates coordination, improves employees morals and helps the manage mt to operate as per the stated guidelines. Thus, every business whether small or large or whether working in stable or validate environment should do planning.

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Describe what an insurance company does and sells without using the word insurance
Crank
If something goes wrong, the company will make sure you're not completely screwed.
8 0
3 years ago
Money provided by a third party to help students meet the costs of attending college. It can be provided by various agencies inc
artcher [175]

Answer:

Financial aid.

Explanation:

For American citizens, the dream is of going into higher education. but the tuition cost is very expensive as not everyone can offered such expensive fees for enrolling into a course. The different course has different fees. For supporting the people in their financials, many organizations like public, state, financial institutions help them.

So here in the given scenario, the financial aid is the best option fitted.

7 0
3 years ago
"A 45-year old man earns $150,000 per year and is covered by his employer's 401(k) Plan. He quits" his job and moves to a new co
DaniilM [7]

Answer:

Not to leave previous job.

Explanation:

  • First of all, the question is that what he will lose after leaving the job?
  • His earning per year is equal at both sides, still what's the opportunity cost for him?

<em>The answer is simple,</em> he may earn equal but if looked at it in a bigger picture he is losing 401k retirement plan and It is his opportunity cost. He may regret this after leaving the job.

7 0
4 years ago
The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The exp
Svet_ta [14]

Answer:

b. $4,908,000

Explanation:

According to the FASB GAAP, the straight line method is used in this given question which is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($40,900,000 - $4,090,000) ÷ (15 years)

= ($36,810,000) ÷ (15 years)  

= $2,454,000

In this method, the depreciation is same for all the remaining useful life

For two years, the accumulated depreciation would be

= Annual year depreciation × number of years

= $2,454,000 × 2 years

= $4,908,000

7 0
3 years ago
Which of the following are examples of automatic stabilizers? Check all that apply. As corporate profits rise during an economic
hoa [83]

Answer:

As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates

Explanation:

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments

In an expansion, progressive tax increases the tax paid and this reduces disposable income

In a contraction, tax paid is reduced and this increases disposable income

6 0
3 years ago
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