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ehidna [41]
3 years ago
10

Place the following steps for a personal financial plan in the proper order: 1. Review and revise the financial plan 2. Identify

alternative courses of action 3. Create and implement your financial action plan 4. Determine your current financial situation 5. Evaluate alternatives 6. Develop your financial goals
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

Place the following steps for a personal financial plan in the proper order:

4. Determine your current financial situation

6. Develop your financial goals

2. Identify alternative courses of action

5. Evaluate your alternatives

3. Create and implement your financial action plan

1. Review and revise your plan

Explanation:

4. Determine your current financial situation

Financial health is a term used to describe the state of one's personal financial situation.

6. Develop your financial goals

Financial goals are the personal, big-picture objectives you set for how you'll save and spend money.

2. Identify alternative courses of action

a choice limited to one of two or more possibilities, as of things, propositions, or courses of action, the selection of which precludes any other possibility

5. Evaluate your alternatives

Evaluate alternatives by examining the benefits and drawbacks of each alternative.

3. Create and implement your financial action plan

A financial plan is a comprehensive document that includes details about your cash flow, savings, debts, investments, insurance and other elements of your financial life

1. Review and revise your plan

It goes without saying that your financial plans should not be static objects, and that you should review your plans over time, and on a regular basis to ensure that you remain on track towards your goals

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True or False<br><br> To raise money, a partnership can sell stock.
nataly862011 [7]

Answer:

The answer is false. Partnerships can not sell stocks. They even can not issue shares to finance Thier requirements.

Only the public listed corporations can trade stocks and sell them to the open public in a registered stock exchange.

Explanation:

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3 years ago
What is known as the act of giving "mental connection to a given task" or unit of information
disa [49]

Answer:

The correct answer is letter "B": attention.

Explanation:

Attention is the mental activity by which individuals focus their attention on a given subject they are dealing with. By doing this, people leave behind any other situation around to concentrate only on the task they are given. This scenario takes place in complicated exercises that push people's knowledge to the limit or when the exercise is of interest or important for the individual.

7 0
3 years ago
During the current year, Rulon’s toilet overflowed due to a pipe breaking during a nationally declared earthquake disaster. Rulo
sashaice [31]

Answer:

Since half of his loss would be covered by insurance and he is not filing an insurance claim, he cannot take half of the loss.

For the half he can take, 4500, he must reduce it by 100 and then by 10% of his AGI. 4,500 - 100 - 5,000 = less than zero.

So he cannot deduct any of the loss.

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3 years ago
Which of the following are criteria for determining whether to record an asset as a fixed asset?
DochEvi [55]

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6 0
3 years ago
Fincher, inc., has a total debt ratio of .82. What is its debt–equity ratio? (do not round intermediate calculations and round y
mario62 [17]

(a) Debt ratio = 0.82

Debt/ Assets = 0.82

Debt/(Debt + Equity) = 0.82

Debt = 0.82Debt + 0.82 Equity

0.18Debt = 0.82 Equity

Equity = 0.18Debt/0.82

Debt/Equity = Debt/(0.18Debt/0.82) = 4.5556

Debt/Equity = 0.82/0.18 =4.5556

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(b) Equity Multiple = 1 + Debt-equity ratio

Equity multiplier = 1+4.56 = 5.56

Equity multiplier = 5.56 times

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3 years ago
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