1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aalyn [17]
3 years ago
6

Yohann lost his job due to the recession. He is still financially secure due to investments he made several years ago. What kind

of example is Yohann setting?
that he has more money than other people
in a recession, people will definitely lose their jobs
that he is very lucky
the importance of financial planning
the art of predicting the future
NextReset
Business
2 answers:
soldier1979 [14.2K]3 years ago
4 0

Answer:

the importance of financial planning

xenn [34]3 years ago
3 0
I believe that the kind of example that Yohann is setting is the importance of financial planning. So before Yohann lost his job, he was thinking ahead and set a lot of money aside throughout his working years for a rainy day. He couldn't predict that something bad like a recession was going to happen, but he was still prepared for it nevertheless. The other answers do not apply here.
You might be interested in
Source: Tommy Stubbington and Ben​ Edwards, open double quoteU.K. to Repay First World War ​Bonds,close double quote Wall Street
xxMikexx [17]

Answer:

Follows are the solution to this question:

Explanation:

Its console shall be coordinated effort mutual funds which do not grow at all, and in every year they create a corrected degree of interest, that's why Its bond paying a fixed rate of the coupon but not maturing.

\text{Consolation price} =\frac{\text{Set amount of coupon}}{\text{Return Rate}}

                            = \frac{35}{2.5\%} \\\\ = \frac{35\times 100}{2.5} \\\\   = \frac{35\times 1000}{25} \\\\  = \frac{7\times 1000}{5} \\\\  = 7\times 200 \\\\= 1400

It's the price that the government needs to offer shareholders.

5 0
3 years ago
The two main motives for travel are _______________. business and pleasure fun and games health and wellness relatives and polit
White raven [17]
Most likely business and pleasure.
5 0
3 years ago
A resident of Minnesota is in the 28% federal tax bracket and the 4% state tax bracket. This person must pay both federal and st
vredina [299]

Answer: A) Federal National Mortgage Association pass-throughs.

Explanation:

From the question, we are informed that a resident of Minnesota is in the 28% federal tax bracket and the 4% state tax bracket. This person must pay both federal and state taxes on Federal National Mortgage Association pass-throughs.

It should be noted that the securities of most government agencies in the United States are typically exempted from paying the local and state taxes but they have to pay federal taxes.

4 0
3 years ago
Stretch goals" can be described as
inn [45]
You can describe stretch goals as goals placed above the ones you need or strive to achieve, as a secondary objective. Think of achieving a stretch goal as doing even better than expected.
4 0
3 years ago
An accounting entry that is characterized by having multiple debits​ and/or multiple credits is called a​ ________ entry. A. com
mario62 [17]

Answer:

A. compound journal entry

Explanation:

Compound journal entry -

It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .

It is the combination of various simple journal entries together to form a compound journal entry .

Hence , from the given information of the question,

The correct option is A. compound journal entry .

8 0
3 years ago
Other questions:
  • On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $65,800. The band estimates
    10·1 answer
  • A company’s dividend policy refers to the manner in which a firm distributes its earnings to shareholders. Georia Industries Inc
    9·1 answer
  • PLEASE HELP!!!!! Nicholas starts a taxi cab business. He buys a garage, hires three drivers, buys two taxi-cabs, he sends his ca
    12·1 answer
  • At December 31, 2020, Ivanhoe Corporation had a deferred tax liability of $26,800. At December 31, 2021, the deferred tax liabil
    14·1 answer
  • Which of the following is the best example of correlation not being the same as causation? A. A company redesigns a production p
    13·1 answer
  • Francis Companyhas 24,000 shares of common stock outstanding at the beginning of 2019. Francis issued 3,000 additional shares on
    14·1 answer
  • Paradise Realty Co. pays weekly salaries of $45,500 on Friday for a five-day workweek ending on that day. a. Journalize the nece
    5·1 answer
  • Brian is thinking of taking a job as a waiter. What is an associated monetary cost that he should consider?
    12·1 answer
  • rhodes borrowed $5,000 by signing a 5-year note with an interest rate of 8%. on the date the note is signed, rhodes should
    7·1 answer
  • What are the determinants of demand? what happens to the demand curve when any of these determinants change? distinguish between
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!