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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.
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Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? joint life adjustable
slavikrds [6]
I believe the answer is: Variable Universal Life
Variable Universal Life is considered as a long-term policy because the clause could only be activated if the policy holder is deceased.
This type of insurance usually would separate the death policies account with the investment account in order to offer more flexibility for the holder.
6 0
3 years ago
makes and sells tasty burritos for $8 per unit with a unit variable cost of $6. All sales are for cash and the variable costs ar
serg [7]

Answer:

$36,160

Explanation:

expected cash flow for March

Beginning cash balance    $34,000

Sales                                   $177,280

Variable costs                   -$132,960

S&A costs                           -$48,000      

without depreciation                        

ending cash balance          $30,320

desired ending cash         -$66,480

cash deficit to be                $36,160

covered by bank loan

6 0
3 years ago
Snap Dragon Photo reported the following figures on its December 31, 2016, income statement and balance sheet:Net Sales $440,000
siniylev [52]

Answer:

Assets turnover ratio= 1.64 times

Explanation:

The asset turnover is the he amount of sales generated by one dollar invested in asset. it measures how efficient the business is in generating sales using assets

Assets turnover ratio = net sales / Average assets

<em>Asset at the beginning of year 2016</em>

=26,000  + 56,000 +    79,000 +     8,000  + 180,000 = 349 ,000

<em>Asset at the end of year 2016</em>

$28,000  + 58,000 +    76,000  +  14,000 +  11,000= 187 ,000

Average assets = Opening value of asset+ closing value of assets/2

= 349 ,000 + 187 ,000= 268 ,000

Assets turnover ratio = net sales / Average assets

=440000/268,000= 1.64 times

Assets turnover ratio= 1.64 times

Total assets =

3 0
3 years ago
The true rate of interest that you pay on a loan is called the
Kaylis [27]
The true rate of interest that you pay on a loan is called the APR interest rates
 
3 0
2 years ago
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra
Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services,  usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0
3 years ago
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