Answer:
The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.
Explanation:
Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.
In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.
Answer:
The correct answer is letter "B": expresses items as a percentage of net sales.
Explanation:
A Common Size Income Statement reflects a percentage of net sales for each account. Common size income statements are basic tools that a business owner may use to compare the performance of his company to rivals or to compare the company to industry averages. Each line in this type of income statement is displayed as a percentage of revenue or sales and the amounts are compared to past performances which allow to observe the different values easily.
The amount to be paid on maturity is $100,440
Given that;
Purchase value of 8% corporate bond at 93 = $1,000
Find:
The amount to be paid on maturity
Computation:
Interest amount = Face value of bond × Price × Interest
Interest amount = $1,000 × 93 × 8%
Interest amount = $7,440
The amount to be paid on maturity = $7,440 + $93,000
The amount to be paid on maturity = $100,440
In finance, maturity or maturity date is the final payment due date of a loan or other financial instrument such as a bond or term deposit upon which principal (and remaining interest) is paid.
Maturity is the date on which the life of a trade or financial instrument ends, after which it must be renewed or cease to exist. The life of a bond is the period during which its holder receives interest payments on their investment. When the bond matures, the holder will be refunded the face value. The maturity may change if the bond has a put or call option.
Learn more about Maturity here: brainly.com/question/9099365
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Answer:
The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket
Explanation:
Given that the number of mangoes in one basket = 120 mangoes
Also, the number of mangoes in another basket = 168 mangoes
The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;
We note that the ratio of the number of mangoes in both baskets are;
120:168 = 5:7
Therefore, we have;
5 × Y = 120
Y = 20/5 = 24
Similarly, we have;
7 × X = 168
X = 168/7 = 24
We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time
We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets
We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.
Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.
Answer:
decreases the money supply by decreasing excess reserves and decreasing the monetary multiplier
Explanation:
If there is increased in the reserve requirement so there is also increase the credit cost but it would lead to a decrease in money supply through the decrease in excess reserves that result into reduction in money multiplier also there is the reduction of loan activity
Therefore the third option is correct
