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My name is Ann [436]
3 years ago
10

Suppose you have just​ retired, have accumulated many luxury goods over the​ years, still owe a mortgage on your​ home, still ha

ve unpaid travel expenses on your credit​ cards, and have helped your adult children financially. Your spouse has recently passed​ away, and you miss​ his/her contribution to the household income. Which step in the personal financial planning process have you​ neglected?
Business
1 answer:
Pavlova-9 [17]3 years ago
3 0

Answer:

review your progress, reevaluate, and revise your plan

Explanation:

Based on the information provided within the question it can be said that in this scenario the step that you have completely neglected is to review your progress, reevaluate, and revise your plan. That is because in this scenario many events have occurred, and it seems that your financial plan after retirement has not been adjusted with each and every one of these life events. Therefore it is outdated and most likely not providing the benefits it once did.

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Annual Income Statement Data Selected Year-End Balance Sheet Data Sales $ 50,000 Prepaid expenses increase $ 3,000 Expenses: Inv
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Answer:

see calculation and working below

Explanation:

operating activities section

Net income                                                               $ 8,500

Adjust for changes in non- cash items :

Amortization expense                                                $1,500

Adjust for changes in working capital :

Prepaid expenses increase                                   ($ 3,000)

Inventory increase                                                     ($500)

Accounts payable decrease                                   ($1,000)

Net Cash Provided by Operating Activities            $5,500

6 0
3 years ago
Potomac Industries is a manufacturer of high-definition televisions. The industry has gone through a period of rapid growth and
scZoUnD [109]

Answer:

Option B. Implement process innovations that lower per unit costs

Explanation:

The reason is that the controlling cost will give cost advantage over the competitors and will let the company to compete at a better platform making greater number of sales and driving maximum sales which will also give economies of scale. Economies of scale is the benefits of additional costs savings that comes with the additional manufacturing of the product which means that greater the manufacturing the greater would be the savings of costs. So economies of scales give competitive advantage over the rivals so the correct option is B.

8 0
4 years ago
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Hence from the above we can conclude that this is an expenditure.

7 0
3 years ago
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Answer:

it keeps its research team in close proximity

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Inshoring refers to the process of moving a business operation from overseas to the country of origin where the headquarters is located. Therefore based on the information provided within the question it can be said that in this scenario Fresnas Corp. keeps its research team in close proximity. Since they are moving every business operation closer to the headquarters thus keeping them close by.

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