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3 years ago

What steps should you take when preparing to establish an investment program

1 answer:

8 0

you should outline your goals: how do i spend my money; how much do I need to satisfy my goals.. how will i get the cash.. how long will it take to save the money...how much risk am i willing to take when i invest...what conditions in the economy or in my life could change my investment goals... are my goals reasonable... am I willing to make sacrifices to save... what will happen if I do not meet my goals.. Just some questions to ask yourself.

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GREYUIT [131]

Answer:

Required a

April 5,

Merchandise $38,900 (debit)

Accounts Payable ; Culver Company $38,900 (credit)

April 6

Freight Cost $800 (debit)

Cash $800 (credit)

April 7

Equipment $39,900 (debit)

Accounts Payable $39,900 (credit)

April 8

Accounts Payable ; Culver Company $5,000 (debit)

Merchandise $5,000 (credit)

April 15

Accounts Payable ; Culver Company $33,900 (debit)

Discount Received $678 (credit)

Cash $33,222 (credit)

Required b.

Accounts Payable ; Culver Company $33,900 (debit)

Cash $33,900 (credit)

Explanation:

When Tamarisk, Inc. paid the balance due to Culver Company on April 15, the payment is made within the discount period. Thus Tamarisk, Inc is granted a discount of 2% and pays the Account at $33,222 (net of credit granted on merchandise previously returned) .

However, when Tamarisk, Inc. paid the balance due to Culver Company on May 4 instead, the payment is made outside the discount period. Thus Tamarisk, Inc is not granted a discount pays the Account in full at $33,900 (net of credit granted on merchandise previously returned) .

6 0

3 years ago

The type of control system that only be succsseful in attining systrms' objective if we know with certinty the events that take

cricket20 [7]

Answer: Management control system

Explanation:

Management control system could be defined as a system that collects and uses information to analyze the performance of different organizational resources like human, physical, financial considering them all together in the light of organizational strategies pursued. It looks at comparing performances with the standards, plans or objective of the organization to determine if they are line with standards.

6 0

3 years ago

Team building is considered part of which stage of team development

faltersainse [42]

Let's see there's forming, storming, norming and performing. I would use teambuilding during forming to limit the amount of storming in the next stage.

3 0

3 years ago

g If you require an annual rate of return of 12 percent, what should be the estimate of the amount of the annual dividend which

choli [55]

Answer:

Its very simple, the required return would be 12% of the amount invested today. And this can be explained by the use of DVM (Dividend valuation Model), which is as under:

For ordinary shares r = (Dividend after one year / Share price now)

Dividend after one year = Required return * Share Price Now

Assuming no growth in the dividends, we can say that the required return would be 12% of the amount invested now which is the share price of the ordinary shares.

6 0

3 years ago

Steven watched the island get bigger as they approached. Now he could see buildings and roads. He saw that they were approaching

SVETLANKA909090 [29]

The answer would be a

7 0

3 years ago

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