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VashaNatasha [74]
3 years ago
9

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

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
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.

You might be interested in
Which franchise model legally obligates a franchisee to replicate all aspects of the franchisor’s business?
pychu [463]

Answer:

Business format.

Explanation:

In business format franchise model, the franchisee is legally allowed to replicate all aspects of the franchisor's business. The legal agreement between the franchisor and franchisee is for a period of time.

In this type of arrangement, the right to sell the products for a fee, to trademark and also use the trade name is given to the franchisee by the the franchisor in return for a fee or comision. It is the most commonest type of franchise usually preferred by the franchisee.

6 0
3 years ago
Compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of
Mashcka [7]

Answer:

a. True

Explanation:

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

The law is a tool used by individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions.

The law creates the foundation for ethical behavior.

In circumstances where there are aberration, the law is enforced as a punishment and penalty.

Hence, compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of education to our democratic society.

6 0
3 years ago
Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
Maslowich

Answer: Option (b) is correct.

Explanation:

Given that,

Direct materials = $24

Direct labor = $10

Variable overhead = $8

Fixed factory (allocated) = $18

Overtime premium = $8 per unit

Purchased = 2,000 units at a special price of $48 per unit

Contribution Margin (2000 - 1000 units) = special price per unit - Direct materials - Direct labor - Variable overhead

= 48 - 24 - 10 - 8

= $6 per unit

Contribution margin for units produced during overtime = special price per unit - Direct materials - Direct labor - Variable overhead - Overtime premium

= 48 - 24 - 10 - 8 - 7

= $(-1) per unit

Total contribution = 1000 × 6 + 1000 × -1

= $6000 - $1000

= $4000 Profit

Therefore, additional profit will be generated by accepting the special order is $4000.

4 0
3 years ago
T&P Corporation is a transnational company with four distinct businesses, including a national music and video store chain,
Aleksandr [31]

Answer: Related diversification

Explanation:

The corporate-level strategy that T&P appear to follow is related diversification. Related Diversification is a situation that comes into place when there is an expansion or an addition of a company's existing production line.

In this scenario, we are informed that T&P is in the process of acquiring another company, its major music store rival ReBop Records. This will lead to an expansion of the production line of T&P.

Therefore, the corporate-level strategy that T&P appear to follow is Related diversification.

6 0
3 years ago
For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming i
Mazyrski [523]

Answer:

  see below

Explanation:

The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.

The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.

The "real interest rate" is the percentage change from the original number of tickets that could be purchased.

6 0
3 years ago
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