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DochEvi [55]
4 years ago
8

What are the five steps of personal finance?

Business
1 answer:
d1i1m1o1n [39]4 years ago
3 0

Answer:

Step 1)Know the Flow. The very first thing you'll need to do is determine your monthly cash flow. ...

Step 2) Set a Goal. OK, so you know your cash flow and how much you can set aside to invest. ...

Step 3) Make Sure Your Time Frame Is Realistic. ...

Step 4) Establish Your Asset Allocation. ...

Step 5) Keep Checking.

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Stock J has a beta of 1.23 and an expected return of 13.25 percent, while Stock K has a beta of .84 and an expected return of 10
padilas [110]

Answer:

  • a. What is the portfolio weight of each stock?

Stock J    0,5047  

Stock K   0,4953

  • b. What is the expected return of your portfolio?

Stock J   6,69%

Stock K   5,25%

Portfolio : 11,94%

Explanation:

To find the Beta that equals to market we need to know how much is x (weight of each stock in the portfolio) with an equation of one variable that equals to 1.

Portoflio with the same risk as the market means a beta of 1,00    

1,23 (x) + 0,84 (1-x) = 1    Stock J = 0,4103  

1,23x + 0,84 - 0,84x = 1    Stock K = 0,5897  

1,23x - 0,84x = 0,16    

0,39x = 0,16    

x = 0,16/0,39    

x = 0,4103    

The expected return of the portfolio it's defined by the weight of each stock and the expected return.

Stock J  13,25%  0,5047  6,69%

Stock K  10,60%  0,4953  5,25%

Portfolio       1,00  11,94%

3 0
3 years ago
Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply.
marissa [1.9K]

Answer:

The correct options are:

  • A. It is used to avoid the time and cost of writing checks for small amounts.
  • C. It is established to pay for small payments like postage, shipping fees, etc.
  • E. It is an asset reported on the balance sheet.

Explanation:

A Petty Cash Fund is a small amount of money that is kept on hand to be used in covering for the making of purchases that are too small to bother to write a check. Money from the petty cash fund can be used to pay for minor expenses such as postage, cab fares, shipping fees or office supplies.

Petty cash fund appears in the balance sheet on the current assets section. This is because line items in the balance sheet are sorted according to their order of liquidity. Since petty cash is highly liquid, it always appears near the top of the balance sheet.

7 0
4 years ago
Match the terms to their correct meaning
nydimaria [60]

Answer: The terms that match with this meanings are:

1. APR charge for borrowing money  = <u>FINANCE CHARGE.</u>

2. Interest rate that does not change  = <u>FIXED RATE.</u>

3. Closing costs fees required if loan is paid off before the end of its original term  = <u>PREPAYMENT PENALTIES.</u>

4. Down payment a loan based on the value of the real estate it is used to purchase = <u>MORTGAGE.</u>

6 0
3 years ago
Hey, I'm reading a book and I want to know what this question mean.
GREYUIT [131]

Answer: if the character had to chose to save himself, or help the friend, if save self, he's a coward and selfish. if go back to help, he is a big- hearted character.

7 0
3 years ago
To what extent do our moral ideas reflect the society around us, and to what extent are we free to think four ourselves about mo
Tasya [4]
Our moral ideas are definitely influenced by the prevailing ones in society, ones which are reinforced by the news media on a daily basis. For example, the moral idea that it is acceptable to punish Venezuela for conducting its own internal elections is pushed in the media, and the UN non-interference in the internal affairs of other countries and respect for the sovereignity and territorial integrity of other countries is ignored. On the other hand, I believe it is becoming more acceptable for a white man to marry a non-white person and have the free choice to do so, though the Trump supporters don't believe this. 
3 0
3 years ago
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