Answer:
F. C and D only
Explanation:
Financial Literacy
This is when an individual or person possesses the skills, techniques and knowledge that allows him/her (the individual or person) to make informed and efficient decisions with all of their financial resources. It is the ability to understand how money works. This includes, how individuals make money, manage it and invest it properly. Financial skills possessed by a financial literate includes budgeting, personal financial management, investment, expenditure and so on.
Understanding assumptions and estimates of plant managers and creating a firm financial statement are NOT part of the indicators for financial literacy.
Unless you have a Business Plan.
Business plan contain your Objectives and step by step strategy that you will do in order to expand your Company.
Showing in front of investors without it make them questioned your commitment as a future Partner. To put it simply, you look like a careless & unmotivated person that is really bad for business
Answer:
The adjusted sale price of the comparable is $270,000
Explanation:
The formula is used to compute the adjusted sale price of the comparable:
= Sale Price - Superior material cost - Square footage cost
= $315,000 - $20,000 - $25,000
=$270,000
The sale price reflects that price on which the property is sold, whereas the superior material is an expense related to the property. Hence, it is deducted from the sale price.
And, the more square footage is produced which is also an expense for a company. So, this also would be deduct from the sale price.
Hence, the adjusted sale price of the comparable is $270,000
Answer:
peer review
Explanation:
A critical evaluation of one public accounting firm's practices by another public accounting firm is called: peer review
Peer review is the evaluation of work by one or more people with similar competencies as the producers of the work. It functions as a form of self-regulation by qualified members of a profession within the relevant field.
Complete Question:
Venture capital required rate of return. Blue Angel Investors has a success ratio of 10% with its venture funding. Blue Angel requires a rate of return of 20% for its portfolio of lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a $100,000 loan, what is the annual percentage rate you would have to pay for this loan?
Answer:
Blue Angel Venture Capital
The annual percentage rate to be paid for this loan is:
= 38%
Explanation:
a) Data and Calculations:
Blue Angel Loan = $100,000
Required rate of interest = 20%
Average length of Blue Angel loan = 5 years
Success ratio of venture funding = 10%
Annual loss sustained from loan = 20% * (100% - 10%)
= 20% * 90%
= 18%
Therefore the annual percentage rate to be paid for this loan is:
38% (20 + 18%)
b) The implication is that the required rate of return expected by Blue Angel will be weighed by its failure rate of 90%. This indicates additional cost of loan. Therefore, the total annual percentage rate is the addition of the required rate of return and the rate of loss sustained.
