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3 years ago

The difference between a financial planner and a financial expert is that the expert is a professional who charges a fee.

Business

1 answer:

Vesna [10]3 years ago

6 0

Answer:

A financial planner is the person who helps company meet long term financial goal. A financial expert is a broader term who manages money including bonds and investments.

Explanation:

A financial planner is a person who makes financial plans and financial statements such as cash flow statements. These plans can be about tax, retirement etc.

A financial expert is a person who has an understanding of generally accepted accounting principles,financial statements, internal control and procedures for financial reporting and understanding of audit committee functions.

there are different kinds of financial planners but a financial expert can help financial planner.

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3 years ago

The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected

IceJOKER [234]

Answer:

current stock price = $28.90

so correct option is (a) $28.90

Explanation:

given data

dividend of D1 = $1.25

constant rate = 6.00%

beta = 1.15

market risk premium = 5.50%

risk-free rate = 4.00%

solution

first we get here Expected rate of return that is express as

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return) .................1

put here value and we get

Expected rate of return = 4% + 1.15 × 5.50%

Expected rate of return = 4% + 6.325%

Expected rate of return = 10.325%

so now we get current stock price

current stock price = Next year dividend ÷ (Required rate of return - growth rate) .................2

put here value and we get

current stock price = $1.25 ÷ (10.325% - 6%)

current stock price = $1.25 ÷ 4.325%

current stock price = $28.90

so correct option is (a) $28.90

3 0

2 years ago

How did the k-abc differ from the stanford-binet and wechsler tests?

Paraphin [41]

The K-ABC is different from the wechsler test and stanford-binet because it was designed to measure several distinct aspects of intelligence. The K-ABC test is just designed to measure several distinct aspects of intelligence of human or students who are taking the test. So the answer in this question is, it was designed to measure several distinct aspects of intelligence.

3 0

3 years ago

The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w

nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures = 15 years

redeem = $1,000

solution

we apply here formula that is

amount = principal × $(1+r)^{t}$ ................1

here put value and we get

1000 = 715 × (1+r)^{15}

$(1+r)^{15}$ = $\frac{1000}{715}$

solve it we get

r = 0.022617

so rate is 2.25 %

7 0

2 years ago

The equipment has an estimated useful life of ten years and an expected salvage value of 20 percent. Gravity Hospital’s December

ch4aika [34]

Answer:

The cost of the equipment when it was acquired on January 1, 2011 is $10000

Explanation:

10000÷5=2000

2000*10=20000

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X 100% X=25000

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2011 2000

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2013 2000

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8 0

3 years ago