Answer:FALSE
Explanation:Charging more than you can afford to pay each month is a bad financial management strategy, as it will make you to continue to borrow money and take loans in order to meet with the charged sum.
For a person to maintain a good financial management strategy you have to charge as much as you can afford to pay, this will ensure that you don't live beyond your reach and help you to maintain good financial stability.
Answer:
b.financial statement analysis
Explanation:
- Some of the common techniques for analysis of the financial statements id the ratio, horizontal, and vertical methods. While the financial statement method analysis is the reviewing and analyzing a company's financial statements that include balance sheets, cash flow statements.
- And the specific techniques that involve evaluating risks, and the performance of the future of organization assets.
Answer:
Contingency plan.
Explanation:
Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.
It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.
The firm's market capitalization after the Initial Public Offering (IPO) with an outstanding shares of 5 million and current market price of $12 is $60 million.
<h3>What is market capitalization?</h3>
Market capitalization is the value of a firm's outstanding shares based on the current market price.
For this firm, the market capitalization is calculated as $60 million ($12x 5million).
Thus, the firm's market capitalization is $60 million.
Learn more about market capitalization at brainly.com/question/25300299
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Answer: No gain or loss will be recognized since the exchange lacks commercial substance.
Explanation:
Based on the information given, the amount of gain that John will recognize on the exchange will be nothing.
In this case, we are given the information that the exchange lacks commercial substance. Commercial substance refers to the transaction which brings about the change in the cash flow of the entity.
In this case, since there isn't ant commercial substance involved, then there will be no gain or loss recognized.