All categories

3 years ago

Spending, saving, and investing to have the kind of life you want and financial security can be achieved by

Business

2 answers:

melomori [17]3 years ago

5 0

Answer:

Personal financial planning

Explanation:

If you plan out how you will spend, save, and invest your money, you can get to many places in live.

lord [1]3 years ago

4 0

Personal financial planning ^^^

You might be interested in

You accept a new job with a starting salary of $53,000. You receive a 4% raise at the start of your second year, a 5.5% raise at

vredina [299]

Answer:

a. Salary for the second year:

Salary is to increase by 4% in second year.

= 53,000 * (1 + 4%)

= $55,120

b. Third year salary:

Second year salary will increase by 5.5%

= 55,120 * (1 + 5.5%)

= $58,151.60

c. Fourth year salary:

Third year salary to increase by 11.1%

= 58,151.60 * (1 + 11.1%)

= $64,606.43

8 0

3 years ago

You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years

Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

expected rate of return:

year 1 20.6%

year 3 20.78%

Explanation:

grow rate:

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

dividend yield:

dividends/stock price = dividend yield

1/21.7 = 0,0460 = 4.60%

1.3456/28.15 = 0,04780 = 4.78%

expected rate of return:

dividend yield + grow rate

4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0

3 years ago

The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation:

muminat

Answer and Explanation:

The preparation of the classified balance sheet is presented below:

Blue Devils Corporation

Balance Sheet

Dec 31, 2021

Assets Amount ($) Liabilities and shareholder equity Amount ($)

Current assets: Current liabilities

cash $3,800 Accounts payable $24,800

Accounts receivable $7,800 Salaries payable $14,800

Supplies $17,800

Total current assets $29,400 Total current liabilities $39,600

Long-term assets Stockholders equity

Equipment $108,000 Common stock $48,000

Accumulated depreciation -39,000 Retained earnings $10,800

Total assets $98,400 Total liabilities and stockholders equity $98,400

We find the retained earning balance by applying the accounting equation which is shown below:

Assets = Liabilities + common stock + retained earnings

$98,400 = $39,600 + $48,000 + retained earning

So, the retained earning is $10,800

6 0

3 years ago

Snoke Inc's current price is $100 and the price is expected to rise to $110 in one year. The dividends are paid annually and the

postnew [5]

Answer:

Expected stock Return = 16%

Explanation:

The return of a stock is calculated by subtracting ending stock price to ending stock price and add adding and income distributions made during the period and divide by the stock price at beginning

Current stock price = $100

Expected stock price = $110

Dividends = $6

So in Snoke Inc's the only income distributions are dividends

Return = Ending stock price - Current stock price + dividends/Current stock price

=110-100+6/100

=0.16/16%

7 0

3 years ago

On august 31 of the current year, harvey co. decided to change from the fifo periodic inventory system to the weighted-average

Vsevolod [243]

The answer is "As of January 1, Year 1".

The cumulative impact of an adjustment in accounting rule squares with the difference between retained income toward the start of time of the change and what retained profit would have been if the change was applied to all influenced earlier periods, accepting comparative financial statements are not exhibited. Starting retained profit of the earliest year exhibited is balanced for the cumulative impact of the change.

4 0

3 years ago