Answer:
The financial planning has roughly the same structure. Even in their later stages of life, they need to prepare and pre-save for any major risks that may occur. Having a spouse and children may increase this risk as well. It’s important to set aside a little future college money for their kids, maybe an allowance, ect. Their savings when it comes to risk management should also be increased. Having to not only prepare for accidents with themselves, they now also have to prepare for any accidents including their children and spouse. Saving money for assets is also important, going in debt would put the whole family in danger so making sure house/apartment payments, car payments, taxes, ect., is needed.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Tax Services
Total wages were:
= hourly wage rate * total hours spent on returns for the month
For example, if the hourly wage rate is $50 and the total hours spent on the returns equal 560 hours, the total wages will be equal to $28,000 ($50 x 560).
Explanation:
The Tax Services' total wages will be equal to the hourly wage rate multiplied by the total hours spent on returns during the month. The total hours spent on the returns for the month is obtained by adding up the hours spent on all the returns. The total wages depend on the hours worked and the standard wage rate that has been established in the firm.
Answer:
The utility-maximizing rule suggests that this consumer should: Increase consumption of product Y and decrease consumption of product X
Explanation:
