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3 years ago

Formal planning means specific goals are formulated and never reduced to writing but simply communicated.

1 answer:

3 0

<span>The statement that formal planning means specific goals are formulated and never reduced to writing but simply communicated is false.
</span><span>In opposite formal planning is type of strategic planning that includes writing of the organization's goals and objectives. The given definition refers to the informal planning. </span>

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Mofro's Computer Repair Shop started the year with total assets of $270,000 and total liabilities of $180,000. During the year,

JulsSmile [24]

Answer:

$200,000

Explanation:

As we know that

The net income is the income that is generated when we deduct all expenses incurred from all revenues generated that is reflected on the income statement

In mathematically,

Net income = Revenues earned - expenses incurred

= $450,000 - $250,000

= $200,000

3 0

3 years ago

A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle o

Mama L [17]

A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle of externalities.

Many people are unaware that there are tax advantages for home owners when they purchase, own, remodel and even sell their property. These advantages take the form of tax deductions, which lower your taxable income and hence lower your tax payment.

However, you might be astonished to hear that even though the house was bought with a mortgage, you still own it. As the homeowner, your name is listed on the title. The lender does not actually own your home; rather, they only have a stake in the property and the mortgage note.

According to the Federal Reserve's 2020 Survey of Consumer Finances, if you own your home, you probably have a higher value than someone who rents. The assumption that owning a home is a wise financial decision is supported by the fact that homeowners have a net worth that is more than 40 times bigger than their counterparts who rent.

Learn more about homeowners here:

brainly.com/question/23428348

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4 0

1 year ago

If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 150,000 shares of stock E at

eimsori [14]

Answer:

The correct answer is 30.10%.

Explanation:

According to the scenario, the given data are as follows:

Stock A price = $30

Value of stock A = $30 × 210,000 = $6,300,000

Stock B price = $35

Value of stock B = $35 × 310,000 = $10,850,000

Stock C price = $10

Value of stock C = $10 × 410,000 = $4,100,000

Stock D price = $15

Value of stock D = $15 × 610,000 = $9,150,000

So, We can calculate the portfolio turnover rate by using following formula:

Portfolio turnover rate = Value of stocks sold or purchase / Market Value of Assets

Where, Market Value of Assets = Value of stock A + Value of stock B +Value of stock C + Value of stock D

= $6,300,000 + $10,850,000 + $4,100,000 + $9,150,000

= $30,400,000

And Value of stock sold = value of stock D = $9,150,000

So, by putting the following values in the formula:

= Turnover Rate = 9,150,000 / 30,400,000

= 30.10%

Hence, the portfolio turnover rate is 30.10%.

7 0

3 years ago

Over the next few years, several newly constructed office blocks will become available at the World Trade Center site. As well,

posledela

Answer:

The correct answer is Unambiguously higher equilibrium quantity, and equilibrium rental rates could be higher or lower.

Explanation:

An economic equilibrium is a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables do not change. It is the point at which the quantity demanded and the quantity offered are equal, a market equilibrium, for example, refers to the condition in which the market price is established through competition so that the quantity of Goods and services desired by buyers is equal to the amount of goods and services produced by sellers. This price is usually called the equilibrium price and tends to remain stable as long as demand and supply do not vary.

6 0

3 years ago

If the stock market was perfectly, efficient, which of the following would be true?

Allushta [10]

Answer: C) Stock prices would only change on unexpected news

Explanation:

If the stock market was perfectly efficient, it would mean that all known information is already reflected in the stock price. This includes both historical and current data.

For the stock price to change therefore, there would have to be unexpected news that are not already accounted for in the price and so will force it to react positively or negatively.

4 0

3 years ago