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Allushta [10]
2 years ago
12

When making financial decisions, it is important that you critically evaluate the source.

Business
2 answers:
svetoff [14.1K]2 years ago
7 0
Hello,

Here is your answer:

The proper answer is option A "true". It is extremely important to find the source of the information because the source could not be verified (which means its giving false information).

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!
algol132 years ago
3 0

Answer:

True

Explanation:

If you are planning on making financial decisions based on information you obtain from different media (e.g. online publications, financial magazines, TV analysts, etc.) you must first verify how reliable that information is.

Remember that anyone can post an article on the internet, but you are responsible for checking his/her personal background and previous experience. Has he/she done it in the past and how good or bad were the results.

You must also consider how relevant the information is, and remember that many the same as news media is always biased, financial information is always biased also.

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Which of the following describes what the Fed would do to pursue an expansionary monetary​ policy? A. use discount policy to rai
koban [17]

Answer:

Option (B) is correct.

Explanation:

Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.

So, here the expansionary policy is to purchases the treasury bills from the public.

7 0
3 years ago
Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
erastova [34]

Answer:

C. Ron’s basis in his stock is $27,000

Explanation:

Income recognized on services rendered $21,000

Add basis of $6,000

Ron stock basis $27,000

The property contributed by Ron is not considered insignificant compared to the value of the services he has rendered, which is why the entire contribution is counted as being for property.

Hence, the control requirement is satisfied and a valid § 351 transaction results. Ron’s stock basis is $27,000 [$6,000 (basis of cattle transferred) + $21,000 (income recognized on services rendered)]

4 0
3 years ago
For the past year, Momsen, Ltd., had sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and ad
Ivenika [448]

Answer:

Net income= $11,412.2

Explanation:

Giving the following information:

sales of $46,382

interest expense of $3,854

cost of goods sold of $16,659

selling and administrative expense of $11,766

depreciation of $6,415

t=0.35

We need to use the following formula:

Net income= (sales - COGS - selling and administrative expense - interest expense - depreciation) - tax + depreciation

First, we deduct Depreciation to decrease the tax base, but because it is not an actual payment, we have to sum it after tax.

Sales= 46,382

COGS= (16,659)

Gross profit= 29,723

Selling and administrative expense= (11,766)

Interest=(3,854)

Depreciation= (6,415)

EBT= 7,688

Tax= (7,688*0.35)= (2,690.8)

Depreciation= 6,415

Net income= $11,412.2

6 0
3 years ago
Ford's decision to completely redesign its ford taurus can be classified as a
KatRina [158]
It's a business level strategy. This is to take <span>actions to provide value to customers and gain a competitive advantage.

Hope this helps!</span>
7 0
3 years ago
Difference between compulsory and non-compulsory insurance
leva [86]
Compulsory insurance is a type of insurance that is required by law before you can engage in specific activities. This kind of insurance is meant to protect you from harm in some way, an example would be the legal requirement to have auto insurance to drive a car or having health insurance in the United States.

Non compulsory insurance is pretty much everything that you are not required to have, insurance such as travel insurance, life insurance, phone insurance, etc. Although it is a good idea to get these, they are not required.

Non compulsory basically means voluntary while compulsory means required.
7 0
3 years ago
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