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lozanna [386]
3 years ago
14

Sophia Martin is assessing her balances. She expects to retire in the next year and has $675,000 in savings and investments and

owns her own home that is worth $250,000. Which step in the financial planning process does this situation demonstrate?
Business
1 answer:
iVinArrow [24]3 years ago
5 0

Answer:

Determining her current financial situation.

Explanation:

Under Financial planning processes, there are 6 major steps, viz

(1) determining your current financial situation

(2) developing financial goals

(3) identifying alternative courses of action

(4) evaluating alternatives

(5) creating and implementing a financial action plan,

(6) re-evaluating and revising your plan.

Sophia Martin is currently on Step 1 as she is currently assessing her balances, which means she is evaluating, gauging and estimating what she earns at the moment.

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This question can be found on the test for Boater Safety. The PFDs that can be considered to be readily accessible are those worn by passengers, those kept in open bins near a passengers seat, and the ones that can be grabbed quickly by anyone on board. The PFDs that are not considered to be readily accessible would be any that are sealed in their original plastic bags. The PFDs must be put on in a reasonable amount of time during an emergency. 
4 0
3 years ago
You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1
Harlamova29_29 [7]

Answer:

The resulting UCL value for the line is 0.07. The right answer is d

Explanation:

According to the given data we have the following:

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Therefore, UCL = 0.05 +(1.96x0.01)=

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8 0
4 years ago
Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of
Len [333]

Answer:

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Explanation:

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Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)

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Selling price of the power from Tri-county G&T = 150,000 x $75

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3 0
4 years ago
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kap26 [50]

Answer:

c. $500

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