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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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Which of the following elements establish an organization's pay structure?A. pay ranges and pay differentialsB. cost control and
mario62 [17]

The correct answer is E; job structure and pay level.

Further Explanation:

Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.

Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.

Learn more about pay structure at brainly.com/question/5044592

#LearnwithBrainly

3 0
3 years ago
In early January, Burger Mania acquired 100% of the common stock of the Crispy Taco restaurant chain. The purchase price allocat
ExtremeBDS [4]

Explanation:

Because trademarks have an unlimited effective life of 4 million dollars, the regulation is not valid.

Goodwill and immaterial properties are not amortized but are checked for damage annually for infinite useful lives.

The copyright worth $6 million for five years is the only inviolable thing you can amortize.

The gross amortization cost in relation to these things in the income statement of Burger Mania for the first year ending December 31 would amount to $800,000.

8 0
3 years ago
Which of the following statements is true of franchisors?
denpristay [2]

Answer:

3. Franchisors may suffer a loss of control over how their technology and brand names are used.

Explanation:

If the brand name/reputation is tarnished somewhere, it affects every franchisor

7 0
3 years ago
A decrease in the price of domestically produced industrial robots will be reflected in a. both the GDP deflator and the consume
andrezito [222]

Answer:

The correct answer is option c.

Explanation:

A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.  

GDP deflator measures the change in the price of all domestically produced goods and services.  

A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.  

But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.

8 0
3 years ago
Yakov, Ana, and Dina want to bake a cake. They are choosing among chocolate cake (C), vanilla cake (V), and red velvet cake (R).
vovangra [49]

Answer:

The specified preferences of Charles, Diana and Juanita. Charles and Juniata prefer chocolate over red velvet cake. Dina favors red velvet over chocolate.

So, when there is voting among red velvet and chocolate cake, the majority will select the Chocolate cake and among winner and vanilla majority will vote for Vanilla cake.

This is because Dina and Juanita favor vanilla over chocolate.

Among Chocolate and vanilla cake, the majority will elect for vanilla and among this winner and red velvet cake, the majority will choose for Red velvet cake.

This is because Diana and juanita favor vanilla over chocolate. So, vanilla cakes get majority elects. When there is voting among vanilla and red velvet , red vanilla acquire majority votes as charles and dina favor red velvet over vanilla.

The statement is False. The preferences are not transitive.

In the first situation chocolate is chosen to vanilla and red velvet is preferred to vanilla. Although, in the second situation, chocolate is favored to red velvet and vanilla is preferred to chocolate. Thus, the preferences do not exhibit transitivity.

8 0
3 years ago
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