Xi-Ling focussed on her debt management by setting aside a part of net income in paying down the debts. The amount that Xi-Ling put towards the debt is $65.75.
<h3>What is Debt Management?</h3>
Debt management is a tool that facilitates keeping the debt under control through planning and budgeting. It helps in clearing the problem of debt at an affordable pace.
Xi-Ling has a monthly salary of $2,315 out of which 5% is her net income. The net income therefore is:
Out of the net income of $115.75, she keeps aside $50 and uses the rest in paying down her debts. Therefore, the amount used for debts is:
Hence the amount Xi- Ling put towards paying down the debts is $65.75.
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Answer:
Increasing current profits when doing so lowers the value of the firm's equity.
Explanation:
Agency problem is the likelihood that managers may place personal goals ahead of corporate goals. A characteristic feature of corporate enterprises is the separation between ownership and management. Thus, with the objective of survival, management would aim at satisfying instead of maximizing shareholder´s wealth.
Three generic agency problems arise in business firms:
-The conflict between the firm´s owners and its hired managers.
-The conflict between controlling and minority shareholders.
-The conflict between shareholders and non shareholders constituencies.
Answer:
The correct answer is (C)
Explanation:
Business coherence or continuity is an association's capacity to guarantee tasks and centre business capacities are not seriously affected by a disaster or spontaneous occurrence that takes basic frameworks disconnected. Business continuity arranging is the interdepartmental procedure regularly drove by data innovation, of actualising the strategies used to re-establish ordinary business in a set measure of time, characterise the measure of information misfortune worthy to the business, and impart basic data to authoritative partners during and following occurrences.
Answer:
B
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Leila makes more sweaters and cookies than Sami. She has an absolute advantage
opportuntiy cost
Sami :
Sweaters = 240 / 5 = 48
cookies = 5/240 = 0.02
Answer:
Expected return of portfolio = 12.3%
Beta of portfolio = 1.28
Explanation:
investment value in alpha = 100*10 = $1000
Total value of portfolio = 9000 + 1000 = $10000
The expected return and beta would be the weighted average.
Expected return of portfolio = 9000/10000 * 12% + 1000/10000 * 15%
Expected return of portfolio = 12.3%
Beta of portfolio = 9000/10000 * 1.20 + 1000/10000 * 2
Beta of portfolio = 1.28
