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gayaneshka [121]
2 years ago
13

Explain The Goal For Finance

Business
1 answer:
Schach [20]2 years ago
3 0

Long term: you should already have a career and be financially stable. Probably have a family by then

Mid-term: you may have help from your parents as you are in college, but you may have a job of your own to help with the financial stability.

Short term: in high school, you may have a job of your own to help your parents financially. Or, your parents help you with everything

You might be interested in
A news article details the destruction of a recent earthquake. Which of the following are readers of the article likely to do as
elena55 [62]

A news article details the destruction of a recent earthquake. Readers of the article likely to do as result are Overestimate their risk of earthquakes. Thus option A is correct.

<h3>What is Earthquake?</h3>

Earthquakes is referring to a kind of natural disaters which occurs due to the movement of tectonic plates. when these tectonic plates move and collapse with one another results in an earthquake.

When a news article shows destruction related to earthquakes people will most likely analyze their risk from earthquakes and evaluate whether they are safe from them or not.

Therefore, option A is appropriate.

Learn more about Earthquakes, here:

brainly.com/question/1296104

#SPJ1

7 0
2 years ago
Assume equity at the beginning of the accounting period was $120,000 and at the end of the period it was $175,000. Drawings by t
guapka [62]

Answer: $85,000

Explanation:

Drawings are debited/deducted from the Equity account to reflect that the owner's holdings in the business has reduced.

Profit is added to the Equity account in the form of Retained Earnings.

The closing Balance on Equity is;

Closing Balance = Opening Balance + Profit - Drawings

Profit = Closing Balance - Opening Balance + Drawings

Profit = 175,000 - 120,000 + 30,000

Profit = $85,000

8 0
3 years ago
What is the intersection of the assessed probability and severity of a hazard called in the RM process?
Alex_Xolod [135]

Answer:

(1) Assessment

Explanation:

The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'

Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.

Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.

In summary, risk management usually views risk as a function of probability and impact.

3 0
3 years ago
A company uses the cost method of accounting for treasury stock. On January 1, the company repurchases 1,000 shares of stock at
Ksivusya [100]

Answer:

The credit on December 31 is to credit Treasury Stock with $15,000.

Explanation:

There are two methods for accounting for Treasury Stock.  The first is the par value method.  With this method, the Treasury Stock account is debited or credited with the par value for each transaction, while the difference in par value is taken to the Additional Paid-in Capital account.

Using the cost method, the Treasury Stock account is debited and credited with the value of each transaction and the Additional Paid-in Capital account is not affected.

This implies that under the cost method, the purchase and resale of treasury stock is recorded by debiting and crediting the treasury stock account by the actual cost of purchase and actual value of sale.

3 0
3 years ago
Marvin was interested in how his target market spends money around the November/December holidays. He first reviewed existing da
andrezito [222]

Answer: secondary data

Explanation:

The type of data above is refered to as a secondary data. Secondary data simply refers to the data that have already been gotten or collected from the past.

Unlike the primary data, which is collected by the individual, secondary data have already been done in the past. Since he first reviewed existing data on seasonal spending collected by the government, this is a secondary data

3 0
2 years ago
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