The answer is B)<span> Older persons nearing retirement and needing to know what their income will most likely be during retirement
Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.
However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.
It is these kinds of people who can get maximum benefit from proper financial planning.
</span>
Answer: Structured compensation program
Explanation: In a structured compensation program the company structures the pay of employees on the basis of a predetermined criteria. The abilities needed to get promotion in such structure could be fixed on the basis of time period served or any other such criteria.
In the given case, Jamie gets promotion at every stage by passing a certain test. Thus, we can conclude that the company is performing structured program.
Answer:
$924
Explanation:
The computation of the profit/loss is shown below:
= Sale - variable cost - fixed daily cost
where,
Sale = Selling price per room × Number of rooms sold
= $55 × 41 rooms
= $2,255
And, the variable cost would be
= Variable cost per room × Number of rooms sold
= $11 × 41 rooms
= $451
And, the fixed daily cost is $880
Now put these values to the above formula
So, the value would be equal to
= $2,255 - $451 - $880
= $924
Trade will benefit countries when it generates gold and silver for the national treasury.
Answer:
Friendly Fashions:
Ratios Calculations in 2018:
1) Return on Equity = Net Income divided by Equity x 100
Return on Equity = $170/$1,780 x 100 = 9%
2) Return on the market value of equity = share price/average shares outstanding = $8/710 x 100 = 1.12%
3) Earnings per share = Net Income divided by average shares outstanding = $170/710 = $0.24
4) Price-earnings ratio = Market value per share/Earnings per share = $8/$0.24 = $33.3
Explanation:
1) Return on Equity: The return on equity is a measure of the financial performance of an entity, which evaluates the effectiveness of management in using assets to create profits.
2) Return on the market value of equity: This measures the profit yield on the stock market capitalization. It measures the intrinsic value of a stock by comparing the share price to the number of shares outstanding. It is also called the market capitalization.
3) Earnings per share: This is a measure of a company's profitability. It can be used as an indicator to pick stock to buy. To determine the net income used for this calculation, it is necessary to deduct the dividend of preferred stock, where it exists, before arriving at the net income.
4) Price-earnings ratio: This company valuation method measures the share price relative to the earnings. It is also called the price multiple and earnings multiple. It shows how much an investor can pay in dollars in order to earn a dollar of earnings. It also indicates if a stock is overvalued or undervalued.
