In order to get clarity on your money goals and have a powerful reminder to keep you on a track, you need to write down goals.
<h3>What is Financial goals ?</h3>
Financial plan is any estimation of money goals. One can have short-term and long-term goals. For example, saving $500 is a short-term goal, but investing for old age is a long-term financial goal. Your goals should make you focus and keep you on track.
- Have specified goals, For example increasing income is not a goal, increasing income by $500 is a goal.
- Make a deadline, Have a deadline for every single financial goal.
- Write them down, Just making a goal and remembering it in mind doesn't works.
- Divide them in parts, dividing goals in parts make them achievable.
Writing down goals helps to get clarity on your money goals and to keep you on a track. because having them in mind creates a blurred vision but writing them down makes them clear.
Hence writing down goals help having clarity on your money goals.
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Based on the amount the bicycle was sold for and the cost to produce, the return on investment was <u>23.5%. </u>
<h3>What was the return on investment?</h3>
This can be found by the formula:
= (Total Return – Amount Invested)/Amount Invested x 100%
Solving gives:
= (85 - 65) / 85 x 100%
= 20 / 85 x 100%
= 23.5%
In conclusion, this is 23.5%.
Find out more on return on investment at brainly.com/question/15726451.
Answer:
A capital structure decision
Explanation:
Capital Structure decision can be regarded as all the arranging capitals that is been accumulated from various sources, so that the need of long-term funds can be met for the business. Capital Structure decision have a great impact on return of an equity owners as well as the risk. It should be noted that The decision to issue additional shares of stock is an example capital structure decision.
Hi there
20000×0.09+0.06x=5000
Where x is the amount invested at 6%
Solve for x
1800+0.06x=5000
0.06x=5000-1800
0.06x=3200
X=3200÷0.06
X=53333.33....answer
Good luck!