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3 years ago

TRUE or FALSE. There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

Business

2 answers:

Lerok [7]3 years ago

4 0

Answer:

TRUE

Explanation:

Having financial goals is important for you to achieve your dreams. If you have a financial goal of saving money, you should lower your cats or increase your savings. If you want to reach your goal faster, you can use these two strategies together.

quester [9]3 years ago

3 0

As the basis for everything about finnancial issues, the statement above is TRUE. These means are the basis to achieve your goals to save money and keep your budget safe. Hope this is good for you

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those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.

netineya [11]

Answer:true

Explanation:

4 0

1 year ago

(Yield to maturity) The market price is $725 for a 16-year bond ($1 comma 000 par value) that pays 9 percent annual inter

wlad13 [49]

Answer:

13.16%

Explanation:

In this question we use the RATE formula i.e shown in the attached spreadsheet

Given that,

Present value = $725

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 9% ÷ 2 = $45

NPER = 16 years × 2 = 32 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%

6 0

3 years ago

Marriott has branded its entire family of accommodations based on different value propositions, supported by clearly delineated

Nonamiya [84]

Answer:

Price lining

Explanation:

Price lining is defines as the pricing strategy where related products are sold at different prices to customers.

Usually the price difference depends on the level of quality of the products.

For example a beverage company with different drinks having various flavours will have a different price for each one.

In the given scenario price lining is occurring at a larger scale when Marriott branded its entire family of accommodations based on different value propositions.

These include Ritz-Carlton and JW Marriott for the most discriminating patron, Marriott and Renaissance at the next level of full service, and an array of differentially positioned brands such Courtyard and Residence Inn.

4 0

3 years ago

Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $540,000, and factory payro

vovangra [49]

Answer:

See below

Explanation:

Marcelino Co's total cost of each production incurred in April

From March

Job306 Job307 job308

Direct materials $28,000 $39,000

Direct labor $23,000 $17,000

Applied overhead $11,500 $8,500

(50% of direct labor)

Beginning goods in process $52,500 $64,500 ---

For April:

Direct materials $139,000 $220,000 $110,000

Direct labor $103,000 $153,000 $104,000

Applied overhead $51,500 $76,500 $52,000

(50% of direct labor)

Total cost added in April $293,500 $449,500 $266,000

Total costs(April 30) $346,000

$514,000 $266,000

3 0

3 years ago

Duff Inc. paid a 2.34 dollar dividend today. If the dividend is expected to grow at a constant 1 percent rate and the required r

Akimi4 [234]

Answer:

$24.60

Explanation:

The computation of the price for 4 years from now is shown below:

Price = Dividend ÷(Required rate of return - growth rate)

where,

Dividend is

= Dividend × (1 + growth rate)^number of years

= $2.34 × (1 + 0.01)^5

= $2.46

All the other items would remain the same

So, the price is

= $2.46 ÷ (11% - 1%)

= $24.60

8 0

3 years ago