Answer: c) A fishery exceeding fishing quotas, because it values short-term income more than long-term fishing stock
Explanation:
Absolute valuation is a valuation method used by businesses whereby the financial worth of a company is determined through the use of a discounted cash flow. Through this, the investors can know whether a stock is either overvalued or undervalued.
Based on the question, thee importance of cash flows in the absolute valuation process is most similar to a fishery exceeding fishing quotas, because it values short-term income more than long-term fishing stock.
Answer:
D. a low-load variable annuity separate account with a growth objective
Explanation:
The customer plans to retire in 20 years, and even though his earnings are relatively high, his assets and net value are not. Before his father died, he only had $10,000 to invest, so he cannot afford to take high risks.
A low load investment is one whose managers charge low management fees. A variable annuity is a type of investment that yields a variable return depending on how the investment portfolio performs. In order to be able to have a larger future return, the growth objective would be to have a portfolio that grows, and not necessarily yields annual returns, e.g. zero coupon securities or stocks that pay low dividends or even no dividends at all but have a higher growth rate.
Answer:Money market funds are mutual funds that investors typically use for relatively low-risk holdings in a portfolio. 1 These funds typically invest in short-term debt instruments, and they pay out earnings in the form of a dividend. A money market fund is not the same as a money market account at a bank or credit union.
Explanation:
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Answer:
A. Yes, the cost of taking the order is the lost after-tax cash flow of $163,383 from selling the machine.
Explanation:
This question is about opportunity costs. Opportunity costs are benefits lost or extra costs associate to choosing one activity or investment over another alternative.
If Jones decides to accept the special order, he will not be able to sell the machine, so he will lose the $163,383 that he could have earned by selling it (that is the opportunity cost of accepting the special order).
In 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks, appropriations have to shrink as well.
<h3>what is texas constitution ?</h3>
The Texas Constitution is the fundamental governing document of Texas, describes the structure and function of the government, it consists of a preamble and 17 articles.
- Article 1 represents Bill of Rights and consists of 34 sections.
- Article 2 represents the Power of Government which provides for the separation of the powers of the government.
- Article 3 represent the Legislative Department, include the legislative power of the state of Texas and consists of the Texas Senate and Texas House of Representatives.
- Article 4 Executive Department and it consists of 26 sections which describes the powers and duties the officials of state's executive.
- Article 5 Judicial Department consists of 32 sections, explains the composition, powers of the Texas Supreme Court, the Court of Criminal Appeals, Justice of the Peace Courts etc.
- Article 6 Suffrage consists of five sections, defines classes of persons are not allowed to vote like minors, persons convicted of a felony etc.
- Article 7 Education consists of 20 sections, provisions for public schools, asylums and universities.
- Article 8 Taxation and Revenue which places various restrictions on the ability of the Legislature and local governments to impose taxes like local property taxes.
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