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3 years ago

PERSONAL FINANCE QUESTION PLS HELP

Business

1 answer:

mr Goodwill [35]3 years ago

4 0

Answer:

People often buy fewer goods and services

Explanation:

This is the only option that makes sense for the question. Economic slow down is marked by the movement of money slowing down. As the movement money slows people buyer fewer goods and services.

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You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to have $75,000 a

o-na [289]

Answer:

The amount needed in the retirement account is $707,025.

Explanation:

This problem is a case of annuity.

They plan to withdraw $ 75,000 annually from the end of the first year of retirement.

The formula that relates capital in the account to annual withdrawals is

$C=A*D=A*(\frac{(1+i)^{n} -1}{i*(1+i)^{n}} )\\\\C=75,000*9.427=707,025$

8 0

4 years ago

A portfolio has 45 percent of its funds invested in Security One and 55 percent invested in Security Two. Security One has a sta

laiz [17]

I need help on the same thing

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3 years ago

Identify each of Knox Industries' transactions listed below as operating (O), investing (I), financing (F), noncash investin

mylen [45]

Answer:

a. Issuance of common stock for cash

(F) +Cash

b. Purchase of new forklift with cash

(I) -Cash

c. Purchase of equipment by issuing note payable

(I) -Cash

d. Depreciation of building

(O) No cash changes

e. Decrease in raw materials inventory

(O) +Cash

f. Payment of cash dividend

(F) -Cash

g. Increase in prepaid rent expense

(O) -Cash

h. Purchase of treasury stock

(F) -Cash

i. Cash sale of land (no gain or loss)

(I) +Cash

j. Sale of long-term investment (no gain or loss)

(I) +Cash

k. Increase in salaries payable

(O) +Cash

l. Amortization of patent

(O) No cash dealing

m. Purchase building with cash

(I) -Cash

n. Decrease in accrued taxes payable

(O) -Cash

o. Gain on sale of equipment

(I) +Cash

p. Repayment of long-term debt

(F) -Cash

Explanation:

Cash Flow from operating activities cash generated from to day to day activities of the business. All the cash flows needed to operate the business smoothly.

All the cash flows related to the fixed asset is called cash flows from the investing activities. Cash inflows from the sale fixed asset and cash outflows from the purchase of fixed assets are included in it.

Cash flow from financing activities is the cash inflows and outflows related to the fund of the business.

8 0

3 years ago

employees at between the rounds pleased that the company is fair to all employees regardless of their age gender

amid [387]

It is accurate to say that Between the Rounds has a positive diversity climate

<h3>What is diversity climate?</h3>

The extent to which employees believe that the policies, practices, and procedures of a diverse organization communicate a strong commitment to fostering and maintaining diversity and inclusion.

A positive diversity climate is one in which employees believe that their diverse characteristics are valued and do not impede their advancement. It is also a climate in which management actively promotes diversity.

Diversity entails a wide range of people from various racial, ethnic, socioeconomic, and cultural backgrounds, as well as a wide range of lifestyles, experiences, and interests. Having a diverse range of people and points of view represented in the department. Diversity is defined as a collection of people who are all different in the same place.

To know more about diversity climate follow the link:

brainly.com/question/11542363

#SPJ4

7 0

2 years ago

Tracy Company owns 4,000 of the 10,000 outstanding shares of Penn Corporation common stock. During 2018, Penn earns $450,000 and

Gwar [14]

Answer:

$1,020,000

Explanation:

Tracy company has 4,000 out of the 10,000 outstanding shares the common stock of Penn corporation

Penn earns $450,000 during 2018

They make a cash dividend payment of $150,000

The beginning balance in the investment is 900,000

Therefore, the balance at December 31, 2018 can be calculated as follows

= $900,000 + ($450,000×0.4)-($150,000×0.4)

= $900,000+$180,000-$60,000

= $1,080,000-$60,000

= $1,020,000

Hence the balance at December 31st, 2018 is $1,020,000

4 0

3 years ago