Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Explanation:
Answer:
See below
Explanation
1. Value of inventory sold
= $280 million in inventory + COGS $23,100 million
= $303,100 million
2. Cost of goods sold
From the above passage, we have been given the COGS , which is $23,100 million
3. Compute inventory turns
= Cost of goods sold / Average stock
= $23,100 million / $151,550
=
Answer:
$1,388,200
Explanation:
The total stock holders equity as at the end of the year shall be determined as follows:
Common stock Retained Earnings Total
Balance of Jan 1 $597,000 $690,000 $1,287,000
Net income for year $96,000 $96,000
Dividend paid ($14,800) ($14,800)
Common stock $20,000 $20,000
Balance at year end $617,000 $771,200 $1,388,200
Answer:
Culture.
Explanation:
A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be short. Executives choose the most important values. Therefore, the clue to <u>Culture</u> is in what is chosen.
Companies recruit candidates who are most likely to fit their culture. Studies have found that a good fit between a candidate's personality and the company's culture leads to better retention. Companies can also use hiring decisions and training to maintain their culture.
Answer:
Attached grap with point A and B.
Explanation:
Russia will produce the cars as their production has te lower opportunity cost:
(Note: Opportunity cost is the amount of production resigned for the current output)
<u>Sweden pportunity cost for production car: </u>
25 ton of papper / 5 m cars = 5 tons per millon of cars
<u>Russia pportunity cost for production car: </u>
8 ton of papper / 4 m cars = 2 tons per millon of cars
With the trade set at 2 millon car for 6 tons of paper we get the following
Sweden produce 25 tons - 6 traded = 19
and receive 2 millon car
Russia produce 4 millon car - 2 traded = 2
and receive 6 tons of pappers
