Answer:
F. C and D only
Explanation:
Financial Literacy
This is when an individual or person possesses the skills, techniques and knowledge that allows him/her (the individual or person) to make informed and efficient decisions with all of their financial resources. It is the ability to understand how money works. This includes, how individuals make money, manage it and invest it properly. Financial skills possessed by a financial literate includes budgeting, personal financial management, investment, expenditure and so on.
Understanding assumptions and estimates of plant managers and creating a firm financial statement are NOT part of the indicators for financial literacy.
<span>B. Debt
</span>A credit<span> risk is the risk of </span>default<span> on a </span>debt<span> that may arise from a borrower failing to </span>make<span> required payments.</span>
Answer:
Marketing Mix
Explanation:
Marketing mix is a combination of various components which are controlled by an organization or firm aimed at influencing a consumer's desire in purchasing their products. It is centered upon the historical 4Ps of marketing which are
1. Place
2. Promotion
3. Product, and
4. Price.
It is the method or technique used in taking or rather introducing or new product or service to the market. It is a group of tools used by businesses and marketers in selling their products and services to the buyers and final consumers.
Answer:
C) $9,000
Explanation:
Debits to the equity state represent additional expenses or losses that were not previously recorded.
- gain/loss = cash - carrying value of truck = $12,000 - $20,000 = -$8,000 or $8,000 loss
- additional repair costs = $1,000 (machinery repairs)
Total unrecorded losses and expenses = $8,000 + $1,000 = $9,000
Answer:
6.2%
Explanation:
The instrinsic value of the company's preferred stock can be determined as the sum of all discounted dividends. The cashflow pattern of preferred shares is similiar to perpetuity.
Preferred share price = CF/(1 + Cost of preferred stock) + CF/(1 + Cost of preferred stock)^2 + ... + CF/(1 + Cost of preferred stock)^n, or reduced form as
= CF/Cost of preferred stock
Putting all the number together, we get:
96 = 5.95/Cost of preferred stock, or Cost of preferred stock = 6.2%
