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Sergeeva-Olga [200]
3 years ago
9

Why are short-term and long-term goals important when it comes to money? Give an example of each.

Business
1 answer:
Fantom [35]3 years ago
5 0

Answer:

Answer to the following question is as follows;

Explanation:

The precision of planned statistics that relate to future activities is a benefit of short-term planning. Long-term planning may be less trustworthy due to the inaccuracy of longer-term projections.

Long-Term Financial Objectives For most people, the most important long-term financial objective is to save enough money to live comfortably.

Virtually all organisations, from small startups to huge established firms, require short-term money management. Even huge corporations with seemingly strong financial accounts have declared bankruptcy because they were unable to pay their existing obligations.

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What is the discounted price for a piece of software that has a list price of $49.99 if we are discounting it by 20%? (Required)
tino4ka555 [31]

Answer:

39.992

Explanation:

divide 20 by 100 multiply it to 49.99 then subtract answer from 49.99

3 0
3 years ago
A flower shop has a dozen roses and tulips on sale. Roses costs $40 and tulips costs $35. A customer will spend at least $100 bu
White raven [17]

Answer: 1). 2 roses and 2 tulips

2). 1 rose and 3 tulips

3). 3 roses and 1 tulip

Explanation: In combining the flowers, the customer considers the amount in hand ensuring he spends at least $100 but not more than $175.

1). He can combine 2 roses and 2 tulips at the cost of ($40x2) + ($35×2) = $80 + $70 = $150

2). He can choose to buy 1 rose and 3 tulips at the cost of $40 + ($35×3) = $40 + $105 = $145

3). A combination of 3 roses and 1 tulip is also possible at a cost of ($40×3) + $35 = $120 + $35 = $155

8 0
3 years ago
When an import tariff is imposed on an intermediate good, producers of this immediate good in the nation will ____________ while
Rashid [163]

Answer:

get better off

get worse off

Explanation:

Import are goods or services produced in other countries that are brought into a country.

Import tariff is a form of tax imposed on imported goods. import tariff increases the price of import. the purpose of import is to discourage import

Intermediate good are goods used in the production of finished. An example of an intermediate good is raw materials

When an import tariff is imposed on an intermediate good, producers that use the intermediate goods would be worse off because the price of intermediate goods needed for production would increase as a result of the tariff. This would increase their cost of production and reduce their profit margins

While the producers of the intermediate good in the country would be better off because they would face less foreign competition. Also, they would benefit from the increased price of the intermediate good. This would increase their profit margins.

4 0
3 years ago
"Renee Farm grows genetically modified fruits and vegetables by using nutrient enriched soil and chemically enhanced fertilizers
Ivenika [448]

Answer:

focus strategy        

Explanation:

Focus strategy: The term "focus strategy" is defined as one of the distinct marketing strategies in which a particular company or organization "concentrates" associated resources on expanding or entering in a very narrow or small industry or market segment. A focus strategy is generally being implemented where the company or the organization knows its associated segments and therefore consists of different products to purposefully satisfy its relevant needs.

In the question above, Renee Farm is most likely using a focus strategy.

5 0
3 years ago
Turbo Technology Corp. recently went public with an initial public offering of 3.03 million shares of stock. The underwriter use
Leokris [45]

Answer:

$8.23 per share

Explanation:

Total funds received by Turbo = (3.03 million shares x $ 7.65 per share) - $230,000

= $23,179,500 - $230,000 = $22,949,500

Gross Proceeds = Net Proceeds + Underwriter's Spread  

Gross Proceeds = (Gross Proceeds * 0.07) + $7.65 per share

(Gross Proceeds – 0.07 Gross Proceeds) = $7.65 per share

Factorize gross proceeds mathematically to get

Gross Proceeds (1-0.07) = $7.65 per share

Gross Proceeds (0.93) = $7.65 per share

Gross Proceeds = \frac{7.65}{0.93}

Gross Proceeds = $8.23 per share

7 0
3 years ago
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