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BigorU [14]
3 years ago
15

John and Diana have been married for several years and share a goal of owning a 2nd home on the New Jersey shore in 8 years. The

y decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings. Which step of personal financial goals are they most in
Business
1 answer:
Verdich [7]3 years ago
3 0

Answer:

Step 5: Implementation and review of the financial plan

Explanation:

Considering the situation described above, the step of personal financial goals in which John and Diana are most in is "Implementation and review of the financial plan"

This is based on the fact that step of personal financial goals is:

1. Establishing and deciding your financial objectives and goals

2. Compiling your financial and personal information

3. Analysing your financial and personal information

4. Advancement and presentation of the financial plan

5. Implementation and review of the financial plan: this stage usually involves the process of income and expenditure adjustments.

Hence, when John and Diana decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings, they are in step 5 of personal financial goals, which is Implementation and review of the financial plan

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The Heating Division of Kobe International produces a heating element that it sells to its customers for $45 per unit. Its varia
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transfer cost $25

Explanation:

The minimum transfer price is equal to the marginal price.

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4 years ago
A company uses 30% common stock and 70% long-term debt to finance its operations. An increase in which one of the following will
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a. Number of bonds outstanding

Explanation:

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3 years ago
December 31. Adjusting for the salaries and benefits expense for the last three days of the accounting period would
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A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent on its liabilities. the bank's inte
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A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent on its liabilities. the bank's interest rate spread is <u>1.25 percent</u>

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The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized. Interest rates fluctuate in response to market supply and demand.

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