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Agata [3.3K]
3 years ago
6

Define financial literacy and financial planning in your own word

Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

Financial literacy is the capacity to grasp and use different financial skills effectively.

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The marginal benefit of an additional beach towel is $12. The marginal cost of producing an additional beach towel is $8. If pro
valkas [14]

Answer:

The correct answer is: D. beach towel production is not allocatively efficient but is productively efficient.

Explanation:

Production costs are the night terror that keeps many business owners awake. These costs seem to have a mind of their own and the only solution is to keep track of them to keep them under control. A successful entrepreneur must find a way to operate his business efficiently and profitably to always be aware of production costs. And for this, it is best to track expenses to see if labor, materials or overhead are exceeding the amounts allocated in a budget at each stage of production.

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3 years ago
What are the <img src="https://tex.z-dn.net/?f=%20%5Ctt%20%5Cpink%7BPrinciples%7D%20" id="TexFormula1" title=" \tt \pink{Princip
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<h3>There are fourteen principles of management. They are:</h3>

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  7. Remuneration
  8. Centralization
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8 0
2 years ago
After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) fro
xenn [34]

Answer:

The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.

Cheers

5 0
3 years ago
A founder owns 100% of a company and there are no options outstanding and no option pool for options to be granted later. An inv
zloy xaker [14]

Answer:

Share of founder in the company will be 50 %

Explanation:

We have given Initial ownership pattern

Founder owns 100 % of the company

A new investor wants 30% and also  option pool of 20% is also required

Now if the option pool is pre-money, then the option pool is created without impacting the desired investor ownership%;

Investor=30%

Option pool=20%

So founder = 100-30-20 = 50 %

So the share of founder in the company will be 50 %

8 0
3 years ago
Spencer has an investment in two parcels of vacant land. parcel 1 is a capital asset and parcel 2 is a § 1231 asset. spencer alr
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I'm so sorry I don't know hopefully someone will help u
8 0
4 years ago
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