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Vikentia [17]
3 years ago
13

Why is a spending plan an important part of financial planning? Choose all that are correct. а b C Helps to manage your money in

a positive manner Helps to set and reach goals Tells you what your net worth is Helps to analyze the opportunity costs of your trade-offs to maximize financial well-being Can help to Increase net worth ​
Business
1 answer:
Savatey [412]3 years ago
3 0

Answer:

- Helps to manage your money in a positive manner.

- Helps to analyze the opportunity costs of your trade-offs to maximize financial well-being.

- Can help to increase net worth.

Explanation:

Having a Spending plan is very crucial to ensure that you have a sufficient amount of money every time in order to use it in time of need or emergency. It helps in keeping control and management of the money you spend which promotes a managed financial future. This further enhances your net worth as an individual by preventing unnecessary expenses and also assist in attaining financial goals more effectively and efficiently.

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Which of the following is not a type of qualitative forecasting?
Svetradugi [14.3K]

The following that is not a type of qualitative forecasting is<u> </u><u>Moving Averages</u>

Qualitative forecasting has to do with the use of feedback and other research data to make a prediction about how the finances of a company is likely to change in a period of time.

This qualitative research is done by making analysis of the amount of money gotten in the past by the company to estimate future financial operations.

There are four types of qualitative forecasting such as:

  • Executive Opinions
  • Consumer Surveys.
  • Delphi Method
  • Sales Force Polling

Therefore, the correct answer is Moving Averages.

Read more here:

brainly.com/question/8201684

7 0
3 years ago
The retail mall owner told a marketing researcher, "We have the option of staying open late twice a week or opening up an hour e
Alborosie

Answer:

develop your research plan

Explanation:

The five steps in the marketing research process are:

  1. Define the problem (or opportunity)
  2. Determine your research design
  3. Develop your research plan: during this step you design your research tool, e.g. questionnaires, focus groups, etc. You must also prepare a budget that covers the costs of carrying out your research plan.
  4. Collect relevant data.
  5. Analyze data.
  6. Visualize data and report findings.
4 0
3 years ago
What is the effect on real GDP of a ​$150 billion change in planned investment if the MPC is ​0.65? ​$ nothing billion. ​(Enter
ExtremeBDS [4]

Answer and Explanation:

The computation of the effect on real GDP is shown below:

change in GDP is

= Multiplier × change in investment

= 1 ÷ (1 - MPC) × change in investment

= 1 ÷ (1 - 0.65) × $150 billion

= 2  × $150 billion

= $300 billion

And, the marginal propensity to consume is

= Change in spending of consumer ÷ income change

= (2,100 - 1,200) ÷ (4,000 - 3,000)

= 900 ÷ 1,000

= 0.9

6 0
2 years ago
A large corporation that has its headquarters in Boston, manufacturing plants in Indonesia, and regional offices and retail stor
Alla [95]
Multinational company
6 0
3 years ago
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
anyanavicka [17]

Answer:

$81,000

Explanation:

Segment margin is derived by deducting all expenses that are directly traceable to the segment and it does not include corporate common expenses.

Particulars                         Amount

Contribution                       $132,000  [33,000*(8-4)]

Less: Direct fixed cost      <u>($51,000)</u>

Segment Margin               <u>$81,000</u>

So, Carter's segment margin for the West Division is $81,000.

8 0
3 years ago
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