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leonid [27]
3 years ago
11

Why is looking at cash flow an important step in a good financial plan?

Business
1 answer:
Kobotan [32]3 years ago
8 0
Cash flow refers to the constant movement of money, both where and how much you're spending as well as how much you're earning in return. Looking at cash flow is an important step in a good financial plan because it can help you determine places where you need to scale back on spending. For example, if you buy a $2 cookie every day, it won't feel like you're spending a lot of money. But after a month, you will have spent $60 on cookies that could have gone to something else, like car repairments. By being aware of this spending, you can save more money and have better control of spending habits.
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Answer:

The price of tee times needs to be decreased by 6.67%.

Explanation:

The manager wants to increase the number of tee times sold by 10 percent.

The price elasticity of demand for tee times is –1.5.

Percentage change in price of tee times to increase the demand by 10%

Price elasticity of demand = \frac{\% \Delta Q}{\% \Delta P}

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3 years ago
How many slides would be in a PowerPoint presentation based on the formatting of the Word outline?
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Answer:

Promissory agreement and Deed of trust.

Explanation:

In this scenario, Seller Dayne was made aware by the trustee that the lender was wanting to proceed with foreclosure on his property. The type of financial agreement that Seller Dayne have with this lender is a Promissory agreement and Deed of trust.

A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

On the other hand, a deed of trust can be defined as a legal document used by a party (borrower) to pledge his or her property to another party (lender) as guarantee or collateral for the repayment of a loan. The deed of trust is typically made up of three (3) parties; the lender, borrower and a trustee.

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3 years ago
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Answer:

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3 years ago
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