1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivan
2 years ago
12

Make a simple poem regarding the learning’s that you acquired in managing the finances. (4 Stanzas only with rhyme and with no m

eter)
Business
1 answer:
dangina [55]2 years ago
4 0

Answer:

My net worth is my assets less my liabilities

I should therefore not spend above my capabilities

Pay off the debt required and then a little more

That way I can have, a great credit score

Like everything else, I must plan my finances

Create a budget and include my expenses

And make space for an emergency fund

So on rainy days I don't find myself cashless and hamstrung

Its important to remember that I won't work forever

I should therefore set something aside, to fall back on

When I'm too old and grey to embark on strenuous endeavor

I'll be well taken care of because I remembered my pension

And I shouldn't forget, to keep a proper record

Get educated in a financially sound method

That way I can know what comes in and what goes out

I'll be sure of my situation and leave room for no doubt

You might be interested in
What 3 documents are necessary during home buyer prequalification
joja [24]
I know you need income statements, tax returns, and a credit check.  I just went through this.  First, they run your credit with a "soft pull".  Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for.  Then they want to see your tax returns to prove that income, and how long you've had it.  
3 0
3 years ago
Dakota Corporation decided to issue three-year bonds denominated in 5 million Russian rubles at par. The bonds have a coupon rat
sertanlavr [38]

Answer:

23.39%

Explanation:

From the given information, the amount was raised in rubies, Hence, we will convert them to dollars to be able to pay back the needed obligations.

However, according to the exchange rates, the IRR of dollar cash flow is the actual cost of financing that the company will address.

By applying the EXCEL FORMULA to compute the actual cost of financing, we get;

   A                    B                    C                    D                          E

Coupon              17%

Year                      0                    1                    2                         3

Cashflow in

rubles            5,000,000   5000000*17%  5000000*17%    5000000+850

                                           = 850000          = 850000         000

                                                                                                 = 5850000

Exchange          $0.30         $0.032                 $0.034              $0.035

rate

(per rubles)   5,000,000       5,000,000          5,000,000      5,000,000

Cash flow      × 0.03            × 0.032               × 0.034           × 0.035

in dollars    =  $150000.00  27200.00        28900.00           204750.00

IRR                   23.39%

8 0
3 years ago
"The best business portfolio is the one that ________.
diamong [38]

Answer:

The correct answer is option B,the business portfolio is the one that best fits the company's strengths and weaknesses to opportunities in the environment.

Explanation:

SWOT analysis is a performance appraisal technique that is used in analyzing organization based on its strengths and weaknesses (in internal environment) as a means to exploring opportunities and reducing threats from external environment.

The best a company can offer its customers in terms of products and services is that combination that maximizes it strengths and opportunities while also minimizing its weaknesses and threats.

8 0
3 years ago
Exercise 05-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it wil
Stels [109]

Answer:

Explanation:

1. Fixed Costs = 160,000

Pretax income = 164,000

Total contribution desired = 324,000 [160,000+164,000]

CM Ratio = 0.25

Sales = 324,000/0.25 = 1,296,000

2. Variable costs = Sales - Fixed costs - Pretax income = 1,296,000 - 160,000 - 164,000 = 972,000

So Total Sales amount to $1,296,000 and Variable cost is $972,000

7 0
3 years ago
Read 2 more answers
Which of the following is not one of the risks that you, as an entrepreneur would take on?
svp [43]
This is a question for you. Which one would you choose? I don’t think there is a wrong answer.
6 0
2 years ago
Read 2 more answers
Other questions:
  • RGDP in the United States has grown at an average annual rate of 3% in the last couple of decades. If the RGDP annual growth rat
    9·1 answer
  • Wich type of financial institutions typically has a membership requirement ?
    11·2 answers
  • When might be the best time to start saving for retirement?
    12·2 answers
  • Define market plan for marketing
    14·1 answer
  • What's microeconomy​
    14·1 answer
  • Its retained earnings is the actual cash that the firm has generated through operations less the cash that has been paid out to
    10·1 answer
  • A home buyer can afford to spend no more than $1500/month on mortgage payments. Suppose that the interest rate is 6%, that inter
    7·1 answer
  • Nae Nae Killua (( lol idek just bored ))
    5·2 answers
  • On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued
    15·1 answer
  • A smartphone manufacturer asks its designers to investigate how their products can better support visually impaired users. which
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!