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DochEvi [55]
3 years ago
13

You are 50 years old and proud of having $75,000 invested in a mutual fund earning an impressive 17% per year. you want to retir

e when you are 65 years old and are confident you’ll reach your goal of $1,000,000 by then. will you make it? if not, what yield would see that you do?
Business
1 answer:
shtirl [24]3 years ago
8 0
I am really not sure but i will be honest with you i would have to say yes he will make it but if he don't he could always ask for a raise to make his goal
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What is one financial goal that you have? How do larger economic factors influence your pursuit of this goal?
MA_775_DIABLO [31]
If u want to succeed in live you have to but effort into what you are doing like your job and ur carreer

8 0
3 years ago
Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies that can't raise
sergey [27]

Answera dnd Explanation:

A. The incentive conflict in principal-agent relationship as it concerns venture capitalism is conflict between venture capitalists who are the principals and the managers of the business investment who are the agents. The conflict is that venture capitalists are put to increase value of their investment and make profit while salaried managers are only out to feel their pockets through their managerial role in the company as they do not have an interest in the company and are unaffected by the loss or failure of the company. This is known as the principal agent moral hazard issue in venture capitalism

B. By managers maintaining some ownership in the company, there us reduced conflict as managers now see a reason to make sure company succeeds since they have an interest

Venture capitalists aim to have a seat in the board to make sure managers do not take bad decisions since they are able to veto such decisions

4 0
4 years ago
The government is required to provide legal counsel to all federal defendants who are unable to afford their own attorney. True
Yanka [14]

The Sixth Amendment guarantees the right of criminal suspects to have an attorney defend them in court. This right does not depend on the defendant's ability to pay attorneys' fees. If the defendant cannot afford one, the government must provide one.

An amendment is a formal or official change to a statute, treaty, constitution, or legal document. It is based on the verb 'change' which means 'to change for the better.

Changes may add, remove or update portions of this Agreement. They are often used when it is better to modify a document than to create a new one. Only legislative bodies are involved in the change process.

learn more about amendments here.   brainly.com/question/458137

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5 0
2 years ago
Presented below are the basic assumptions and principles underlying financial statements. a. Historical cost principle d. Going
dimulka [17.4K]

Answer:

1. Periodicity assumption.

2. Going concern assumption.

3. Historical cost principle.

4. Economic entity assumption.

5. Full disclosure principle.

6. Monetary unit assumption.

Explanation:

1. <u><em>Periodicity assumption</em></u>: The economic life of a business can be divided into artificial time periods. It is also known as the Time period assumption.

2. <em><u>Going concern assumption</u></em>: The business will continue in operation long enough to carry out its existing objectives.

3. <em><u>Historical cost principle</u></em>: Assets should be recorded at their acquisition cost.

4. <em><u>Economic entity assumption</u></em>: Economic events can be identified with a particular unit of accountability.

5. <em><u>Full disclosure principle</u></em>: Circumstances and events that could make a difference to financial statement users should be disclosed.

6. <em><u>Monetary unit assumption</u></em>: Only transaction data that can be expressed in terms of money should be included in the accounting records.

5 0
3 years ago
What is the difference between a demand curve and a demand schedule?
svetlana [45]

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

5 0
3 years ago
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