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kobusy [5.1K]
3 years ago
8

A.J., a 20-something college graduate, was recently hired as a financial-analyst assistant for a large company. He recalled that

business school stressed that he manage his personal finances as prudently as he manages the financial concerns of his company. A.J. has come to you to assist him in developing a systematic approach to managing his own finances. As a start, your advice is to:
Business
1 answer:
Helga [31]3 years ago
4 0

Answer:

prepare an expense record, and make certain that his credit is good so he can continue to spend more than he makes

Explanation:

Since in the question it is mentioned that an individual is recently hired as a financial analyst for a big company he remebered that how he can manage his personal finance and the financial concerns so in order to maintain its approach with respect to his own finance we should suggest that first prepare the record of an expense and also certain about the good credit score so that he is able to spend more

Therefore the first option is correct

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1. Production in insurance refers to the policies they produce: * True or False?
frosja888 [35]

Answer:

false

Explanation:

8 0
2 years ago
The following cost data pertain to the operations of Bouffard Department Stores, Inc., for the month of May. Corporate legal off
Ludmilka [50]

Answer:

The correct answer is C: $70,000

Explanation:

Giving the following information:

Corporate legal office salaries $68,000

Shoe Department cost of sales-Brentwood Store $29,000

Corporate headquarters building lease $86,000

Store manager's salary-Brentwood Store $12,000

Shoe Department sales commissions-Brentwood Store $5,000

Store utilities-Brentwood Store $10,000

Shoe Department manager's salary-Brentwood Store $4,000

Central warehouse lease cost $7,000

Janitorial costs-Brentwood Store $10,000

The Brentwood Store is just one of many stores owned and operated by the company.

The Shoe Department is one of many departments at the Brentwood Store.

The central warehouse serves all of the company's stores.

Direct Costs of the shoe department:

Shoe Department cost of sales-Brentwood Store $29,000

Store manager's salary-Brentwood Store $12,000

Shoe Department sales commissions-Brentwood Store $5,000

Store utilities-Brentwood Store $10,000

Shoe Department manager's salary-Brentwood Store $4,000

Janitorial costs-Brentwood Store $10,000

Total= $70,000

4 0
4 years ago
Luke is going to school to get a degree in Veterinary Medicine. He wants to work in an animal hospital after he graduates. Which
Allushta [10]
The answer is D Hope it helps.
5 0
4 years ago
Read 2 more answers
1. If you had $1,000 to invest into the following funds, which one would have the highest value (not including any fees) at the
Art [367]
Orange Fund with Year 1 return of 0% & Year 2 return of 0%.
4 0
4 years ago
Read 2 more answers
​Colgate-Palmolive Company has just paid an annual dividend of $ 1.09. Analysts are predicting dividends to grow by $ 0.19 per y
sveta [45]

Answer:

$74.62

Explanation:

Div₀ = $1.09

expected growth $0.19 per year

Div₁ = $1.28

Div₂ = $1.47

Div₃ = $1.66

Div₄ = $1.85

Div₅ = $2.04

then constant growth rte of 5.3%

equity cost = 7.5%

first we need to determine the stock price in year 5 using the Gordon growth model:

stock price = [dividend x (1+g)] / (Re - g) = ($2.04 x 1.053) / (7.5% - 5.3%) = $97.64

now we can discount all the future cash flows:

stock price = $1.28/1.075 + $1.47/1.075² + $1.66/1.075³ + $1.85/1.075⁴ + $2.04/1.075⁵ + $97.64/1.075⁵ = $1.19 + $1.27 + $1.34 + $1.39 + $1.42 + $68.01 = $74.62

8 0
3 years ago
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