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3 years ago

Why is it important to start investing for retirement at an early age?

1 answer:

5 0

So you are more experienced when making future investments, you have more positive spending habits and can afford things other may not be able to at that age.

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You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost

Simora [160]

Buy shares in a mutual fund. Mutual funds pool savings from many individual investors and then
invest in a diversified portfolio of securities. Each individual investor then owns a proportionate
share of the mutual fund's portfolio.

4 0

3 years ago

Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia

Elden [556K]

Answer:

C. A discipline that enhances the degree of confidence that users can place in financial statements.

Explanation:

Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.

8 0

3 years ago

The board of directors of Capstone Inc. declared a $0.40 per share cash dividend on its $3 par common stock. On the date of decl

Doss [256]

Answer:

$7,200

Explanation:

To solve this problem, we use the calculation of dividends formula.

This is represented as follows:

Dividends = (Number of shares issued - Treasury stock held) * dividend per share

According to the parameters in the question, number of shares issued = 23,000

Treasury stock held = 5,000

Dividend per share = $0.40

Substituting these values, we have:

Dividends = (23,000-5,000) * $0.4

Dividends = 18,000 * $0.4 = $7,200

The entry when the dividend is declared is $7,200

6 0

3 years ago

Read 2 more answers

"Glenn runs his own sign shop, where he does his own advertising, cleanup and stocking the shelves. He benefits from his own pro

Korolek [52]

Answer:

Self Employed

Explanation:

Self employed is the person who not working under someone and is independent to work or is owner of the business. In this case, Glenn is owner of his shop and is working for his own business not for someone else so he is self-employed. Another examples of self employed are freelancers, shopkeepers (who own the business), owner of utensil stores, etc.

In simple words the owner of the business is self employed.

3 0

3 years ago

Your boss has asked you to implement a non-disruptive and incremental approach to ensure business process excellence. What kind

Vesnalui [34]

Answer:

I would propose a business process improvement (BPI) where management will analyze business procedures and try to determine which ones can be improved and how they should be improved. The advantage of using BPI is that it focuses on organizing work around business processes and not individual tasks which makes it non-disruptive, and it is also incremental in nature.

5 0

4 years ago