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andreyandreev [35.5K]
3 years ago
6

The first step of the financial planning process is to: A. develop financial goals. B. implement the financial plan. C. analyze

your current personal and financial situation. D. evaluate and revise your actions.
Business
2 answers:
Serga [27]3 years ago
6 0
The answer is C. analyze your current personal and financial situation
mafiozo [28]3 years ago
3 0

Answer:

analyze your current personal and financial situation.

Explanation:

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Pascal is a customer-service representative who handles phone inquiries. He has a goal of handling 12 calls per hour. When he ge
Montano1993 [528]

Answer:

A. Ill-conceived goals

Explanation:

Ill-conceived goals refers to setting of goals or incentives in order to promote a desired behavior whereas indirectly encouraging a negative one.

When setting ill-conceived goals, the unintended effects of these goals should duly be taken into consideration.

7 0
2 years ago
Read 2 more answers
Which demand situation occurs when a competitor offers a similar product or service at a lower price?
Naya [18.7K]

Answer:

Falling demand

Explanation:

Falling demand refers to a situation where the sales volume of a good or service is on a continuous decline compared to the previous seasons. Consumers are no longer finding that particular product or service appealing to buy. Falling or declining is also referred to as faltering demand.

The introduction of a similar product by competitors at a lower price may lead to a decline in demand for the existing goods. Customers will prefer the new cheaper product. As a result, the more expensive and old product will experience falling demand.

3 0
3 years ago
At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha
KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

7 0
3 years ago
The interest rate on short-term U.S. government bonds is 4 percent. The risk premium for any asset with a beta = 1.0 is 6 percen
Basile [38]

Answer:

The average expected rate of return on the market portfolio is 10 percent.

Explanation:

The CAPM (fixed asset pricing) model describes the relationship between systematic risk and expected return on assets, especially stocks. CAPM is widely used throughout the financial community to value high-risk securities and achieve the expected returns on assets when taking into account the risk of those assets and the cost of capital.

The formula for calculating the expected return on an asset taking into account its risk is as follows:

ERi = Rf + βi (ERm - Rf)

where:

ERi = expected return on investment

Rf = risk-free interest rate = 4 percent.

βi = beta inversion =1.0

(ERm −Rf) = market risk premium = 6 percent.

ERi = 4 + 1 ×(6) =10

The average expected rate of return on the market portfolio is 10 percent.

6 0
3 years ago
Total revenue equals A. change in price per unit times quantity sold. B. price per unit times change in quantity sold. C. price
Dmitriy789 [7]

Answer:

C. price per unit times quantity sold.

Explanation:

Total revenue is defined as the revenues that are received from the sales of units of goods and services. It is price multiplied by quantity sold.

Total revenue can also be seen as price per unit times quantity is sold. For example if the unit price of a good is $2 the price per one unit is $2. When 20 units are sold the price per units sold is 20* $2= $40.

So times that a defined unit of goods is sold multiplied by price gives the total revenue.

7 0
3 years ago
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