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enot [183]
3 years ago
15

Peter is planning his finances for the next couple of years. He wants to save money to eventually buy a house because he will be

getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down payment
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the________
phase of the financial life cycle.

Fill in the blank
Business
2 answers:
Vinil7 [7]3 years ago
5 0
Beginning is the correct answer
myrzilka [38]3 years ago
4 0

Answer:

Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer

Explanation:

Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer Beginning is the correct answer

You might be interested in
Rick Co. had 35 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc
Stella [2.4K]

Answer:

None of the choices are correct

Explanation:

We use the par value of stock to determine the dividend instead of the market value of stock.

<u><em>Dividend Calculation :</em></u>

Dividend = 35,000,000 shares x $1 x 1%

               = $350,000

<u><em>Journal :</em></u>

Debit  : Dividend $350,000

Credit : Cash $350,000

3 0
3 years ago
The human resources department at a major high tech company recently conducted an employee satisfaction survey of 100 of its 300
ladessa [460]

Answer: Gender and marital status and Job title.

Explanation:

Ratio scale simply refers to a form of quantitative variable measurement scale whereby differences can be compared by the researcher.

Of the options given among variables listed are considered to be ratio level data are gender, marital status and Job title.

5 0
3 years ago
Assuming purchase costs are rising, determine which statements below are correct regardingthe cost of goods sold under FIFO, LIF
Contact [7]

Answer:

1. Companies using FIFO will report the highest gross profit and net income.

2. Companies using FIFO will report the smallest cost of goods sold.

3. Weighted average cost of goods sold will be between FIFO and LIFO costs of goods sold.

4. Companies using FIFO will pay higher taxes than companies using LIFO, assuming all else being equal.

Explanation:

If costs are rising, companies using FIFO will report higher profits simply because they calculate cost of goods sold based on the oldest products which were purchased at a lower cost.

FIFO and LIFO costs will be the extreme points, FIFO showing lowest costs while LIFO will result in the highest costs, while the weighted average will be in between.

Since companies using FIFO report higher profits, they will have to pay more taxes.

8 0
4 years ago
The ________ method determines the budget required to undertake specific tasks to accomplish communication objectives.
marta [7]

The Objective-&-Task Method determines the budget required to undertake specific tasks to accomplish communication objectives.

The objective and the task method is a type of method that is used in the business environment whereby a business would set a particular amount of money to its budget in order to achieve specific objectives.

The business would do this instead of just choosing an amount or using sales revenues alone to make budgets.

Read more on brainly.com/question/14279307?referrer=searchResults

6 0
2 years ago
Read 2 more answers
Use the following information to answer the question(s) below. A company near a large city is required to keep its smokestack po
meriva

Answer:

Over this 10-year period, the benefit to cost ratio is:

= 1.33.

Explanation:

a) Data and Calculations:

Cost of additional anti-pollution equipment = $2 million

Estimated useful life of the equipment = 10 years

Additional annual labor cost for equipment usage = $100,000

This gives a total labor cost of $1 million over the 10-year period.

Therefore, the total cost = $3 million

Savings (benefits) from lowering the air pollutants in the region = $4 million in medical expenses.

The benefit-to-cost ratio (BCR) = $4/$3 = 1.33

b) The Benefit-to-cost ratio (BCR) is a cost–benefit analysis that summarizes the value-for-money of a project by expressing the relationship between the project's benefits and costs in monetary terms. The BCR shows the future profitability of investment alternatives or options. It is normally expressed in terms of net present value.

8 0
3 years ago
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