The correct statement is that in the <u>spreadsheet </u>below, a <u>financial plan</u> for<u> </u><u>protecting assets </u>is missing. So, the correct option is C.
A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.
<h3>Financial Plan </h3>
A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.
In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.
So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.
Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.
Learn more about Financial Plan here:
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Answer:
The answer is: Downward pressure on the Argentine peso's forward rate
Explanation:
Forward rates are interest rates applicable to financial transactions that will happen in the future.
Currently the Argentine peso is yielding a high interest rate. If American firms try to benefit from this by investing in financial transactions involving Argentine pesos, they will eventually put downward pressure to reduce Argentine peso's forward rate. As the demand for Argentine pesos increase, they will yield lower interest rates.
Answer:
True
Explanation:
This is true as by doing this you will be able to understand what is in demand in order to gain loyal customers for the business' growth and fill a gap in the market industry.
<span>The fact that Jefferson owned slaves which holding the belief that slavery was immoral and wrong perfectly illustrates the gap between ideals and practices. Jefferson's worked for years to help end the slave trade and ultimately criminalized international slave trade while president. This shows that his ideals were against slavery. However, in personal practice, most of Jerfferson's wealth stemmed from the slaves that operated his family's plantation.</span>
Answer:
The total product costs for the year is $13,215,000
Explanation:
The computation of the total product cost is shown below:
= Direct material used + wages to line workers + Office Rent + indirect Materials Used
= $555,000 + $125,000 $46,500 + $595,000
=$13,215,000
The Office Rent + indirect Materials Used is called manufacturing overhead cost.
All these costs which are mentioned in the question are product cost.
