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Elena L [17]
2 years ago
7

True or false: It's inevitable that budgeting will hinder enjoyment of life, forcing people to make financial sacrifices.

Business
1 answer:
NeTakaya2 years ago
7 0

Based on financial analysis, it is <u>False</u> that It's inevitable that budgeting will hinder the enjoyment of life, forcing people to make financial sacrifices.

<h3>What is Budgeting?</h3>

Budgeting Is the process of making a financial plan which includes planning on expenses, revenue, savings, assets, liabilities, cash flow, etc.

<h3>Benefits of Budgeting</h3>

There are various benefits of budgeting, some of which include the following:

  • For providing limits or guides to spend.
  • To achieve financial goals.
  • To prepare for emergencies.
  • To aid better retirement, etc.

Hence, in this case, it is concluded that the correct answer is "<u>False</u>."

Learn more about Budgeting here: brainly.com/question/22532334

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Clara is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she
EastWind [94]

Answer:

Eye Remember Enterprises

Explanation:

In finance, standard deviation is the mostly used metric that is used to determine stability or variability and relative risk of investments.

Standard deviation in finance shows the the historical volatility of an investment when it is applied to that investment's annual rate of return.

When the standard deviation of securities is high, the variance between the mean price and price of each security will also be high. Likewise, when the standard deviation of securities is low, the variance between the mean and price of each security will also be low.

The standard deviation of volatile stock is usually high, while a stable stock usually has a low standard deviation.

Therefore, the stock of Eye Remember Enterprises would give Clara a stable long-term investment because the standard deviation of its prices of $1.05 is lower than $9.65 which is the standard deviation of stock prices of Masterful Pocket Watches.

6 0
3 years ago
Units produced and sold 600,000 units Selling price $ 35 / unit Variable manufacturing costs $ 20 / unit Fixed manufacturing cos
Kazeer [188]

Answer:

The lowest selling price Geneva should accept for this purchase order is $20 per unit

Explanation:

Geneva produced dolls with Variable manufacturing costs $20 per unit.

Geneva receives a purchase order to make 5,000 dolls as a one-time event and this order is during a period when Geneva does have sufficient excess capacity.

Fixed cost did not change and there was no Variable selling and administrative costs for this order.

The lowest selling price Geneva should accept for this purchase order = Variable manufacturing costs = $20 per unit

8 0
3 years ago
You price a product at $100. Its cost you s60 to make. What is your percentage margin?
BARSIC [14]

the percentage margin is40%

4 0
3 years ago
Steven is trying to save for a new car. What does he need to created to help him decide how much of his income needs to be used
Andrej [43]

Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.

7 0
3 years ago
Read 2 more answers
Kelly Slater owns a parcel of land in Palm Springs and is considering two possible development options which both use his signat
expeople1 [14]

Answer:

d. Choose Option B because it has a higher NPV

Explanation:

The computation is shown below:

For Option A:

Investment = $10 million

Present Value of cash flows = Cash flow ÷ Discounting rate

= $2 ÷  10%

= $20 million

Now

NPV = $20 - $10

= $10 million

We know that

IRR is the rate at which the NPV will be zero

So,  2 ÷  r - 10 = 0

r = 20%

For Option B:

Investment = $50 million

Present Value of cash flows = $6.5 ÷  10% = $65 million

NPV = $65 - $50 = $15 million

we know that

IRR is the rate at which the NPV will be zero

So, 6.5÷ r -50 = 0

r = 13%

Based on NPV, Option B should be selected as it contains higher NPV as compared to option A.

However, Based on IRR, Option A should be chosen as it contains higher IRR and a higher IRR represent a higher profit percentage

 

7 0
3 years ago
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