Answer:
Establishing and defining the client-planner relationship is the first step in the financial planning process.
<u>Explanation:</u>
Financial planning is a technique that determines how a business or an organization plans to achieve its goal and objectives. This plan enables the necessary activities, resources, and materials used to achieve the objectives of a business.
The financial planning process typically involves 6 major steps to clear the organization objectives.
- First step is used to determine the financial status of an organization based upon incomes, savings and profits earned.
- The second step defines the needs and wants of an individual in framing his goal.
- The third step is used to develop alternate methods in solving problems.
- The fourth step evaluates the alternate methods and it suggest the best alternative to be followed.
- The fifth step suggest the individual to take necessary action to achieve their goals.
- The sixth step implements the method of revising and rescheduling the actions as per the plan to clear the objectives.
Answer:
A hypotonic solution
Explanation:
correct answer is A hypotonic solution Because the hypotonic solvents are diluted, the water in the solution passes through the half-layers of the blood cells, causing them to swell. This can temporarily increase blood pressure, as it increases circulation volume. Hypertonic solutions remove water from body cells, while isotonic solutions have little effect on the distribution of body fluids. Blood transfusions do not enter the body's cells.
<span>The situation in which dynamic explosives is trying to decide whether or not to launch a new product nationally represents a nonprogrammed decision.
</span><span>he nonprogrammed decision is characterized with uncertainty and higher level of risk involved regarding the </span>decision. It is u<span>sed for unique situations. </span>
Answer:
Testerman Construction Co.
Internal rate of return method in analyzing capital expenditure:
Present value of expenditure = $149,630
Present of cash inflows annuity = $149,630 (using 20% discount rate and present value annuity factor of 3.3251 x $45,000)
NPV = $0 (PV of cash outflow - PV of cash inflow)
Therefore, the IRR = 20%
Explanation:
a) Data and Calculations:
Investment cost = $149,630
Annual net cash flows = $45,000
Investment period = 6 years
Annuity of future cash flows = 3.3251
b) Testerman’s IRR (Internal Rate of Return) is a capital budgeting and analysis tool which determines the discount rate that makes the present value of future inflows equal to the present value of outflows from a project. This IRR helps the managers to determine the projects that add value and are worth undertaking. IRR is based on assumptions. Similar projects with the same IRR will differ in returns due to the differences in timing and the size of the cash, the amount of debts and equity used to generate the returns, and the assumption of a constant reinvestment may which IRR makes.
