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UNO [17]
3 years ago
9

What is the first step of the five-step financial planning process?.

Business
1 answer:
dexar [7]3 years ago
7 0

setting smart goals or knowing your financial situation

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Sweatshirts Ltd. is downsizing. The company paid a $3.80 annual dividend last year and has announced plans to lower the dividend
DIA [1.3K]

Answer:

$9.79

Explanation:

let:

Po is the price of stock

Div1 is the estimated dividends for next period

r is the required rate of return

g is the growth rate

Div1 = $3.80 * (1 - 15%)

       = $3.23

Po = Div1/(r - g)

     = $3.23/(0.18 - (-0.15))

     = $9.79

Therefore, your shares in this firm worth today on a per share basis is $9.79

5 0
3 years ago
An amendment to the texas constitution requires a balanced budget. This means that _____.
marissa [1.9K]

Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

<h3>What does Texas Constitution require a balanced budget?</h3>
  • Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
  • A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.

An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.

To learn more about balanced constitutional budget amendment, refer to:

brainly.com/question/8873582

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2 years ago
In the rush to get ready for lecture, a physics professor leaves the hair dryer described in the previous problem running and do
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<span>Which factor or factors have been predominant in shaping U.S. health care? What have been their effects?</span>
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Question 14 of 20
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C

Explanation:

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Wesley has recently graduated and accepted his dream position with a law firm. The human resources team has requested that he tu
artcher [175]

Answer:

The name of the document is Curriculum Vitae.

Explanation:

Curriculum Vitae  (CV) is a document that provides detail information about an individual's educational and work history. In this document, you list the qualifications to apply for employment.

There are no fixed rules on the length and content of a C.V. Generally it follows the next structure. Begin with your contact information, such as your complete name, address, telephone number, and email address. You must also indicate your area or areas of academic interest. It should include a personal profile, career objective, and professional profile, it’s a short paragraph giving prospective employers an overview of who you are and what you’re all about.

Focus on your experience and educational background, for example, schools attended and degrees earned, your CV should include a comprehensive account of your academic history.

You can add sections like key skills, hobbies, interests, and references.

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