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3 years ago

Our financial decisions decrease once we reach adulthood true or false

Business

2 answers:

inna [77]3 years ago

5 0

The correct answer is False

Explanation:

Financial decisions are related to money management. This includes decisions related to a company or business in case you own or manage one and decisions related to personal finances such as saving money, paying the bills, using credit, etc.

In general terms, our financial decisions increase as we reach adulthood because once we are adults we earn our own money and are responsible for ourselves; this is related to multiple decision on how to spend money that includes paying for housing, food, taxes, among others; also, there are financial services such as using credit card, loans, savings accounts. This does not occur when we are children or even teenagers as in most cases our parents and family make decisions on how to spend/ save money.

Burka [1]3 years ago

4 0

That statement is false. Your financial decision will not decrease when you have become an adult,

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Revenue is projected at $125,000 for the month. you are seeking to have a rent of 8%. additionally, you have "common area" fees,

Alexandra [31]

To determine the amount of money that has to be spent for the rent and the "common area" fees, multiply the revenue by the decimal equivalent of the given percentages.
rent = ($125000)(0.08) = $10,000
"common area" fee = ($125000)(0.03) = $3750

Adding these numbers will give us the final answer of $13750.

ANSWER: $13750.

8 0

3 years ago

The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated

liraira [26]

Answer:

The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated financial statements because:

<em>- usually from a consolidated statements, transactions with outside parties are only reflected. </em>

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3 0

3 years ago

MV Corporation has debt with market value of $ 95 million, common equity with a book value of $ 102 million, and preferred sto

irakobra [83]

Answer:

Total market value $383.8 million

Debt is 24.75%

Preferred stock is 5.21%

Common equity is 70.03%

Explanation:

Calculation of the weights that MV Corporation should use in its WACC

Debt value : $95 million

Preferred stock value : $20 million

Market value of common equity:

$48 per share×5.6million shares= $268.8 million

Total market value of firm: $95 +20 +268.8 =$383.8 million

Weights for WACC calculation:

Debt =95/383.8

=24.75%

Preferred Stock =20/383.8

=5.21%

Common Equity =268.8/383.8

=70.03%

Therefore the total market value of the firm will be $383.8 million Debt is 24.85% of the total value, preferred stock is 5.21%, and common equity is 70.03%

4 0

4 years ago

Between the end of the Civil War and the early twentieth century, the United States experienced stagnant economic growth and the

pogonyaev

Answer:

B. False

Explanation:

There was economic prosperity in the US economy.

7 0

3 years ago

The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, whil

SpyIntel [72]

Answer:

3.27

Explanation:

Calculation to determine the enterprise value-EBITDA multiple for this company

First step is to calculate the

Enterprise value

Using this formula

Enterprise value = Market Capitalization + Total Debt - Cash and equivalents

Let plug in the formula

Enterprise value=$582000 + $192000 - $21000

Enterprise value=$753000

Second step is calculate EBITDA using this formula

EBITDA = EBIT + Depreciation and Amortization

Let plug in the formula

EBITDA= $93000 + $137000

EBITDA=$230,000

Now let determine the EBITDA multiple using this formula

EBITDA multiple = Enterprise Value / EBITDA

Let plug in the formula

EBITDA multiple=$753000 / $230000

EBITDA multiple= 3.27

Therefore enterprise value-EBITDA multiple for this company is 3.27

8 0

3 years ago