Answer:
C. consumers maximize their utility.
Explanation:
Maximizing the utility is only possible if the consumer can get maximum satisfaction out of every penny spent on the product. Consumer allocates their money so that they get a return on every allocated money. The condition for maximizing the utility is that a consumer equalizes the marginal utility per dollar spent. Therefore, there is an old saying "getting the biggest bang for your buck".
Answer: Please refer to Explanation
Explanation:
If your employer offers a retirement plan, don’t participate in it. Yes.
Having a retirement plan with your employer especially one in which you are a 100% vested is a drain on your income. It might have benefits in future when you retire but if you want to engage in financial planning, you need to have access to every penny and that includes the money going to the retirement plan.
Don’t bother to set target dates for achieving your financial goals. No
Setting a target date for various amounts in your financial goals enables you to work towards them with more determination. It is important to set target dates.
Pay credit card balances in full each month. Yes
Paying your credit card balance in full every month helps you avoid interest accruing as well as increasing your credit score. It is therefore very important to pay off the balance in full every month which will be easier as long as you charge things to it that you can afford.
Start saving early in life and save throughout your life. Yes.
The more you save the more you have to invest. This is why you should start saving early if you want to engage in financial planning. You need to formulate the determination to save every time. And don't just save for saving's case, save to invest.
Answer:
$ 4,500.00
Explanation:
The bond per value = $ 100,000.00
Interest = 9 %
Interest is paid semi annually.
Each interest payment will be
=(9/100x$100,000)/2
=$9000/2
=$ 4,500.00
Answer and Explanation:
The classification is as follows;
1. investing activities (I) - cash outflow
2. financing activities (F) section - cash inflow
3. investing activities (I) - cash outflow
4. operating activities (O) - cash inflow
5. operating activities (O) - cash outflow
6. operating activities (O) - cash outflow
In this way it should be distributed
Hence, the above should be the answer and the same should be relevant
