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Lady_Fox [76]
3 years ago
8

What is the difference between asset management and wealth management

Business
1 answer:
ladessa [460]3 years ago
8 0

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

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Per capita GDP of a country is the_____ divided by the_____
Art [367]

Answer: Per capita GDP of a country is the total quantity of goods produced divided by the number of citizens.

Explanation:

GDP represent the wealth of a country in a given period.  A way to see this wealth is the total amount of goods produced.

The GDP  is an economic indicator that reflects the relationship between the income level of a country and its population.

I hope the answer has served you!

Regards,

Brian

6 0
4 years ago
Cynthia hates writing term papers and reports, so when she receives an assignment to write a paper for her law class, she calls
klasskru [66]

Answer: Vicarious infringement

Explanation:

Vicarious infringement is a term used in legal processes to describe the Liabilities of which a person or an organisation incurs or inherits as a result of the infringement acts of another person, the other person may be a person's agent who represents him in certain circumstances.

VICARIOUS INFRINGEMENT IS THE SAME FOR BOTH COPYRIGHT AND TRADEMARK LAWS.

5 0
4 years ago
What level of management is responsible for originating capital budgeting proposals?
Bess [88]

It is the work of all level of management.

Companies use capital budgeting to analyze large projects and investments, such as new factories or equipment. The technique involves assessing a project's financial inflows and the  outflows to see whether the expected return is within a certain range. Capital budgeting methodologies include discounted cash flow, payback, and throughput studies.

Accountants provide this information, giving ownership the first tool it requires to start preparing the capital budget. Accounting firms often provide predictions of future earnings and the costs of alternative financing solutions to help management make decisions.

Therefore, the answer is all level of management.

To know more about capital budgeting click here:

brainly.com/question/24301148

#SPJ4

6 0
2 years ago
Michael McNamee is the proprietor of a property management company, Apartment Exchange, near the campus of Pensacola State Colle
AnnyKZ [126]

Answer:

a. Michael’s personal assets are not recorded on the Apartment Exchange’s balance sheet. ECONOMIC ENTITY PRINCIPLE, the owner's personal assets are not part of his business assets and therefore should be reported separately.

b. The Apartment Exchange records furniture at its cost of $9,000, not its market value of $13,000. HISTORIC COST PRINCIPLE, assets must be recorded at their purchase price.

c. The Apartment Exchange reports its financial statements in U.S. dollars. MONETARY UNIT PRINCIPLE, businesses must record their transactions in a unit of currency (US dollar).

d. Michael expects the Apartment Exchange to remain in operation for the foreseeable future. GOING CONCERN PRINCIPLE, the business will remain in operation for the foreseeable future.

7 0
3 years ago
Boris Jasper is the manager of an auto parts division for a large auto parts supplier. The division makes dampers and oil pumps.
shepuryov [24]

Answer:

a) Raise the sales revenue.

b) Decrease the cost of raw materials.

c) Decrease discretionary fixed cost

Explanation:

<em>Return on Investment (ROI) = Divisional Profit Contribution / Assets Employed in the Division</em>

ROI increases when the  Divisional Profit Contribution increased and Assets Employed in the Division are reduced.

4 0
3 years ago
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