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2 years ago

With a savings and investment program designed for retirement, you can _?_. Choose all that apply. (personal finance class)

Business

1 answer:

OleMash [197]2 years ago

6 0

The savings and investment program that is designed for retirement can be used to:

prepare for those emergency expenditures
primarily help your friends and family in time of need.
ensure that you will be better prepared for your retirement years.

<h3>What is an investment?</h3>

It should be noted that an investment simply means the dedication of asset in order to attain an increase in value for a period of time.

In this case, the investment van be used to prepare for those emergency expenditures, primarily help your friends and family in time of need and ensure that you will be better prepared for your retirement years.

Learn more about investment on:

brainly.com/question/25015549

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A trade deficit means that net exports are positive. a. True b. False

pentagon [3]

The answer you are looking for is false.
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3 years ago

On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago

You are considering the purchase of a common stock that paid a dividend of $2.00 yesterday. You expect this stock to have a grow

Blababa [14]

Answer:

D) $62.57

Explanation:

One should be willing to pay the intrinsic value or fair price, computed using the present value of dividends

Intrinsic value or fair Price = 2.3/1.14 + 2.645/1.14^2 + 3.04/1.14^3 + (3.04*(1+10%)/(14%-10%))/1.14^3

= $62.57

Therefore, You should be willing to pay $62.57 for this stock.

3 0

3 years ago

Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em

Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is a process conducted by a company when it wants to compare its performance with other competitors. In order to do this, the company needs to look into specific metrics and approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your competitors in the same field of business.

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3 years ago

True or False: The law of supply is a direct negative relationship between the price of a good or service and the quantity of it

Andru [333]

Answer:

False

Explanation:

Although the first part of the statement correctly describes the law of supply as an inverse relationship between the price of good/service and the quantity suppliers would supply (given a particular price), the second part is false.

Height of the supply curve indicates a minimum price that would incentivize suppliers to start creating a particular good. The notion of customers and purchase is related to the demand curve, not supply.

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4 years ago