All categories

2 years ago

If you have many competing financial goals, what should you do to help yourself focus on the most important ones

Business

2 answers:

Sunny_sXe [5.5K]2 years ago

5 0

Answer:

b. prioritize and make a budget.

Explanation:

Comprehending the drive and purpose behind one's objectives will help broaden their mind and allow people to think about why they set the targets initially. Financial priorities are perfect because they're helping people establish an ambitious plan for their life to move ahead. To balance competing financial objectives, one needs to think about which goals are already in place, which ones may be pending for a few years, and what adjustments one might like to add to their budget.

CaHeK987 [17]2 years ago

3 0

Answer:

b. prioritize and make a budget

Explanation:

You might be interested in

A good manager can be flexible when it comes to sticking to the original plan; to get good results, the intended strategy has to

valentina_108 [34]

Answer:

False

Explanation:

Hope this helps my loves :)

3 0

2 years ago

The Quarter Burger is a hamburger sold by the international fast-food chain Sammy's Burgers. It was given the name because it co

timama [110]

Sammy's quarter-pound burger is positioned by: price-quality

<u>Explanation:</u>

The price-quality way of positioning practices the similarity within price and quality before-mentioned that it optimally values a commodity according to the feature of the commodity to retain the commodity hovering in the customer's perception. Pricing does not necessitate to be huge for more leading positioning.

Marketers frequently do price/ quality properties to locate their trademarks. Although the price is an essential factor, the commodity quality must be tantamount to, or indeed more reliable than, fighting trademarks for the positioning strategy to be active.

8 0

2 years ago

We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is

zvonat [6]

Answer:

Best-Case Worst-Case

NPV NPV

PV of cash inflows $2,897,706 $3,187,477

PV of project cost $1,680,000 $1,848,000 ($1,680,000 * 1.1)

NPV $1,217,706 $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) = 2,088,000

Gross profit = $1,327,500

Fixed costs = 815,000

Income before tax = $512,500

Income tax (21% of $512,500) = 107,625

Net income = $404,875

Add depreciation expense 280,000

Annual cash inflows = $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0

2 years ago

Stephanie bought a package of pencils for $1.75 and some erasers that cost $0.25 each. She paid a total of $4.25 for these items

Sonbull [250]

Answer:

the dogs

Explanation:

8 0

2 years ago

The need for more versatile reporting than what was available in 1980s era ERP systems led to the development of what type of sy

Kipish [7]

Answer:

Executive information systems

Explanation:

Executive information systems - The reason behind establishing this system that allows the user to access internal and external data for completing the goal of the organization. it helps in decision making process by allowing access to the internal data. it includes quantitative analyses, statistical tools,etc.

8 0

2 years ago