Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a rented house but wants to own a house in the future. To do this, Tom prepares an elaborate financial plan and tries sticking to it very strictly. However, he is concerned about eventualities that might occur in the future and disturb his plan. Which practice can help him prepare for any problems with his plan?
A.
regularly review and revise his plan
B.
get his plan reviewed and recreated by a finance expert
C.
make several investments to increase his source of income
D.
abstain from making expenses, excluding few necessary ones
Answers: 1
Business, 22.06.2019 03:50
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
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Business, 22.06.2019 11:10
Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?
Answers: 3
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
Business, 22.06.2019 15:50
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a re...
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