This is partly a practical decision given that we have not provided rates beyond 20 year term in the book. We use the quoted value for $250,000 policies pro-rated to the size of policy we need, and this is incorrect — policy premiums per dollar decline as the size of the policy rises, since some costs are fixed. However, it is the best we have, and the difference will not be
If a new business opens and has one or both of these products in stock, we would likely lose potential customers. If they follow a similar marketing plan, we could lose our client referrals to a business with more diverse products. We’ve seen tremendous growth this year, going from taking a $4000 loss in the first year, to a $30,000 profit this year. These risks are most likely not detrimental to our business, but could prevent a profit decrease due to
If you were opening a savings account with compound interest, would you prefer an account that offers annual compounding, quarterly compounding, or daily compounding? Why? (3-6 sentences. 2.0 points) I would want an account that offers quarterly compounding so I can continue putting money in my bank so that interest will grow on it. Although I am not sure what I will choose when I am older, I think this one sounds the best and most intriguing.
Inflation is when the value of money goes down, so you can’t get as much for your money as you could in the past. 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.
However, this situation would make the company incur more loss next year, which is about negative $ 293,586. In the mean time, Barb Shepard, the company’s owner, wants to sell the company soon, and she knows a purchase price would be determined by three main factors: the absolute level of profits, the rate of growth in profits, and future potential growth in the market. Barb Shepard also wants to reduce bank debts as soon as possible. Therefore, the company needs new strategic initiatives very much to improve operating profitability and move forward next year. Each of three vice presidents has rendered a separate and distinct strategic initiative, and they are “Introduce a new product”, “Increase promotion”, and “Raise prices and cut costs” respectively.
How many months' worth of expenses do you think your financial reserve should include? Describe at least two reasons for this decision. (3-6 sentences. 2.0 points) * You should have a fully funded emergency fund of 3-6 months of living expenses. The reason for building up this reserve?
One reality of retirement is saving funds the older adult has acquired throughout their working life to help them pay for the expenses. Aside from 401k's and IRA's, enough money should be put aside during their working years. This will prevent under saving and also cover any unexpected expenses that come during retirement. Older adults needs to create a budget plan that is realistic of the expenses of what it may look like in retirement. One main social problem that needs to be addressed to improve older adult’s retirement experience is the rise in healthcare cost.
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
(3-6 sentences. 2.0 points) I believe that at least three months worth of my expenses should go towards my financial reserve. I think this is a good idea because this will leave enough money for me to afford major financial loss. If there is an emergency that is costly, three months worth of expenses should be able to pay for the damages. 3.
What are the differences between the codes of these three organizations? BSHS 332 WEEK 3 Dynamics of Ethics Paper Paper on the Dynamics of Ethics—Research a current ethical issue that deals with a change midstream of expectations or ground rules. You may develop your own idea, however examples include: 1. The Income Support Division of a local HSD office has determined that they have spent most of their budget by the end of the third quarter, so they change the ground rules in terms of the length of time between episodes of eligibility for aid. This change would decrease the money being paid out, but is it ethical?