Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 06, 2024

what is financial planning and explain the importance to a business. Include 3 adavantsged of having a financial plan

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

12th edition

1259720683, 978-1259720680

More Books

Students also viewed these Finance questions

Question

★★★★★

1. Lawrence Company ordered parts costing FC100,000 from a foreign supplier on May 12 when the spot rate was $0.20 per FC. A one-month forward contract was signed on that date to purchase FC100,000...

Answered: 1 week ago

Question

★★★★★

6 Every culture has a language of nonverbal behaviour that can confuse people from other cultures. Give examples of nonverbal behaviours in Zimbabwe, China and the Middle East that can have this...

Answered: 1 week ago

Question

★★★★★

In the G/M/1 model if G is exponential with rate show that = /.

Answered: 1 week ago

Question

★★★★★

Charlene owns a 70% interest in Maupin Mopeds, which is organized as a partnership. She wants to open another business and needs office space for it. She has Maupin distribute a building worth...

Answered: 1 week ago

Question

★★★★★

Using the rule of 70, if your income grows at 7 percent per year, your income will double in approximately. O a. 49 years b. there is not enough information to answer this question O c. 10 years O d....

Answered: 1 week ago

Question

★★★★★

(a). A 20-year coupon bond with a face value of $100,000 sells for a price of $60,727.42, has a yield to maturity of i = 0.08, and makes annual coupon payments. Find the value of the bond's annual...

Answered: 1 week ago

Question

★★★★★

Prove that the more inelastic demand and supply conditions are in a foreign country, the greater the ability of a country that is large in world markets to impose an optimal tariff. Use this result...

Answered: 1 week ago

Question

★★★★★

For the circuit shown in Figure P32.38, what must the frequency $f$ of the $\mathrm{AC}$ source be in order for the amplitude $V_{C}$ of the potential difference across the capacitor to equal...

Answered: 1 week ago

Question

★★★★★

Compute the point estimates b0 and b1. Exercises 610 refer to the following data set: x 25 13 16 19 29 19 16 30 y 40 20 33 30 50 37 34 37

Answered: 1 week ago

Question

★★★★★

Suppose a distributor faces an annual demand for a car horn for small cars that is normally distributed with a mean of 2300 items and a standard deviation of 300. The cost of placing an order is $150...

Answered: 1 week ago

Question

★★★★★

Air flows with negligible friction through a $10-\mathrm{cm}$-diameter duct at a rate of $2.3 \mathrm{~kg} / \mathrm{s}$. The temperature and pressure at the inlet are $T_{1}=450 \mathrm{~K}$...

Answered: 1 week ago

Question

★★★★★

Zeke's Bikes uses a standard cost system and provides the following information: Standards: 3 lbs of material per unit at a cost of $1.00 per pound. 3 direct labor hours per unit costing $11.30 per...

Answered: 1 week ago

Question

★★★★★

How are earthquakes measured?

Answered: 1 week ago

Question

★★★★★

What scale is used to describe the intensity of hurricanes?

Answered: 1 week ago

Question

★★★★★

How are severe weather storms measured?

Answered: 1 week ago

Previous Question Next Question