There are about six steps involved in the process of financial planning that include identification, evaluation, and implementation of the courses of action for the accomplishment of an individual's financial goals.
Financial planning can be referred to or considered as a planning in which an individual or a group determines the actions that need to be performed in order to achieve the financial goals that they have for a particular period of time.
A financial plan is put in identification in first place; then after planning the course of actions are determined; and lastly, the implementations of actions for achievement of financial goals are taken as a part of the process of financial planning.
Therefore, the significance of the processes involved in a financial planning has been aforementioned.
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B. He believed the economy was better off without government involvement.
C. He believed laissez-faire policies were the best way to keep the three major social classes stable.
D. He believed capitalism gave the most intelligent people an opportunity for success.
Answer:
he believed that the economy was better off without government involvement.
Answer:
grapevine
Explanation:
Grapevine is an informal way of communication, it is more friendly manner, there is no organized manner or format in this case.
Many times this form of communication is more easy to make and access, but that the communication is not feasible for serious discussions.
Every aspect has its pros and cons, this type of communication is not preferable for serious discussions, and where the information is not complete, it turns it into rumors, and non trust able information.
This further leads to the harm to people for whom the information is vital.
Answer:
Accounting rate of return is = 27.37%
Explanation:
Accounting rate of return = (Average annual after-tax income ) / Average Book value of Equipment )
Accounting Rate of return = ($45731 / $167095) = 27.37%
The Accounting Rate of Return (ARR) of LaGrange Corp, calculated using the average after-tax income and the average book value of the manufacturing equipment, would be approximately 27.35%.
The Accounting Rate of Return (ARR) is a financial metric used mainly for decision-making purposes. It is calculated by dividing the average annual after-tax profit by the average investment in an asset, project, or business. In this case, the question requires us to find the ARR using an average after-tax income of $45,731 and an average book value for the manufacturing equipment of $167,095.
The formula for ARR is: ARR = (Average annual after-tax income / Average investment) x 100
Thus, for LaGrange Corp. the calculation would be:
ARR = ($45,731 / $167,095) x 100
Therefore, the Accounting Rate of Return for LaGrange Corp. based on the given information would be approximately 27.35%.
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Answer: RTO or recovery time objective
Explanation: Recovery time objective can be defined as the target level of time period under which a business process must be restored to normal conditions after facing a disruption in continuity.
In the given case, alan is trying to asses the maximum allowable time to recover a particular situation, thus, we can conclude that he is determining recovery time objective.
the corporations profit ---- gradpoint
B) The housing industry is not a big part of the economy.
C) No one really knows how many building permits are issued in the U.S. each month.
D) The total net housing wealth was less than 1 billion dollars in 2006.