Answer:
Explanation:
Why is it that horizontal analysis is performed only on the income statement and balance sheet, but not on the statement of cash flows? Horizontal analysis converts balance sheet and income statement to change statements whereas the statement of cash flow is already a change statement.
Answer:
Explanation:
At the equilibrium price, the quantity that buyers want to acquire is equal to what the sellers want to sell.
Increase; does not change
lifestyle if she retires in 15 years. Lynn had not thought about planning for retirement until
now. If she begins saving now, she will need to save approximately $67,000 per year.
Based on her annual income of $75,000, this goal is not attainable. How would Lynn's
retirement be affected if she had understood the importance of planning for retirement
earlier?
2. In three to four sentences, explain how you would develop a long-term investing strategy
to ensure that you will have a financially secure retirement.
PLEASE HELP! I WILL MARK YOU THE BRAINLIEST:)
Lynn would have benefited from planning for retirement earlier due to a longer savings period and the benefits of compound interest. A long-term investing strategy involves setting clear financial goals, regular contributions, diversification, and regular reviews.
If Lynn had started planning for her retirement earlier on, it would have eased her financial stress. She would have had a much longer time period to save, reducing her required annual savings and making it more manageable with her current salary. The concept of compound interest would have also been advantageous, where her savings would accumulate interest over time and the interest, in turn, would itself earn interest.
Developing a long-term investing strategy begins with setting clear financial goals and laying out a time frame for achieving them. You should also regularly contribute to your retirement savings and consider various investment options. Diversify your investment portfolio with a mix of high and low-risk investments to balance potential growth with stability. Always review and adjust your plan as needed over time.
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Answer:
An effective strategy to retirement includes setting goals, being aware of timing knowing when and how long it will take to save. Also, taking advantage of retirement savings options such as 401(k), IRA, or SEP plans, as well as understanding the impact of taxation and tax benefits. Lastly, staying on top of it all when you actually get there, and monitoring your progress every step of the way making adjustments when needed.
Explanation:
Answer:
21,000 units
Explanation:
units started during the period = number of units transferred out + ending work in process - beginning work in process = 24,000 units + 3,000 units - 6,000 units = 21,000 units
the number of units started measures the new units that were started during the month without considering the remaining units in WIP from the prior month.
Answer:
The correct answer is higher costs for students.
Explanation:
The disadvantage of adding a salad bar to a school lunch menu would be that it would increase costs for students. This is due to increased school lunch expenses, and although healthy food intake will increase because salads are healthier and healthier, the cost of lunch will be higher.
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