You own a stock that had returns of 8.40 percent, −6.30 percent, 21.40 percent, and 14.30 percent over the past four years. What was the geometric average return for this stock?
a. 8.36%
b. 8.96%
c. 9.45%
d. 10.24%
e. 9.83%

Answers

Answer 1

Answer:

b. 8.96%

Explanation:

As per given data

Year ____ Returns

_1 ______ 8.40%

_2 ______-6.30%

_3 ______21.40%

_4 ______14.30%

Now Use following formula to calculate the geometric average

Geometric Average = \(\sqrt[4]{x1 . x2 . x3 . x4}\) - 1

Where

X1 = 8.40%

X2 = -6.30%

X3 = 21.40%

x4 = 14.30%

Placing value sin the formula

Geometric Average = \(\sqrt[4]{(1 + 0.0840) . (1 + (-0.0630)) . ( 1+ 0.214) . (1 + 0.143)}\)  - 1

Geometric Average =  8.96%


Related Questions

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Answers

N/AN/AN/Av vvN/AN/AN/A N/AN/AN/Av N/AN/A

ECONOMICS
For each of the professions in the left column, calculate the annual pay based on full-time, year-round employment consisting of 2,000 hours a year (40 hours per week for 50 weeks each year). Record your calculations under "Annual income" in the table. Then, find the difference between each annual wage figure and both the poverty threshold and the median household income. If the difference is a negative number, record it as such.

ECONOMICSFor each of the professions in the left column, calculate the annual pay based on full-time,

Answers

Answer:

Annual Income is calculated by multiplying the Hourly wage by 4,000 hours.

The Difference between annual wage and federal poverty line is calculated by deducting the 2019 Poverty threshold of $13,011 from the Annual Income.

The Difference between annual wage and median household income is calculated by deducting the 2019 Median household income of $68,703 from the Annual income. Negative balances are highlighted.

ECONOMICSFor each of the professions in the left column, calculate the annual pay based on full-time,

Answer:

Hope this helps

Explanation:

$7.25 $14,500 $1,489 $-54,203

$8.95 $17,900 $4,889 $-50,803

$23.87 $47,740 $34,729 $-20,963

$51.90 $103,800 $90,789 $35,097

$82.70 $165,400 $152,389 $96,697

$11.12 $22,240 $9,229 $-46,463

$26.57 $53,140 $40,129 $-15,563

$9.38 $18,760 $5,749 $-49,943

$10.59 $21,180 $8,169 $-47,523

$58.91 $117,820 $104,809 $49,117

The following merchandise transactions occurred during December for two different companies: Rippen
and Burnen. Both companies use a perpetual inventory system.
On December 3, Rippen Corporation sold merchandise on account to Burnen Corp. for $480,000, terms
2/10, n/30. This merchandise originally cost Rippen $320,000.
On December 8, Burnen Corp. returned merchandise to Rippen Corporation for a credit of $30,000.
Rippen returned this merchandise to inventory at its original cost of $20,000.
December 12, Burnen Corp. paid Rippen Corporation for the amount owed.
Required:
a. Prepare the journal entries to record these transactions on the books of Rippen Corpo

Answers

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1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain

2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?

Answers

1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.

2a) The error of commission cannot cause the trial balance to be out of balance.

2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.

What are the errors that do not affect the trial balance?

The errors that do not affect the trial balance or cause it to be out of balance include:

Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.

A trial balance will be out of balance if an error is made on one side of the ledger.

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For an employee working at a cash register of a convenient store, the arrival rate is
four per hour and the service rate is five per hour. What is the average utilization of
the employee (%)?
20
45
80
125
none of the choices are correct

Answers

Answer:

80

Explanation:

Utilization = arrival rate/service rate

4/5 = 0.8

0.8 as a percentage equals:

0.8*100 =80

80 is the average utilization of the employee. As Utilization = arrival rate/service rate like 4/5 = 0.8. Hence, option C is correct.

What is average utilization?

Average Utilization is the result of dividing the daily average total exposure to the revolving facility for the period by the daily average total commitments to the revolving facility for that period to get the amount, expressed as a percentage.

A person can calculate the utilization rate by dividing the number of billable hours by the overall number of hours worked each day.

The basic formula is really simple: divide the total number of billable hours by the total number of available hours (x 100). A worker's utilization rate would be 80% if they invoiced for 32 hours of a 40-hour workweek.

Thus, option C is correct.

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Sales 101 teaches you to: Always just answer the question the customer has Never try to get more information about what the customer needs Always answer a question with another question Never look the customer in the eye

Answers

Answer:

I think it's A) Always just answer the question the customer has.

Explanation:

I know it's not D) "Never look the customer in the eye."

I don't think it's C) "Always answer a question with another question" that just seems like it would be confusing for the customer.

And I don't think it's B) "Never try to get more information about what the customer needs" because part of you're job as a salesman is find out what the customer needs.

So that leaves answer choice A

Disadvantages of stating well-defined corporate strategies in the annual report.

Answers

The fact that these reports are made public and anybody may read them is the biggest disadvantage of clearly outlining company strategies.

Some other disadvantage of  stating well-defined corporate strategies in the annual report are-

Others could decide to proceed in the same path after observing your future plans, which would result in pricing and selling rivalry for you.Also others might examine the company's past to see whether it has ever paid dividends to its investors.Together with examining its most recent financial documents to determine the nature of its spending and previous revenues.As I've said before, they can have the biggest advantage by observing the direction the company is taking; you never know, they might be developing a "hit" product.What exactly is business strategy?

Corporate strategy is a special long-term plan or framework created with the goal of outperforming rival market players while keeping both shareholder and consumer promises.

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Store
D
5
4
E
2
1
1
2 3 4
5 6
7
8
9
10
11
12x
-1
Apartment Buildings
If the company constructs 9 apartment buildings, the number of stores will be 34
If the company is producing at point C, the opportunity cost of building 3 more stores will be
5.11 apartment buildings.
Reset
Next

Answers

Can u make the question more clear

Farris Company reported the following information for its two products:

Product X Product Y
Selling price per unit
$ 25 $35
Variable cost per unit
15 20


Due to labor constraints, demand for each of the products is greater than its supply. Product X requires one hour of labor to produce and product Y requires three hours of labor to produce. Which of the following statements is true?

Answers

Answer: To determine which statement is true, we need to compare the contribution margin per unit of each product. The contribution margin is the amount by which the selling price exceeds the variable cost per unit, and it represents the amount of revenue available to cover fixed costs and contribute to profit.

Explanation: The contribution margin per unit for each product is calculated as follows:Product X: $25 selling price - $15 variable cost = $10 contribution margin per unitProduct Y: $35 selling price - $20 variable cost = $15 contribution margin per unitHowever, since Product Y requires three times as much labor as Product X, we need to consider the contribution margin per hour of labor:Product X: $10 contribution margin / 1 hour of labor = $10 contribution margin per hour of laborProduct Y: $15 contribution margin / 3 hours of labor = $5 contribution margin per hour of laborTherefore, the true statement is that Product X has a higher contribution margin per hour of labor than Product Y. Even though Product Y has a higher total contribution margin per unit, it requires more labor to produce, which reduces its contribution margin per hour of labor. As a result, if there is a labor constraint, it may be more profitable to produce more units of Product X rather than Product Y.

Charlie wants to register a name for his company. He wants a name that is specific to the company and makes the company easily identifiable. Which category would Charlie use to register his company?
A.
Keep Business As
B.
Doing Business As
C.
Name Business As
D.
Launch Business As

Answers

Answer:

The name of the company isLaunch Business As

Answer:

Name Business As

Explanation:

Plato

Imagine you win $10,000 in a state competition and decide to invest your prize. First, determine your risk tolerance. Then, choose two investment options from the lesson for your money. Describe your investment plan in a detailed paragraph. Be sure to include responses to the following questions: • Why did you choose these two options? • How may taxes, fees, and inflation affect your investments? • How do your choices reflect your tolerance for risk? • How do you plan to divide your money between the two investment options you chose? Be sure to include the following terms in your explanation: o diversification o risk o rate of return o interest rate

Answers

Some possible investments that a person that won $10,000 make are:

CryptocurrenciesStocks

What is Risk Tolerance?

This refers to the ability of a person to be able to endure losses that can come from making an investment.

Hence, we can see that after making a good risk assessment to find the risk tolerance, if it is between medium to high, then it is advised to invest a good portion in cryptocurrencies and stocks and then put the remaining in a trust fund.

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Chapter 25 DIFFERENTIAL ANALYSIS, PRODUCT PRICING,AND ACTIVITY-BASED COSTING

Answers

Chapter 25 of Managerial Accounting is about differential analysis, product pricing, and activity-based costing. Differential analysis is the study of costs and revenues of different alternatives to help make decisions.

Managers use differential analysis to decide whether or not they should accept a special order, make or buy, sell or process further, or repair or replace equipment. In differential analysis, managers calculate the incremental revenue and incremental cost of each alternative.

If incremental revenue is greater than incremental cost, managers will choose the alternative with the higher profit. On the other hand, if incremental cost is greater than incremental revenue, managers will reject the alternative.

Product pricing is a critical issue for any business. Managers must determine the price that will make a profit while being competitive with other companies. In setting product prices, managers need to consider the cost structure of the product, competitors' prices, and customer demand.

Activity-based costing (ABC) is a costing method that allocates costs based on the activities involved in making a product or delivering a service. ABC helps managers to identify the true cost of products and services.

Managers can use ABC to make better decisions about pricing, product mix, and cost control. ABC provides a more accurate picture of the cost of each product than traditional costing methods.

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Suppose that you are the manager and sole owner of a highly leveraged company. All the debt will mature in one year. If at that time the value of the company is greater than the face value of the debt, you will pay off the debt. If the value of the company is less than the face value of the debt, you will declare bankruptcy and the debt holders will own the company.


a) Express your position as an option on the value of the company.


b) Express the position of the debt holders in terms of options on the value of the company.


c) What can you do to increase the value of your position?

Answers

Answer:

From my position as an option on the value of the company, the stance or view of the owner is a call option on value of company strike face of debt

Secondly, debt holders have systematically sold a put option value of company strike at face of debt.

Now, to be able to increase or raise the value call option it includes he following, In making sure to raise the value of the company, To boost the unpredictability of the company.

Explanation:

Solution

(a) The position of the owner is a call option on value of company strike at face of debt

(b)The debt holders have efficiently sold a put option on value of company  strike at face of debt.

(c) To be able to increase the value option call the following are listed below:

Endeavor or make sure to raise the value of the companyBoost the volatility of the company.

Scheduling personnel is an example of an operations management:
A. mission implementation
B. operational decision
C. organizational strategy
D. functional strategy
E. tactical decision

Answers

Answer:

B. operational decision

Explanation:

Scheduling personnel is an example of an operations management:  operational decision

Scheduling personnel represents an example of an operations management of an operational decision.

The following information should be considered:

The staff-level decisions should be made from the lower level to the hierarchy level.Many decisions should be taken at many hierarchy levels.In this, the authority is present for taking the decisions.The lower level should take the decisions with respect to the employees.

Therefore the other options are incorrect.

Hence we can conclude that scheduling personnel represents an example of an operations management of an operational decision.

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Manuel works for a very large company that sells stocks to shareholders. This is an advantage for which type of business structure? Choose the answer.

Partnership
Limited Liability Company
Sole Proprietorship
Corporation

Answers

Answer:

Corporation

Explanation:

A corporation is a business ownership structure where the business is considered a legal entity separate from the owners. A corporation is subdivided into small units known as shares. Owning a share implies owning part of the corporation. Shareholders own the shares and the corporation.

The shares of a public corporation can be acquired by purchasing them at the security exchange market.  Anyone can purchase shares and become a shareholder.

Suppose that you purchased your home in 2014 and believe that, based upon recent
comparable home sales in your vicinity, your home has a market value of $675,000. You
decide to put your home on the market for $720,000 to allow room for future negotiation
towards your desired selling price of $675,000. After several days, you receive a text
message from your broker informing you that prospective buyers have been balking at
making you an offer as they have seen that Zillow is valuing your house online for only
$600,000. Explain whether you have a right to sue Zillow and, if so, under what liability
law(s).

Answers

Zillow, a popular online real estate database and marketplace, provides estimates of home values through its proprietary Zestimate tool. However, in the case where a seller disagrees with Zillow’s valuation of their property, the seller does not have the right to sue Zillow, and there are no legal grounds for a lawsuit.

In addition, the seller voluntarily uses the tool to estimate their property's worth. Although Zillow uses a complex algorithm that considers various factors to determine the value of a property, the tool is not perfect, and its estimates can be incorrect. A home’s value depends on various factors, including location, condition, recent sales prices of comparable homes in the area, and market trends. It is essential to note that Zillow’s Zestimate tool does not physically visit homes, and, therefore, may not be able to factor in some critical variables affecting the value of a property.

As a result, Zillow's online estimates should be used only as a starting point for determining the property's value. Ultimately, the actual value of the property will be determined by the final price a buyer is willing to pay, the seller’s selling price, and the current market conditions. Therefore, it is essential to get a professional appraisal to get an accurate valuation of the property. In conclusion, a seller does not have the right to sue Zillow as there are no grounds for a lawsuit.

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Discuss the effect of diversification in the portfolio to the risk return of the investment.

Answers

Diversification reduces the risk of an investment portfolio by spreading investments across different assets and can stabilize returns, leading to a more balanced risk-return profile.

Diversification is an investment strategy aimed at reducing risk by spreading investments across different assets. The theory behind diversification is that by investing in a range of assets, the investor can reduce the risk associated with any single asset.

Diversification can help to mitigate risk and stabilize returns by reducing the impact of market volatility on the portfolio. By investing in assets that are not highly correlated, the portfolio is less likely to be affected by sharp declines in any one asset class. This helps to reduce the risk of the portfolio and create a more stable investment return over the long term.

However, diversification is not a guarantee against loss, and some investments may still suffer losses. It is important to balance the level of diversification in the portfolio with the investment objectives, risk tolerance, and other factors.

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Choose the response that completes the following sentence. A cash distribution from a qualified retirement account in which the taxpayer ONLY made pre-tax contributions:

A. is always fully taxable

B. is never taxable

C. is only taxable at the state and local level

D. may be partially taxable​

Answers

The one response that will help in completing the given statement is: “is never taxable.” Hence, Option B is correct.

What is tax?

A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services.

The government uses taxes to fund a variety of welfare programmes, including job initiatives. The government must pay the administrative costs for the thousands of staff in the numerous departments.

It is never taxed to withdraw cash from a qualified retirement account where the taxpayer only made pre-tax contributions.

Therefore, Option B is correct.

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Which is a disadvantage of enrolling in a debt-settlement program?
A. The details of the program are fixed and cannot be changed.
B. Your credit report can be negatively impacted.
C. Payment options are limited and require fees.
D. It is difficult to prove that the debt has been satisfied when it is
paid off.

Answers

Answer:

Debt Settlement Program Disadvantages

A debt settlement program requires you to stop paying your creditors, which will add a significant amount to your debt because of late charges and the interest applied. ... Debt settlement is a gamble. If your creditors refuse to settle, you'll be in an even worse financial situation.

A disadvantage of enrolling in a debt-settlement program is the details of the program are fixed and cannot be changed. Thus, the correct answer is option A.

What is debt?

Debt is an obligation that requires one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment, or series of payments, as opposed to an immediate purchase.

Debt settlement firms, also known as "debt relief" or "debt adjusting" firms, frequently claim they can negotiate with our creditors to reduce the amount we owe. For-profit companies offer debt settlement programmes, which involve the company negotiating with your creditors to allow you to pay a "settlement" to resolve your debt. The settlement is another term for a lump sum payment that is less than the total amount owed.

Therefore, the details of the debt settlement program are fixed and cannot be changed.

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1. compute the plantwide predetermined overhead rate. 2. during the year, job p90 was started, completed, and sold to the customer for $2,900. the following information was available with respect to this job:

Answers

To compute the plantwide predetermined overhead rate, we need to divide the total estimated overhead costs by the total estimated direct labor-hours.

Plantwide Predetermined Overhead Rate = (Fixed Overhead Cost + Variable Overhead Cost per Direct Labor-Hour * Estimated Direct Labor-Hours) / Estimated Direct Labor-Hours

Plugging in the values from the problem:

Plantwide Predetermined Overhead Rate = ($516,000 + $3.00 * 38,000) / 38,000

Plantwide Predetermined Overhead Rate = $13.47 per direct labor-hour

So, the plantwide predetermined overhead rate for the year is $13.47 per direct labor-hour.

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Which of the following questions can a balance sheet help to answer? A. Does the business have too many employees? OB. Has too much credit been extended? O C. Does the business have too many customers? OD. Is the business making the right products?​

Answers

The question that a balance sheet help to answer is has too much credit been extended.

What is a balance sheet?

This refers to the financial statement of a company, which shows how assets and liabilities are recorded.

It helps to show the true position of a company's financial status, at a particular time.

Hence, the questions that a balance sheet help to answer is has too much credit been extended.

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__________aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

Answers

Answer:

Recommendation websites

Explanation:

Recommendation websites aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

These websites make use of customer data based on what they have purchased in the past (product or service) to present to them new/similar products.

In the short run, which of the following will always decrease as a firm's output increases
A average total cost
B average variable cost
C total variable cost
Daverage fixed cost

Answers

When a company's output goes up, its average fixed cost goes down in the short run. No matter how many products are produced, fixed costs remain the same. As a result, the fixed cost contribution per unit decreases as output rises. Let's say the fixed cost is Rs.

What will go down as output goes up?

As a result, the average total cost typically decreases as output rises if the marginal cost does not rise, where the marginal cost is the cost of producing one more unit of output.

Which short-term expenses always rise in tandem with output?

Curves of Short-Range Total Costs This indicates that TVC rises with output. This curve begins at the origin, indicating that there are no variable costs when output is zero. Vertically adding the TFC and TVC yields the total cost curve (TC).

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What are the three main forms of legal ownership of a business

Answers

The three main forms of legal ownership of a business is Coporation, Partnership, and Sole proprietorship

What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this question, if calculating the probability manually make sure to carry at least 4 decimal digits in your calculations. c. What is the expected number of e-mails received during minutes (to 2 decimals)? d. What is the probability that no e-mails are received during minutes (to 4 decimals)?

Answers

b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.

c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.

d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.

What is the Poisson distribution?

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:

\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)

The parameters are:

x is the number of successes that we want to find the probability of.e = 2.71828 is the Euler number.\(\mu\) is the mean in the given interval or range of values of the input parameter.

The daily mean is of 121 e-mails, hence the hourly mean is of:

\(\mu = \frac{121}{24} = 5\)

Then the probability of at least three e-mails during the hour is of:

P(X ≥ 3) = 1 - P(X < 3)

In which:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)

Hence:

\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)

\(P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067\)

\(P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337\)

\(P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842\)

Then:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246

Hence:

P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.

The mean during 15 minutes is one-fourth of the hourly mean, hence:

5.04/4 = 1.25 e-mails.

The probability of no-emails during the 15 minutes is of:

P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.

Missing Information

In items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.

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What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this

Determine FOUR potential threats in the broad environment that the Marriott Bonvoy All-Inclusive Resort Barbados could consider in developing its strategy

Answers

Economic threats, such as changes in inflation, interest rates, and exchange rates that could impact the resort's revenue and operational costs.

The Marriott Bonvoy All-Inclusive Resort Barbados could face several potential threats in the broad environment that it should consider when developing its strategy.  Technological threats, including the need to keep up with evolving technologies and online booking platforms that can impact customer relationships. Social threats, such as changing attitudes towards sustainability and eco-friendliness that can impact the resort's reputation and customer loyalty. Finally, political threats such as changes in government policies and regulations, including tax policies and labor laws, that can impact the resort's operations and profitability. To mitigate these threats, the resort could diversify its revenue streams, invest in technological infrastructure, adopt sustainable practices, and maintain positive relationships with the government.

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roups such as human resources, information systems, purchasing agents, and maintenance are typically classified as:A. Project managersB. Administrative supportC. Functional managersD. Project sponsorsE. Customers

Answers

Groups such as human resources, information systems, purchasing agents, and maintenance are typically classified as: Administrative Support.

What is maintenance?The main scope of regular maintenance is to make sure that all equipment required for production is operating at full efficiency at all times. The 6 different types of Administrative Support are: Predicted maintenance, preventive maintenance, reactive maintenance, condition-based maintenance, predictive maintenance, reactive maintenance.  Maintenance  can generally be defined as efforts  to keep a machine in the same condition and Administrative Support as when it was new.Maintenance work is basically  divided into two parts: Planned and unplanned maintenance activities. Maintenance is scheduled, like an oil change, whereas service is when you need to fix or adjust something specific  outside of the normal maintenance schedule. It's a really small difference, but  important.

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Question:

Groups such as human resources, information systems, purchasing agents, and maintenance are

typically classified as:

A. Project managers

B. Administrative support

C. Functional managers

D. Project sponsors

E. Customers

Principles of Economics: Outlines Ten Principles of Economics that we will replicate here, they are:

Answers

Answer:

The correct answers are:

1) People face trade-offs

2) The cost of something is what you give up to get it

3) Rational people think at the margin

4) People respond to incentives

5) Trade can make everyone better off

6) Markets are usually a good way to organize economic activity

7) Governments can sometimes improve market outcomes

8) A country's standard of living depends on its ability to produce goods and services

9) Prices rise when the government prints too much money

10) Society faces a short-run tradeoff between Inflation and unemployment.

Explanation:

To begin with, those ten principles of economics were first introduce by Gregory Mankiw in the book he wrote name Principles of Economics and he devided the principles in sections in where he organized the way everything was connected. Therefore that there are three major headlines of that are: How people make decisions; How people interact with each other; and the forces and trends that affect how the economy as a whole works.  

which of the following should not be recorded in income and expenditure account?
a.sale of old newspaper.
b.loss on sale of asset .
c.honorarium paid to the secretary .
d.Sale proceeds of furniture ​

Answers

Answer:

C. honorarium paid to the secretary

Explanation:

as you grow older, which of these might make you change your personal finance decision more?

Answers

As you grow older the responsibilities increase and so this majorly effects the finance decisions more.

What is Finance?

Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.

Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.

The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.

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Answer:

As you grow older the responsibilities increase and so this majorly effects the finance decisions more.

What is Finance?

Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.

Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.

The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.

Explanation:

Other Questions
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