Mary is newly hired. Her company offers 4 choices for her 401-K plan, three of which are bond andone is equity. Mary allocates 25% to each fund. This is an example ofForecasting errors (Memory Bias)OverconfidenceConservatismRepresentativeness BiasFramingMental AccountingRegret AvoidanceLoss Aversion (Prospect Theory)

This is an example of Regret avoidance.

Answered: Mary is newly hired. Her company offers…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Expalain and reasons why supermakets in declining stage should use bank loans,sales of assest and issuing debenturses as a means of raising fund. Identify and explain 3 different sources of business revenues. For each source give 2 advantages and 2 disadvantages
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D Faith Brooks, a 28-year-old college graduate, never took a personal finance class. She pays her bills on time, has managed to save a little in a mutual fund, and (with the help of an inheritance) managed a down payment on a condominium. But Faith worries about her financial situation. Using the following information, Visa bill Stocks $352 Checking account $823 $5,500 Quarterly auto insurance (not due) $439 MasterCard bill $247 Inherited coin collection $3,240 Monthly paycheck, net $2,398 Condominium Annual medical expenses $264 Food, monthly Mortgage payment, monthly $530 Auto $64,900 $227 $9,100 Temple Mutual Fund $2,098 401(k) retirement account $4,498 Car payment, monthly $267 Furnishings Mortgage outstanding Auto loan outstanding Total monthly utilities $275 Other personal property Savings account $2,299 Other expenses, monthly $5,800 $50,200 $4,226 $7.900 $147 Clothing expense, monthly $45 prepare a personal income statement for the year, that follows a similar structure…
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Please help me with this math homework problem. The answer that I came up with was $23,925 and it was incorrect. Then I entered the answer.$60,300 that she was also incorrect. Please he
If Mike deposited and withdrew as shown below, how much can he withdraw at the end of 5th year? Assume i=4%. If it is a deposit, then enter the value as a negative number and if it is a withdrawal, then enter the value as a positive number. n 0 1 2 3 4 5 CF 0 -500 -400 500 -500 -500 If the answer is a dollar value then enter the number without any comma, without $sign, without any gap, and with 2 decimal digits, for example, -5896547.12 4 If the answer is a % then enter the number with 3 decimal digits followed by a % sign without any gap, for example 3.123% or 4.210%
If you did not lend them the money, you could have invested the amount in marketable securities which gives 5% interest.11. How much in total do they owe you on Mondays?12. How much in total do they owe you on Tuesday?13. How much in total do they owe you on Wednesday?
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not use ai please don't
1.Current liabilities are those that can typically be paid off in full within twelve months. TRUE FALSE 2.Insolvency results from taking in more than you consume financially. TRUE FALSE 3.Net income is used in calculating one's net worth. TRUE FALSE 4.Before you can hope to achieve your financial goals, you will need to first measure your current financial health and develop a plan and a budget. TRUE FALSE 5.In some cases, insolvency can lead to bankruptcy. TRUE FALSE 6.An income statement tracks the amount of money you have coming in and going out over some period of time, like a month or a year. TRUE FALSE 7.As long as a financial planner is certified you need not worry about his ability to provide you with the correct financial plan for your situation. TRUE FALSE 8.A debt ratio is aimed at determining if you have adequate liquidity to meet emergencies. TRUE FALSE 9.Having negative net income every once in a while, is not such a bad thing as long as you have planned for it.…
4. Suppose a (very skilled) fund manager earns a safe return of 0.7% pertrading day. There are 252 trading days per year. (a) What will be your annualized holding period return on $100 invested in the fundif the manager allows you to reinvest in her fund the 0.7% you earn each day? (b) What will be your annualized holding period return assuming the manager putsall of your daily earnings into a zero-interest-bearing checking account and paysyou everything earned at the end of the year?

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