What are the main financial planning problems encountered in the "early adult" years?
What will be an ideal response?
The main financial problems encountered in the "early adult" years include 1 ) saving to provide funding for a college education for the children, 2 ) taking care of the life contingencies of premature death and loss of health (dependency period) and 3 ) repaying a mortgage (home loan).
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Diversification into new industries merits strong consideration when a single-business company encounters diminishing market opportunities and stagnating sales in its principal business.
Indicate whether the statement is true or false
Saunders, Inc., has a ROE of 18.7 percent, an equity multiplier of 2.53, sales of $2.75 million, and a total assets turnover of 2.7 times. What is the firm's net income?
A) $75,281.80 B) $514,250.00 C) $51,425.00 D) $7,528.10