In process costing direct material , direct labor and manufacturing overhead are applied to work in process and transferred from one to another department.
Debit Credit
(1) work in process - cutting department Raw material
(2) work in process -shaping department Manufacturing Overheads
(3) work in process - shaping department work in process - cutting department
(4) Finished Goods inventory Work in process- shaping department
(5) cost of goods sold Finished Goods inventory
What is Overhead ?
Overhead refers to the continued business prices no longer directly attributed to creating a service or product. it's miles important for budgeting purposes however also for figuring out how much a company should charge for its products or services to make a earnings. In short, overhead is any rate incurred to guide the business even as not being directly associated with a specific service or product.
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in debt and has 2 million shares outstanding. What is the best estimate of the current intrinsic stock price? (8 points)
The Intrinsic Stock Price is $100.
To determine the best estimate of the current intrinsic stock price, Intrinsic stock price is typically calculated using various valuation models such as discounted cash flow (DCF), price-to-earnings (P/E) ratio, or comparable company analysis.
Using the price-to-earnings ratio (P/E ratio) approach. The P/E ratio compares the stock's price to its earnings per share (EPS). It can be used as a quick estimate, although it doesn't capture all factors affecting the intrinsic value.
Let's say the company's earnings are $10 million, and the P/E ratio of comparable companies in the industry is around 20. To calculate the estimated intrinsic stock price, we can use the following formula:
Intrinsic Stock Price = Earnings per Share (EPS) x P/E Ratio
First, we need to calculate the earnings per share (EPS):
EPS = Earnings / Shares Outstanding
EPS = $10,000,000 / 2,000,000
EPS = $5
Now, we can use the EPS and P/E ratio to estimate the intrinsic stock price:
Intrinsic Stock Price = $5 x 20
Intrinsic Stock Price = $100
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Document five potential specific investments that would be a good fit for your portfolio now or in the future
just any five will do I don't care
1. Real Estate Investment Trusts (REITs): REITs are publicly traded companies that own and manage a portfolio of real estate properties. They offer a diversified portfolio of investments in commercial and residential properties and provide relatively high yields.
2. Exchange Traded Funds (ETFs): ETFs are investment funds that trade on exchanges like stocks. They provide a low-cost, diversified portfolio of stocks, bonds, and other securities, and can be a great way to get exposure to different asset classes.
3. Mutual Funds: Mutual funds are professionally managed portfolios of stocks, bonds, and other securities. They offer a diversified portfolio of investments and make it easy to get started in the stock market.
4. International Stocks: Investing in international stocks can give you access to a wider range of potential returns. International stocks can be volatile, but they offer the potential for higher returns than domestic stocks.
5. Bonds: Bonds are a type of debt investment that can provide a steady stream of income. They generally offer lower returns than stocks but can provide a more stable return over time.
A company introduces a new product at low pricing to help capture a large market share early this is called
A company introduces a new product at low pricing to help capture a large market share early this is called price skimming.
When a new type of product enters the market, price skimming is often used then. The goal here is to gather as much revenue as possible while the consumer demand is high and competition has not entered the market.
So once these goals are met, the original product creator will mostly lower prices in order to attract more cost-conscious buyers while remaining competitive toward any lower-cost similar items entering the market.
Hence, firms often use price skimming in order to recover the cost of development.
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Which of the following best describes a Level 2 mystery shopper?
A) interaction might involve only a telephone call
B) interaction might involve the possible purchase of a cell phone
C) shopper makes quick purchase and evaluates transaction and image of the facility
D) shopper investigates communication skills as visit involves a home loan or auto purchase
C) Shopper makes quick purchase and evaluates transaction and image of the facility
The customer service
The best description of a Level 2 mystery shopper is when a shopper makes a quick purchase and evaluates the transaction and the image of the facility. Mystery shopping is a form of marketing research that is commonly used by businesses to evaluate the quality of services that are offered by their employees and to improve their services.
The method involves the use of mystery shoppers who are hired by the businesses to visit their facilities, act as regular customers, and then evaluate the quality of the services they receive. Level 2 mystery shopper refers to the second level of the mystery shopping program, where the shoppers are assigned more complex and detailed tasks to carry out. The Level 2 mystery shopper is more experienced and is expected to have a higher level of expertise than the Level 1 shopper. The best description of a Level 2 mystery shopper is when a shopper makes a quick purchase and evaluates the transaction and the image of the facility.
The shopper's interaction in a Level 2 mystery shopping program may involve purchasing goods or services, and the shopper will then evaluate how well the transaction went and how the image of the facility was portrayed. For instance, the shopper might be required to purchase a product and evaluate the quality of the service and the facility's image.A Level 2 mystery shopper may also evaluate the customer service that they receive, including the attitudes and the behavior of the employees they interact with. The shopper may also be asked to investigate communication skills as a visit might involve a home loan or auto purchase. In summary, a Level 2 mystery shopper is someone who carries out complex and detailed tasks and has a higher level of expertise than the Level 1 shopper. The best description of a Level 2 mystery shopper is when a shopper makes a quick purchase and evaluates the transaction and the image of the facility.
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A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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What are the two essentials for completing an initial mortgage?
Your most recent two months' worth of bank statements are among the most crucial things the lender looks at, along with your application and credit report in the mortgage process.
A mortgage is a loan granted to a buyer by a bank or other type of mortgage lender so they can buy a home. A mortgage is a contract in which the bank lends money to the buyer to buy the house, and the buyer promises to pay the money back in full with a predetermined interest rate. Lenders often employ a mortgage ratio of 4.5 times an annual salary. This indicates that you may obtain a mortgage for 4.5 times your annual wage. Most likely, you'll want to know how much each monthly payment will cost. Based on a mortgage rate, the monthly mortgage payments for a £200,000 mortgage will be £948.
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Your most recent two months' worth of bank statements are among the most crucial things the lender looks at, along with your application and credit report in the mortgage process.
A mortgage is a loan granted to a buyer by a bank or other type of mortgage lender so they can buy a home. A mortgage is a contract in which the bank lends money to the buyer to buy the house, and the buyer promises to pay the money back in full with a predetermined interest rate. Lenders often employ a mortgage ratio of 4.5 times an annual salary. This indicates that you may obtain a mortgage for 4.5 times your annual wage. Most likely, you'll want to know how much each monthly payment will cost. Based on a mortgage rate, the monthly mortgage payments for a £200,000 mortgage will be £948.
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Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
Answer:
Explanation:
I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.
To figure out the total annual premium:
If the employer pays 80%, then the employee pays 20% (100%-80%).
Total Premium x .20% = 5.35
Total Premium = 5.35/.2 (20%)
Total Premium = 26.75 per week
Total annual premium is 26.75 x 52 weeks = 1,391
‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20
Discuss about the main types of fish available in Nepal.
Answer:
There are many types of fish in nepal but and seven of the major types are:-Mola carplet (Amblypharyngodon mola)
Mola carplet (Amblypharyngodon mola)Bighead carp
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morar
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morarBarred baril
Barnaby baril
Hamilton's barila
Explanation:
I am sure to will get 6 marks out of 6 marks if you submit this answer!
PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP
Answer:
1. Classical Economics
2. Keynesian Economics
3. Demand-Side Economics
4. Supply-Side Economics
Explanation:
Sox Corporation purchased a 40% interest in Hack Corporation for $1,900,000 on January 1, 2021. On November 1, 2021, Hack declared and paid $2.6 million in dividends. On December 31, Hack reported a net loss of $4.5 million for the year. What amount of loss should Sox report on its income statement for 2021 relative to its investment in Hack
Sox Corporation should report a loss of $1,800,000 on its income statement for 2021 relative to its investment in Hack Corporation.
Sox Corporation's 40% interest in Hack Corporation makes it an equity method investor. Under the equity method, the investor recognizes its share of the investee's earnings or losses in the investor's income statement.
On January 1, 2021, Sox Corporation purchased a 40% interest in Hack Corporation for $1,900,000. This means that the total value of Hack Corporation at that time was,
1,900,000 / 0.4 = $4,750,000
On November 1, 2021, Hack Corporation declared and paid $2.6 million in dividends. Since Sox Corporation owns 40% of Hack Corporation, it is entitled to receive 40% of the dividend amount, or
2,600,000 x 0.4 = $1,040,000
This dividend income will be recognized on Sox Corporation's income statement.
On December 31, 2021, Hack Corporation reported a net loss of $4.5 million for the year. Since Sox Corporation owns 40% of Hack Corporation, it must recognize 40% of the loss, or
4,500,000 x 0.4 = $1,800,000
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positions such as justice of the peace and county tax assessor are important to a functioning democracy. True or False?
Positions such as a justice of the peace and county tax assessor are important to a functioning democracy.
This statement is True.
A tax assessment or valuation is the task of determining the value and sometimes use of property, usually to calculate property taxes. This is usually done by a firm known as an assessor or tax assessor. Governments need to collect taxes to function.
An appraiser is a local government official who assesses the value of real property within municipal boundaries. This value is converted into a tax valuation that is part of the property tax invoice calculation.
A surveyor is an expert in a subject and is specifically called upon to advise a court on that subject. Two judges and his jury of six sentenced White to life in prison.
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example of petition format
"Money serves as a​ ______. A. unit of​ account, which means that it can be held and exchanged later for goods and services B. store of​ value, which is a function unique to money C. medium of​ exchange, which means that it is generally accepted in exchange for goods and services D. store of value because even during a period of inflation its value does not change"
Answer:
c
Explanation:
Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt.
Functions of money
1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans
2. Unit of account : money can be used to value goods and services, For example, $20 is the value of your favourite jeans
3. Store of value : money can retain its value over the long term, this it can be used as a store of value.
Inflation reduces the value of money.
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
Which of the following methods would be most appropriate for an emotional appeal?
A.Telling a story about people who resemble the target audience
B.Creating a contrast with the surrounding environment
C.Asking the audience to act
D.Providing information about the product
Answer: telling a story about people who resemble the target audience
Explanation: just took the test
Telling a story about people who resemble the target audience would be most appropriate for an emotional appeal. Thus, option 'A' is the correct option.
What is Emotional Appeal?A kind of persuasion known as an emotional appeal uses sensory, descriptive language and images to stimulate an audience's emotions and persuade them of a point of view. Social psychology is used in the appeal to emotion strategy. Only when the evoked emotions are unrelated to determining the veracity of the conclusion and help to divert from a logical analysis of pertinent premises or facts is it erroneous.
For instance, if a pupil says "My scholarship will be forfeited if I receive a poor mark on this essay. It is not copied "The initial statement's emotional impact is unrelated to determining whether the text was duplicated. In order to persuade the audience that the claims being made by the fallacious argument are true or untrue, appeals to emotion aim to evoke sentiments like fear, pity, or delight in the person receiving the information.
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... is an economic system where consumers can choose what to buy and where to buy
A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system
it is C. Market Economic system!
as I read and knew once I found of by reading the sentence you put.
to check out more and I give credits also too for the information https://flexbooks.ck12.org
for confirming it for me. and you can find out more about Economic Systems there for sure also !!
Answer:
it can be either mixed or a market economy
Explanation:
The household income for the Washington family is $100,000, and they pay an income tax rate of 25%. What is the Washington's
annual disposable income?
-0)
A)
$100,000
B)
$25,000
C)
$50,000
D)
$75,000
Answer:
D)
$75,000
Explanation:
Disposable income is the diffrenced between gross pay and deductions.
Net pay =$100,000
the come tax = $100,00 -$25,000
=$75,000
what
has a clock hint hes behind you
Answer:
GOD?
Explanation:
The accounting records of Woo Company show $2,400 of retained earnings. Based on this information alone, ______.
Despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
What is retained earnings?Retained earnings means the profit generated and set aside for the company's future purpose.
The amount of Retained earnings does not reflects the cash dividends paid to shareholders.
In conclusion, despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Using demand curves, what would happen if the price of pop increases?
o. Demand for pop will increase
b. The demand curve will shift to the right
c. Demand for pop will decrease
The demand curve will shift to the left
Using demand curves, if the price of pop increases, then, the demand for pop will decrease. The Option
How does demand for product change in response to a change in price?According to demand law , as the price of a product increases, the quantity demanded of that product will decrease. This inverse relationship between price and quantity demanded is illustrated graphically by a downward-sloping demand curve.
Therefore, if the price of pop increases, the demand for pop will decrease. This can be shown by a movement up along the demand curve, resulting in a lower quantity demanded at each price point.
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The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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| Personal Finance |
What is the difference between gross income and net income? Select the best answer.
A) Gross income is the total of annual salary minus federal income tax.
B) All wages and other earnings minus mandatory deductions.
C) Net income is wages, salaries and other earnings minus all tax and deductions.
D) Wages minus voluntary deductions.
A.Gross income is the total of annual salary minus federal income tax.
Gross income for an individual—also known as gross pay when it’s on a paycheck—is an individual’s total earnings before taxes or other deductions. This includes income from all sources, not just employment, and is not limited to income received in cash; it also includes property or services received.
Gross Income Formula:
Gross Income = Salary + Rent + Dividends + Interest + All Other Sources of Income.
Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is a useful number for investors to assess how much revenue exceeds the expenses of an organization.
Net Income Formula:
Net Income = Total Revenue — Total Expenses.
Gross income is the total amount you earn (typically over the course of a year) before expenses.Net income is the profit your business earns after expenses and allowable deductions.Gross income and net income can provide a different perspective and affect goals and actions you may take personally or as a business owner.Answer:
Net income is wages, salaries and other earnings minus all tax and deductions
Explanation:
connexus
during the introduction stage sales are ______ and profit is ______.
Product Life cycle Management has several stages. The stages determined the growth and low downs of product. During the introduction stage, sales are growing slow(low) and profit is minimal.
Market Introduction stage is often called the introduction stage that has a low growth rate of sales as the product is said to be recently brought into limelight and consumers may not know much about it.Most times, firms do experience losses rather than profits during this stage. and so when product is new on the market and small or no profit is made due to high costs and low sales.
Conclusively, the stage gives a lot of opportunities such as low competition in the market.
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
during her recent performance appraisal, veasna learned that her manager thinks she has a good attitude and emerging leadership potential. veasna’s manager seems to be using a _____ appraisal.
An appraisal is used to evaluate an employee's performance on the job. The performance appraisal type that was used when Veasna learned that her manager thinks she has a good attitude and emerging leadership potential is;
360-degree360-degree performance appraisal is the type where employees who are subjected to performance appraisal are given feedback by the person who performed the appraisal.
We see this in the case of Veasna who received positive feedback from her manager. She can then feel encouraged and work harder.
Summarily, the 360-degree performance appraisal was used for Veasna.
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Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.
Sup-pose university officials felt the price of foot-ball tickets at your school are too expen-sive and decide to limit the price the athletic depart-ment can charge for a ticket to a single game.
The result from this deci-sion would be a. The quality of facilities will decrease. and c. A shortage of tickets will exist.
What is a shortage?A shortage is when the quan-tity demanded of a product exceeds the quan-tity supplied. This usually occurs when the price of the go-od is set below equilibrium price. When the tic-ket price is limited, the profit made per ga-me reduces. As a result, it is expec-ted that the num-ber of tickets offer-ed would dec-line. This would lead to a short-age.
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Use the formula in this example to determine the sample size, n. The estimated prevalence is 25%, and the desired confidence level is 95% with a margin of error of 9%. (This is the same as in the example, except the margin of error has been changed. Round your answer to the nearest integer.)
The sample size, n, required to estimate a population prevalence with a desired confidence level and margin of error can be calculated using the formula:
n = (Z^2 * p * (1-p)) / E^2
where Z is the Z-score corresponding to the desired confidence level, p is the estimated prevalence, and E is the margin of error.
In this example, the estimated prevalence is 25% (or 0.25), the desired confidence level is 95%, and the margin of error is 9% (or 0.09).
First, we need to find the Z-score corresponding to the desired confidence level. For a 95% confidence level, the Z-score is approximately 1.96 (based on a standard normal distribution).
Next, we substitute the values into the formula:
n = (1.96^2 * 0.25 * (1-0.25)) / 0.09^2
Simplifying the equation gives us:
n ≈ 96.44
Rounding the result to the nearest integer, the sample size required is approximately 96.
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on july 31, aloe inc. received $5,000 cash from a customer who previously purchased aloe's products on account. what entry should aloe inc. record at the time it receives cash?
Aloe should record, debit cash, $5,000; credit accounts receivable, $5,000. Therefore, option (C) is the correct answer.
The proceeds or money that the business will receive from its clients who have financed their purchases of its goods and services are known as accounts receivable (AR). The credit term is often brief, ranging from a few days to several months or even a full year in rare situations.
Receivable describes a payment that has not yet been realised. This implies that the business must have given its clients a credit limit. Typically, the business offers both cash and credit when selling its products and services.
When a business gives a customer credit, the sale occurs when the invoice is created, but the business gives the customer a grace period to pay the balance later.
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Complete Question:
On July 31, ALOE Inc. received $5,000 cash from a customer who previously purchased ALOE's products on account. What entry should ALOE Inc. record at the time it receives cash?
A) Debit Cash, $5,000; credit Service Revenue, $5,000.
B) Debit Accounts Receivable, $5,000; credit Cash, $5,000.
C) Debit Cash, $5,000; credit Accounts Receivable, $5,000.
D) Debit Cash, $5,000; credit Accounts Payable, $5,000.
what's the difference between Utility and Marginal Unility?
Answer:
One is large the other is small
Explanation:
Personal finance skills have the most significant impact on an individual’s
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
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