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brandon125

  • 3 years ago

is anybody good in personal finance?

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  1. goformit100
    • 3 years ago
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    I am alwasys good in it

  2. brandon125
    • 3 years ago
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    ok here goes the question Dividends are paid out of profits, and: A. dividend payments must be approved by the firm's board of directors. B. dividends are guaranteed. C. dividends are paid before a firm's taxes are paid. D. dividends are usually paid twice a year.

  3. brandon125
    • 3 years ago
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    @goformit100

  4. goformit100
    • 3 years ago
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    D. dividends are usually paid twice a year.

  5. brandon125
    • 3 years ago
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    thnx man Which of the following statements is true about financial planning? A. Any kind of financial expert (such as a stockbroker, lawyer, or accountant) can help you develop a comprehensive financial plan. B. Once you have painstakingly developed a financial plan, it is not wise to change it. C. Once you have made a decision to buy an investment, there is no need for continued evaluation. D. You must always consider the tax consequences of selling your investments.

  6. brandon125
    • 3 years ago
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    @goformit100

  7. goformit100
    • 3 years ago
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    Please this question NEWLY

  8. goformit100
    • 3 years ago
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    Please post this question in eastion

  9. goformit100
    • 3 years ago
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    ok

  10. Luis_Rivera
    • 3 years ago
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    if i were good in personal finance, i wouldnt be here !

  11. brandon125
    • 3 years ago
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    eastion?? which is...?

  12. brandon125
    • 3 years ago
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    are you actually good?? @Luis_Rivera

  13. amistre64
    • 3 years ago
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    i dont think "D" is the most correct answer

  14. Luis_Rivera
    • 3 years ago
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    No, that's the point, I'm actually very bad !

  15. brandon125
    • 3 years ago
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    can you help @amistre64

  16. amistre64
    • 3 years ago
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    i could .... but the answer to your first question is not "D"

  17. brandon125
    • 3 years ago
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    then what is it?

  18. brandon125
    • 3 years ago
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    @amistre64

  19. amistre64
    • 3 years ago
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    you have 3 other options to choose from, and i perfer not to just hand out an answer. pick one and we will see if its a "best choice"

  20. brandon125
    • 3 years ago
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    a?

  21. amistre64
    • 3 years ago
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    .. good guess :) before a dividend is declared, the board of directors have to determine of they can offer one to begin with.

  22. brandon125
    • 3 years ago
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    so thats the right one?

  23. amistre64
    • 3 years ago
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    its the "best" one .... yes

  24. brandon125
    • 3 years ago
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    ok. can you help me on the second question?

  25. amistre64
    • 3 years ago
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    the second one you posted has 2 ridiculous options, and 2 options that sound legit, can you narrow it down to the 2 legit options for me?

  26. brandon125
    • 3 years ago
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    a and b are the bad ones?

  27. amistre64
    • 3 years ago
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    no, b is absurd ... but a reads like it could be legit

  28. brandon125
    • 3 years ago
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    so b and c no, right? and the right answer is D?

  29. amistre64
    • 3 years ago
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    i would lean towards D as the "best" answer. A sounds good, but is not really accurate. A financial planner needs to be adept all those fields.

  30. brandon125
    • 3 years ago
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    ok. i have on more.

  31. brandon125
    • 3 years ago
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    Which of the following is a true statement? A. The dividends-earnings ratio is a key factor that serious investors use to evaluate stock investments. B. The price-earnings ratio for a corporation must be studied for one period only. C. The price-earnings ratio is based on the company's dividends. D. The price-earnings ratio for one firm may be compared to the price-earnings ratio for all firms.

  32. brandon125
    • 3 years ago
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    @amistre64

  33. amistre64
    • 3 years ago
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    you are aware that these questions are designed to see how well you have studied the material right?

  34. brandon125
    • 3 years ago
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    yea but these 3 are the only ones i missed on a test. and im retaking it. and i dont find answer in textbook.

  35. amistre64
    • 3 years ago
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    do you recall ho w to determine a PE ratio?

  36. brandon125
    • 3 years ago
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    nope

  37. amistre64
    • 3 years ago
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    im sure thats in your textbook ....

  38. amistre64
    • 3 years ago
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    since 3 answers deal with PE ratio, id say A is out; which one did you pick to begin with, we can rule that one out then

  39. brandon125
    • 3 years ago
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    im going with C being the answer

  40. amistre64
    • 3 years ago
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    \[P/E=\frac{market~price}{earnings~per~share}\] \[P/E=\frac{market~price(\#shares)}{net~income}\] i dont think dividends play a big role in that

  41. brandon125
    • 3 years ago
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    so its D

  42. amistre64
    • 3 years ago
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    i like D the best.

  43. brandon125
    • 3 years ago
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    thnx bro!

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