## brandon125 Group Title is anybody good in personal finance? one year ago one year ago

1. goformit100 Group Title

I am alwasys good in it

2. brandon125 Group Title

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 Group Title

@goformit100

4. goformit100 Group Title

D. dividends are usually paid twice a year.

5. brandon125 Group Title

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 Group Title

@goformit100

7. goformit100 Group Title

8. goformit100 Group Title

Please post this question in eastion

9. goformit100 Group Title

ok

10. Luis_Rivera Group Title

if i were good in personal finance, i wouldnt be here !

11. brandon125 Group Title

eastion?? which is...?

12. brandon125 Group Title

are you actually good?? @Luis_Rivera

13. amistre64 Group Title

i dont think "D" is the most correct answer

14. Luis_Rivera Group Title

No, that's the point, I'm actually very bad !

15. brandon125 Group Title

can you help @amistre64

16. amistre64 Group Title

i could .... but the answer to your first question is not "D"

17. brandon125 Group Title

then what is it?

18. brandon125 Group Title

@amistre64

19. amistre64 Group Title

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 Group Title

a?

21. amistre64 Group Title

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

22. brandon125 Group Title

so thats the right one?

23. amistre64 Group Title

its the "best" one .... yes

24. brandon125 Group Title

ok. can you help me on the second question?

25. amistre64 Group Title

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 Group Title

a and b are the bad ones?

27. amistre64 Group Title

no, b is absurd ... but a reads like it could be legit

28. brandon125 Group Title

so b and c no, right? and the right answer is D?

29. amistre64 Group Title

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 Group Title

ok. i have on more.

31. brandon125 Group Title

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 Group Title

@amistre64

33. amistre64 Group Title

you are aware that these questions are designed to see how well you have studied the material right?

34. brandon125 Group Title

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 Group Title

do you recall ho w to determine a PE ratio?

36. brandon125 Group Title

nope

37. amistre64 Group Title

im sure thats in your textbook ....

38. amistre64 Group Title

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 Group Title

im going with C being the answer

40. amistre64 Group Title

$P/E=\frac{market~price}{earnings~per~share}$ $P/E=\frac{market~price(\#shares)}{net~income}$ i dont think dividends play a big role in that

41. brandon125 Group Title

so its D

42. amistre64 Group Title

i like D the best.

43. brandon125 Group Title

thnx bro!