anonymous
  • anonymous
is anybody good in personal finance?
Mathematics
katieb
  • katieb
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goformit100
  • goformit100
I am alwasys good in it
anonymous
  • anonymous
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.
anonymous
  • anonymous
@goformit100

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goformit100
  • goformit100
D. dividends are usually paid twice a year.
anonymous
  • anonymous
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.
anonymous
  • anonymous
@goformit100
goformit100
  • goformit100
Please this question NEWLY
goformit100
  • goformit100
Please post this question in eastion
goformit100
  • goformit100
ok
anonymous
  • anonymous
if i were good in personal finance, i wouldnt be here !
anonymous
  • anonymous
eastion?? which is...?
anonymous
  • anonymous
are you actually good?? @Luis_Rivera
amistre64
  • amistre64
i dont think "D" is the most correct answer
anonymous
  • anonymous
No, that's the point, I'm actually very bad !
anonymous
  • anonymous
can you help @amistre64
amistre64
  • amistre64
i could .... but the answer to your first question is not "D"
anonymous
  • anonymous
then what is it?
anonymous
  • anonymous
@amistre64
amistre64
  • amistre64
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"
anonymous
  • anonymous
a?
amistre64
  • amistre64
.. good guess :) before a dividend is declared, the board of directors have to determine of they can offer one to begin with.
anonymous
  • anonymous
so thats the right one?
amistre64
  • amistre64
its the "best" one .... yes
anonymous
  • anonymous
ok. can you help me on the second question?
amistre64
  • amistre64
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?
anonymous
  • anonymous
a and b are the bad ones?
amistre64
  • amistre64
no, b is absurd ... but a reads like it could be legit
anonymous
  • anonymous
so b and c no, right? and the right answer is D?
amistre64
  • amistre64
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.
anonymous
  • anonymous
ok. i have on more.
anonymous
  • anonymous
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.
anonymous
  • anonymous
@amistre64
amistre64
  • amistre64
you are aware that these questions are designed to see how well you have studied the material right?
anonymous
  • anonymous
yea but these 3 are the only ones i missed on a test. and im retaking it. and i dont find answer in textbook.
amistre64
  • amistre64
do you recall ho w to determine a PE ratio?
anonymous
  • anonymous
nope
amistre64
  • amistre64
im sure thats in your textbook ....
amistre64
  • amistre64
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
anonymous
  • anonymous
im going with C being the answer
amistre64
  • amistre64
\[P/E=\frac{market~price}{earnings~per~share}\] \[P/E=\frac{market~price(\#shares)}{net~income}\] i dont think dividends play a big role in that
anonymous
  • anonymous
so its D
amistre64
  • amistre64
i like D the best.
anonymous
  • anonymous
thnx bro!

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