the earnings multiple approach would result in the following life insurance calculations for Cory and Tisha. Cory’s needs = $38‚000 x (1 – 0.22) x 12.46 = $369‚314 Tisha’s needs = $46‚000 x (1 – 0.22) x 12.46 = $447‚065 Cory currently has $76‚000 (2 x $38‚000) of term life insurance through his employer. Consequently‚ Cory should consider purchasing approximately $293‚000 of additional life insurance coverage. Tisha has $69‚000 of term insurance through her employer‚ as well as a whole life policy
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• Tracy‚ a manager at a busy warehouse‚ was slow to hire new employees‚ preferring instead to encourage improvements from his current staff. He carefully watched his other costs too‚ performing equipment maintenance on a regular basis to improve its lifespan. Tracy would best be described as a(n) _____ manager. efficient • Marie recently became a managing partner at her law firm. Though her job has changed‚ she still needs to have the necessary ______ skills to advise and review the contracts of
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LB5212:03 FINANCIAL FOUNDATIONS FOR MANAGERS Singapore Campuses Study Period 3‚ 2012 LB5212:03 Financial Foundations for Managers SUBJECT GUIDE 2012 Study Period 3‚ Singapore Campuses Contents Contents 1 1. School Overview 0 2. Subject at a Glance 0 3. Subject Details 0 4. Subject Readings and Resources 0 5. Assessment Details 0 6. Grading Criteria 0 7. Student Assistance 0 8. Important Policies & Guidelines 0 9. Postgraduate Skills & Qualities 0 10. Lecture
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An Open Educational Resource Provided by Victoria University “Marketing: Meeting or Creating Needs?” Developed by Dr Maxwell Winchester Senior Lecturer‚ Victoria University‚ Melbourne Australia Introduction Marketing has often been defined by marketing academics and practitioners in terms of satisfying customers’ needs and wants (e.g.‚ Kotler‚ Burton‚ Deans‚ Brown
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points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. Name at least two things financial planning could help you do. (0.5 points) Save and invest money. Purchase items at a lower price 2. What is trade? (0.5 points) The exchange of things of value 3. What is a service? (0.5 points) It is something of value that a person can do for other people. 4. Name one of the three functions of money. (0.5 points) Medium of
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by holding large amounts of liquid assets will therefore have lower profits. Treasury securities are considered good examples of liquid assets because they can be converted into cash quickly with very little loss of value from current market levels. 2. How is an FI’s liability and liquidity risk management problem related to the maturity of its assets relative to its liabilities? For most FIs‚ the maturity of assets is greater than the maturity of liabilities. As the difference in the average maturity
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Version A Fin 536 Quiz 4 Solutions Name_______________ Section_4pm/7pm Use the following table of swap quotes when you need it. Years 1 2 3 4 5 Euro Bid 2.99 3.08 3.24 3.44 3.63 Ask 3.02 3.12 3.28 3.48 3.67 Swiss franc Bid Ask 1.43 1.47 1.68 1.76 1.93 2.01 2.15 2.23 2.35 2.43 U. S. dollar Bid Ask 5.24 5.26 5.43 5.46 5.56 5.59 5.71 5.74 5.79 5.83 Japanese yen Bid Ask 0.23 0.26 0.36 0.39 0.56 0.59 0.82 0.85 1.15 1.18 1. （Fill out the answers， 7 pts） a. (Motivation of Interest
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Social Problems Exam #2 Study Guide This study guide is intended to provide you with a fairly comprehensive list of concepts that you should know for this exam. Keep in mind that your exams will be created from a larger pool of questions‚ so it is possible that you will not see a question over everything on this list. Chapter 6: Characteristics of urban and suburban areas Urban-suburban shifts over the past 50 years Deindustrialization Corporate movements Mortgage lending practices and redlining
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abundant organic molecule in nature a) 3 major classes: Monosaccharides – simple sugar – polyhydroxy aldehyde or ketone; represent individual sugar Oligosaccharides – consist of short chains of monosaccharide units joined together by covalent bonds; 2-10 strings of sugar Polysaccharides – long chains having hundreds or thousands of monosaccharide units b) Functions: Provide energy thru oxidation – glucose oxidized for energy Supply carbon for synthesis of cell components Energy storage to form
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excesses inventory was created. Both of these changes would result in interest change of 44‚000 to 155‚000 that the company would have to pay‚ that impact on the company’s future earnings hurts the company’s image to stockholders causing them to worry. 2. Tabulate your results and briefly comment on the liquidity position of the company between the two periods. 2004 2003 Absolute Liquidity 5/895 = 0.005:1 = 40/355 = 0.11:1 From looking at the absolute liquidity ratios of the
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