Question

is anybody good in personal finance?

Answer 1

I am alwasys good in it

Answer 2

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.

Answer 3

@goformit100

Answer 4

D. dividends are usually paid twice a year.

Answer 5

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.

Answer 6

@goformit100

Answer 7

Please this question NEWLY

Answer 8

Please post this question in eastion

Answer 9

ok

Answer 10

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

Answer 11

eastion?? which is...?

Answer 12

are you actually good?? @Luis_Rivera

Answer 13

i dont think "D" is the most correct answer

Answer 14

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

Answer 15

can you help @amistre64

Answer 16

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

Answer 17

then what is it?

Answer 18

@amistre64

Answer 19

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"

Answer 20

a?

Answer 21

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

Answer 22

so thats the right one?

Answer 23

its the "best" one .... yes

Answer 24

ok. can you help me on the second question?

Answer 25

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?

Answer 26

a and b are the bad ones?

Answer 27

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

Answer 28

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

Answer 29

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.

Answer 30

ok. i have on more.

Answer 31

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.

Answer 32

@amistre64

Answer 33

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

Answer 34

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

Answer 35

do you recall ho w to determine a PE ratio?

Answer 36

nope

Answer 37

im sure thats in your textbook ....

Answer 38

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

Answer 39

im going with C being the answer

Answer 40

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

Answer 41

so its D

Answer 42

i like D the best.

Answer 43

thnx bro!