If you are in the 24 percent tax bracket and you expect to itemize your deductions, the amount you will save in taxes for the current year depends on the specific deductions you have and their total value.
1. Determine your taxable income: Start by calculating your taxable income, which is your total income minus any deductions you are eligible for. For example, if your total income is $50,000 and you have $10,000 in deductions, your taxable income would be $40,000. 2. Calculate your tax liability: Multiply your taxable income by the tax rate associated with your tax bracket. In this case, you are in the 24 percent tax bracket. So, if your taxable income is $40,000, your tax liability would be $40,000 x 0.24 = $9,600. 3. Calculate your tax savings from itemized deductions: If you expect to itemize your deductions, you will need to calculate the total value of your deductions and subtract them from your tax liability. For example, if your deductions amount to $8,000, your tax savings would be $8,000 x 0.24 = $1,920.
Therefore, if you are in the 24 percent tax bracket and expect to itemize deductions, you could potentially save $1,920 in taxes for the current year. However, please note that this calculation is a simplified example, and the actual amount you save will depend on the specific deductions you have and their value. It is always recommended to consult a tax professional for personalized advice regarding your tax situation.
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what data sources did land prize consultants inc. use? check all that apply.survey of rancho del sol employeesinterviews with sandal-leon
Interviews with sandal-leon managers ata sources did land prize consultants inc. use. The answer is OPTION A
A larger report's major elements are outlined in an executive summary. It is frequently written to be distributed to people who might not have the time to read the complete report. Only after reading the executive summary should the reader be able to decide.
The executive summary will skim over the most important points included in your business plan. Due to this, you should first draft the whole business plan before working on the executive summary. Only information from the business strategy should be included in the executive summary. Make your introduction interesting. The concise overview section found in a lengthy report or document is known as the executive summary.
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A. Interviews with sandal-leon managers
B. Observations of city council meetings
C. survey of rancho del sol employees
D. City and state documents Survey
yvcfap992 corporation uses the weighted-average method in its process cosing system. in their first processing department, yvcfap992 coporation worked on 1,071 equivalent unites of production
The weighted-average method is used by yvcfap992 corporation in its process costing system. In the first processing department, yvcfap992 corporation worked on 1,071 equivalent units of production.
The weighted-average method calculates the average cost per unit by considering both the costs of current and previous periods. It is commonly used in situations where it is difficult to differentiate between units produced in different periods.
To calculate the equivalent units of production, the weighted-average method takes into account the number of partially completed units. In this case, yvcfap992 corporation worked on 1,071 equivalent units, which means that some of the units were partially completed.
This method is useful for determining the average cost per unit and helps in allocating costs accurately in a process costing system.
In summary, yvcfap992 corporation used the weighted-average method to calculate the equivalent units of production in its first processing department. This method considers both the costs of current and previous periods to determine the average cost per unit. By using this method, yvcfap992 corporation can allocate costs accurately in its process costing system.
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M Cafe uses 208 pounds of special tea annually, each pound costs $16. Carrying costs are $52 per pound per year because space is very scarce. It costs the shop $8 to prepare a purchase order. Assume 52 weeks per year, closed on Mondays. Supplier lead time is 3 days. a) How many pounds of special tea should Cafe order at a time? b) What is the total annual cost (Excluding item cost)? c) What is the optimal number of orders per year? d) What is the optimal number of days between orders? e) What is the reorder point?
Previous question
A. The cafe should order 8 pounds of special tea at a time. B. The total annual cost, excluding the item cost, is $416. C. The optimal number of orders per year is 26. D. The optimal number of days between orders is approximately 1.96 weeks. E. The reorder point is approximately 2.0391 pounds of special tea.
a) To determine the number of pounds of special tea that the cafe should order at a time, we need to consider the economic order quantity (EOQ) formula. The EOQ formula is given by:
EOQ = √((2DS) / H),
where D is the annual demand (208 pounds), S is the setup cost per order ($8), and H is the carrying cost per pound per year ($52).
Using the given values, we can calculate the EOQ as follows:
EOQ = √((2 * 208 * 8) / 52) = √64 = 8 pounds.
Therefore, the cafe should order 8 pounds of special tea at a time.
b) The total annual cost, excluding the item cost, can be calculated by considering the carrying costs and ordering costs. The carrying costs per year can be calculated as:
Carrying costs = (Carrying cost per pound per year) * (EOQ / 2),
Carrying costs = $52 * (8 / 2) = $208.
The ordering costs per year can be calculated as:
Ordering costs = (Number of orders per year) * (Cost per order),
Number of orders per year = (Annual demand) / (EOQ) = 208 / 8 = 26.
Ordering costs = 26 * $8 = $208.
Therefore, the total annual cost, excluding the item cost, is $208 + $208 = $416.
c) The optimal number of orders per year is already calculated in part b, which is 26 orders per year.
d) The optimal number of days between orders can be calculated by dividing the number of weeks in a year by the number of orders per year:
The optimal number of days between orders = (Number of weeks in a year) / (Number of orders per year),
Number of weeks in a year = 52 - 1 (closed on Mondays) = 51.
The optimal number of days between orders = 51 weeks / 26 orders ≈ 1.96 weeks.
Therefore, the optimal number of days between orders is approximately 1.96 weeks.
e) The reorder point indicates when the cafe should place a new order to avoid running out of stock. The reorder point can be calculated by considering the lead time demand, which is the demand during the lead time (3 days in this case):
Reorder point = (Lead time demand) + (Safety stock),
Safety stock is the buffer stock maintained to account for uncertainties in demand and lead time. Since the question doesn't provide information about the safety stock, we assume it to be zero for simplicity. Hence:
Reorder point = (Lead time demand) = (Daily demand) * (Lead time),
Daily demand = (Annual demand) / (Number of working days in a year),
Number of working days in a year = (Number of weeks in a year) * (Number of working days in a week),
Number of working days in a week = 7 - 1 (closed on Mondays) = 6.
Number of working days in a year = 51 weeks * 6 days = 306 days.
Daily demand = 208 pounds / 306 days ≈ 0.6797 pounds per day.
Reorder point = 0.6797 pounds per day * 3 days = 2.0391 pounds.
Therefore, the reorder point is approximately 2.0391 pounds of special tea.
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FILL THE BLANK. according to the principle of _____, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
According to the principle of comparative advantage, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
The principle of comparative advantage is an economic concept that suggests countries should specialize in producing goods or services in which they have a lower opportunity cost compared to other countries. Opportunity cost refers to the value of the next best alternative that must be given up in order to produce a particular good or service. When a country specializes in producing a specific product, it can allocate its resources more efficiently, leading to increased productivity and economic growth. However, this specialization comes at the cost of sacrificing the production of other goods or services for which the country may have had some comparative advantage but chooses not to pursue.
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Sport managers compete for the __________ of consumers through the sale of items that might or might not be related to the primary focus of the sport business.
Sports managers compete for the discretionary funds of consumer by selling items that may or may not be related to the core focus of the sports business.
What are discretionary funds?Corresponds to a type of expense related to a product or service that is not considered essential, even if there is a utility that justifies it, such as:
Travel expensesRestaurantAcademyMovie theaterAutomobilesSporting items that can be linked to discretionary spending can be, for example, accessories related to a football team, such as a hat, key chain and sportswear.
Therefore, sports managers develop strategies to develop products and services that are characterized as discretionary funds to attract consumers, increase the profitability and competitiveness of a brand in the market.
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Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had the same terms: $18, 195 at 10% for 2 years. Use ordinary interest as needed. Calculate the simple interest note proceeds. Simple interest note proceeds $ Calculate the simple discount note proceeds. Simple discount note proceeds $
a. The proceeds for the simple interest note would be $21,834.
b. The proceeds for the simple discount note would be $14,556.
a. To calculate the proceeds for both the simple interest note and the simple discount note, we need to use the appropriate formulas.
Simple Interest Note Proceeds:
The formula to calculate the proceeds for a simple interest note is:
Proceeds = Principal + (Principal × Rate × Time)
Principal (P) = $18,195
Rate (R) = 10% (convert it to decimal form by dividing by 100: 10/100 = 0.10)
Time (T) = 2 years
Substituting the values into the formula:
Proceeds = $18,195 + ($18,195 × 0.10 × 2)
Proceeds = $18,195 + ($3,639)
Calculating the result:
Proceeds = $21,834
Therefore, the proceeds for the simple interest note would be $21,834.
b. Simple Discount Note Proceeds:
The formula to calculate the proceeds for a simple discount note is:
Proceeds = Principal - (Principal × Rate × Time)
Given the same values:
Principal (P) = $18,195
Rate (R) = 10% (convert it to decimal form by dividing by 100: 10/100 = 0.10)
Time (T) = 2 years
Substituting the values into the formula:
Proceeds = $18,195 - ($18,195 × 0.10 × 2)
Proceeds = $18,195 - ($3,639)
Calculating the result:
Proceeds = $14,556
Therefore, the proceeds for the simple discount note would be $14,556.
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A person refuses to open a savings account because he worries that the bank will fail and he will lose all of his money. What does this person need to know
The person in question needs to know about the "concept of deposit insurance".
Deposit insurance is a system implemented by many countries to protect bank deposits up to a certain amount in the event of a bank failure. It provides a guarantee to depositors that their funds will be reimbursed even if the bank becomes insolvent. By understanding deposit insurance, the person can gain assurance that their money will be safeguarded in case of a bank failure.
This knowledge can alleviate concerns and encourage them to open a savings account, knowing that their deposits are protected by the deposit insurance scheme established by the government or regulatory authorities.
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Identify industries and career-based activities in which computer technology makes people's work easier or more efficient. (Select All That Apply)
Career-Based Activities
□ Pharmacist filling a prescription
□ Doctor diagnosing a patient
□ Teacher keeping track of student
grades
□ Stock broker keeping track of stock
prices
Career-Based Activities:
Pharmacist filling a prescriptionDoctor diagnosing a patientTeacher keeping track of student gradesStock broker keeping track of stock pricesWhat is computer technology?Generally, In all of these industries and activities, computer technology plays a vital role in making work easier and more efficient. For example, pharmacists use computer systems to check for drug interactions, dosage calculations, and to maintain patient records.
Doctors use electronic health records and medical imaging technology to diagnose and treat patients more effectively. Teachers use computerized grading systems to keep track of student grades and progress, and to communicate with students and parents. Stock brokers use sophisticated software tools to monitor stock prices, analyze market trends, and execute trades more quickly and accurately.
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The SBA is a source of assistance that provides small businesses with the following
programs.
government contracting
advocacy
entrepreneurial development
access to capital
Answer:
government contractingadvocacyentrepreneurial developmentaccess to capitalExplanation:
SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA), promotes economic growth by providing useful resources and information to help them start and develop small businesses.
The SBA supports the advancement of small businesses in the following ways.
Education and training, Providing information and links to affordable creditConnecting to government contractsOffering business adviseYou want to buy a new car that costs $30,000, and you put 20% down payment on the purchase and finance the remainder. How much would your monthly payments be if you borrow the money for 5 years from a credit union at 6% annually?
Remember: You have to make the term of the loan and the interest rate monthly values to align with the monthly payment you want to compute)
Answer:
$459.60
Explanation:
To calculate the monthly payments on a car loan, we need to know the loan amount, the term of the loan, and the interest rate.
Here, the car costs $30,000 and you put a 20% down payment, which means you will finance the remaining $24,000.
The term of the loan is 5 years, which means there are 60 months in the loan period.
The interest rate is 6% annually. To align this rate with monthly payments, we need to divide it by 12, which gives us a monthly interest rate of 0.005.
Using the above information, we can calculate the monthly payment using the formula for the monthly payment of a loan:
Monthly Payment = [P * (r * (1+r)^n)] / [(1+r)^n - 1]
Where P is the loan amount, r is the monthly interest rate, and n is the total number of payments.
Plugging in the values, we get:
Monthly Payment = [24000 * (0.005 * (1+0.005)^60)] / [(1+0.005)^60 - 1]
Solving this equation, we get a monthly payment of approximately $459.60.
Therefore, if you borrow $24,000 for 5 years from a credit union at an annual interest rate of 6%, your monthly payments would be $459.60.
commercial banks hold deposits and
A large corporation that has its headquarters in Boston, manufacturing plants in Indonesia, and regional offices and retail stores on four continents, including Latin America is called a:
which factor of production does human capital enhance? i. land ii. labor iii capital
Option 2 is correct. Labour is the major factor of production that enhances human capital.
Factors of production are the inputs needed for creating a good or service, and they are the sources of info required for making a decent or administration, and Factors of production incorporate land, labour, entrepreneurship, and capital.
The people who control the variables of creation frequently partake in the best abundance in the general public. In a free enterprise, the elements of creation are most frequently constrained by entrepreneurs and financial backers. In communist frameworks, the public authority (or local area) frequently applies more prominent command over the variables of creation. The cutting-edge meaning of variables of creation is fundamentally gotten from a neoclassical perspective on financial matters. It amalgamates past ways to deal with the financial hypothesis, like the idea of work as a component of creation from communism, into a solitary definition. Land, work, and capital as elements of creation were initially distinguished by early political business analysts like Adam Smith, David Ricardo, and Karl Marx. Today, capital and work stay the two essential contributions to cycles and benefits. Creation, like assembling, can be followed by specific files, including the ISM manufacturing index.
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Which of the following accounts would not
use T-Accounts?
A. Shareholder's Capital
B. Cash
C. Dividends Payable
D. None of the Above
Is South Korea one of the fastest-growing Asian country
Answer:
yes, it is
Explanation:
It has one of the largest economies in the world
A broker has a single agency relationship with the seller. Any REQUIRED property condition disclosure would be completed by the
Answer:
Buyer
Explanation:
It will be completed by the buyer. This is because after the seller has indicated the potential defects and problems that could potentially affect the value of the property, the onus lies on the buyer to complete the form from his findings too in that regards.
Franklin corporation issues $97,000, 8%, 5-year bonds on January 1, for $101,370. Interest is paid semiannually on January 1 and July 1. If Franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is
Answer:
$3,006
Explanation:
Bond issue = $97,000
Interest rate = 8%
Bond value sold = $101,370
Time period 5 years
N.B The premium will have to be to be discounted from the interest expense because Franklin corporation sold the bond at a value higher than the face value i.e premium value.
Therefore;
Coupon = $97,000 × 8% × 1/2
= $3,880
Amortization of bond premium = ($101,370 - $97,000) /5 years period
= $4,370/5
= $874
Total interest expense
= $3,880 - $874
= $3,006
How can entrepreneurship help school leavers to not become a part of the unemployed?
Entrepreneurship can help students by helping them to establish businesses that can help them with income.
What is entrepreneurship?
This is simply the act of owning a business for the sake of profits. Entrepreneurship is good for every economy because it reduces dependence on the government.
Entrepreneurship helps to ensure that the people have something that fetches them income.
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Morgan has worked very hard to become a social worker. She feels a sense of fulfillment when she can help families. Morgan is offered a promotion to manager, but this would mean that she would no longer work with families. To stay on her career path, Morgan must accept the promotion. ( True False)
the sales manager at a company wants to keep informed, so he collects, analyzes, and stores data from the macro environment on a continuous basis. this illustrates the concept of .
The answer to your question is that the sales manager's approach illustrates the concept of environmental scanning. Environmental scanning is the process of collecting and analyzing information about the external environment in order to identify opportunities and threats that may affect an organization's performance.
Environmental scanning involves monitoring and analyzing various aspects of the macro environment, including political, economic, social, technological, environmental, and legal factors (PESTEL analysis). By doing so, organizations can gain insights into changes and trends in their industry, identify potential competitors, anticipate shifts in consumer preferences, and make informed decisions about how to adapt to the changing business environment.
The sales manager's continuous data collection, analysis, and storage is an important aspect of effective environmental scanning, as it allows the organization to stay informed and agile in response to changes in the external environment. By staying up-to-date on industry trends and developments, the sales manager can help the company remain competitive and achieve its goals.
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The financial markets are a relatively new technological development created in the last 50 years.
Answer:
False
Explanation:
Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.
Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.
If the price of an Economics e-text was equal to $45.00 and the quantity sold was
equal to 125, then the total revenue would equal $3,625. True or False?
The total revenue is not equal to $3,625.
Given that,
The price of the economics e-text is equivalent to $45.The quantity sold is 125So, the following formula to be used for determining the total revenue:
= Price × quantity sold
= $45 × 125
= $5,625
Therefore we can conclude that the total revenue is not equal to $3,625.
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A sector is a diversified group of companies.
True or False
Explanation:
A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.
For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.
Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True
If a company reports a net loss, it:
(a) will not be able to make capital expenditures
(b) will not be able to get a loan
(c) will not be able to pay cash dividends
(d) may still have a net increase in cash
If a company reports a net loss, it may still have a net increase in cash. The Option D is correct.
What is a net loss?In accounting, a net loss is derived when the total expenses (such as taxes, fees, interest, depreciation) exceeds the income or revenue produced for a given period of time. A net loss could be contrasted with a net profit also known as after-tax income or net income.
Most time, a net loss occurs when sum total of expenses exceeds the total income or revenue generated by a business, project, transaction or investment.
For a business, the net loss is sometimes referred to as a net operating loss. For tax purposes, a net losses may be carried forward into future tax years to offset the gains or profits in those years. A net loss can also appears on the company's bottom line or income statement. In conclusion, either of Net loss or net profit is calculated using the following formula: Net Loss (or Net Profit) = Revenues - Expenses.
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Inthe open-economy macroeconomic model, if for some reason foreign citizens want to purchase more U.S. goods and services at each exchange rate, then a. the demand for dollars in the market for foreign-currency exchange b. the demand for dollars in the market for foreign-currency exchange shifts left. c. the supply of doll ars in the market for foreign-currency exchange shifts right. d. the supply of doll ars in the market for foreign-currency exchange shifts left. shifts right.
In the open-economy macroeconomic model, when foreign citizens want to purchase more U.S. goods and services at each exchange rate, the demand for dollars in the market for foreign-currency exchange shifts right.
In an open-economy, foreign citizens need to convert their currency into U.S. dollars to buy U.S. goods and services. When the demand for these goods and services increases, the demand for U.S. dollars in the foreign-currency exchange market also increases.
This leads to a rightward shift in the demand curve for dollars. As a result, the value of the U.S. dollar may appreciate, making it more expensive for foreign citizens to buy U.S. goods and services.
However, the increased demand for dollars could also encourage U.S. exporters to supply more dollars to the market, potentially offsetting some of the currency appreciation.
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.The theory of purchasing power parity states that the long-run level of the exchange rate must
A. be based on the supply and demand for currency.
B. be fair to the countries that are trading.
C. make it possible to buy equivalent bundles of goods in either country.
D. make financial assets evenly priced in either country.
The theory of purchasing power parity states that the long-run level of the exchange rate must make it possible to buy equivalent bundles of goods in either country. The correct option is c.
According to the theory, in an efficient market, the exchange rate between two currencies should reflect the relative purchasing power of each currency. This means that if goods are priced higher in one country compared to another, the exchange rate should adjust to equalize the purchasing power of consumers in both countries. In other words, the exchange rate should ensure that a given amount of currency can buy the same basket of goods in different countries, accounting for transportation costs and trade barriers.
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Mike relocated for work and learned that the region in which he planned to buy a home had many old underground mines. In fact, Mike might even need to purchase mine subsidence insurance. What might a home inspector flag for Mike if there are any concerns about undermining
The issue that a home inspector will flag for Mike, given the concerns about a undermining, is the formation of a sinkhole on the property
The reason for the presence of a sinkhole on the property being raised by the home inspector is as follows;
The location Mike intended to buy a home is one with several underground mines, such that Mike could need mine subsidence insurance
A home inspection is an aid that helps a person intending to but a house make more informed decisions about the home under consideration
The function of an home inspector includes the identification of the issues that could possibly arise and the maintenance to be expected on the property, and therefore, the risks and opportunity in the purchase
Among the potential risk that will raised by a home inspector on the property with underground mines include the possibility of a sinkhole on the property
A sinkhole is a surface depression that results due to dissolution of near surface rocks by water draining into cavities under the soil surface, thereby eroding the rock such limestone, underneath, that develops in a manner which is not readily obvious or predictable
Sinkhole are not covered by most homeowner's insurance policy, making the property a money pit
Therefore, the home inspector might flag the likelihood of a sinkhole on the property
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Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the optimal debt-to-capital ratio is somewhere between 20% and 50%, and her staff has compiled the following projections for EPS and the stock price at various debt levels: Debt/Capital Ratio Projected EPS Projected Stock Price 20% $3.30 $34.50 30 3.40 36.25 40 3.90 35.75 3.60 33.25 Assuming that the firm uses only debt and common equity, what is Terrell's optimal capital structure? Choose from the options provided above. Round your answers to two decimal places. % debt % equity At what debt-to-capital ratio is the company's WACC minimized? Choose from the options provided above. Round your answer to two decimal places.
The company's WACC is minimized at the debt-to-capital ratio of 30%. So the answer is 30%.
The optimal capital structure of Terrell Trucking Company, which uses only debt and common equity, can be calculated using the following table:
Debt/ Capital RatioDebt/ Equity RatioEquity/ Capital Ratio Projected EPSProjected Stock Price
20%0.252.50$3.30$34.5030%0.333.67$3.40$36.2540%0.5050.00$3.60$33.2549.50%0.981.02$3.90$35.75
By calculating the percentages of debt and equity in the different capital structures, we can identify the optimal capital structure, which is the one that maximizes the firm's stock price.
According to the table above, Terrell's optimal capital structure is 30% debt and 70% equity.
To calculate the WACC, we need to know the cost of debt, the cost of equity, and the tax rate.
Suppose that the cost of equity for Terrell is 15%, and the after-tax cost of debt is 7%.
The tax rate is 35%.
Then the WACC can be calculated as follows:
WACC = (E/V) × Re + (D/V) × Rd × (1 - Tc)
Where: E = Market value of equity
D = Market value of debt
V = E + DRe = Cost of equity
Rd = Cost of debt
Tc = Tax rate
For the optimal capital structure, we have:
E/V = 0.70D/V = 0.30Re = 0.15
Rd = 0.07
Tc = 0.35
WACC = (0.70 × 0.15) + (0.30 × 0.07) × (1 - 0.35) WACC = 0.105 + 0.014 × 0.65WACC = 0.1145
The company's WACC is minimized at the debt-to-capital ratio of 30%.
Therefore, the answer is 30%.
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3. what is the purpose of performing an asset classification, asset assessment and risk assessment as part of the security strategy? take each item in turn describing what it is, how it is implemented and the purpose of it.
Asset classification is the process of locating and classifying assets according to their worth and relevance. Set protective activities in order of importance.
Assessing assets involves determining their present condition and any possible weaknesses. Determine and reduce security threats is the goal. Risk assessment is the process of analysing and assessing the probability and potential consequences of security risks. Create a security plan that is informed by risk. The practise of classifying assets into distinct groups according to their attributes, such as liquidity, risk, and return, is known as asset classification. By enabling them to make wise investment choices and keep an eye on their financial performance, this aids businesses in managing their assets more efficiently. Cash and cash equivalents, fixed income securities, stocks, commodities, real estate, and alternative investments are examples of common asset types.
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in the book Romeo and juliet what is Juliet's dads name
Answer:
Lord Fulgencio Capulet
Explanation: