Question

In: Finance

Allison made a lengthy list of goals and quickly realized she is not currently in a...

  1. Allison made a lengthy list of goals and quickly realized she is not currently in a position to attain all of them. What should she do next?
    1.      Eliminate the most costly goals.
    2.     Eliminate the goals that are the farthest away in the future.
    3.      Rank her goals dividing them into short and long-term goals.
    4.     Rank her goals according to the annual savings she would have to make in order to reach the goal.

Solutions

Expert Solution

Option d is correct

Allison has to Rank her goals according to the annual savings she would have to make in order to reach the goal. She should Rank the goals based on her annual savings and needs to save fixed amount to accumualte funds to make the goals achievable.


Related Solutions

Allison, age 45, is beginning to panic about inflation in retirement. She is currently saving $15,000...
Allison, age 45, is beginning to panic about inflation in retirement. She is currently saving $15,000 real a year and will retire 20 years from now. Inflation is 2.5% and her fund are earnings a return of 6%. What is her real rate of return (adjusted for inflation)?
1. Once again, quickly, what are the goals of rent control? Please list and discuss TWO...
1. Once again, quickly, what are the goals of rent control? Please list and discuss TWO ALTERNATIVE PROPOSALS to achieve the same goals that rent control laws try to achieve. 2. Please argue for and against each proposal that you discussed in question 1: What are the strengths and weaknesses in each proposal, in theory? Why are both proposals superior to ‘pure’ rent control in helping tenants, at least in theory? 3. How would you describe the relationship between a...
Which are the main goals of Operations Strategy? (12) List some examples of strategic decisions made...
Which are the main goals of Operations Strategy? (12) List some examples of strategic decisions made in Operations Management ( at least 5)
Which are the main goals of Operations Strategy? (12) List some examples of strategic decisions made...
Which are the main goals of Operations Strategy? (12) List some examples of strategic decisions made in Operations Management ( at least 5)
What are some goals of the ACA in reducing spednong on healthcare, proposed and realized penalties,...
What are some goals of the ACA in reducing spednong on healthcare, proposed and realized penalties, and taxes to generate revenues?
Allison is a system analyst; she needs to ensure to create a system design which is...
Allison is a system analyst; she needs to ensure to create a system design which is flexible and adaptable. The better the system design the more cost can be saved in the future. X is performed most often to improve the existing software rather than respond to a crisis or a system failure. Identify X. State and explain in details the practice of X.
Your aunt Maria is planning for retirement in 12 years. She currently has a portfolio made...
Your aunt Maria is planning for retirement in 12 years. She currently has a portfolio made up of $50,000 in a money market savings account and $125,000 in a mutual fund. She receives an annual bonus from her current employer that she plans to deposit in the savings account at the end of each year for the next 12 years. The annual rates of return for the savings account and mutual fund, and the annual amount deposited in the savings...
Judy Allison sells cellular telephones for Alabama Office Supply in Birmingham. Today she is calling on...
Judy Allison sells cellular telephones for Alabama Office Supply in Birmingham. Today she is calling on Bill Taylor, purchasing agent for a large manufacturing firm. Two weeks earlier, she had made her first sales call and had left a demonstrator for the company executives to try out. The previous evening, Bill had called Judy and asked her to come in so he could give her an order. After their initial hellos, the con- versation continued: Buyer: Judy, thanks for coming...
Allison has Parkinson's disease. the disease significantly hinders her physical movements. She is applying for a...
Allison has Parkinson's disease. the disease significantly hinders her physical movements. She is applying for a marketing manager position at HexCorp. She is highly qualified, but Hex chooses not to hire her for fear that her disease will hinder her ability to adequately perform the job duties. If Allison seeks to sue HexCorp, what facts about Allison's medical diagnosis, the position, and HexCorp will the court examine to determine if there has been discrimination prohibited by the ADA?
Allison has Parkinson's disease. the disease significantly hinders her physical movements. She is applying for a...
Allison has Parkinson's disease. the disease significantly hinders her physical movements. She is applying for a marketing manager position at HexCorp. She is highly qualified, but Hex chooses not to hire her for fear that her disease will hinder her ability to adequately perform the job duties. If Allison seeks to sue HexCorp, what facts about Allison's medical diagnosis, the position, and HexCorp will the court examine to determine if there has been discrimination prohibited by the ADA?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT