Whose goal follows most of the features of a smart goal?
a.
alicia has set a target of getting a job within the next two months. she is willing to work anywhere as long as it offers her the opportunity to travel.
b.
claude is not very ambitious. he does not want to study further. he wants to work as an apprentice cook in a local restaurant.
c.
penelope is a health enthusiast and wants to start her own nutritional consultancy in three years. after a lot of research and talking to people in this field, she has made a list of the things she needs to do to achieve her goal.
d.
lawrence wants to work with children or become a writer.
e.
anna wants to take up any job that enables her to travel the world on business trips.

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii

Afamily wishes to save for future college expenses. which financial tool should the family invest in?