Sarah doesn’t know what any of this stuff means-please write a memo to her as if she is a client of a financial planner.

Part 1: You’re at a family party when your cousin, Sarah, approaches you admitting she knows “nothing about money.” She is starting a new job at UConn and has a choice between a 401k and a pension. She really wants to make the smart choice and asks for your advice. In order to vest in … Read more

What information would you need from Sarah in order to give her sound advice?

Individual case 2 Part 1: You’re at a family party when your cousin, Sarah, approaches you admitting she knows “nothing about money.” She is starting a new job at UConn and has a choice between a 401k and a pension. She really wants to make the smart choice and asks for your advice. In order … Read more

Distinguish between the short run and the long run. What will differentiate the short run and the long run?

Short run and the long run Resources Read Chapter 7 of the textbook. Sarah owns a bakery that has four ovens, one full-time exempt administrative employee, and eight part-time hourly bakers. Based on this information, respond to the following: Distinguish between the short run and the long run. What will differentiate the short run and … Read more