Continue reading LIFC 303 Quiz 4

LIFC 303 Quiz 4

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Investors who earn larger returns because they borrow part of the money needed to buy a particular stock are using which of the following techniques? Earnings per share equals the corporation’s earnings divided by the number of outstanding shares of a firm’s common stock. The EPS of a company can be compared to the industry’s…

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Continue reading LIFC 303 Quiz 3

LIFC 303 Quiz 3

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They myth the author was taught in academia is to use _________ to invest in ________. (pg. 170) It is wise to keep one’s home mortgage only if they can get the tax deduction. The author recommends having a home equity loan instead of an emergency fund. The Mortgage Bankers Association says the average life…

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Continue reading LIFC 303 Quiz 2

LIFC 303 Quiz 2

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is credited for the famous quote, “Great spirits have often encountered violent opposition from weak minds.” The author states in Chapter 7 that he believes that most powerful wealth- building tool is one’s What animal metaphor did the author relate to getting out of debt? The author recommends that one should clean out their savings…

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Continue reading LIFC 303 Quiz 1

LIFC 303 Quiz 1

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What is the motto of The Total Money Makeover? According to the text, why is being “financially fat” a big problem? The author’s grandma used to say that 70 percent of solving a problem was realizing that there is one. The author states it is acceptable to give money to friends in need if you…

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