2 years ago

What is the best way to use a credit card to build your credit history?

Business

1 answer:

rjkz [21]2 years ago

7 0

Answer:

All you have to do is pay off your credit card bill in full and on time each month, and just keep doing that.

Explanation:

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What is a toxic leader?

andriy [413]

A selfish leader that lets his/her desires above the good of their people.

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3 years ago

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Which is true of output-choice models of oligopoly behavior?

brilliants [131]

B SHOULD BE THE CORRECT

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3 years ago

Calculate the average growth rate. (Enter your answer as a percentage, rounded to 2 decimal places, using intermediate calculati

KIM [24]

Answer:

Growth rate is 6%

Explanation:

Po = $\frac{D1}{r-g}$

P = 0.3 / (0.1 - 0.06)

P = $75

Dividend growth model is used to calculate the stock price based on the dividend growth.

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2 years ago

The per-unit standards for direct materials are 2 pounds at $5 per pound. Last month, 9200 pounds of direct materials that actua

Andrews [41]

Answer:

the direct material quantity variance is $5,000 favorable

Explanation:

The computation of the direct material quantity variance is shown below:

Direct material quantity variance is

= (Actual quantity - standard quantity) × standard price

= (9,200 pounds - 5,100 units × 2 pounds) × $5 per pound

= (9,200 pounds - 10,200 pounds) × $5 per pound

= $5,000 favorable

hence, the direct material quantity variance is $5,000 favorable

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2 years ago

Bennett Co. has a potential new project that is expected to generate annual revenues of $262,100, with variable costs of $144,00

swat32

Answer:

Operating cash flow= $29,886

Explanation:

Giving the following information:

Sales= $262,100

Total variable cost= $144,000

Total fixed costs= $61,300.

Annual interest expense of $24,500. The annual depreciation is $25,200 and the tax rate is 34 percent.

<u>We need to determine the operating cash flow:</u>

Sales= 262,100

Total variable cost= (144,000)

Contribution margin= 118,100

Total fixed costs= (61,300)

Depreciation= (25,200)

Interest= (24,500)

EBIT= 7,100

Tax= (7,100*0.34)= (2,414)

Depreciation= 25,200

Operating cash flow= 29,886

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3 years ago