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Ede4ka [16]
3 years ago
9

Which of the following is the best example of a good debt strengthening your financial security?

Business
2 answers:
musickatia [10]3 years ago
6 0
There are many different types of "good debt" to have. Good debt with on time payments helps increase your credit score tremendously overtime because it shows lenders you can borrow money and pay it back on time. Paying your bills on time and sticking to your budget can contribute to payments paying off good debt. A mortgage is an example of good debt. 
butalik [34]3 years ago
5 0

Answer:

<em>Paying debt on time, to increase trust among the lender and borrower, investing in one self that would yield more positive result over time.</em>

Explanation:

<em>An example of  good debt that an strengthening one's financial security is   buying things that save you time and money, buying essential items, investing in yourself by borrowing for more education or to consolidate debt out a mortgage,  </em>

<em>Another example of a good debt is sticking to your budget can contribute to payments paying off good and paying debt on time and.  when you pay on time what you owe  helps increase your credit score better over period of time, because it shows lenders you have the ability to pay back what you borrow on time. </em>

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Based on the segment income statement below, Chips, Inc. is considering eliminating its Barbecue Division line. Revenue from Bar
zloy xaker [14]

Answer: Decrease by $70000

Explanation:

Before the Barbecue Division is eliminated, the profit gotten will be:

Revenue from Barbecue Division sales = $510,000

Less: Salaries = $110000

Less: Direct material = $315000

Profit = $70000

Therefore, based on the analysis above, If Barbecue Division were eliminated, profitability would decrease by $70000

7 0
3 years ago
If a court determines that a manager's corporate decision amounted to self-dealing, a. the manager is automatically personally l
telo118 [61]

Answer:

d. the business judgment rule will not apply.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

One of the advantage of a corporation is that, owners have limited liability for debt to the extent to which they have invested and as such are not personally liable for some of debt owed by corporation.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

In Business management, if a court of competent jurisdiction determines that a manager's corporate decision amounted to self-dealing i.e putting his or her own interests first, the business judgment rule will not apply.

Generally, in order for the business judgement rule to apply, it is expected or required that a manager should act in the best interest of a corporation.

7 0
3 years ago
After nearly 20 years with his company, Mike's job was outsourced. He wants his new job to offer not only a good wage but also j
olga55 [171]

Answer:

intrinsic rewards

Explanation:

In this scenario, it seems that Mike is focused on the intrinsic rewards of his job. These are rewards that come from within the employee themselves. For example, an employee who is motivated is working for his/her own satisfaction and finds meaning in their challenging work, which in term is the intrinsic reward. In this case, the job satisfaction and sense of accomplishment are the intrinsic rewards that Mike wants from his job.

8 0
3 years ago
Chipotle developed a mobile social game called Scarecrow that allowed players who achieved average to high marks in the game to
Tema [17]

Answer:

Advergame

Explanation:

An advergame is a game that is developed in conjuction with a corporate firm which contains advertisment of the products of the corporate firm as well as the firm itself.  

In an advergame, adverts related to the corporate firm that has teamed up with the gaming company are displayed at stages or intervals as agreed upon by the corporate firm and the gaming company.

In the case of Chipotle, it developed a social game to help customers get coupons that can be redeemed at Chipotle stores all over. The scarecrow game is an advergame.

Cheers.

7 0
3 years ago
Why is china australia's main trading partner
Nataly [62]
The reason for this is because they have developed a two way investment relationship. They also have conducted a free trade agreement. China is importing goods from Australia because they need Coal and Oil and Australia provides them with their needs and wants.
8 0
3 years ago
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