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3 years ago

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

2 answers:

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:

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

Explanation:

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,

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.

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Ten reasons why we need to have laws for business's

Anika [276]

1. To define unacceptable behavior.
2. To provide certainty & stability.
3. To protect the public.
4. To provide mechanism for businesses to resolve disputes.
5. Law gives everyone a framework for how to ace and operate.
6. To make better decisions.
7. To sue & be sued.
8. To balance harm done by the offender against the individual and society at large.
9. To collect and generate revenue from the masses.

Just need one more sorry

8 0

4 years ago

The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials I

Rudik [331]

Answer:

$115,000

Explanation:

Data provided as per the question is below:-

Beginning balance = $81,000

Direct material issued = $27,000

Direct labor incurred = $7,000

The computation balance Process Inventory is shown below:-

Balance in the Work-in-Process Inventory = Beginning balance + Direct material issued + Direct labor incurred

= $81,000 + $27,000 + $7,000

= $115,000

4 0

3 years ago

This exercise is built around Whole Foods Market’s financial statements from the chapter. Average common shareholders’ equity fo

uysha [10]

Answer: ROCE was 13.7% in 2012

Explanation:

4 0

3 years ago

You and your new spouse each bring home $1400 each month after taxes and other payroll deductions. By living frugally, you inten

Annette [7]

Answer:

22 months

Explanation:

The 20% down payment which is target savings =$165,000*20%=$33,000

The are two paychecks which is $1,400 each

monthly savings is one paycheck=$1,400

rate of compounding is 7.83% yearly=7.83%/12=0.006525 monthly

The number of months the savings will reach $33,000 can be computed using the nper formula in excel as shown below:

=nper(rate,pmt,-pv,fv)

rate is the monthly rate i,e 0.006525

pmt is the monthly savings of $1,400

pv is the present worth of the savings which is unknown

fv is the future value of target savings which is $33,000

=nper(0.006525,-1400,0,33000)=22 months approximately

4 0

3 years ago

Luigi minimized the stress of testing positive for HIV by viewing this circumstance as an opportunity for a renewed religious co

marissa [1.9K]

His reaction best illustrates the importance of stress appraisal.

Explanation:

Stress appraisal explains how the individuals handle and cope with the stressful event. The individuals are monitored and evaluated on how they handle the situation or event. The reaction of the people may differ on how they understand the happening.

The person undergoing stress may be emotional and the outcomes of the person depend on the level of the stress he/she is undergoing. The person with stress may feel tensed, angry and frustrated.

3 0

3 years ago

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