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timofeeve [1]
3 years ago
5

PLEASE HELP!!!

Business
2 answers:
lilavasa [31]3 years ago
8 0
The answer will be B. It increased
telo118 [61]3 years ago
4 0

Answer: The correct answer is choice B.

Explanation:

The debt ratio is the amount of credit that you are using of your credit limits, divided by the total credit limit. In this case, it is calculated by the following formula:

(990.34 + 2,365.78 + 5,897.65) / (3,500 + 4,600 + 8,000)

Debt ratio= 9,253.77 / 16,100

Debt ratio= 57.5%

If they pay off the lowest card and then close the account the calculations will be the following:

(2,365.78 + 5,897.65) / (4,600 + 8,000)=

8,263.43 / 12,600=

Debt ratio = 65.6%

By paying off the account and closing it the debt ratio increased. By closing the account you owe a higher percentage of your total balance then you did before closing the account.

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A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
labwork [276]

Answer:

C alternative would yield the lowest total cost for an expected annual volume of 111 boats

Explanation:

The computation of each alternatives are shown below:

A (new location)

Fixed cost                                     $310,000

Variable cost ($400 × 111 boats) $44,400

Transportation cost                      $5,300

Total cost                                      $359,700

B (subcontract)

Fixed cost                                       $0

Variable cost ($3,200 × 111 boats)$355,200

Transportation cost                      $32,000

Total cost                                      $387,200

C (expand existing facilities)

Fixed cost                                     $74,000

Variable cost ($1,200 × 111 boats) $133,200

Transportation cost                      $88,000

Total cost                                      $295,200

Out of these, the alternative C has the lowest total cost

3 0
2 years ago
A customer opens an account at a brokerage firm to purchase securities in an offering. The customer must receive the disclosure
zhuklara [117]

Answer:

The correct option is A

Explanation:

NASAA stands for North American Securities Administrators Association,which describe or states that falling to provide or supply to customer, the purchasing securities in an offering.

It should be done at no later than the confirmation date of the transaction, either a preliminary prospectus or a final prospectus and an extra document, which altogether contained all the information stated in the final prospectus.

Therefore, the customer should receive the disclosure document on no later date than confirmation of the sale.

3 0
3 years ago
Garrett Company provided the following information:
uysha [10]

Answer:

Overall operating profit will decrease by $25,000

Price is $32.5

Explanation:

A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.

In a shut down decision , the following relevant cash flows should be considered:

1. Lost contribution from the product to be shut down

2. Savings in fixed directly attributable to the product under consideration.

                                                                                          $

Lost contribution from products 2  

(15-10)× 20,000                                                            (100,000)

Savings in direct fixed cos                                        <u>   75,000</u>

Net loss from the drop of product 2                         <u>  (25,000)</u>

Overall operating profit will decrease by $25,000

Mark up is the proportion of cost as profit

Price = cost + (mark-up %×  cost

Price = 25 + (30%× 25) = 32.5

Price is $32.5

3 0
2 years ago
How do consumers take part in the resource market?
Andrew [12]

Simple answer....too break it down if there was no consumers there would be Stores open.

Definition of consumer is a person who purchases goods and services for personal use.

7 0
3 years ago
Explain the importance of thoroughly checking your SAR and what steps you can
melisa1 [442]

Based on financial analysis, the importance of thoroughly checking your SAR is that "possessing an accurate SAR gives individuals the high tendency of earning a financial aid award."

Generally, the financial aid awards depend on the accurate details given in the SAR report.

However, should there be an error in the SAR report, here is the step you can take:

Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.

The FAFSA form can be filled online.

SAR is an acronym for Student Aid Report.

Hence, in this case, it is concluded that SAR information is crucial for students that need financial aids.

Learn more here: brainly.com/question/24801462

5 0
2 years ago
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