Ask question

Ask question

All categories

Ad libitum [116K]

3 years ago

13

Jose's only debt obligations are a car loan payment of $436 and a credit card payment of $50 every month. What is the minimum am

ount of money he must take home every month in order to avoid being in danger of credit overload?

2 answers:

Nikitich [7]3 years ago

6 0

I think it is A and D.

never [62]3 years ago

5 0

The answer that i got was $2430 hope this helped

You might be interested in

The new growth theory states that A. technological advances are the responsibility of the government. B. the subsistence level i

EleoNora [17]

Answer:

C. technological advances are the result of discoveries and choices.

Explanation:

The new growth theory was developed by a man named med Paul Romer. This new growth theory stresses the role which is determined by human choices.

The new growth theory states that technological advances are the result of discoveries and choices, rather than random choices. It explains the fact that new innovations and technological advancement are not the result of random chance, but they occur as a result of humans and their desire for new innovations.

Therefore option C is correct

7 0

3 years ago

Capital gains that are realized upon the sale of a municipal security are:________

baherus [9]

Answer:

A. I and III

Explanation:

Capital gains on the municipal securities are taxable at the Federal, State and Local Level. Only the interest income from the municipal securities will be exempted from the Federal income tax.

8 0

3 years ago

The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate

Bezzdna [24]

Answer:

Option B is the correct answer,1.05

Explanation:

Present value index can be computed using the below formula:

present value index=present value of cash inflows/initial amount invested

present value of cash inflows=annual net cash flow*present value factor of annuity

annual net cash flow=$93,750

present value factor of annuity=4.212

present value of cash inflows=$93,750*4.212=$394,875.00

initial amount invested is $375,000

present value index=$394,875.00/$375,000 =1.053

The present value index of this project is approximately 1.05,which is the option B in the multiple choices

3 0

3 years ago

A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs = 10.5%, and the expect

kipiarov [429]

Answer:

<em>$18.29</em>

Explanation:

It is very simple as per the question to calculate the current stock price.

The formula for calculating the Stock price is,

P = D/(r-g)

Hence, we calculate as follows,

Price = 0.75/(0.105-0.064)

Price = 0.75/0.041

<u><em>Price = $18.29</em></u>

<u><em /></u>

<u><em>Good Luck.</em></u>

5 0

3 years ago

Firecracker Company has developed the following standards for one of its products. Direct materials: 15 pounds × $16 per pound D

Natasha_Volkova [10]

Answer:

(-$10,000) Unfavorable

Explanation:

Direct materials:

Quantity = 15 pounds

Standard price = $16 per pound

Actual price = Purchase Price ÷ Purchase quantity

= 170,000 ÷ 10,000

= 17

Material price variance:

= Actual purchase quantity × (Standard price - Actual price)

= 10,000 × ($16 - $17)

= 10,000 × (-$1)

= (-$10,000) Unfavorable

7 0

4 years ago