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sergey [27]
3 years ago
11

Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit ca

rd to purchase the phone and you set up automatic billing to pay the monthly expenses. At the end of each month, you pay the credit card bill in full. Does your Credit Score go up or down? Why Does it go up or down? If your score goes down, how can you fix it?
Business
1 answer:
Fed [463]3 years ago
5 0
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
You might be interested in
Gourmet Pets is interested in computing the breakeven quantity for its new product, Prime Cuts. The annual fixed costs that must
dlinn [17]

Answer:

187,500 units.

Explanation:

Fixed cost= $750,000

Variable cost= $2

Price= $6

To calculate the break-even quantity, we use the formula

Break even= Fixed cost ÷ (Price - Variable cost)

Let's input the values of each

$750,000/($6 - $2)

= $750, 000/ $4

= 187,500 units.

Therefore the break even is 187,500 units.

7 0
3 years ago
Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the futur
expeople1 [14]

Answer:

$14,693.28 (COMPOUNDED ANNUELY)

$14,859.47 (COMPOUNDED QUARTELY)

$14.000. (SIMPLE)

Explanation:

6 0
3 years ago
Crystal Industries is considering an expansion project with cash flows of -$287,500, $107,500, $196,100, $104,500, and-$92,700 f
GaryK [48]

Answer:

E. Yes: The MIRR is 9.13 percent.

Explanation:

<em>The First Step is to Calculate the Terminal Value at end of year 4.  </em>

Terminal Value (FV) = Sum of (PV x (1 + r) ^ 5 - n)

                                 = $107,500 x (1.134) ^ 3 + $196,100 x (1.134) ^ 2 + $104,500 x (1.134) ^ 1 + -$92,700 x (1.134) ^ 0  

                                 = $156,764.47 + $252,175,97 + $118,503 - $92,700  

                                 = $434,743.44

<em>The Next Step is to Calculate the MIRR using a Financial Calculator : </em>

- $287,500 CFj

0           CFj

0          CFj

0            CFj

$434,743.44   CFj

Shift IRR/Yr 9.13%

Therefore, the MIRR is 9.13% .

4 0
3 years ago
The senior management at Life Inc., a pioneer in the health care domain, came up with a blueprint to address the current issues
yuradex [85]

Answer:

The answer is: D) Sustainability

Explanation:

Organizational sustainability is the survival of an organization, which not only depends on financial sustainability but also on complex and dynamic dimensions like workforce growth, delivering value to customers, etc.

It is one of the most important results in applying the Baldrige Model for Business Excellence, which is a system launched by the US government.

5 0
3 years ago
The owner of a successful restaurant has gotten bored with his business. He
marta [7]

Answer:

my best guess would be C.

5 0
3 years ago
Read 2 more answers
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