Opening several loans within a 60-day period can do which of the following to a credit score?

Determine which phase of the business cycle is associated with each event. a. Unemployment reaches its highest levels, while out

MAVERICK [17]

Answer and Explanation:

The explanation is as follows:

a. In the case when the unemployment reaches to the highest level and the results is in lowest so it would be due to trough

b. In the case when there is a decrease in unemployment and the production would be expand so this is due to an expansion

c. In the case when the economy is in full employment and the output would be generated in full capacity so this is due to peak

d. In the case when the real output is fallen for minimum two quarters so this is due to recession

6 0

3 years ago

Conley Company has fixed costs of $20,445,000. The unit selling price, variable cost per unit, and contribution margin per unit

Free_Kalibri [48]

Answer:

Yankee Zoro

Break-even units 47000 188000

Explanation:

Break even for multiple products = Total fixed costs/ (weighted average selling price- weighted average variable cost)

weighted average selling price = ($295 * 20%) + ( $215 *80%) = 59+172=$231

Weighted average variable cost = ($160 * 20%) +( $140*80%)=32+112=$144

weighted average contribution = $231-$144 = $87

breakeven = $20,445,000/$87= 235000 units

for Yankee = 235000*20%= 47000

for Zoro = 235000*80%= 188000

8 0

3 years ago

When the amount of revenue collected in advance decreases during an accounting period:(A) Accrual-basis revenues exceed cash col

otez555 [7]

Answer:

The correct answer is letter "A": Accrual-basis revenues exceed cash collections from customers.

Explanation:

Revenue collected in advance are profits collected usually at the beginning of a contractual agreement that implies obligations from the firm for a certain time. For instance, insurance companies charging a one-time payment for an annual policy fall into this category.

The accrual basis of accounting states that profits are reported on the income statement as they are earned. In that case, if the revenue collected in advance decreases, the accrual-basis revenues will be higher than the cash collections from customers under the advanced payment method.

5 0

3 years ago

Carpenters, Inc., a manufacturing company, acquired equipment on January 1, 2017 for $ 520 comma 000. Estimated useful life o

san4es73 [151]

Answer:

Annual depreciation= $47,618

Explanation:

Giving the following information:

Purchasing price= $520,000

Useful life= 7 years

Residual value= $20,000

New useful life= 9 years

First, we need to determine the annual depreciation and accumulated depreciation before January 2020.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (520,000 - 20,000)/7= 71,429

Accumulate depreciation= 71,429*3= $214,287

New annual depreciation:

Book value= 520,000 - 214,287= 305,713

Annual depreciation= (305,713 - 20,000) / 6

Annual depreciation= $47,618

5 0

4 years ago

When are you required to operate a motorboat or pwc at 30 miles per hour or less?

saw5 [17]

When are you required to operate a motorboat or PWC at 30 miles per hour or less the operator should operate between one-half hour after sunset and one hour before sunrise. It is illegal to operate a motorboat or PWC in excess of 30 miles per hour without any permission at any time from a half hour after sunset until one hour before sunrise when on waters on the state and therefore be accused by exceeding night speed limit. In addition, when the operator sees buoys or sign, they specify a boating restricted area established to protect the safety of the public and property. In these areas, a vessel may not progress at a speed greater than essential to preserve steering.

3 0

3 years ago