1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
3 years ago
7

Why do you think banks and companies want to know if you have opened up any new credit accounts recently?

Business
1 answer:
svetlana [45]3 years ago
5 0
Idk lol, look on quizlet
You might be interested in
Zanda Corp. and Jones Corp. are identical in every way (products produced, costs, demand, etc.) except for one. Zanda uses a lev
Natali [406]

Answer: (C) Zanda will have higher inventory carrying costs.

Explanation:

  The inventory carrying cost is one of the type of overall holding inventory cost that helps in identifying the various types of business expenses and also storing the various types of unsold goods and the services in the market.  

The inventory carrying cost is also known as the holding cost and it is basically responsible for handling the cost system by using the estimated formula.

According to the given question, Zanda corporation is basically using the level production plan for the purpose identifying their business factors such as costs, demand and the products.

So, based on the given information is Zanda will have the high inventory carrying cost statement is true. Therefore, Option (C) is correct answer.  

 

3 0
3 years ago
Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square f
jekas [21]

Answer:

a) $7,400

b)$60,000

Explanation:

First, we need to complete the question

a) What is Rita's home office deduction for the current year?

b) What is Rita's AGI for the year?

Solution

a) Rita's Home Office Deduction for the Current Year

Description                                                        Amount ($)

Gross Income                                                   13,000

Subtract: Her Business Expenses                    (5,600)

The balance                                                        7,400

Subtract: Expenses under 1st Tier                     (6,700)

(Interest 5,100 + taxes 1,600)

Balance                                                                   700

Subtract: Expenses unde 2nd Tier                        (700)

($800 Operating Expernses before limit)

Balance                                                                    0

Subtract: Expenses under 3rd Tier                         (0)

1,600 Depreciation before limit

<u>Net income from Rita's Business                              0</u>

The Deduction allowed Rita is $7,400 a totla of the home office expenses and the home operating expenses

Note that there was no expense subtracted for the Tier 3 expenses this is because Rita's income had reduced to $0 and there was nothing to subtract from

B)  What is Rita's AGI for the year?

The AGI is the Rita's reported AGI of $60,000 + $0 which is the net calculated income from her business. So her AGI remains $60,000.

6 0
3 years ago
Settings alzania produces and consumes​ 500,000 tons of cotton during a year. Reports indicate that​ alzania's neighbor, which a
UkoKoshka [18]

Answer: C- Alzania's neighbor exported half its production of cotton that year

Explanation: Alzania produces and consumes​ 500,000 tons of cotton during a year. While, the neighbor which also employs the same number of people in the cotton​ industry, consumed​ 400,000 tons of cotton. There is no information on production of the neighbor. Just by looking at the consumption units we can argue that Alzania has an absolute advantage over the neighbor as it consumes more. However, if there is any information on the amount of exports of cotton from the neighbor then it will weaken the absolute advantage conclusion.

Thus, if <em>Alzania's neighbor exported half its production of cotton that year </em>the total production of cotton is greater of the neighbor than Alzania.

6 0
3 years ago
Dividends are part of the return you receive on your investment when you buy stock.
Shalnov [3]
That sounds about right for accounting anyway

4 0
3 years ago
Read 2 more answers
Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas
salantis [7]

Answer:a)$195,500 b) $10,735 c)$6,900

Explanation

a)adjusted basis of Kevin’s Bluebird stock on December 31, 2020?

1,000 shares was bought for $115,000

Therefore it was bought at  $115 per share

Also

750 shares was bought at  $80,500 and therefore bought at 107.33 per share

So in total of 1750 shares, He  spent $195,500    ($115,000+ $80,500)

b.On December 12, 2020,he bought  shares at 107.33 per share  

500 shares would be  500 x $107.33=$53, 665    

Therefore,   Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021 would be

$64,400- $53, 665 = $10,735

c.Assuming he cannot identify the shares sold, then we can say they are sold on a FIFO ( first in first out) basis. So we would consider the shares bought on October 3, 2020

so we have that

500 x $115=$57,500

$64,400 - $57,500 = $6,900

7 0
3 years ago
Other questions:
  • Match the name of each bank service to its description.
    5·1 answer
  • Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$16​
    13·1 answer
  • an economy where more money is being collected than is being allocated or spent is known as what type of economic stance
    15·2 answers
  • 0. Sarah takes home $33,000 per year from her job as a computer repairperson. Her only debt obligations are a car loan payment o
    11·1 answer
  • Although a major advantage of the corporate form of entity is the liability protection for its principals, there are some cases
    12·1 answer
  • Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an
    10·1 answer
  • 11. Which major NIMS Component describes systems and methods that help to ensure that incident personnel and other decision make
    5·1 answer
  • Which doctor was the first to read the patient's chart in grey's anatomy
    8·2 answers
  • If the economy is in an inflationary gap and the government attempts to balance the budget, the effect will be to
    5·1 answer
  • The difference between a change in supply and a change in the quantity supplied is that the latter is:.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!