To meet increased expenses, Marsha will need to increase her B. income
<h3>What is an Expense?</h3>
This refers to the price of a good or service that a person has to purchase so as to meet a business need.
Hence, we can see that in order to meet increased expenses which results in more spending, the best thing which Marsha needs to do is to increase her income so she can be able to afford more things.
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The information that a manager or an owner can get by having an insight into the accounting information about accounts receivable and bad debts is how much amount of goods are sold to the consumers on credit and how much is the amount that the consumers are not able to pay for the goods that they had bought.
It will also help to decide how much of a provision is required to be kept in advance for bad debts. If a company has a high amount of accounts receivable but a small number of bad debts then it shows that the company is efficient in doing the credit sales and gives goods on credit only to those consumers who can give the debt back.
The manager or the owner can decide that they can do more credit sales as there is less chance of it becoming worse. If a company has a high amount of accounts receivable and a high amount of bad debts then it shows that the company is inefficient in doing the credit sales and gives goods on credit to consumers without a surety of getting the debt back.
The manager or the owner can decide that they cannot do more credit sales as there is more chance of it becoming worse.
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Answer:
b. increases to $206
Explanation:
Based on the above information given the holder of the call option will earn a profit if the price of the share increase to 206 because
the price of the stock have to increase to above $205 breakeven which is ($200+$5) in order for the option holder to earn a profit or make a gain.
Hence:
$200 + $5
= $205 (breakeven)
Therefore the holder of the call option will earn a profit if the price of the share increases to $206
Answer:
True
Explanation:
The Fair Credit Reporting Act of 1970 (FCRA) was enacted as a legislation by the U.S. Federal Government to ensure accuracy, fairness, and privacy of consumer information which consumer reporting agencies have in their files. The aim is to ensure that inaccurate information are not intentionally and/or negligently included in the credit report of consumer reporting agencies.
Although, initially when FRCA was passed in 1970, customers does not have the option of preventing sharing of information about them. However, when FCRA was amended in 1996, it allows companies to share among their affiliates different data collected on their customers subject to the provision that customers are allowed to prevent the sharing of the information.
Therefore, under the Fair Credit Reporting Act of 1970 (FCRA), consumers can stop financial institutions from sharing their credit report or credit applications with affiliates.
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