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2 years ago

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Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre

dit cards. IV. Using the internet to pay your bills

2 answers:

kolbaska11 [484]2 years ago

6 0

1and3

I hope this helps and have a wonderful day filled with joy!!

worty [1.4K]2 years ago

3 0

Paying your phone bill late and maxing out your credit cards will hurt your credit... So it should be 1 and 3 :)

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What is diminishing marginal returns?

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In economics, diminishing returns is the decrease in the marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

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2 years ago

Penny Lyman is the owner and operator of Go109, a motivational consulting business. At the end of its accounting period, Decembe

zalisa [80]

Based on the accounting equation, the amount for each case can be independently determined as follows:

a. The Penny Lyman, capital, as of December 31, 20Y1, is <u>$494,000.</u>

b. If assets increased by $88,000 and liabilities increased by $27,000, the Penny Layman, capital, as of December 31, 20Y2, is <u>$555,000</u>.

c. If assets decreased by $151,000 and liabilities increased by $13,000, the Penny Layman, capital, as of December 31, 20Y2, is <u>$330,000</u>.

d. If assets increased by $152,000 and liabilities decreased by $16,000 during 20Y2, the Penny Layman, capital, as of December 31, 20Y2, is <u>$672,000</u>.

e. Assuming that as of December 31, 20Y2, assets were $782,000, liabilities were $196,000, and there were no additional investments or withdrawals, and the capital remained $494,000 of 20Y1, then the net income or (loss) for 20Y2 is <u>$92,000</u> ($782,000 - $196,000 - $494,000)

<h3>Data and Calculations:</h3>

Assets at December 31, 20Y1 =$659,000

Liabilities = $165,000

Capital = Assets - Liabilities

= $494,000 ($659,000 - $165,000)

<h3>20Y2:</h3>

Assets = $747,000 ($659,000 + $88,000)

Liabilities = $192,000 ($165,000 + $27,000)

Capital = $555,000 ($747,000 - $192,000)

<h3>Question C:</h3>

Assets = $508,000 ($659,000 - $151,000)

Liabilities = $178,000 ($165,000 + $13,000)

Capital = $330,000 ($508,000 - $178,000)

<h3>Question d:</h3>

Assets = $821,000 ($659,000 + $162,000)

Liabilities = $149,000 ($165,000 - $16,000)

Capital = $672,000 ($821,000 - $149,000)

<h3>Question Completion:</h3>

a. Penny Lyman, capital, as of December 31, 20Y1. $

b. Penny Lyman, capital, as of December 31, 20Y2, assuming that assets increased by $88,000 and liabilities increased by $27,000 during 20Y2. $

c. Penny Lyman, capital, as of December 31, 20Y2, assuming that assets decreased by $151,000 and liabilities increased by $13,000 during 20Y2. $

d. Penny Lyman, capital, as of December 31, 20Y2, assuming that assets increased by $152,000 and liabilities decreased by $16,000 during 20Y2.

e. Net income (or net loss) during 20Y2, assuming that as of December 31, 20Y2, assets were $782,000, liabilities were $196,000, and there were no additional investments or withdrawals.

Learn more about the accounting equation here: brainly.com/question/24401217

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1 year ago

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2 years ago

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$16,100

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Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.

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2 years ago

with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than

ikadub [295]

The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.

Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.

A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.

If there is presence of government intervention in the production, then, the production of goods or service will be halted.

Therefore, in conclusion, this type of externality is called the Negative Externality.

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