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3 years ago

Lenders always accept applications for credit.

Business

2 answers:

Nikitich [7]3 years ago

8 0

Explanation:

Lenders always accept applications for credit.

False. Lenders analyze the client's ability to make the payment, noting some variables such as income, past payments, etc. This way, not everyone can get credit.

Credit cards all use the same interest and finance charges.

True. A credit purchase tends to cost more than paying cash. This is because credit purchases affect the amount of interest, increasing the value of the product.

Credit cards all use the same interest and finance charges.

False. Interest and finance charges depend on several variables. It depends on the customer and their financial history, ie the risk factor, their income etc. In addition, there are differences in interest charged by the different institutions.

One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it.

True. The credit increases the time to make the payment. Thus, the payment is not made at the time of purchase, making it an advantage for those who want to make a purchase and has no resources at that time.

Rasek [7]3 years ago

6 0

Lenders always accept applications for credit.False

Credit tends to cost individuals more than paying in cash.
True

Credit cards all use the same interest and finance charges.
False

One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it.
True

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Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48

pochemuha

Answer:

The closest answer is option (A) $4.45

Explanation:

Solution

Now

Let us assume that Omicron spends the entire $60 million to re-bought shares.

Thus

The amount of the regular yearly dividends in the future is nearest to:

Enterprise value =$48/0.10 = $480 million

The market value = Enterprise value + cash = $480 + $60 = $540 million

Share price = market value / shares outstanding = $540 million / 12 million = $45

Now

The number of shares re-bought = $60 million / $45 = 1,333,333 shares

Shares outstanding = 12,000,000 - 1,333,333 = 10,666,667

Dividend = $48 million free cash flow / 10,666,667 = $4.49

Therefore The amount of the regular yearly dividends in the future is closest to $4.45

4 0

3 years ago

Kirby just inherited $250,000. He would like to hire a financial advisor to provide financial advice and to manage the inheritan

Blababa [14]

Answer:

The answer is A.

Explanation:

According to the details given in the question on the two financial advisor's approach, the first advisor does not request a payment but a commission on the funds purchased with the inheritance money. The second advisor does request payment for the job and also a share on the assets managed with the inheritance money.

If Kirby wants to minimize the upfront expenses which can be described as the sum that is paid before a service or a job is done, then the first advisor is the better option. So the answer is A.

I hope this answer helps.

5 0

3 years ago

Please look at the picture

Pepsi [2]

Answer:

3rd box :P

Explanation:

6 0

3 years ago

The purpose of preparing a direct materials budget is to ________. multiple choice 1 allocate the cost of raw materials to produ

Eduardwww [97]

Answer:

1. estimate the quantity of raw materials to be purchased.

2. ending raw materials inventory for the last period.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

1. The purpose of preparing a direct materials budget is to estimate the quantity of raw materials to be purchased. This includes the raw materials that would be used for the manufacturing of finished goods.

2. In a direct materials budget, the desired ending raw materials inventory for the year is equal to the ending raw materials inventory for the last period.

3 0

2 years ago

An intangible asset

Alexxx [7]

Answer:

The correct answer is letter "C": does not have physical substance, yet often is very valuable.

Explanation:

Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.

3 0

2 years ago