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r-ruslan [8.4K]
3 years ago
11

Which of the following are signs of a person being in credit distress?

Business
1 answer:
Over [174]3 years ago
5 0

Answer:

C. Only making minimum payments on credit cards each month

Explanation:

Credit distress is a financial status where an individual or a firm cannot meet its obligations in time. The business or the individual cannot generate sufficient resources to pay their debts as they become due. To a business, high fixed costs, economic downturns, and illiquid assets cause credit distress.

Poor budgeting, unnecessary debt load, poor financial decisions lead to credit distress among individuals. Other signs of credit distress include living or over-relying on overdrafts, problem paying bills on time, and getting reminder collection calls and past-due notices.

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Crimp corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year, the estimated direct
Anton [14]

First of all, the predetermined overhead will be calculated.

Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hour

Predetermined overhead rate = $ 258,000 ÷ 15,000 hours = $ 17.20 per direct labor hour

Actual manufacturing overheads = $ 253,000

Applied manufacturing overheads = Predetermined overhead rate × Actual direct labor hours

Applied manufacturing overheads = $ 17.20 × 13,100 = 225,320

Applied manufacturing overheads are less than actual manufacturing overheads, thus overheads are under applied.

Actual manufacturing overheads - Applied manufacturing overheads = $ 27,680 under applied

4 0
3 years ago
The pre-tax cost of debt for a firm: is based on the yield to maturity on the firm's outstanding bonds. is equal to the coupon r
Molodets [167]

Answer:im sorry i dont know

Explanation:

8 0
3 years ago
15 POINTS IF U ANSWER NOW!!!!! Which non-income factor for a potential job promotion would influence a person whose mother needs
Verdich [7]

Answer:

D. Family

Explanation:

5 0
2 years ago
What factors in society have promoted careers in early childhood?
Elena L [17]
The factors in society are all around us and them.
As corny as it might sound but the early promoted careers all are because the parents and the teachers and the community.
6 0
2 years ago
An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly
evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0
2 years ago
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