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lesya692 [45]
3 years ago
6

The first step in building a good credit record is _____.

Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0

Answer: open a savings account

<span><span>From the given choices (apply for a credit card, open a savings account, apply for a car loan, open a store credit account</span>), the first step in building a good credit record is to open a savings account. </span>

Bank accounts can help you access credit and acquire a home, a car, a personal loan because banks favor existing customers, especially those who manage their money well. 

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As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth
Brums [2.3K]

Answer:

Gain = $150,000

Explanation:

Given:

Contribution = $200,000

Exchange stock = $300,000

Cash = $50,000

Find:

Gain

Computation:

Gain = Exchange stock + Cash - Contribution

Gain = $300,000 + $50,000 - $200,000

Gain = $150,000

5 0
3 years ago
A company's business model details the manner in which the company will pass the three tests of a winning strategy. indicates ho
inysia [295]

Answer:

<u><em>The correct answer is:</em></u> clarifies (1) how the business will provide customers with value, and (2) why the business will generate revenues sufficient to cover costs and produce attractive profits.

Explanation:

The business model of a company is a tool that helps a new enterprise to enter the market seeking to understand all the variables that make up the business and that integrated will assist in providing value to customers and generating enough revenue to cover costs and produce attractive profits.

Because it is an easy tool to make, cheap and easy to implement, it is essential that each company develop its business model with a focus on creating value in order to achieve innovation and creativity for business success.

It is important for the entrepreneur to follow some steps to realize his business model, which can be constantly modified when he finds more creative strategies to generate business value. Some questions can be asked such as: What will be done, how will it be done, for whom will it be done and how much will be spent. According to all these premises, it will be possible to seek the best way to implement a business that is profitable and competitive in the market.

6 0
4 years ago
Which of these would most likely be funded through a Community Facilities District?
horrorfan [7]

Answer:

what ones there's only the question not the answers

7 0
3 years ago
Read 2 more answers
Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions)
Elena-2011 [213]

Answer:

Large most likely reports net cash outflows from investing activities of $9 million.

Explanation:

Large Corporation

Statement of cash flows (extract)

                                                                      $ in millions

Purchase of patent                                            ($14)

Proceeds from sale of land and buildings          24

Cash paid to acquire office equipment              (19)

Net cash flows from investing activities         ($9)

Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings  and investment revenue belong to operating activities section of the cash flows

7 0
3 years ago
Most economists believe that real economic variables and nominal economic variables behave independently of each other in the lo
VikaD [51]

Answer:

Nominal;nominal;real;the quantity theory.

Explanation:

Most economists believe that real economic variables and nominal economic variables behave independently of each other in the long run.

For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a real variable. The distinction between real variables and nominal variables is known as the quantity theory.

5 0
4 years ago
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