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2 years ago

Plzz help!!!!!!

Business

1 answer:

mestny [16]2 years ago

6 0

Answer:

The correct answer is letter "A": Low payments fit better in their monthly budget.

Explanation:

Usually, people who opt to make minimum payments on loans take that decision because they cannot afford to pay the principal plus regular monthly interest. While it can be a solution not to have a negative balance on the loan, minimum payments extend the length of the loan and carry higher interest rates.

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The special fund established by the legislature to help compensate victims of real estate licensee fraud is the: ____

Nostrana [21]

Answer:

The special fund established by the legislature to help compensate victims of real estate licensee fraud is the: Recovery Account

Explanation:

You can refer to the history of this fund in the following link:

http://www.dre.ca.gov/Consumers/ConsumerRecoveryAccount.html

6 0

3 years ago

Anders industries currently holds two debts: an $11,000 debt due in 12 months and a $16,000 debt due in 18 months. anders prepar

lianna [129]

All $27,000 in debt should be classified as current liabilities. Since the current liabilities section of the balance sheet encompasses obligations that are due to be fulfilled in the near term, and includes amounts relating to accounts payable, incomes, utilities, taxes, short-term loans, and so forth. Current liabilities are debts that are due to be compensated within one year or the operating cycle, whichever is longer.

7 0

3 years ago

Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Mountain

svet-max [94.6K]

a. Mountain Air's net income for fiscal 2015 is $910,000.

b. The number of new shares issued is 1,120,000.

c. The price per share of the new stock sold during 2015 is $4.20.

d. The original price of the shares was $2.08.

a. The net income is

= $1,500,000 - $800,000 + $210,000

= $910,000

b. The number of New Share issued is

= 1,600,000 - 480,000

= 1,120,000

c. The price of the new stock per share sold is

Par Value 1,120,000

Add: Paid In excess Of par (4,100,000 - 520,000) 3,580,000

Net Proceeds from issuance of shares 4,700,000

Number of New Share Issued 1,120,000

Now

The Average price per share of the new stock sold is

= 4,700,000 ÷ 1,120,000

= $4.20

d. The original price of the share is

The original issuance price is

= (Paid-in-capital account + common stock account) ÷ original shares

= (520,000 + 480,000) ÷ 480,000

= $2.08

Therefore we can conclude that

a. Mountain Air's net income for fiscal 2015 is $910,000.

b. The number of new shares issued is 1,120,000.

c. The price per share of the new stock sold during 2015 is $4.20.

d. The original price of the shares was $2.08.

Learn more: brainly.com/question/13931207

5 0

2 years ago

21. WHAT DOES IT MEAN TO "EMPATHIZE" WITH A GUEST?

Jobisdone [24]

Answer:

When a guest is complaining, emotions will be involved. The empathetic staff member will listen to the guest carefully, not simply offering sympathy

4 0

3 years ago

Given the following information, analyze XYZ Company's liquidity. Year 2013 Total quick assets $30,000 Total current assets $40,

kogti [31]

Answer:

A. They are more liquid than others in their industry.
C. They have sufficient quick assets to pay off short-term debt if needed.

Explanation:

The Acid-test and current ratios are used to measure the liquidity of a company with higher figures meaning more liquidity. XYZ Company has a both a higher acid-test and current ratio so they are more liquid than others in their industry.

The Acid-test and current ratio also enable one to find out if a company is able to pay off its current obligations/ liabilities using current assets. With the acid-test ratio being above one, XYZ is able to pay off short-term debt using quick assets.

6 0

2 years ago