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wariber [46]
3 years ago
7

What financial behaviors will typically lead to a low credit score?

Business
1 answer:
levacccp [35]3 years ago
5 0
The behavior that will typically lead to low credit score is <span>A. Maxed out credit cards
When people maxed out their credit cards, the credit card company will most likely to make additional charges before the balance is paid out. Maxed out credt cards would be interpreted as having uncontrollable consuming behavior and will result in low-credit card score.</span>
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The Buck Store is considering a project that will require additional inventory of $216,000 and will increase accounts payable by
Anestetic [448]

Answer:

$607,250 outflow

Explanation:

Net Working Capital is the amount of money needed to maintain operations on a day to day basis.

Net Working Capital = Current Assets - Current Liabilities

where,

<u>Current Assets are calculated as :</u>

Inventory                                                        $216,000

Accounts Receivable ($525,000 x 1.09)   $575,250

Total                                                                $788,250

and

Current Liabilities = $181,000

therefore,

Net Working Capital = $788,250 - $181,000 = $607,250

Conclusion

The project's initial cash flow for net working capital is $607,250 outflow.

5 0
2 years ago
Identify the type of business writing for each description.
Westkost [7]
There are four types of businesses organisation. Sole trader is owned by one person and he makes all the decisions, and earns profit and bears the loss himself. A partnership is owned by 2 or more people and they help each other. The profit and loss is divided between them.
4 0
2 years ago
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash
zheka24 [161]

Answer:

Usually, we use the "Income Summary" account to close the Income Statement accounts such as revenues and expenses.

First, close the revenue account by debiting it:

(DR) Service Revenue $450,000

(CR)       Income Summary    $450,000

Then, close the expenses accounts by crediting them:

(DR) Income Summary $407,000

(CR)        Salaries Expense       $350,000

(CR)        Rent Expense              $17,500

(CR)       Depreciation Expense   $35,000

(CR)      Interest Expense             $4,500

Finally, close the Income Summary account to Retained Earnings.

The balance of the Income Summary is a credit balance of $43,000

(credit of $450,000 less debit of $407,000)

So, to close the account we have to debit it.

(DR)  Income Summary      $43,000

(CR)               Retained Earnings          $43,000

4 0
3 years ago
Each of the following is a disadvantage of buying rather than making a component of a company's product except that Select one:
shtirl [24]

Answer:

The correct answer is letter "C": Profitable product lines may be dropped.

Explanation:

The decision of making a product in-house or relying on an outsourcing manufacturer is evaluated mainly by comparing the costs that handling a new production line carries. While outsourcing can save a company a great amount of money in <em>labor, equipment, materials, </em>and <em>knowledge</em>, quality control is not managed directly.  

However, <em>a new line of components in-house implies incurring in most costs that could conflict the production of existing profitable product lines that could see their numbers reduce gradually until the product drops.</em>

6 0
2 years ago
When the price of hot dogs decreases, what happens in the market for the complementary good of hot dog buns?.
NikAS [45]
I’m pretty sure it’s that the market for complementary goods increase
7 0
1 year ago
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