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sveta [45]
3 years ago
5

Choose all that apply. Select each of the costs or consequences of being financially irresponsible. having a low credit score ea

rning less money in interest or returns on investments paying more for purchases having more opportunities paying higher interest rates on credit cards paying higher interest rates for loans gaining independence being rejected for loans being unprepared for emergencies
Business
2 answers:
Aleksandr [31]3 years ago
8 0
I feel all can apply?
hope this helped?! :/
fgiga [73]3 years ago
3 0

1. having a low credit score

2. earning less money in interest or returns on investments

3. paying more for purchases

4. paying higher interest rates on credit cards

5. paying higher interest rates for loans

6. being rejected for loans

7. being unprepared for emergencies

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use the cost index method to estimate the current construction cost for a building equivalent to one constructed in 1980 at a co
oksano4ka [1.4K]

Answer:

To determine the current equivalent cost of a construction built in 1980 whose cost was $ 2.7 million, we must establish the relationship between the price index for that year, comparing it with that of the current year.

Taking into account that the average cost index for 1980 was 1941, and that said value is currently 3620, we can note that there was a significant increase in costs. Since 3620/1941 = 1.86, to determine the current cost of construction we must multiply its cost by 1.86.

So, since 2.7 x 1.86 = 5.022, we can establish that the equivalent cost at current prices of said building would have been $ 5,022,000.

6 0
3 years ago
Fixed expenses are $499,000 per month. The company is currently selling 5,000 units per month. The marketing manager would like
damaskus [11]

Answer:

decrease of $8,900

Explanation:

Use the following formula to calculate the net operating income

Net operating income = Sales - Variables cost - Fixed cost

At Current Sales Level

Sales = 5,000 x $160 = $800,000

Variable cost = 5,000 x $48 = $240,000

Fixed cost = $499,000

Placing values in the formula

Net Operaitng Income = $800,000 - $240,000 - $499,000 = $61,000

At Increased Sales level

Sales = 5,900 x ($160-$13) = $867,300

Variable cost = 5,900 x $48 = $283,200

Fixed cost = $532,000

Placing values in the formula

Net Operaitng Income = $867,300 - $283,200 - $532,000 = $52,100

Now calculate the change in net operating income

Change in net operating income = Net operating income at current sales - net operating income at increased sales = $61,000 - $52,100 = $8,900

Hence, Net operating income is decreased by $8,900

3 0
3 years ago
Cicchetti Corporation uses customers served as its measure of activity. The following report compares the planning budget to the
Marina86 [1]

Answer and Explanation:

The Preparation of the company's revenue and spending variances for December is prepared below:-

The report with respect to the company revenue and spending variance is presented in the attachment below

The revenue refers to the sales of the company

And, the spending variance refers to the difference between the actual amount of expenses incurred and the budgeted amount of expenses incurred. The same is shown in the below attachment.

8 0
3 years ago
Money is a ______ of some item or group of items that is used as a medium of exchange.
Naily [24]

The fact that money can be used as a medium of exchange is as a result of it being a <u>stock </u>of some items.

<h3>What can money do?</h3>

Money allows for us to trade goods and services which makes it invaluable as a medium of exchange.

The reason money can do this is because it can be denoted as the stock or value of some items.

Find out more on the purposes of money at brainly.com/question/3182649.

4 0
2 years ago
You deposit $5000 at end of each year for 10 years. assume you are earning 8.88% per year for the entire problem. after 10 years
yan [13]
I say around 15-25 yrs but really i am not sure just being honest 

8 0
3 years ago
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