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Vesna [10]
3 years ago
15

Henry is having trouble paying his rent and making minimum payments on loans and credit cards. Which should he consider? Check a

ll that apply.
1) Apply for a larger loan at a different bank.

2) Create a budget to track income and expenses.

3) Apply for a credit card to pay for his other expenses.

4) Make less than the minimum payments on his loans and credit cards.

5) Talk to a consumer credit counseling service.
Business
1 answer:
nadya68 [22]3 years ago
7 0
Create a budget to track income and expenses.
Talk to a consumer credit counseling service.
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Free housing reduces poverty because children without a home are more likely to be able to work on school work at home (school is the way to get a good job!), rather than worry about the next meal, because the parents can provide meals with the cost of housing relieved. 
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3 years ago
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Correll Corporation is considering a capital budgeting project that would require investing $264,000 in equipment with an expect
lapo4ka [179]

Answer:

Income Tax Expense in Year 2 = 32400 USD

Explanation:

The income tax expense can be calculated from the following given data:

First of all we need to find the incremental revenue:

Incremental Revenue = Incremental Sales - Incremental expenses

Incremental Sales = 630,000 USD

Incremental expenses = 456,000 USD

So, plug in the values:

Incremental Revenue = 630,000 USD - 456,000 USD

Incremental Revenue = 174000 USD

Now, we need to find the less annual depreciation:

Less Annual Depreciation = Investment/ Expected Life

Investment = 264,000 USD

Expected Life = 4 years

Less Annual Depreciation = 264,000/4

Less Annual Depreciation = 66000 USD

Now, the next step is to calculate the operating incremental income:

Operating incremental income = Incremental Revenue - Less Annual Depreciation

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Operating incremental income = 174000 USD - 66000 USD

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6 0
3 years ago
Compared to money market accounts, CDs are _____ liquid and have _____ interest rates? A. less; higher B. more; higher C. less;
Fudgin [204]

Answer: A. less; higher

Compared to money market accounts, CDs are less liquid and have higher interest rates.

Explanation:

Certificates of deposit (CDs) refer to a saving certificate issued by a federally chartered bank which has a fixed interest rate and fixed date of withdrawal (the maturity date). There exists restriction in accessing the funds until the maturity date of the investment. The maturity rates vary from 30 days to six months or more and the amount of the face value also vary greatly. Certificates of deposit (CDs) are less liquid and have higher interest rates. Interest rates are  the amount charged by a lender to a borrower for using his or her assets.

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7 0
3 years ago
Jan and Kyle sign a contract that provides if a dispute arises, they will submit to arbitration. A dispute arises, but before it
elena-14-01-66 [18.8K]

Answer:

D. Order the parties to arbitrate

Explanation:

Under an arbitration agreement, the parties to such a contract mutually agree to settling future disputes outside court.

Like every contract, such a contract is legally binding and the terms cannot be revoked by one of the parties later. The parties are bound by arbitration in such cases, as is mutually agreed initially.

As per the facts of the case, such an arbitration agreement has been entered into by Jan and Kyle, wherein it was mutually agreed to settle outside court, in the event of a dispute. When the said dispute arose, Jan filed a suit against Kyle.

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