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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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If the cost of an item is $72 and it has a retail price of $89, what is the gross margin?
djyliett [7]

Answer:

retail - cost) / retail) * 100 =

((5 - 3.5) / 5) * 100 =

(1.5/5) * 100 =

0.3 * 100 =

30% <==

Explanation:

7 0
3 years ago
Tool Manufacturing has an expected EBIT of $ 39,000 in perpetuity and a tax rate of 33 percent. The firm has $ 80,000 in outstan
Thepotemich [5.8K]

Answer:

$208,530

Explanation:

The computation of value of levered firm is shown below:-

For computing the value of levered firm first we need to compute the Value of Unleavened firm

Value of unlevered firm = Earning before interest and tax × (1 - tax rate) ÷ Cost unlevered of Capital

= $39,000 × (1 - 33%) ÷ 15%

= $39,000 × 0.67 ÷ 15%

= $39,000 × 4.67

= $182,130

Now, the Value of levered firm = Value of unlevered firm + Outstanding debt × Tax rate

= $182,130  + $80,000 × 33%

= $182,130  + $26,400

= $208,530

3 0
3 years ago
Identify each of the following transactions as:
ale4655 [162]

Answer:

Explanation:

Basically there are three types of activities under the indirect method is shown below:

1. Operating activities: It includes those transactions which affect the working capital, and it records gain or loss on sale of the assets. Increase in current assets and decrease in current liabilities would be subtracted and the decrease in current assets and increase in current liabilities would be added

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So, the item categorization under each activities are shown below:

a. Cash sale of land  - Investing activity (I) (+)

b. Issuance of long-term note payable in exchange for cash  - Financing activity (F) (+)

c. Depreciation of equipment  - Operating activity (O) (+)

d. Purchase of treasury stock  - Financing activity (F) (-)

e. Issuance of common stock for cash  - Financing activity (F) (+)

f. Increase in accounts payable  -   Operating activity (O) (+)

g. Net income  - Operating activity (O) (+)

h. Payment of cash dividend  - Financing activity (F) (-)

i. Decrease in accrued liabilities  - Operating activity (O) (-)

j. Loss on sale of land  - Operating activity (O) (+)

k. Acquisition of building by issuance of notes payable  - Non-cash investing and financing activity (NIF) as no cash transactions involves

l. Payment of long-term debt  - Financing activity (F) (-)

m. Acquisition of building by issuance of common stock  -  Non-cash investing and financing activity (NIF) as no cash transactions involves

n. Decrease in accounts receivable  - Operating activity (O) (+)

o. Decrease in inventory  - Operating activity (O) (+)

p. Increase in prepaid expenses - Operating activity (O) (-)

8 0
3 years ago
If I need to buy groceries and I need 200 dollars, but I only have 30. How will I get more money?
liberstina [14]

Answer:

ugg

Explanation:

serious answer

get a job

not serious answer

eat a raccoon from the trash

5 0
4 years ago
As a manager, jermaine, defines goals, set performance objectives, and identify action steps for accomplishing them. jermaine is
enyata [817]

If Jermaine defines goals, set objectives and identifies the steps for having to accomplish them, she is engaged with the management function of planning as planning is a function in management in having to make plans in order to acquire specific goals.

3 0
3 years ago
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