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3 years ago

What is true about credit scores

1 answer:

8 0

You can make them good by buying things with your credit card for little amounts of money and paying the bill right away!
And they allow you to buy houses and cars and qualify for things for cheaper...if you have the better credit you're going to get the house because you show you're responsible with your money.

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ABC company uses the equity method to account for its 40% interestt in voting stock of XYZ company. ABC paid $5,000,000 for inve

frutty [35]

Answer:

the end of year book value would be $5,160,000.

Explanation:

given data

equity method to account = 40%

ABC paid investment = $5,000,000

total book value = $6,000,000

solution

when there are more than 20% stake in other company

than we apply equity method

so here we use

Amount of investment = $5,000,000

Share in net incom (600,000 x 40%) = $240,000

Share in the dividend (200,000 x 40%) = -$80,000

Book value at the end of the year = $5,160,000

So the end of year book value would be $5,160,000.

3 0

3 years ago

A reconciliation of pretax financial statement income to taxable income is shown below for Fieval Industries for the year ended

hjlf

Answer:

$11,250

Explanation:

Deferred tax asset = Warranty expense in excess of deductible amount * Tax rate

Deferred tax asset = $25,000 * 25%

Deferred tax asset = $6,250

Deferred Tax liability = Depreciation in excess of financial statement amount * Tax rate

Deferred Tax liability = $70,000 * 25%

Deferred Tax liability = $17,500

Non-Current deferred tax liability = $17,500 - $6,250 = $11,250

Hence, Fieval should report $11,250 as the deferred income taxes in its 2021 balance sheet

4 0

2 years ago

Before, during, and after a sale, a selling strategy must focus on

Alenkasestr [34]

<span>Before, during, and after a sale, a selling strategy must focus on meeting a customers needs.

It is important when you are trying to sell a product or service to someone, that they see the benefits themselves. As a sales person your job is to make sure the product you have is meeting the customers needs fully because if they don't see that, they won't make the purchase. As a customer, whenever I buy a product I run down a list of ways it will benefit me or why I need it.
</span>

4 0

3 years ago

From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have

Vilka [71]

Answer:

a) Marginal cost of waiting is greater than the marginal benefit of being served

Explanation:

For an economic perspective, customer leave a fast food restaurant as they find the marginal cost of waiting is higher than the cost of marginal benefit of being served at restaurant.

Marginal cost: In economics, it is a cost that is incurred for an additional unit of benefit received out of certain action or activity.

Marginal benefit: It is a benefit received for an additional unit of cost incurred during the activity taken place.

Therefore, customer have done analysis on the benefit of waiting in a queue for getting served at restaurant, which he found that marginal cost is greater than the marginal benefit of being served.

4 0

3 years ago

The role of a labor union is to

devlian [24]

Answer:

D) represent the interests of workers in employment matters.

Explanation:

A labor union is an organization tha acts as an intermediary between its members and the business that employs them. The main purpose of labor unions is to give workers the power to negotiate for more favorable working conditions and benefits through collective bargaining.

8 0

3 years ago

Read 2 more answers