Answer:
- All of the above
Explanation:
This is the best answer for this question because a poor credit score can result in difficulty finding a job, renting an apartment, and obtaining credit in the future. I didn't see anything about higher interest charges, but one can logically conclude that that would also be affected
Hope this helps(:
1) Change the nature of the product
2) Give away discounts
3) Reduce the price of the product compared to the competitiveness of the market
A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
Answer: $230,500
Explanation:
Based on the information given, to solve the question, we will use the interest rate of 12%. Since the present value factors have already been given, the lease liability to be recorded will then be:
= 50,000 × PV at 12%
= 50000 × 4.61
= $230,500
Therefore, At the beginning of the lease term, Day should record a lease liability of $230,500.
Answer:
Variable cost per unit= $0.5
Explanation:
<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,420 - 2,925) / (8,870 - 3,880)
Variable cost per unit= $0.5
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 5,420 - (0.5*8,870)
Fixed costs= $985
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 2,925 - (0.5*3,880)
Fixed costs= $985
