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Lostsunrise [7]
2 years ago
12

Lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. She ha

s to decide whether to use a credit card or to finance the bike through the store. Which questions should Lakesha answer before making her decision? Check all that apply.
Business
1 answer:
Bezzdna [24]2 years ago
7 0

Answer:

]-0]-]'-0]

Explanation:

You might be interested in
A company has two divisions and evaluates management using return on investment. Division 1 currently makes a part that it sells
Anton [14]

Answer:

c. Division 1 should continue to do business with Division 2 because Division 1's variable cost per part is only $18.

Explanation:

Since the variable cost per part is only $18 and Division 1  sells to Division 2 at $25, it is in the company's overall interest that business should continue between the two divisions.

The cost of getting the part from outside is $26.  This will incur more cost to the company and create excess capacity for Division 1.

Fixed costs are not relevant in making a decision of this nature.  The costs would be incurred irrespective of the decision made.  They are therefore irrelevant.  The relevant cost is the variable cost of $18 per unit.  It should be the focus of the decision, including the possibility of excess capacity for Division 1.

7 0
3 years ago
Sue’s Jewelry sold 20 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10
tiny-mole [99]

I took the test. The answer is A. Accounts Receivable for $530.

Brainliest please?

4 0
3 years ago
Law Office employ 12 full-time attorneys and 5 paraprofessionals. Budgeted salaries include $100,000 for each attorney and $30,0
Jobisdone [24]

Answer:

See below

Explanation:

Given the above information,

= ($110,000 × 12 + $30,000 × 5) / 60,000 × 1,000

= ($1,320,000 + $150,000) / 60,000,000

= $1,470,000 / 60,000,000 + $300,000/60,000) × 1,000

= $0.0245 + $5,000

= $5,000

7 0
3 years ago
The city of Johnstown decides to build a new stadium to attract a basketball team from the city of Rosendale. One economic advis
ivolga24 [154]

Answer:

A 20-year sales tax of 1% will be more efficient.

Explanation:

The reason is that the major component of goods that are usually affected by general sales are elastic goods, and therefore a 10% sales tax for 2 years will increase price of the goods and then have a negative effect on the quantity demanded.

A 10% sales tax will also negatively affect the stadium financing within the expected 2 years as it will result in a dead weight loss in the economy.

Since the interest rate is zero, this indicates that the economy will not incur any loss by paying back the debt over longer time of 20 years. Therefore, a 20-year sales tax of 1% will be more efficient.

4 0
2 years ago
Too Young, Inc., has a bond outstanding with a coupon rate of 7 percent and semiannual payments. The bond currently sells for $9
Llana [10]

Answer:

The company's pretax cost of debt is 7.45 %.

Explanation:

When it comes to bonds, the cost of debt is the required return on the bond known as the Yield to Maturity (YTM) of the bond.

The Yield to Maturity (YTM) of the bond can be determined as follows :

N = 23 × 2 = 46

PV = $951

Pmt = ($1,000 × 7 %) ÷ 2 = - $35

P/YR = 2

FV = - $1,000

YTM = ?

Using a Financial Calculator, the Yield to Maturity (YTM) of the bond is 7.4484 or 7.45 %

Therefore,

The company's pretax cost of debt is 7.45 %.

5 0
3 years ago
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