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stepladder [879]
3 years ago
15

Jim is a college senior with $50,000 in student loans. he earned $2,000 last year. he has no savings so he charged a $5,000 vaca

tion on his credit card. how would you characterize jim's use of credit?
Business
1 answer:
laiz [17]3 years ago
5 0
<span>It is irresponsible use of credit because his current income is too low. Hope I helped!</span>
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By mastering professional communication, the potential for misunderstandings occurring can be minimised. When you work in a team, you need to be able to regularly communicate with others. You need to listen to other people's ideas, whilst being able to clearly and effectively communicate your own.

Purposes:

The five purposes for communication are to inform, imagine, influence, meet social expectations and express feelings.

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The company stops the disputed behavior but does not admit that it broke the law
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3 years ago
Assignment:
Talja [164]

In-depth research is needed on the advantages and disadvantages of the three forms of business ownership and alternative types and what type of ownership you would be most comfortable with.

<h3 /><h3>Sole Proprietorships</h3>

It is a form of company in which only one person is responsible for management, with no legal distinction between the owner and the company.

The advantages are the less bureaucracy and lower interest rate. The disadvantages are the difficulty in obtaining financing and business credit.

<h3 /><h3>Partnerships</h3>

It is a professional relationship between two or more people to carry out a business. The advantages are the sharing of risk and responsability. The disadvantages are related to the loss of autonomy and conflicts.

<h3 /><h3>Corporations</h3>

It is an entity that has a legal status separate from its owners. The advantages are the ease of obtaining credit and protection from the liability of partners. The disadvantages relate to greater bureaucratization and formalities.

<h3 /><h3>Franchises</h3>

It is a business system where royalties are paid to a franchisor for the right to sell the same products and services. The advantages of franchising is the value of the brand and customer perception. The disadvantages are the high investment and maintenance of the business.

<h3>Nonprofit Organizations</h3>

It is an entity whose objective is to offer social benefits and to the general public, non-profit. The advantages are employee motivation and commitment and the disadvantages are social pressure and lack of financial resources.

<h3 /><h3> Cooperatives</h3>

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Find out more information about Sole Proprietorships here:

brainly.com/question/19176489

6 0
2 years ago
Western Electric has 31,500 shares of common stock outstanding at a price per share of $78 and a rate of return of 13.05 percent
S_A_V [24]

Answer:

WACC = 11.13%

Explanation:

total market value common stocks = 31,500 x $78 = $2,457,000

total market value of preferred stock = 7,250 x $94.50 = $685,125

total market value of debt = $401,000 x 1.105 = $443,105

total = $3,575,230

Rcs = 13.05%

Rps = $7.70 / $94.50 = 8.15%

Rd = 8.05%

WACC = ($2,457,000/$3,575,230 x 13.05%) + ($685,125/$3,575,230 x 8.15%) + ($443,105/$3,575,230 x 8.05% x 60%) = 8.968% + 1.562% + 0.6% = 11.13%

8 0
3 years ago
Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroec
avanturin [10]

Answer:

b. The expected rate of return on U.S. assets rises

Explanation:

  • An open economy is one that interacts freely with the other economies of the world, the one economy of the united states is very large and includes the imports and exports of huge quantity including the goods and services.
  • In an open economy, macroeconomic model assets are bought and supplied to the economy a this creating an outflow of the capital as more of the buying of the assets creates a net capital outflow leading to an increase of the expected rate of return of assets. As the country can spend more than it produces.
7 0
3 years ago
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