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3 years ago

The factor that has the greatest impact on your credit score is

2 answers:

4 0

Payment history, along with public records account for about 35% of your score. Late payments on your current and previous credit accounts generally lower your score.
That should answer your question.

WITCHER [35]3 years ago

3 0

Payment History, late payments, None payments

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Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $4,000,000, 6%, 8-year bond that pays semian

Svetradugi [14.3K]

Answer:

Dr cash proceeds $3,325,959

Dr discount on bonds payable $674,041

Cr bonds payable $4,000,000

Explanation:

The cash proceeds from the bond issuance is $3,325,959

The face value of the bond issued is $4,000,000

Discount on bond issuance=$4,000,000-$3,325,959

Discount on bond issuance=$674,041.00

The appropriate double entries would be to debit the cash account and discount on bonds payable with $3,325,959 and $674,041 resepectively while bonds payable is credited with $4,000,000

7 0

3 years ago

Problem 24-6A Payback period, break-even time, and net present value LO P1, A1

KengaRu [80]

Answer:

1. Payback period = 2.8 years

2. Break-even time = 3.8 years

3. NPV = $12,577

Explanation:

NOTE: See the attached excel file for the calculation tables.

1. Determine the payback period for this investment.

Payback period = 2 years and [(49,600 / 70,800) * 12] months = 2 years and 8 months approximately = 2.8 years.

2. Determine the break-even time for this investment.

Break-even time = 3 years and [(23,622 / 36,199) * 12] months = 3 years and 8 months approximately = 3.8 years

3. Determine the net present value for this investment.

Net present value (NPV) of this investment is $12,577

Download xlsx

6 0

3 years ago

Partridge Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as

-BARSIC- [3]

Answer:

D) $3,285.

Explanation:

Date Purchases Sales

Jan. 1 initial inventory 500 @ $9

Jan. 14 375 @ $14

Jan. 17 250 @ $10

Jan. 25 250 @ $11

Jan. 29 260 @ $16

January 31 only 365 units left.

Under LIFO what is the cost of inventory?

365 units x $9 per unit = $3,285

7 0

3 years ago

Which one of the following is not a part of the business case for why companies should act in a socially responsible manner? A.

Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

3 0

3 years ago

Suppose the value of the price elasticity of supply is 4. what does this mean? a 1 percent increase in the price of the good cau

Aleonysh [2.5K]

A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.

8 0

3 years ago