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Aleksandr-060686 [28]

3 years ago

15

By making minimum payments on a credit card, the consumer can A. Avoid paying late fees B. pay off the balance quicker C. lessen

the total amount owed D. avoid paying compounding interest

2 answers:

andreyandreev [35.5K]3 years ago

5 0

Answer:

A

Explanation:

It only avoid late payments. Most of the time it is not good to pay minimum amount .

Mamont248 [21]3 years ago

4 0

Answer:

i belive the answer is A

Explanation:

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MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. r

schepotkina [342]

Answer:

explains how a firm's WACC increases with the use of financial leverage.

Explanation:

According to the MM Proposition II with taxes, the cost of equity rises with the increases use of debt in the capital structure of a firm.

$r_{e}$ = $r_{o} +( r_{o} - r_{d} )$ × $\frac{D}{E}$

As cost of equity increases, the firm's WACC increases also

The MM Proposition I with taxes reveals how utilizing the tax shield on debt causes an increase in the value of a firm

4 0

3 years ago

Wheeler Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of it

Arte-miy333 [17]

Answer:

Option (c) $141,818

Explanation:

Data provided in the question:

Number of common stocks issued = 5,000

Value of common stock = $25 par value

Number of preferred stocks issued = 7,500

Value of preferred stock = $20 par value

Lump sum value of total shares issued = $260,000

Now,

Fair value of the preferred stocks = 7,500 × $20

= $150,000

Fair value of the common stocks = 5,000 × $25

= $125,000

Thus,

Total value of the stocks issued = $150,000 + $125,000

= $275,000

Therefore,

Proceeds allocated to the preferred stock

= Lump sum value × [ Fair value of the preferred stocks ÷ value of the stocks ]

= $260,000 × [ $150,000 ÷ $275,000 ]

= $141,818.18 ≈ $141,818

Hence,

Option (c) $141,818

3 0

3 years ago

"Prepare the issuer's journal entry for each of the following separate transactions.

Charra [1.4K]

Answer:

Dr cash $303,500

Cr common stock $133,500

Cr paid in capital in excess of par value $170,000

Second issue of shares:

Dr cash $74,000

Cr common stock $74,000

Explanation:

The cash received from the issuance of 44,500 at $3 par value is $303,500 which is to debited to cash and credited to common stock for$133,500 ($3*44,500) while the balance of $170,000 ($303,500-$133,500) is credited to paid in capital in excess par value account.

On the issuance of no par value common stock for cash of $74,000,the cash account is debited as usual with $74,000 while the common stock account is credited with same amount.

3 0

3 years ago

Please Help! What are the top 2 industries affected by data breaches?

Andrej [43]

The answer would be Health and Government, I believe.

7 0

3 years ago

A company that recently lost patent protection for a product may see an increased threat from which forces? g

Ray Of Light [21]

Answer:

Threat of Substitutes
Threat of New entrants/ Competitors

Explanation:

This question relates to Porter's five forces.

A patent on a good protects that good from being able to be copied or produced by other companies.

Should a company lose this protection, companies will be allowed to make substitutes to the products without running afoul of the law. The company will therefore face an increased threat from Substitutes.

Other companies will also be able to produce the goods or offer the services now which would mean that new entrants/ competitors can come into the market for that good or service.

8 0

2 years ago