The behavior that will typically lead to low credit score is <span>A. Maxed out credit cards
When people maxed out their credit cards, the credit card company will most likely to make additional charges before the balance is paid out. Maxed out credt cards would be interpreted as having uncontrollable consuming behavior and will result in low-credit card score.</span>
Answer:
Income before tax of $17,000,000
net income $12,750,000
Explanation:
Hobson income from continuing operations can be computed by eliminating transactions relating to discontinued operations from the details provided:
Income from continuing operations $215,000,0000
additional warranty expense ($70,000,000)
additional depreciation ($145,000,000)
non-deductible portion of advertising $17,000,000
income before tax $17,000,000
tax at 25%*$17 million ($4,250,000)
Net income $12,750,000
Answer:
Option A
Explanation:
A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.
In other way the original contracting party give all the rights and obligations to the new party
Hence, Option A is correct
"C is correct answer." Gloria's flower shop is an example of a proprietorship. "Hope it helped you!" "Have a great day!" "Thank you so much!"
Answer:
15 years
Explanation:
The target accumulated future amount is the future value of the initial investment(present value), hence, using the future value formula provided below we can determine the investment time horizon in years required to accumulate the target amount:
FV=PV*(1+r)^n
FV=$1,200,000
PV=$287,270
r=10%
n=investment period in years=unknown
$1,200,000=$287,270*(1+10%)^n
$1,200,000/$287,270=(1+10%)^n
$1,200,000/$287,270=(1.10)^n
take log of both sides
ln($1,200,000/$287,270)=n ln(1.10)
n=ln($1,200,000/$287,270)/ln(1.10)
n=15.00years
