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3 years ago

many credit card companies will let you determine your interest rate when they approve for your card true or false

2 answers:

6 0

The answer to this is false because all they want is for you to use their card and then it will hurt you credit score because then you will have to pay interest rates.

So it is false

bonufazy [111]3 years ago

5 0

many credit card companies will let you determine your interest rate when they approve for your card true or<u> false</u>

are banks stupid enough to let us decide our own interest rates

plz mark as brainliest

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On June 1, 2018, Blue Co. distributed to its common stockholders 180,000 outstanding common shares of its investment in Red, Inc

faltersainse [42]

Answer:

Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

Explanation:

Book value per share of Red Inc = $1.20 per share

As the value of share is revised just after the declaration but before distribution there will be gain on sale of investment.

Net gain = Sale price - Book value

= $3.40 - $1.20 per share = $2.2 per share

Total gain for the year end on June 30 will be

= $2.2 per share X 180,000 shares = $396,000 shares

Thus Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

8 0

3 years ago

Which of the following statements is true? A) To be more conservative in planning for an individual's retirement, decrease the i

SVETLANKA909090 [29]

Answer:

A) To be more conservative in planning for an individual's retirement, decrease the individuals life expectancy.==>TRUE

B) A sensitivity analysis helps the advisor determine the single most effective factor in a retirement plan. ==> FALSE

C) A Monte Carlo Analysis uses a random number generator to provide the advisor with an array of possible outcomes utilizing the same fact patter. ==>TRUE

D) The capital preservation model assumes that at retirement the client will have exactly the same account balance as he did at his ideal working age. ==> TRUE

8 0

3 years ago

Green Vehicle Inc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and

ioda

Answer and Explanation:

(a)

Variables are given as follows

Total number of cars, C1

Total number of trucks, T1

(b)

Our aim is to maximize the total profit of Green Vehicle Inc.

Max z = 300T1 + 220T1

(c)

In this question, we have limitations, which are

0.025T1 + 0.017C1 ≤ 1

0.020T1 + 0.020C1 ≤ 1

hence attached below are the excel solutions to the problem

3 0

3 years ago

Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates

MrRissso [65]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

The company uses the activity rates to assign overhead costs to products:

Processing customer orders $96.63 per customer order

Assembling products $2.45 per assembly hour

Setting up batches $58.89 per batch

Last year, Product F76D involved 9 customer orders, 436 assembly hours, and 26 batches.

Allocated overhead= 9*96.63 + 436*2.45 + 26*58.89= $3,469.01

4 0

3 years ago

A company discovered in 2013 that it had overstated the inventory balance for Dec 31, 2011 by $10,000. The company had (incorrec

kompoz [17]

Answer:

Corrected Net Income for 2011 = $290,000

Corrected Net Income for 2012 = $410,000

Explanation:

Data provided in the question:

The overstated the inventory balance for Dec 31, 2011 = $10,000

The reported Net Income for 2011 = $300,000

The reported Net Income for 2012 = $400,000

Now,

Since the inventory is overstated in the year 2011, it will be subtracted from the reported incorrect Net Income for 2011

Thus,

Corrected Net Income for 2011 = $300,000 - $10,000

= $290,000

And, for the year 2012 the overstated inventory will be added to the reported Net Income for 2012

thus,

Corrected Net Income for 2012 = $400,000 + $10,000

= $410,000

7 0

3 years ago