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gayaneshka [121]
4 years ago
10

Jonathan loses his job a few months after graduating from college. His parents co-signed his student loans while he was in colle

ge. Jonathan wants to defer the student loans until he finds another job. What effect will deferring his loans have?
His co-signer will be liable.
He will be unable to apply for a job.
He will not risk defaulting.
His credit card will be in default.

pretty sure its a
Business
1 answer:
ANTONII [103]4 years ago
4 0
He will not risk defaulting
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Answer:

it assists in organising the resources needed for the new business​

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A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.

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6 0
4 years ago
ctual and budgeted fixed overhead $1,092,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable over
icang [17]

Answer:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Explanation:

Giving the following information:

Actual and budgeted fixed overhead $1,092,000

Standard variable overhead rate $27.00 per standard labor hour

Actual variable overhead costs $137,144

We weren't provided with enough information to calculate the direct labor rate variance. But I will provide the formula.

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

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7 0
4 years ago
Currently, Warren Industries can sell 15-year​, ​$1,000​-par-value bonds paying annual interest at a 12​% coupon rate. Because c
Korolek [52]

Answer:

11.57% and 9.02%

Explanation:

For computing the before-tax and after- tax cost of debt we use the RATE formula i.e to be shown in the attachment below:

Given that,  

Present value = $1,050 - $20 = $1,030

Future value or Face value = $1,000  

PMT = 1,000 × 12% = $120

NPER = 15 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 11.57%

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6 0
3 years ago
The following transactions were completed by the company.
vlada-n [284]

Question Completion:

The impact on accounting equation:

Answer:

   Assets                        =               Liabilities          +     Equity

a. Cash +$6,200            =               Liabilities +  Retained Earnings + $6,200

b. Accounts Receivable +$4,700 = Liabilities + Retained Earnings + $4,700  

c. Cash -$1,750                            = Liabilities + Retained Earnings -$1,750

d. Cash + $2,350; Accounts Receivable -$2,350 = Liabilities + Equity

e. Cash - $840                            = Liabilities + Retained Earnings -$840

Explanation:

The accounting equation states that Assets = Liabilities + Equity.  This equation means that every business transaction has effect on either side or both sides of the equation.  For every transaction, the Assets are increased or decreased and Liabilities + Equity are increased or decreased.  And sometimes, only one side is affected by a transaction.  This means that the affected side is increased and decreased by one transaction.  Case "d" is  typical example.

5 0
4 years ago
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