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3 years ago

How does the use of credit influence businesses and the economy?

2 answers:

5 0

A credit company will look at your history with credit and either accept you or deny you based on your credit score

i hope this helps..;)

WITCHER [35]3 years ago

3 0

If applying for a thing like a loan, a bank will look at your credit history. Based on your score and how good your credit is they will either accept you or deny you. Keeping good credit is very important.

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Glendale Paving currently has 120,000 shares of stock outstanding that sell for $54 per share. Assume no market imperfections or

emmasim [6.3K]

Answer:

The new price will be $38.57.

Explanation:

The initial price of 120,000 outstanding shares is $54.

There are no market imperfections or taxes.

The firm declares a dividend of 40%.

The new share price will be

= $Initial\ price\times(\frac{1}{1+ dividend} )$

= $54\times(\frac{1}{1+0.4} )$

= $54\times\frac{1}{1.4}$

= $54\times0.71$

= $$38.57$

5 0

3 years ago

Devine Linens (DL) must raise $14,000,000 to support future growth. If it raises the funds by issuing stock, DL must pay an inve

blsea [12.9K]

Answer:

D. $15,000,000

Explanation:

amount to be raised before 5%cost = $14,000,000 + $250,000

=$14,250,000

then:

100 - 5 = 95% ~~ $14,250,000

100% ~~ $ 15,000000

Therefore, the amount required to be raised is $15,000,000.

5 0

3 years ago

Due to the rise of large-scale production, the influx of peasants to urban areas to find work, and the development of a system o

Strike441 [17]

Answer:

Barter system

Explanation:

Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.

these type of system is used in society from centuries and long time back before money was introduced.

8 0

3 years ago

The following table shows data for nominal GDP and the GDP deflator (2010 = 100) in 2013 and 2014 for six major industrial count

dolphi86 [110]

1. United States : 2013 real GDP 15,779.54, 2014 : 16,152.7

2. Canada : 2013 real GDP 1,738.66, 2014 : 1,781.96

3. Japan : 2013 real GDP 464,321.4, 2014 : 495,576.9

4. Italy: 2013 real GDP 1,549.08, 2014 : 1,539.33

5. Australia : 2013 real GDP : 1,473.74, 2014: 1,512.09

6. United Kingdom : 2013 real GDP : 1,642.37, 2014: 1,690.09

Inflation rate:

1. United States: 1.7%

2. Canada: 2.6%

3. Japan: 1.6%

4. italy: 1.0%

5. Australia: 0.28 %

6. United Kingdom: 1.62 %

5 0

3 years ago

Derby company sells season passes to its entertainment center. the passes sell for $75 each and are good for the year. on janua

Basile [38]

<span>18750 Explanation: As per Revenue Recognition Principle, one of the principles is the amount of revenue can be reasonably measured, that means the revenue earned should be measurable. Another principle is costs of earning the revenue can be reasonably measured. Therefore, the revenues and costs should both be reasonably measurable. In the above case, both revenue and cost are measurable. In the above case, the passes are sold in advance because the passes are good for one year, that means the customers paid the money in advance for the whole year on January 1. Advance payments are generally considered as current liabilities in company's balance sheet and the revenue will be recognized with time as the services will be provided. So, in this case, the total revenue is 75 x 3000 = 225, 000 (whole year), Per month revenue will be 225,000/12 = 18,750 .</span>

6 0

3 years ago