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3 years ago

Determine whether each consequence of poor financial decisions is an initial consequence or a long-term

Business

2 answers:

Elena L [17]3 years ago

6 0

Answer:

initial consequence: extra fees

long-term consequence: higher payments on future loans, higher interest rate, difficultly getting new loans

Explanation:

kaheart [24]3 years ago

5 0

Where are the consequence examples? Need more context to answer this question

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During the taking of its physical inventory on December 31, Barry's Bike Shop incorrectly counted its inventory as $222,138.00 i

Scrat [10]

Answer:

c. assets, retained earnings, and net income all overstated by $37,729.

Explanation:

since the ending inventory was overstated by $222,138 - $184,409 = $37,729, it means that cost of goods sold was understated by that same amount. Since COGS were less, that resulted in higher operating income and net income.

Merchandise inventory will be overstated by $37,729 (current asset), while retained earnings will also be overstated by $37,729 since net income increases retained earnings.

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3 years ago

Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110

Morgarella [4.7K]

The true statement is that Adams has a higher degree of operating leverage than Baron.

<h3>What is a operating leverage?</h3>

The cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.

Here, the degree of operating leverage is for Adams, Inc is <u>3</u> and for Baron, Inc. is 2.

Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.

Therefore, the Option C is correct.

Read more about operating leverage

<em>brainly.com/question/15869128</em>

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2 years ago

Residents of poor countries tend to have fewer automobiles per capita because Group of answer choices lower per capita real gros

Fantom [35]

Answer:

lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Generally, the Gross Domestic Products (GDP) of a country's economy gives an insight to the social well-being of the country, such as;

Adjusting the Real gross domestic product (Real GDP) for price level changes by using a price index. This simply means, Real GDP is adjusted for inflation to measure the value of goods and services produced by a country in a specific period of time.

Mathematically, ${Real GDP}=\frac{\text{Nominal GDP}}{\text{GDP deflator}}$

Hence, residents of poor countries tend to have fewer automobiles per capita because lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

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2 years ago

What are the kitchen tools and equipment needed to cook pancake.

Firlakuza [10]

You need batter a pan something to flip with like a spatula. If you need to be specific you can say a whisk,a bowl, skillet,griddle,spatula.

Ingredients: flour, sugar,baking powder,salt,milk, butter,egg,oil

Added toppings as well such as syrup or something

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2 years ago

A company issues a ten-year bond at par with a coupon rate of 6.4% paid semi-annually. The YTM at the beginning of the third

sladkih [1.3K]

Answer:

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

Explanation:

The current price of the bond can be calculated by using the formula:

$current \ price \ of \ the \ bond= ( coupon \times \dfrac{ (1- \dfrac{1}{(1+YTM)^{no \ of \ period }})}{YTM} + \dfrac{Face \ Value }{(1+YTM ) ^{no \ of \ period}}$

$current \ price \ of \ the \ bond= ( \dfrac{0.064 \times \$1000}{2} \times \dfrac{ (1- \dfrac{1}{(1+ \dfrac{0.091}{2})^{8 \times 2}})}{\dfrac{0.091}{2}} + \dfrac{\$1000 }{(1+\dfrac{0.091}{2} ) ^{8 \times 2}})$

$current \ price \ of \ the \ bond= \$32 \times $11.19 + \$490.70$

$current \ price \ of \ the \ bond= \$358.08+ \$490.70$

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

5 0

3 years ago