1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
5

If you use credit what are you creating

Business
2 answers:
sladkih [1.3K]3 years ago
7 0

Answer:

b

Explanation:

just took quiz

Margaret [11]3 years ago
3 0
<span>B is the correct answer. When you spend money on a credit card you are creating a debt because you are spending money you don't actually have at that point in time.</span>
You might be interested in
In the production of a wooden chair within the circular flow model, what would the resource market include?
lidiya [134]

Answer:

forest/trees

Explanation:

4 0
3 years ago
Golden Eye Co., a hi-tech satellite company, has asked you to value the company for possible cross-listing in the U.S. The compa
EastWind [94]

Answer:

Explanation:

Let's first determine the free cash flow of the firm

Particulars                            Years

                          1                         2                   3

EBIT                  540                   680                750

<u>Tax at 36%    (0.36*540)       (0.36*680)        (0.36*750)    </u>

Less:               345.6                  435.2            480

Net Capital -

Spending            150                   170                 190

<u>Change in NWC    70                    75                  80      </u>

Less:                    125.6              190.2                210

The terminal value at the end of T =(3  years) is:

= \dfrac{Free \ cash \ flow}{unlevered \ cost - expected \ growth  \ rate}

= \dfrac{250}{0.1643-0.04}

= \dfrac{250}{0.1243}

= 2011.26

Finally, the value of the firm can be computed as follows:

Years                  Free Cash Flow        PVIF           PV

1                          125.6                        0.6589        107.88

2                         190.2                        0.7377         140.31

3                          210                           0.6336       133.06

<u>Terminal Value  2011.26                    0.6336        1294.33     </u>

<u>Value of the firm   ⇒                                               $1655.58</u>

5 0
3 years ago
Java jane's first coffeehouse was very successful due to the unique flavors, on-site baked goods, and inviting ambiance. the own
alexdok [17]
Given that <span>Java Jane's first coffeehouse was very successful due to the unique flavors, on-site baked goods, and inviting ambiance. the owner, jane phillips, decided to franchise her operation when she was approached by several interested investors.

The type of marketing system Java Jane's  has most likely adopted is </span><span>a contractual marketing system.</span>
7 0
3 years ago
)In six months, your company plans to issue a 1.5 year zero coupon bond with a face value of $500,000 to finance a small acquisi
pishuonlain [190]

Answer:

$441,495

Explanation:

Since the information is incomplete, I looked for the missing part and found the attached information.

the current yield of a 1.5 years zero coupon bond = (100 / 89.9)¹/¹°⁵ - 1 = 0.0736 = 7.36%

the current yield of a 6 months zero coupon bond = (100 / 97.087)¹/⁰°⁵ - 1 = 0.0609 = 6.09%

now to calculate the future interest rate:

(1.0736²/1.0609) - 1 = 0.0865 = 8.65%

since we are told to determine the price of the bond:

(100/P)¹/¹°⁵ - 1 = 0.0865

(100/P)¹/¹°⁵ = 1.0865

100/P = 1.0865¹°⁵

100/P = 1.1325

100/1.1325 = P

P = 88.299

the expected price of the bond = 88.299% x $500,000 = $441,495

8 0
3 years ago
When consumers buy _____ products, then producers make _____ goods and services. This can lead to economic growth.
d1i1m1o1n [39]
More shall be written in both lines
7 0
3 years ago
Other questions:
  • Alex received two job offers. He is not sure whether he should take a job at the movie theater that is close to his house and pa
    14·1 answer
  • Jeff, the owner of the toy box (a toy store), has chosen his products carefully. they are all handmade of wood; none are cheap g
    9·1 answer
  • Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction
    13·1 answer
  • Do you have an option to pay taxes?
    12·2 answers
  • When compared to static budgets, flexible budgets: a.encourage managers to use less fixed cost items and more variable cost item
    13·2 answers
  • In general, if a consumer good is produced domestically and consumed domestically, an increase in its price will have which of t
    11·1 answer
  • Help if you can thank you
    5·1 answer
  • A certain company just announced it will cut next year's dividends from $4 to $2.50 per share and use the extra funds to expand.
    7·1 answer
  • Describe business transaction that will do the following.
    11·1 answer
  • Investors who acquire preferred stock: Multiple select question. will receive more dividends than common stockholders. have pref
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!