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3 years ago

If someone asked you, “Why should I bother worrying about my credit score?” what would you say?

Business

1 answer:

podryga [215]3 years ago

4 0

Answer:

Without a good credit score and history, the experts say, it's more difficult to qualify for a mortgage or car loan – and more expensive, too, because you won't get the best interest rates. In many states, bad credit can even raise your insurance premiums, cost you a rental apartment, or make it harder to get hired.

~Anna

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The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct an income s

Amiraneli [1.4K]

Answer:

Fly-Buy-Nite (FBN) Engineering Company

Income Statement

Sales revenue 35,000

Less Expenses :

Administrative expenses 2,750

Sub-contracted services 15,000

Development expenses 900

Interest expense 200

Selling expenses 4,500 (23,350)

Net Income 11,650

Net Income before taxes is $11,650

Explanation:

The Income Statement shows operating results that is Profit or Loss resulting from trading operations of the company. Profit or Loss = Sales less Expenses.

8 0

3 years ago

Evan McWilliams was involved in a two-car accident with Francis Sullivan. It was Evan's fault and Francis was seriously injured

Furkat [3]

Answer:

Bodily Injury Liability

Explanation:

Since the accident that left Francis seriously injured was Evan's fault, the automobile Insurance policy that will cover the cost of Francis's treatment would be Bodily Injury Insurance Policy.

When a user of this Insurance policy cause a car accident that injures another person, bodily injury liability coverage helps pay for the medical expenses of the person or persons injured.

One should carry a bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.

This goes to define Bodily injury liability as a car insurance coverage that pays for injuries a driver causes to other people, including other drivers, passengers and pedestrians. This policy covers or takes care of medical expenses and lost wages as well as legal and funeral expenses in some cases of the injured persons.

6 0

3 years ago

Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk disco

Dmitry [639]

Answer:

Particulars Jan Feb Mar

Purchase $160,000 $200,000 $252,000

Explanation:

For computing the required purchase from Jan to Mar we need to find out the following amounts

Particulars Jan Feb Mar Apr

Projected sales $380,000 $460,000 $620,000 $660,000

COGS at 40% $152,000 $184,000 $248,000 $264,000

Ending inventory $46,000 $62,000 $66,000

Beg inventory $38,000 $46,000 $62,000

Now the required purchased for each month is

Particulars Jan Feb Mar

COGS $152,000 $184,000 $248,000

Add: ending inve $46,000 $62,000 $66,000

Less: Beg inve ($38,000) ($46,000) ($62,000)

Purchase $160,000 $200,000 $252,000

Here,

COGS = Cost of goods sold

Since the desired ending inventory is 25 percent of the following month’s cost of goods sold so beginning inventory would be 25 percent in current year cost of goods sold

6 0

3 years ago

At a farmerâ€™s market, a basket of strawberries costs $20 and a basket of peaches costs $18. On Saturday, 23 baskets were sold

nlexa [21]

Based on the calculation done, there are 15 baskets of peaches.

x + y = 23 ..... i

20x + 18y = 430 ...... ii

From equation i, x = 23 - y ..... iii

Put equation iii into ii

20x + 18y = 430

20(23 - y) + 18y = 430

460 - 20y + 18y = 430

2y = 30

y = 30/2 = 15

x + y = 23.

x + 15 = 23

x = 23 - 15 = 8

Learn more about equations on:

brainly.com/question/13763238

4 0

2 years ago

How do value chains determine business processes and its structure??

KatRina [158]

Business processes implement value chains or portions of value chains. Each value chain is supported by one or more business process. The information systems are then implemented in order to make the operation <span>run smoothly and productively.</span>

5 0

3 years ago