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3 years ago

What has carolines payment history been like?

Business

1 answer:

evablogger [386]3 years ago

3 0

Answer:

Explanation:

Does Caroline have any closed accounts How long does a closed account stay on a person's credit report?

Regardless of whether it's a loan or credit card, a closed account can still affect your score. According to Equifax, closed accounts with derogatory marks such as late or missed payments, collections and charge-offs will stay on your credit report for around seven years.

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The income statements for Federer Sports Apparel for 2019 and 2018 are presented below Required Prepare a horizontal analysis fo

nignag [31]

Answer:

FEDERER SPORTS APPAREL

Income Statement For the Years Ended December 31

Years Increase /(Decrease)

2019 2018 Amount %

Net sales 18,800,000 15,500,000 3,300,000 21.29%

Cost of goods sold 13,200,000 7,000,000 6,200,000 88.57%

Gross profit 5,600,000 8,500,000 (2,900,000) -34.12%

Operating expenses 1,600,000 1,200,000 400,000 33.33%

Depreciation expense 1,000,000 1,000,000 0 0

Inventory write-down 200,000 0 200,000 100%

Loss (litigation) 1,500,000 300,000 1,200,000 400%

Net Income $1,300,000 $6,000,000 (4,700,000) 78.33%

Explanation:

a) Federer Sports Apparel can use horizontal analysis as a technique for analyzing the financial statement changes over a period of time. It is a useful tool for Federer to evaluate its trend situations, using the financial statements of two years with the earlier year serving as the base year (or independent variable) while the latter year is the dependent variable.

6 0

3 years ago

In Chapter 7 bankruptcy, liquidation, A. all the debtors' debts are discharged. B. the debtor keeps their assets. C. the trustee

qaws [65]

<span>In Chapter 7 bankruptcy, liquidation, the trustee sells off the debtor's assets and pays creditors. A Chapter 7 bankruptcy often turns into a Chapter 13 which is based around selling debt off to pay creditors. Selling off the assets and liquidating them gives them cash on hand to pay off what needs to be paid. </span>

4 0

3 years ago

Which of the following is an example of a hidden variable? Quality of life is a hidden variable because it cannot be measured di

My name is Ann [436]

Answer:

<u>Quality of life is a hidden variable because it cannot be measured directly but must be inferred from measurable variables such as wealth, success, and environment. </u>

Explanation:

<u>Hidden variable:</u> The term "hidden variable" is described as the proposition that specific "statistical models" of any physical systems, for example, Quantum mechanics are being incomplete inherently, and along with this the apparent randomness of a particular system is being dependent not on "collapsing functions" but instead it is due to any unmeasurable or unseen or hidden variables.

8 0

3 years ago

Consider This) Susie purchased a nonrefundable ticket to a soccer match for $20. It will cost her $10 worth of gas and wear and

kumpel [21]

Answer:

The $20 ticket to the match.

Explanation:

The sunk cost would be the $20 ticket to the match.

3 0

3 years ago

Governments would decrease government expenditures to fight a/an ______________ gap. Due to this change in G, the budget balance

dlinn [17]

Governments would decrease government expenditures to fight an inflationary gap and due to this change in G, the budget balance (BB) would reduce.

<h3>What is budget?</h3>

It should be noted that a budget simply shows the revenue and expenditure for a period of time.

In this case, governments would decrease government expenditures to fight an inflationary gap and due to this change in G, the budget balance would reduce.

Learn more about budget on:

brainly.com/question/6663636

#SPJ1

4 0

2 years ago