Ask question

Ask question

All categories

3 years ago

5

Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for grocerie

s

2 answers:

Rashid [163]3 years ago

8 0

Answer:

c. to pay for college

Explanation:

just took the test

Ilia_Sergeevich [38]3 years ago

7 0

Answer:

To buy a house and save up for money

You might be interested in

Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20

satela [25.4K]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

7 0

3 years ago

Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0

mel-nik [20]

Solution:

Differential Analysis:

Continue Eliminate Net income

Inc/Dec

Sales 201000 0 -201000

variable cost 176000 0 176000

Contribution margin 25000 0 -25000

Fixed cost 30000 20300 9700

Net income / (loss) -5000 -20300 -15300

No, The Product line shall not be eliminated

4 0

3 years ago

Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the

IRINA_888 [86]

Answer:

$10,000 increase in stockholder equity

Explanation:

The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of stockholder equity

It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity

7 0

3 years ago

The perfectly competitive price and output level occur where

jasenka [17]

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

7 0

3 years ago

The population p, in millions, of a certain country can be calculated by p=0.83t54, where t is the time in years, and t = 0 repr

dalvyx [7]

P(t) = (0.83)t^(5/4)
<span>2096 - 2015 = 81 </span>
<span>81 ^ (5/4) = 243 </span>
<span>243 × 0.83 = 201.69 </span>

<span>Population in 2096 expected to be 202 million.</span>

3 0

3 years ago